Stonehage Fleming Financial Services Holdings Ltd Has $223.34 Million Stake in S&P Global Inc. $SPGI

Stonehage Fleming Financial Services Holdings Ltd grew its position in S&P Global Inc. (NYSE:SPGIFree Report) by 32.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 427,372 shares of the business services provider’s stock after purchasing an additional 105,504 shares during the period. S&P Global comprises about 6.9% of Stonehage Fleming Financial Services Holdings Ltd’s portfolio, making the stock its 4th largest position. Stonehage Fleming Financial Services Holdings Ltd’s holdings in S&P Global were worth $223,340,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPGI. J.Safra Asset Management Corp acquired a new stake in S&P Global during the 3rd quarter worth $29,000. Howard Hughes Medical Institute bought a new position in S&P Global during the second quarter worth about $36,000. First Pacific Financial grew its stake in S&P Global by 51.0% in the third quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 25 shares during the period. Palisade Asset Management LLC acquired a new position in S&P Global in the third quarter valued at about $36,000. Finally, Ameriflex Group Inc. increased its holdings in shares of S&P Global by 171.4% in 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 in the last quarter. 87.17% of the stock is owned by institutional investors.

S&P Global Stock Performance

SPGI opened at $411.83 on Friday. The company has a market capitalization of $123.05 billion, a price-to-earnings ratio of 28.11, a P/E/G ratio of 1.81 and a beta of 1.23. The business’s 50-day moving average price is $452.82 and its two-hundred day moving average price is $486.41. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. 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 (NYSE:SPGIGet Free Report) last posted 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). The firm had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.89 billion. S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The firm’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the company earned $3.77 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities analysts expect that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th were given a dividend of $0.97 per share. This is an increase from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. S&P Global’s payout ratio is currently 26.48%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on SPGI shares. UBS Group dropped their price target on S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Wells Fargo & Company lowered their target price on S&P Global from $675.00 to $530.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Barclays restated an “overweight” rating and set a $565.00 target price on shares of S&P Global in a report on Monday, February 23rd. Mizuho cut their price target on shares of S&P Global from $657.00 to $551.00 and set an “outperform” rating on the stock in a research note on Thursday, February 12th. Finally, Weiss Ratings cut shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $563.53.

Read Our Latest Research Report on SPGI

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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Institutional Ownership by Quarter for S&P Global (NYSE:SPGI)

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