DNB Asset Management AS Buys 62,868 Shares of S&P Global Inc. $SPGI

DNB Asset Management AS lifted its stake in shares of S&P Global Inc. (NYSE:SPGI) by 25.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 313,444 shares of the business services provider’s stock after acquiring an additional 62,868 shares during the period. S&P Global accounts for about 0.6% of DNB Asset Management AS’s portfolio, making the stock its 29th biggest position. DNB Asset Management AS’s holdings in S&P Global were worth $163,803,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. J.Safra Asset Management Corp bought a new position in shares of S&P Global during the 3rd quarter worth about $29,000. Joseph Group Capital Management bought a new position in shares of S&P Global during the 4th quarter worth about $29,000. North Star Investment Management Corp. boosted its position in shares of S&P Global by 134.6% during the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after purchasing an additional 35 shares in the last quarter. Palisade Asset Management LLC bought a new position in shares of S&P Global during the 3rd quarter worth about $36,000. Finally, Ameriflex Group Inc. boosted its position in shares of S&P Global by 171.4% during the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after purchasing an additional 48 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Price Performance

Shares of NYSE SPGI opened at $402.90 on Friday. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. The stock has a market cap of $119.26 billion, a price-to-earnings ratio of 25.50, a PEG ratio of 1.73 and a beta of 1.11. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. The firm’s 50-day simple moving average is $427.94 and its 200 day simple moving average is $469.31.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, beating the consensus estimate of $4.82 by $0.15. The firm had revenue of $4.17 billion during the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last year, the business posted $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, research analysts anticipate that S&P Global Inc. will post 19.59 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on SPGI shares. The Goldman Sachs Group reissued a “buy” rating on shares of S&P Global in a research report on Tuesday, April 28th. Mizuho raised their price target on shares of S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Evercore dropped their price target on shares of S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a research report on Thursday, April 16th. BMO Capital Markets raised their price target on shares of S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, March 17th. Finally, Barclays reaffirmed an “overweight” rating and issued a $565.00 price target on shares of S&P Global in a research report on Monday, February 23rd. Sixteen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, S&P Global currently has a consensus rating of “Moderate Buy” and a consensus price target of $550.00.

Insider Buying and Selling at S&P Global

In other news, CEO Catherine R. Clay acquired 2,500 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was purchased at an average price of $431.39 per share, for a total transaction of $1,078,475.00. Following the purchase, the chief executive officer owned 2,500 shares in the company, valued at approximately $1,078,475. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert Edward Jr. Moritz acquired 1,152 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was purchased at an average price of $434.03 per share, with a total value of $500,002.56. Following the purchase, the director owned 1,152 shares in the company, valued at approximately $500,002.56. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders bought 5,974 shares of company stock worth $2,576,775. Insiders own 0.03% of the company’s stock.

S&P Global Company Profile

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.