S&P Global Inc. $SPGI Shares Purchased by Corient Private Wealth LLC

Corient Private Wealth LLC boosted its holdings in S&P Global Inc. (NYSE:SPGI) by 14.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 634,713 shares of the business services provider’s stock after acquiring an additional 81,994 shares during the period. Corient Private Wealth LLC’s holdings in S&P Global were worth $332,221,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in S&P Global by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 30,374,366 shares of the business services provider’s stock worth $15,873,340,000 after acquiring an additional 117,728 shares during the last quarter. State Street Corp lifted its stake in shares of S&P Global by 1.1% in the 4th quarter. State Street Corp now owns 14,259,690 shares of the business services provider’s stock valued at $7,451,971,000 after purchasing an additional 157,301 shares during the last quarter. TCI Fund Management Ltd. grew its holdings in shares of S&P Global by 5.4% during the 4th quarter. TCI Fund Management Ltd. now owns 11,790,310 shares of the business services provider’s stock worth $6,161,498,000 after purchasing an additional 600,440 shares during the period. Morgan Stanley grew its holdings in shares of S&P Global by 3.3% during the 4th quarter. Morgan Stanley now owns 8,333,099 shares of the business services provider’s stock worth $4,354,796,000 after purchasing an additional 263,051 shares during the period. Finally, Wellington Management Group LLP increased its position in shares of S&P Global by 4.6% during the 3rd quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock worth $3,033,003,000 after purchasing an additional 274,285 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SPGI has been the topic of several research analyst reports. BMO Capital Markets boosted their price objective on shares of S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. Wells Fargo & Company reduced their price target on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating on the stock in a research note on Monday, April 13th. Mizuho upped their price objective on shares of S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Weiss Ratings lowered S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, March 11th. Finally, Morgan Stanley upped their price target on S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Eighteen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $545.28.

S&P Global Price Performance

S&P Global stock opened at $411.32 on Friday. The firm has a market cap of $121.75 billion, a PE ratio of 26.03, a price-to-earnings-growth ratio of 1.75 and a beta of 1.08. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.34. The company’s 50 day moving average is $423.56 and its two-hundred day moving average is $456.29.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results 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 company had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The firm’s revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the company posted $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, research analysts expect that S&P Global Inc. will post 19.61 EPS for the current fiscal year.

S&P Global Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th were issued a dividend of $0.97 per share. The ex-dividend date was Friday, May 29th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio is 24.56%.

Insider Transactions at S&P Global

In other news, CEO Martina Cheung bought 2,322 shares of S&P Global stock in a transaction that occurred on Wednesday, April 29th. The shares were purchased at an average price of $429.93 per share, with a total value of $998,297.46. Following the completion of the acquisition, the chief executive officer directly owned 27,518 shares in the company, valued at $11,830,813.74. The trade was a 9.22% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Catherine R. Clay purchased 2,500 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average price of $431.39 per share, with a total value of $1,078,475.00. Following the purchase, the chief executive officer directly owned 2,500 shares of the company’s stock, valued at $1,078,475. The trade was a ? increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders purchased 5,974 shares of company stock valued at $2,576,775. 0.03% of the stock is currently owned by corporate insiders.

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.