S&P Global Inc. $SPGI Shares Bought by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC grew its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 2.4% during the 4th quarter, HoldingsChannel reports. The firm owned 73,966 shares of the business services provider’s stock after buying an additional 1,748 shares during the period. O Shaughnessy Asset Management LLC’s holdings in S&P Global were worth $38,654,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Troy Asset Management Ltd increased its position in shares of S&P Global by 26.2% during the 4th quarter. Troy Asset Management Ltd now owns 41,706 shares of the business services provider’s stock worth $21,795,000 after purchasing an additional 8,652 shares during the last quarter. Collier Financial acquired a new stake in shares of S&P Global during the 3rd quarter worth about $2,865,000. Candriam S.C.A. increased its position in shares of S&P Global by 13.4% during the 3rd quarter. Candriam S.C.A. now owns 124,659 shares of the business services provider’s stock worth $60,673,000 after purchasing an additional 14,700 shares during the last quarter. Cardano Risk Management B.V. acquired a new stake in shares of S&P Global during the 3rd quarter worth about $89,401,000. Finally, First Merchants Corp increased its position in shares of S&P Global by 19.7% during the 4th quarter. First Merchants Corp now owns 16,614 shares of the business services provider’s stock worth $8,682,000 after purchasing an additional 2,733 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

Insider Activity

In other news, CEO Catherine R. Clay acquired 2,500 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was acquired at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the transaction, the chief executive officer owned 2,500 shares in the company, valued at approximately $1,078,475. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Martina Cheung acquired 2,322 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The shares were purchased at an average cost of $429.93 per share, with a total value of $998,297.46. Following the completion of the transaction, the chief executive officer owned 27,518 shares in the company, valued at approximately $11,830,813.74. The trade was a 9.22% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have bought 5,974 shares of company stock worth $2,576,775. 0.03% of the stock is currently owned by corporate insiders.

S&P Global Stock Performance

NYSE SPGI opened at $425.16 on Monday. The company has a market cap of $125.85 billion, a P/E ratio of 26.91, a P/E/G ratio of 1.81 and a beta of 1.08. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. The stock has a 50-day moving average of $424.53 and a two-hundred day moving average of $461.19. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 EPS 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 business had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.08 billion. During the same period in the previous year, the company posted $4.37 earnings per share. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, analysts anticipate that S&P Global Inc. will post 19.61 EPS for the current year.

S&P Global Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages recently issued reports on SPGI. Robert W. Baird set a $546.00 price objective on S&P Global in a research report on Wednesday, February 11th. Barclays reaffirmed an “overweight” rating and issued a $565.00 target price on shares of S&P Global in a research report on Monday, February 23rd. Wells Fargo & Company dropped their target price on S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a research report on Monday, April 13th. Rothschild & Co Redburn dropped their target price on S&P Global from $585.00 to $540.00 in a research report on Thursday, May 7th. Finally, BMO Capital Markets lifted their target price on S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, March 17th. Seventeen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus 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.