Osmosis Investment Management UK Ltd Sells 9,893 Shares of S&P Global Inc. $SPGI

Osmosis Investment Management UK Ltd trimmed its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 50.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,627 shares of the business services provider’s stock after selling 9,893 shares during the period. Osmosis Investment Management UK Ltd’s holdings in S&P Global were worth $3,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Covington Investment Advisors Inc. raised its holdings in shares of S&P Global by 9.7% in the 2nd quarter. Covington Investment Advisors Inc. now owns 34,091 shares of the business services provider’s stock valued at $13,884,000 after purchasing an additional 3,019 shares in the last quarter. Saranac Partners Ltd bought a new position in shares of S&P Global during the second quarter valued at approximately $316,000. Polymer Capital Management HK LTD increased its holdings in S&P Global by 30.0% during the second quarter. Polymer Capital Management HK LTD now owns 2,480 shares of the business services provider’s stock valued at $1,010,000 after buying an additional 572 shares during the period. Meiji Yasuda Asset Management Co Ltd. increased its holdings in S&P Global by 34.8% during the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 22,188 shares of the business services provider’s stock valued at $9,036,000 after buying an additional 5,731 shares during the period. Finally, Magellan Asset Management Ltd raised its stake in S&P Global by 6.6% in the second quarter. Magellan Asset Management Ltd now owns 168,908 shares of the business services provider’s stock worth $68,789,000 after buying an additional 10,394 shares in the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Trading Down 0.0%

NYSE SPGI opened at $431.10 on Monday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.40. The firm has a market cap of $127.09 billion, a PE ratio of 26.32, a price-to-earnings-growth ratio of 1.94 and a beta of 1.07. The company has a 50 day moving average price of $422.87 and a 200 day moving average price of $424.74. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $559.44.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, beating the consensus estimate of $4.81 by $0.02. The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.09 billion. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. S&P Global’s revenue was up 10.4% compared to the same quarter last year. During the same period last year, the firm earned $4.43 earnings per share. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. As a group, sell-side analysts forecast that S&P Global Inc. will post 17.75 EPS for the current fiscal year.

S&P Global Announces Dividend

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

Analyst Ratings Changes

SPGI has been the subject of a number of analyst reports. Rothschild & Co Redburn lowered their target price on S&P Global from $540.00 to $520.00 and set a “buy” rating for the company in a report on Thursday, June 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of S&P Global in a report on Monday, July 6th. UBS Group reduced their price target on S&P Global from $550.00 to $525.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Jefferies Financial Group upped their price objective on S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Finally, Daiwa Securities Group dropped their price objective on S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. Eighteen research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $523.59.

S&P Global Company 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.