S&P Global Inc. $SPGI Shares Bought by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG raised its holdings in S&P Global Inc. (NYSE:SPGIFree Report) by 14.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 68,089 shares of the business services provider’s stock after purchasing an additional 8,526 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in S&P Global were worth $35,583,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Brighton Jones LLC increased its position in shares of S&P Global by 4.7% during the 4th quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock worth $1,582,000 after purchasing an additional 143 shares during the last quarter. Sivia Capital Partners LLC lifted its position in S&P Global by 7.8% in the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock valued at $547,000 after buying an additional 75 shares during the last quarter. J.W. Cole Advisors Inc. lifted its position in S&P Global by 6.6% in the second quarter. J.W. Cole Advisors Inc. now owns 787 shares of the business services provider’s stock valued at $415,000 after buying an additional 49 shares during the last quarter. Neuberger Berman Group LLC boosted its stake in S&P Global by 5.5% during the second quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider’s stock worth $893,511,000 after buying an additional 88,526 shares during the period. Finally, Lido Advisors LLC boosted its stake in S&P Global by 9.7% during the second quarter. Lido Advisors LLC now owns 19,617 shares of the business services provider’s stock worth $10,344,000 after buying an additional 1,738 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Trading Up 2.8%

Shares of SPGI stock opened at $417.42 on Tuesday. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. The company has a 50 day moving average price of $447.45 and a 200 day moving average price of $483.68. The stock has a market capitalization of $124.72 billion, a P/E ratio of 28.49, a price-to-earnings-growth ratio of 1.80 and a beta of 1.23. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82.

S&P Global (NYSE:SPGIGet Free Report) last released its earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The business had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.89 billion. During the same quarter last year, the company earned $3.77 earnings per share. S&P Global’s quarterly 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. Equities research analysts predict that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley boosted their price target on shares of S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. BMO Capital Markets increased their price objective on shares of S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 17th. The Goldman Sachs Group set a $498.00 target price on shares of S&P Global in a report on Wednesday, February 11th. Royal Bank Of Canada cut their target price on S&P Global from $620.00 to $560.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 11th. Finally, Stifel Nicolaus decreased their price target on S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $563.53.

Get Our Latest Stock Report on SPGI

S&P Global Company Profile

(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.

Further Reading

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

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