S&P Global Inc. $SPGI Stock Position Decreased by Munich Reinsurance Co Stock Corp in Munich

Munich Reinsurance Co Stock Corp in Munich decreased its stake in shares of S&P Global Inc. (NYSE:SPGI – Free Report) by 91.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 446 shares of the business services provider’s stock after selling 4,913 shares during the period. Munich Reinsurance Co Stock Corp in Munich’s holdings in S&P Global were worth $235,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in SPGI. J.Safra Asset Management Corp acquired a new stake in shares of S&P Global during the 3rd quarter worth approximately $29,000. First Pacific Financial raised its position in S&P Global by 51.0% in the 3rd quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 25 shares during the last quarter. Palisade Asset Management LLC bought a new position in S&P Global in the 3rd quarter valued at $36,000. Ameriflex Group Inc. raised its position in shares of S&P Global by 171.4% during the third quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after acquiring an additional 48 shares during the last quarter. Finally, TruNorth Capital Management LLC raised its position in shares of S&P Global by 937.5% during the third quarter. TruNorth Capital Management LLC now owns 83 shares of the business services provider’s stock worth $40,000 after acquiring an additional 75 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on SPGI. UBS Group dropped their price objective on S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a report on Tuesday, February 17th. Weiss Ratings lowered S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, March 11th. Barclays reaffirmed an “overweight” rating and set a $565.00 price target on shares of S&P Global in a research report on Monday, February 23rd. Robert W. Baird set a $546.00 price objective on S&P Global in a research note on Wednesday, February 11th. Finally, The Goldman Sachs Group set a $498.00 target price on S&P Global in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $558.47.

Check Out Our Latest Stock Report on S&P Global

S&P Global Price Performance

SPGI stock opened at $436.62 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.82. 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 cap of $132.50 billion, a price-to-earnings ratio of 29.80, a P/E/G ratio of 1.97 and a beta of 1.20. The company has a 50 day simple moving average of $428.78 and a 200 day simple moving average of $474.72.

S&P Global (NYSE:SPGI – Get Free Report) last released its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing the consensus estimate of $4.32 by ($0.02). S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The firm had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.89 billion. During the same period last year, the business earned $3.77 EPS. The company’s revenue was up 9.0% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Research analysts anticipate that S&P Global Inc. will post 19.51 EPS for the current fiscal year.

About S&P Global

(Free Report)

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.

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