Comgest Global Investors S.A.S. Boosts Position in S&P Global Inc. $SPGI

Comgest Global Investors S.A.S. raised its stake in shares of S&P Global Inc. (NYSE:SPGI) by 1.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 453,999 shares of the business services provider’s stock after purchasing an additional 6,186 shares during the quarter. S&P Global accounts for about 3.9% of Comgest Global Investors S.A.S.’s holdings, making the stock its 9th biggest holding. Comgest Global Investors S.A.S. owned approximately 0.15% of S&P Global worth $220,966,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in SPGI. MTM Investment Management LLC purchased a new stake in S&P Global during the second quarter valued at about $27,000. J.Safra Asset Management Corp bought a new position in shares of S&P Global during the 3rd quarter valued at about $29,000. Spurstone Advisory Services LLC purchased a new position in shares of S&P Global during the 2nd quarter valued at about $34,000. Howard Hughes Medical Institute bought a new stake in S&P Global in the 2nd quarter worth approximately $36,000. Finally, First Pacific Financial boosted 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 buying an additional 25 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on SPGI. UBS Group reduced their target price on shares of S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a report on Tuesday. Mizuho dropped their price target on S&P Global from $657.00 to $551.00 and set an “outperform” rating for the company in a research note on Thursday, February 12th. Morgan Stanley lifted their price objective on S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Royal Bank Of Canada reduced their price target on S&P Global from $620.00 to $560.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 11th. Finally, BMO Capital Markets decreased their price target on shares of S&P Global from $601.00 to $482.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating and seventeen have issued a Buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $566.33.

S&P Global Stock Up 2.2%

NYSE:SPGI opened at $419.61 on Thursday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a market cap of $125.38 billion, a P/E ratio of 28.64, a P/E/G ratio of 1.94 and a beta of 1.20. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. The firm has a 50-day simple moving average of $502.71 and a two-hundred day simple moving average of $508.57.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results 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). The firm had revenue of $3.92 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.77 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. 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 declared a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be paid a $0.97 dividend. This is an increase from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, February 25th. S&P Global’s dividend payout ratio (DPR) is presently 26.21%.

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.