Czech National Bank Raises Stock Holdings in S&P Global Inc. $SPGI

Czech National Bank raised its stake in S&P Global Inc. (NYSE:SPGI) by 3.6% during the second quarter, Holdings Channel.com reports. The institutional investor owned 86,302 shares of the business services provider’s stock after purchasing an additional 2,964 shares during the quarter. Czech National Bank’s holdings in S&P Global were worth $35,147,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Steigerwald Gordon & Koch Inc. raised its position in S&P Global by 15.6% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 148 shares of the business services provider’s stock valued at $77,000 after purchasing an additional 20 shares in the last quarter. BSW Wealth Partners raised its holdings in shares of S&P Global by 1.2% during the 4th quarter. BSW Wealth Partners now owns 1,930 shares of the business services provider’s stock valued at $1,009,000 after buying an additional 22 shares in the last quarter. Webster Bank N. A. lifted its position in S&P Global by 7.7% in the 4th quarter. Webster Bank N. A. now owns 308 shares of the business services provider’s stock worth $161,000 after buying an additional 22 shares during the last quarter. Rehmann Capital Advisory Group boosted its stake in S&P Global by 1.2% in the third quarter. Rehmann Capital Advisory Group now owns 1,925 shares of the business services provider’s stock worth $937,000 after buying an additional 22 shares in the last quarter. Finally, City Holding Co. grew its position in S&P Global by 0.8% during the fourth quarter. City Holding Co. now owns 2,870 shares of the business services provider’s stock valued at $1,500,000 after acquiring an additional 23 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Stock Down 1.2%

NYSE SPGI opened at $405.14 on Friday. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. The stock has a market capitalization of $119.44 billion, a PE ratio of 24.73, a PEG ratio of 1.85 and a beta of 1.07. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.95 and a quick ratio of 0.95. The business’s 50-day moving average is $423.53 and its 200 day moving average is $433.51.

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

S&P Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be issued a $0.97 dividend. The ex-dividend date is Wednesday, August 26th. This represents a $3.88 annualized dividend and a yield of 1.0%. S&P Global’s payout ratio is 23.69%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on SPGI shares. Wells Fargo & Company cut their price objective on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a research note on Monday, April 13th. Bank of America reduced their price objective on S&P Global from $575.00 to $550.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. Zacks Research lowered S&P Global from a “hold” rating to a “strong sell” rating in a research note on Monday, July 20th. Royal Bank Of Canada dropped their target price on S&P Global from $560.00 to $510.00 and set an “outperform” rating for the company in a report on Tuesday, July 7th. Finally, BMO Capital Markets raised their price target on S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 7th. Eighteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, S&P Global currently has an average rating of “Moderate Buy” and an average target price 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.