Eagle Capital Management 13F: New $580M Stake in SPGI

Eagle Capital Management has taken a new position in S&P Global Inc. (NYSE: SPGI), according to its latest Form 13F filing with the SEC. The filing, which reflects holdings as of the reporting period, shows Eagle Capital purchased 1,425,311 shares of S&P Global, valued at approximately $597.1 million.

What Changed in Eagle Capital Management's S&P Global Position

Eagle Capital Management's move marks a new investment in S&P Global, as the firm did not hold any shares previously. With the acquisition of 1,425,311 shares, this significant purchase is valued at about $597 million, based on the cost basis of $448.22 per share.

Other Institutional Activity in S&P Global

Other major funds also adjusted their positions in S&P Global. BlackRock, Inc. reduced its holdings by 1,741,439 shares, leaving it with 24,071,452 shares valued at around $10.2 billion. Vanguard Capital Management LLC added 19,383,810 shares, bringing its total to the same number, valued at approximately $8.2 billion. State Street Corp trimmed its stake by 84,156 shares, ending with 14,175,534 shares worth about $6 billion. Meanwhile, TCI Fund Management Ltd increased its holdings by 2,245,000 shares, totaling 14,035,310 shares valued at nearly $6 billion.

S&P Global Inc. Stock Down 0.3%

Shares of S&P Global Inc. were trading around $418.91 recently. The company has a market capitalization of about $124 billion and a P/E ratio of 26.53, with a forward P/E of 18.87. The stock's 52-week range has been between $381.61 and $579.05. Its 50-day moving average is $424.97, and its 200-day moving average is $472.03. S&P Global's current ratio stands at 0.677, with a quick ratio of 0.568 and a debt-to-equity ratio of 38.39.

Recent Earnings

In its most recent earnings report, S&P Global Inc. posted revenue of $15.73 billion, reflecting a growth rate of 10.4%. The company reported earnings per share of $15.79, with a net margin of 30.36% and a return on equity of 13.94%. The next earnings release is expected on April 28, 2026.

Dividend

S&P Global offers an annual dividend rate of $3.88, yielding 0.94% with a payout ratio of 24.35%. This provides a steady income stream for investors.

Insider Buying and Selling at S&P Global Inc.

There was notable insider activity at S&P Global, with several executives buying shares. On May 1, 2026, Firdaus Bhathena, EVP and CTTO, acquired 6,858 shares. Catherine Clay, CEO of S&P Dow Jones Indices, purchased 2,500 shares at $431.39 each on the same day. Other notable purchases include Robert Edward Moritz Jr. buying 1,152 shares at $434.03 on April 30, and Martina Cheung, CEO & President, acquiring 2,322 shares at $429.93 on April 29.

Analysts Set New Price Targets

Analysts have maintained positive outlooks on S&P Global. On May 5, 2026, Mizuho maintained its "buy" rating with a price target of $554. Similarly, JP Morgan, Wells Fargo, and Morgan Stanley have all maintained "buy" ratings with price targets of $550, $525, and $556, respectively. The consensus among 21 analysts is a "strong buy" with a mean target price of $533.76.

About S&P Global Inc.

S&P Global Inc., headquartered in New York, provides benchmarks, data, analytics, and workflow solutions across various sectors, including capital, energy, and automotive markets. The company operates through segments such as S&P Global Market Intelligence, Ratings, Energy, Mobility, and Dow Jones Indices. It serves a global client base with a workforce of approximately 44,500 employees.

Bottom Line

Eagle Capital Management's new stake in S&P Global Inc. is a significant move, reflecting confidence in the company's prospects. With a strong market presence and a diverse range of offerings, S&P Global remains a key player in the financial services sector. As always, note that 13F filings are backward-looking and may not represent the current position.