S&P Global Inc. $SPGI Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. cut its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 6.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 140,627 shares of the business services provider’s stock after selling 10,494 shares during the quarter. Vontobel Holding Ltd.’s holdings in S&P Global were worth $57,272,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SPGI. Brighton Jones LLC grew its stake in S&P Global by 4.7% in the fourth quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock worth $1,582,000 after purchasing an additional 143 shares in the last quarter. Sivia Capital Partners LLC raised its stake in S&P Global by 7.8% during the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock valued at $547,000 after buying an additional 75 shares in the last quarter. Neuberger Berman Group LLC lifted its holdings in S&P Global by 5.5% during the 2nd quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider’s stock worth $893,511,000 after buying an additional 88,526 shares during the last quarter. Jump Financial LLC bought a new position in S&P Global during the 2nd quarter worth approximately $552,000. Finally, Main Street Financial Solutions LLC grew its position in shares of S&P Global by 17.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider’s stock worth $1,694,000 after acquiring an additional 472 shares in the last quarter. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

SPGI has been the subject of a number of research reports. Royal Bank Of Canada decreased their price objective on shares of S&P Global from $560.00 to $510.00 and set an “outperform” rating for the company in a report on Tuesday, July 7th. Zacks Research cut shares of S&P Global from a “hold” rating to a “strong sell” rating in a report on Monday, July 20th. Barclays reduced their price target on shares of S&P Global from $555.00 to $553.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. Wall Street Zen raised shares of S&P Global to a “hold” rating in a report on Saturday, July 4th. Finally, Mizuho boosted their price objective on shares of S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Eighteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $523.59.

S&P Global Stock Performance

SPGI stock opened at $418.15 on Friday. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $565.28. The stock has a market capitalization of $123.27 billion, a price-to-earnings ratio of 25.53, a PEG ratio of 1.90 and a beta of 1.07. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 0.95. The stock’s fifty day moving average is $422.53 and its two-hundred day moving average is $429.14.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 EPS for the quarter, topping the consensus estimate of $4.81 by $0.02. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The business had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.09 billion. During the same quarter in the prior year, the firm earned $4.43 earnings per share. The company’s quarterly revenue was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, research analysts predict that S&P Global Inc. will post 17.75 EPS for the current year.

S&P Global Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be given a $0.97 dividend. The ex-dividend date is Wednesday, August 26th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio is 23.69%.

About S&P Global

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.