Hudson Way Capital Management LLC Buys 21,030 Shares of S&P Global Inc. $SPGI

Hudson Way Capital Management LLC boosted its stake in S&P Global Inc. (NYSE:SPGI) by 20.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 125,200 shares of the business services provider’s stock after purchasing an additional 21,030 shares during the quarter. S&P Global comprises 5.2% of Hudson Way Capital Management LLC’s portfolio, making the stock its 8th largest position. Hudson Way Capital Management LLC’s holdings in S&P Global were worth $60,936,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPGI. MTM Investment Management LLC purchased a new position in S&P Global during the second quarter worth approximately $27,000. J.Safra Asset Management Corp purchased a new stake in shares of S&P Global during the 3rd quarter valued at $29,000. Howard Hughes Medical Institute acquired a new stake in shares of S&P Global during the 2nd quarter worth $36,000. First Pacific Financial raised its position in shares of S&P Global by 51.0% in the 3rd quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock worth $36,000 after buying an additional 25 shares during the period. Finally, Ameriflex Group Inc. raised its position in shares of S&P Global by 171.4% in the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after buying an additional 48 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

Analyst Ratings Changes

SPGI has been the subject of a number of research reports. Robert W. Baird set a $546.00 price target on S&P Global in a research report on Wednesday, February 11th. Stifel Nicolaus reduced their price objective on S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Mizuho decreased their target price on S&P Global from $657.00 to $551.00 and set an “outperform” rating for the company in a report on Thursday, February 12th. Bank of America began coverage on shares of S&P Global in a research report on Tuesday, February 17th. They set a “buy” rating and a $575.00 target price for the company. Finally, The Goldman Sachs Group set a $498.00 price target on shares of S&P Global in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, S&P Global currently has a consensus rating of “Buy” and an average price target of $562.67.

S&P Global Stock Up 0.6%

Shares of NYSE SPGI opened at $422.42 on Monday. The stock has a fifty day moving average price of $474.31 and a 200 day moving average price of $493.30. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.40. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $579.05. The company has a market cap of $126.22 billion, a P/E ratio of 28.83, a P/E/G ratio of 1.87 and a beta of 1.23.

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

S&P Global Increases Dividend

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

S&P Global Profile

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.