Silvant Capital Management LLC Reduces Holdings in S&P Global Inc. $SPGI

Silvant Capital Management LLC decreased its stake in shares of S&P Global Inc. (NYSE:SPGI) by 10.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,579 shares of the business services provider’s stock after selling 1,766 shares during the period. Silvant Capital Management LLC’s holdings in S&P Global were worth $6,345,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of SPGI. Joseph Group Capital Management bought a new position in S&P Global in the fourth quarter worth about $29,000. North Star Investment Management Corp. boosted its position in S&P Global by 134.6% during the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 35 shares in the last quarter. Palladiem LLC bought a new stake in S&P Global during the 4th quarter valued at approximately $36,000. Palisade Asset Management LLC purchased a new position in shares of S&P Global during the 3rd quarter worth approximately $36,000. Finally, Swiss RE Ltd. purchased a new position in shares of S&P Global during the 4th quarter worth approximately $39,000. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Up 1.2%

Shares of NYSE:SPGI opened at $431.70 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.40. The stock has a fifty day simple moving average of $422.64 and a two-hundred day simple moving average of $425.42. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $559.44. The stock has a market capitalization of $127.27 billion, a price-to-earnings ratio of 26.36, a PEG ratio of 1.92 and a beta of 1.07.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, beating the consensus estimate of $4.81 by $0.02. The firm had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.09 billion. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.The company’s revenue was up 10.4% on a year-over-year basis. During the same period last year, the company earned $4.43 earnings per share. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, research analysts anticipate that S&P Global Inc. will post 17.75 earnings per share for the current fiscal year.

S&P Global Announces Dividend

The company also recently disclosed 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. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global’s dividend payout ratio is 23.69%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. BMO Capital Markets raised their target price on S&P Global from $495.00 to $505.00 and gave the company an “outperform” rating in a research note on Tuesday, July 7th. Daiwa Securities Group reduced their price target 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. Robert W. Baird reduced their price target on S&P Global from $521.00 to $513.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 29th. Stifel Nicolaus increased their price objective on S&P Global from $489.00 to $521.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of S&P Global in a research report on Monday, July 6th. 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 stock. Based on data from MarketBeat, the company currently has a consensus 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.