Rathbones Group PLC Buys 13,311 Shares of S&P Global Inc. $SPGI

Rathbones Group PLC lifted its stake in shares of S&P Global Inc. (NYSE:SPGI) by 2.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 638,030 shares of the business services provider’s stock after purchasing an additional 13,311 shares during the quarter. S&P Global comprises 1.3% of Rathbones Group PLC’s investment portfolio, making the stock its 19th biggest holding. Rathbones Group PLC’s holdings in S&P Global were worth $333,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. 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. 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. Finally, Ares Financial Consulting LLC bought a new position in S&P Global in the 4th quarter valued at about $40,000. Institutional investors own 87.17% of the company’s stock.

S&P Global Price Performance

Shares of NYSE SPGI opened at $416.72 on Thursday. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $579.05. The stock’s 50 day moving average price is $425.83 and its 200-day moving average price is $467.62. The company has a market capitalization of $123.35 billion, a PE ratio of 26.37, a PEG ratio of 1.75 and a beta of 1.11. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.34.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, topping analysts’ consensus estimates of $4.82 by $0.15. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The firm had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter in the previous year, the business earned $4.37 EPS. The company’s revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, equities analysts anticipate that S&P Global Inc. will post 19.59 EPS for the current year.

S&P Global Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th will be paid a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, May 29th. S&P Global’s payout ratio is presently 24.56%.

Insider Transactions at S&P Global

In related news, CEO Catherine R. Clay bought 2,500 shares of the company’s stock in a transaction on Friday, May 1st. The shares were purchased at an average cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the purchase, the chief executive officer directly owned 2,500 shares in the company, valued at $1,078,475. The trade was a ? increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was bought at an average price of $434.03 per share, for a total transaction of $500,002.56. Following the completion of the purchase, the director owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. The trade was a ? increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 5,974 shares of company stock worth $2,576,775 in the last 90 days. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on SPGI shares. Robert W. Baird set a $546.00 price target on S&P Global in a research note on Wednesday, February 11th. Daiwa Securities Group cut their price target on S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a research note on Wednesday. Mizuho lifted their price target on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Stifel Nicolaus cut their price target on S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Finally, UBS Group cut their price target on S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Seventeen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $546.39.

About S&P Global

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.