Northwestern Mutual Wealth Management Co. Buys 3,974 Shares of S&P Global Inc. $SPGI

Northwestern Mutual Wealth Management Co. lifted its stake in S&P Global Inc. (NYSE:SPGI) by 3.5% during the second quarter, Holdings Channel reports. The fund owned 117,890 shares of the business services provider’s stock after acquiring an additional 3,974 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in S&P Global were worth $48,011,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in S&P Global by 4.7% during the fourth quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock valued at $1,582,000 after purchasing an additional 143 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in shares of S&P Global by 7.8% in the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock worth $547,000 after buying an additional 75 shares during the last quarter. Neuberger Berman Group LLC boosted its holdings in shares of S&P Global by 5.5% during the 2nd quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider’s stock worth $893,511,000 after buying an additional 88,526 shares during the period. Jump Financial LLC bought a new stake in shares of S&P Global during the 2nd quarter worth $552,000. Finally, Main Street Financial Solutions LLC grew its stake in S&P Global by 17.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider’s stock valued at $1,694,000 after buying an additional 472 shares during the last quarter. Institutional investors own 87.17% of the company’s stock.

Trending Headlines about S&P Global

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: Potential Capital IQ Pro spinout: Reports that S&P Global is considering a multibillion-dollar spinout of its Capital IQ Pro platform lifted investor interest. Separating the business could unlock value and give the financial-data platform greater strategic flexibility, although the plan remains unconfirmed and could create execution risks. S&P Global reportedly considers multibillion-dollar spinout of Capital IQ platform
• Positive Sentiment: Data-center intelligence expansion: S&P Global completed its acquisition of datacenterHawk, adding proprietary data on data centers, fiber networks, power and related infrastructure. The deal gives S&P Global Energy exposure to demand driven by artificial intelligence and cloud-computing infrastructure. S&P Global Completes Acquisition of datacenterHawk
• Positive Sentiment: Portfolio reshaping: The company completed the sale of its geoscience and petroleum engineering software portfolio to Schlumberger, allowing it to exit a less central software operation and concentrate on data, benchmarks and analytics. S&P Global Completes Divestiture of Upstream Energy Software Portfolio to SLB
• Positive Sentiment: New digital-asset offering: S&P Dow Jones Indices and Kaiko launched a unified suite of S&P Kaiko Digital Asset Indices, expanding S&P Global’s index franchise into cryptocurrency market data and benchmarks. S&P Dow Jones Indices and Kaiko Introduce S&P Kaiko Digital Asset Indices

S&P Global Price Performance

Shares of S&P Global stock opened at $440.16 on Wednesday. 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 Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $552.25. The firm has a fifty day moving average price of $425.94 and a two-hundred day moving average price of $424.74. The company has a market cap of $129.76 billion, a PE ratio of 26.87, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.81 by $0.02. The company had revenue of $4.15 billion for 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%. The business’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Analysts expect that S&P Global Inc. will post 17.75 EPS for the current year.

S&P Global Announces Dividend

The company 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. 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 dividend payout ratio (DPR) is 23.69%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. The Goldman Sachs Group dropped their target price on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Weiss Ratings restated a “hold (c)” rating on shares of S&P Global in a report on Monday, July 6th. Robert W. Baird lowered their price target on S&P Global from $521.00 to $513.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 29th. 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 note on Wednesday, May 20th. Finally, Mizuho boosted their price objective on S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Eighteen equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, S&P Global currently has an average rating of “Moderate Buy” and a consensus price target of $523.59.

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.