OFI Invest Asset Management Has $15.49 Million Stock Holdings in S&P Global Inc. $SPGI

OFI Invest Asset Management grew its position in S&P Global Inc. (NYSE:SPGI) by 6.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 29,635 shares of the business services provider’s stock after purchasing an additional 1,817 shares during the period. OFI Invest Asset Management’s holdings in S&P Global were worth $15,487,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in SPGI. Brighton Jones LLC boosted its stake in shares of S&P Global by 4.7% in the 4th quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock valued at $1,582,000 after purchasing an additional 143 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of S&P Global by 7.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock valued at $547,000 after purchasing an additional 75 shares in the last quarter. Neuberger Berman Group LLC boosted its stake in shares of S&P Global by 5.5% in the 2nd quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider’s stock valued at $893,511,000 after purchasing an additional 88,526 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of S&P Global by 8.6% in the 2nd quarter. First Trust Advisors LP now owns 50,239 shares of the business services provider’s stock valued at $26,490,000 after purchasing an additional 3,983 shares in the last quarter. Finally, Jump Financial LLC acquired a new stake in shares of S&P Global in the 2nd quarter valued at $552,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Stock Performance

Shares of NYSE:SPGI opened at $436.87 on Thursday. The company has a market capitalization of $132.57 billion, a price-to-earnings ratio of 29.82, a P/E/G ratio of 1.91 and a beta of 1.20. The firm’s 50 day simple moving average is $433.47 and its 200 day simple moving average is $479.07. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.82. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05.

S&P Global (NYSE:SPGI) last announced its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The firm had revenue of $3.92 billion during the quarter, compared to analyst estimates of $3.89 billion. During the same quarter in the prior year, the business earned $3.77 earnings per share. The business’s revenue was up 9.0% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, sell-side analysts forecast that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on SPGI. Royal Bank Of Canada reduced their price target on shares of 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. Bank of America began coverage on shares of S&P Global in a research report on Tuesday, February 17th. They set a “buy” rating and a $575.00 price target on the stock. Morgan Stanley reduced their price target on shares of S&P Global from $580.00 to $556.00 and set an “overweight” rating on the stock in a research report on Tuesday. UBS Group reduced their price target on shares of S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Finally, BMO Capital Markets upped their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $558.80.

S&P Global 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.