Temasek Holdings Private Ltd Acquires 118,788 Shares of S&P Global Inc. $SPGI

Temasek Holdings Private Ltd grew its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 14.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 958,192 shares of the business services provider’s stock after acquiring an additional 118,788 shares during the quarter. S&P Global accounts for approximately 1.6% of Temasek Holdings Private Ltd’s holdings, making the stock its 16th biggest holding. Temasek Holdings Private Ltd’s holdings in S&P Global were worth $466,362,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SPGI. MTM Investment Management LLC bought a new position in shares of S&P Global during the 2nd quarter valued at $27,000. J.Safra Asset Management Corp purchased a new position in S&P Global in the 3rd quarter worth $29,000. Howard Hughes Medical Institute bought a new stake in S&P Global in the second quarter worth $36,000. First Pacific Financial lifted its stake in S&P Global by 51.0% in the third quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock worth $36,000 after purchasing an additional 25 shares during the last quarter. Finally, Ameriflex Group Inc. boosted its position in S&P Global by 171.4% during the third quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock valued at $37,000 after buying an additional 48 shares during the period. 87.17% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on SPGI. Bank of America began coverage on S&P Global in a research note on Tuesday, February 17th. They set a “buy” rating and a $575.00 price objective on the stock. Robert W. Baird set a $546.00 target price on S&P Global in a report on Wednesday, February 11th. Weiss Ratings lowered S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday. The Goldman Sachs Group set a $498.00 price target on S&P Global in a research note on Wednesday, February 11th. Finally, BMO Capital Markets lowered their price objective on S&P Global from $601.00 to $482.00 and set an “outperform” rating for the company in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $562.67.

S&P Global Trading Up 0.6%

SPGI opened at $422.42 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05. The stock has a market cap of $126.22 billion, a PE ratio of 28.83, a PEG ratio of 1.86 and a beta of 1.23. The business has a 50 day moving average of $474.31 and a 200-day moving average of $494.10.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing the consensus estimate of $4.32 by ($0.02). The firm had revenue of $3.92 billion for the quarter, compared to the consensus estimate of $3.89 billion. S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.77 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities research analysts predict that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

S&P Global Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were issued a dividend of $0.97 per share. This is a boost from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date was Wednesday, February 25th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is presently 26.48%.

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.