S&P Global Inc. $SPGI Stake Cut by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. cut its holdings in S&P Global Inc. (NYSE:SPGI) by 2.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 205,050 shares of the business services provider’s stock after selling 5,500 shares during the quarter. S&P Global accounts for 2.8% of Schwartz Investment Counsel Inc.’s portfolio, making the stock its 10th biggest holding. Schwartz Investment Counsel Inc. owned 0.07% of S&P Global worth $80,886,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Oppenheimer & Co. Inc. grew its stake in shares of S&P Global by 15.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 4,492 shares of the business services provider’s stock worth $1,772,000 after purchasing an additional 607 shares during the period. Center for Financial Planning Inc. increased its holdings in shares of S&P Global by 6.2% in the 3rd quarter. Center for Financial Planning Inc. now owns 1,060 shares of the business services provider’s stock valued at $418,000 after purchasing an additional 62 shares in the last quarter. Park Avenue Securities LLC lifted its stake in shares of S&P Global by 10.9% in the third quarter. Park Avenue Securities LLC now owns 6,538 shares of the business services provider’s stock valued at $2,579,000 after purchasing an additional 642 shares during the period. Verdence Capital Advisors LLC lifted its stake in shares of S&P Global by 1,196.5% in the third quarter. Verdence Capital Advisors LLC now owns 14,625 shares of the business services provider’s stock valued at $5,769,000 after purchasing an additional 13,497 shares during the period. Finally, Mill Capital Management LLC lifted its stake in shares of S&P Global by 1.0% in the third quarter. Mill Capital Management LLC now owns 44,278 shares of the business services provider’s stock valued at $17,466,000 after purchasing an additional 422 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Price Performance

Shares of NYSE SPGI opened at $449.77 on Wednesday. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $552.25. The company’s 50-day moving average price is $419.64 and its 200 day moving average price is $432.90.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, October 27th. The business services provider reported $4.58 earnings per share for the quarter, beating the consensus estimate of $4.43 by $0.15. The business had revenue of $3.68 billion for the quarter, compared to analysts’ expectations of $3.64 billion. The business’s revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the business posted $4.73 earnings per share. Equities research analysts forecast that S&P Global Inc. will post 17.69 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 25th will be given a $0.97 dividend. The ex-dividend date is Wednesday, November 25th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%.

Key S&P Global News

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: Q3 results exceeded expectations: S&P Global reported adjusted earnings of $4.58 per share versus the $4.43 consensus estimate, while revenue rose 6.8% year over year to $3.68 billion, ahead of estimates. Growth was led by the Indices and Market Intelligence businesses. S&P Global Beats Q3 Earnings on Indices & Market Intelligence
• Positive Sentiment: Full-year outlook and capital returns support sentiment: Management raised its 2026 outlook, and share repurchases are expected to exceed $7 billion for the year. The stronger guidance reinforces the company’s earnings momentum and shareholder-return profile. S&P Global Beats Earnings Estimates. A Major Shake-Up Could Be Coming.
• Positive Sentiment: Expansion into emerging markets: S&P Global completed its OpenZeppelin acquisition, adding expertise in onchain security and digital-asset risk assessment. It also expanded its indices business through a collaboration with Kalshi for prediction-market contracts, potentially creating new licensing opportunities. S&P Global Completes Acquisition of OpenZeppelin
• Neutral Sentiment: Capital IQ strategic review: S&P Global is evaluating alternatives for Capital IQ and related data businesses, including a possible separation. A transaction could unlock value by highlighting the assets’ standalone worth, but no decision or timetable has been announced. S&P Global explores potential separation of Capital IQ business
• Negative Sentiment: Investors are focused on execution and valuation risks: The potential Capital IQ spinoff introduces uncertainty over future revenue mix, costs and strategic direction. That concern appears to be outweighing the earnings beat in the near term, particularly as commentary has characterized SPGI as fully valued after its recent advance. S&P Global Drops as Investors Weigh Capital IQ Spinoff Math

Analyst Upgrades and Downgrades

A number of research firms recently commented on SPGI. Royal Bank Of Canada reissued an “outperform” rating and set a $510.00 price objective on shares of S&P Global in a report on Wednesday, August 26th. BMO Capital Markets dropped their target price on shares of S&P Global from $505.00 to $500.00 and set an “outperform” rating for the company in a report on Tuesday, October 13th. Mizuho reduced their price target on shares of S&P Global from $554.00 to $531.00 and set an “outperform” rating for the company in a research report on Monday, October 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of S&P Global in a research report on Friday, October 2nd. Finally, Wall Street Zen raised S&P Global to a “hold” rating in a research note on Saturday, September 5th. Eighteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $515.88.

S&P Global Company Profile

S&P Global (NYSE: SPGI) is a global provider of financial information, analytics, benchmarks and credit ratings. Its services are used by investors, corporations, governments and other organizations to evaluate risk, assess markets, support investment decisions and manage business operations.

The company operates through businesses including S&P Global Ratings, which provides credit ratings and related research; S&P Global Market Intelligence, which delivers data, research and analytics on companies, markets and industries; and S&P Global Commodity Insights, which supplies information and analysis for energy and commodity markets.