Segall Bryant & Hamill LLC Sells 1,134 Shares of S&P Global Inc. $SPGI

Segall Bryant & Hamill LLC lowered its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 3.1% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 35,680 shares of the business services provider’s stock after selling 1,134 shares during the period. Segall Bryant & Hamill LLC’s holdings in S&P Global were worth $17,366,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of S&P Global by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 30,256,638 shares of the business services provider’s stock worth $14,726,208,000 after acquiring an additional 161,719 shares during the period. TCI Fund Management Ltd. lifted its holdings in S&P Global by 7.0% during the 2nd quarter. TCI Fund Management Ltd. now owns 11,091,623 shares of the business services provider’s stock valued at $5,848,502,000 after purchasing an additional 730,354 shares during the last quarter. Geode Capital Management LLC boosted its position in S&P Global by 0.6% during the second quarter. Geode Capital Management LLC now owns 6,793,282 shares of the business services provider’s stock worth $3,565,889,000 after purchasing an additional 42,724 shares during the period. Norges Bank acquired a new position in shares of S&P Global in the second quarter valued at $2,188,945,000. Finally, Legal & General Group Plc increased its holdings in shares of S&P Global by 1.3% in the second quarter. Legal & General Group Plc now owns 2,135,004 shares of the business services provider’s stock valued at $1,125,766,000 after purchasing an additional 26,945 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Trading Up 0.2%

Shares of SPGI stock opened at $444.03 on Wednesday. The stock has a market cap of $132.68 billion, a P/E ratio of 30.31, a price-to-earnings-growth ratio of 1.96 and a beta of 1.23. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.40. The stock has a 50 day simple moving average of $488.19 and a 200 day simple moving average of $499.79.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data 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 company had revenue of $3.92 billion during the quarter, compared to analyst estimates of $3.89 billion. S&P Global had a net margin of 29.16% and a return on equity of 16.56%. S&P Global’s revenue was up 9.0% on a year-over-year basis. During the same period 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. On average, 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 company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be paid a dividend of $0.97 per share. The ex-dividend date is Wednesday, February 25th. This is a positive change from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. S&P Global’s dividend payout ratio is currently 26.48%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Royal Bank Of Canada reduced their target price on shares of S&P Global from $620.00 to $560.00 and set an “outperform” rating for the company in a report on Wednesday, February 11th. Evercore set a $625.00 price objective on shares of S&P Global and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. Barclays reaffirmed an “overweight” rating and issued a $565.00 target price on shares of S&P Global in a research report on Monday, February 23rd. Wells Fargo & Company dropped their price target on S&P Global from $675.00 to $530.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. Finally, UBS Group decreased their price objective on S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating and seventeen have given a Buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $562.67.

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.