278,294 Shares in S&P Global Inc. $SPGI Bought by Jupiter Topco LLC

Jupiter Topco LLC bought a new position in shares of S&P Global Inc. (NYSE:SPGI) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 278,294 shares of the business services provider’s stock, valued at approximately $113,189,000. Jupiter Topco LLC owned about 0.09% of S&P Global at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SPGI. Joseph Group Capital Management bought a new stake in S&P Global during the 4th quarter valued at approximately $29,000. North Star Investment Management Corp. increased its position in S&P Global by 134.6% in the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after buying an additional 35 shares during the period. Palladiem LLC acquired a new position in shares of S&P Global during the fourth quarter worth approximately $36,000. Palisade Asset Management LLC acquired a new position in shares of S&P Global during the third quarter worth approximately $36,000. Finally, Swiss RE Ltd. bought a new stake in shares of S&P Global in the fourth quarter valued at approximately $39,000. 87.17% of the stock is currently owned by institutional investors.

S&P Global Stock Up 0.9%

Shares of SPGI stock opened at $436.93 on Thursday. The stock has a market cap of $128.81 billion, a P/E ratio of 26.67, a price-to-earnings-growth ratio of 1.95 and a beta of 1.07. S&P Global Inc. has a one year low of $381.61 and a one year high of $554.56. The stock has a fifty day moving average price of $423.45 and a 200 day moving average price of $424.18. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.95 and a quick ratio of 0.95.

S&P Global (NYSE:SPGI) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.81 by $0.02. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The firm had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.09 billion. During the same quarter in the previous year, the firm posted $4.43 EPS. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Analysts predict that S&P Global Inc. will post 17.75 earnings per share for the current 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 paid a $0.97 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. S&P Global’s payout ratio is presently 23.69%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. dropped their target price on shares of S&P Global from $555.00 to $530.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. Barclays reduced their price target on shares of S&P Global from $555.00 to $553.00 and set an “overweight” rating for the company in a report on Wednesday, July 29th. BMO Capital Markets boosted their price objective on shares of S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a report on Tuesday, July 7th. The Goldman Sachs Group cut their price objective on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Finally, Wall Street Zen upgraded shares of S&P Global to a “hold” rating in a research note on Saturday, July 4th. Eighteen analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $523.59.

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.