Proficio Capital Partners LLC Acquires Shares of 1,638 S&P Global Inc. $SPGI

Proficio Capital Partners LLC acquired a new position in shares of S&P Global Inc. (NYSE:SPGI) in the second quarter, HoldingsChannel.com reports. The fund acquired 1,638 shares of the business services provider’s stock, valued at approximately $667,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Dorsey Asset Management LLC acquired a new position in S&P Global during the 1st quarter worth approximately $94,716,000. Troy Asset Management Ltd lifted its holdings in shares of S&P Global by 26.2% in the 4th quarter. Troy Asset Management Ltd now owns 41,706 shares of the business services provider’s stock valued at $21,795,000 after buying an additional 8,652 shares during the period. Capital International Inc. CA boosted its stake in shares of S&P Global by 11.6% in the fourth quarter. Capital International Inc. CA now owns 70,716 shares of the business services provider’s stock valued at $36,955,000 after buying an additional 7,343 shares in the last quarter. ABN Amro Investment Solutions grew its holdings in S&P Global by 6.3% during the fourth quarter. ABN Amro Investment Solutions now owns 151,284 shares of the business services provider’s stock worth $79,060,000 after acquiring an additional 8,997 shares during the period. Finally, Rit Capital Partners PLC acquired a new position in S&P Global during the fourth quarter worth $44,160,000. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Wall Street Analyst Weigh In

SPGI has been the topic of several research analyst reports. Bank of America decreased their target price on shares of S&P Global from $575.00 to $550.00 and set a “buy” rating on the stock in a research report on Friday, July 10th. Daiwa Securities Group cut their price target on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a report on Wednesday, May 20th. UBS Group reduced their price objective on shares of S&P Global from $550.00 to $525.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Zacks Research downgraded shares of S&P Global from a “hold” rating to a “strong sell” rating in a report on Monday, July 20th. Finally, The Goldman Sachs Group lowered 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 research report on Wednesday, July 1st. Eighteen investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $523.59.

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 platform initially supported the stock. A separation could unlock value by highlighting the financial-data business’s standalone growth and valuation, although no transaction has been confirmed. S&P Global reportedly considers multibillion-dollar spinout of Capital IQ platform
• Positive Sentiment: Data-center exposure expanded: S&P Global completed its acquisition of datacenterHawk, adding intelligence covering data centers, fiber networks and related infrastructure. The deal strengthens S&P Global Energy’s positioning in markets benefiting from artificial-intelligence-driven power and computing demand. S&P Global Completes Acquisition of datacenterHawk
• Positive Sentiment: New digital-asset index platform: S&P Dow Jones Indices and Kaiko launched the co-branded S&P Kaiko Digital Asset Indices suite, broadening S&P Global’s offerings in cryptocurrency benchmarks and market data. The financial impact is not yet quantified but could create incremental index and licensing revenue. S&P Dow Jones Indices and Kaiko Introduce S&P Kaiko Digital Asset Indices
• Neutral Sentiment: Alipay+ research partnership: A joint S&P Global report found that consumers increasingly expect seamless mobile payments and AI assistance, while payment interoperability and trust remain challenges. The report reinforces S&P Global’s research and data capabilities but has limited immediate earnings implications. Interoperability and Trust Key to AI Commerce
• Neutral Sentiment: Energy software divestiture completed: S&P Global transferred its geoscience and petroleum-engineering software portfolio to SLB. The sale simplifies the portfolio and supports strategic focus, but removes an operating business; financial terms and proceeds were not disclosed. S&P Global Completes Divestiture of Upstream Energy Software Portfolio to SLB
• Negative Sentiment: Income appeal remains limited: Commentary noted that SPGI’s dividend yield is around 1%, meaning the stock relies more on dividend growth and earnings expansion than current income to attract dividend investors. SPGI Yields Around 1%

S&P Global Trading Down 1.9%

NYSE:SPGI opened at $432.05 on Thursday. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $552.25. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.40. The stock has a fifty day simple moving average of $426.53 and a 200-day simple moving average of $424.98. The company has a market capitalization of $127.37 billion, a PE ratio of 26.38, a price-to-earnings-growth ratio of 2.12 and a beta of 1.07.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data 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. The firm had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $4.09 billion. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The firm’s revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the company earned $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, equities research analysts expect that S&P Global Inc. will post 17.75 earnings per share for the current fiscal year.

S&P Global Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be paid a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global’s dividend payout ratio (DPR) is 23.69%.

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.