Meiji Yasuda Asset Management Co Ltd. Trims Holdings in S&P Global Inc. $SPGI

Meiji Yasuda Asset Management Co Ltd. trimmed its position in S&P Global Inc. (NYSE:SPGI) by 6.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,625 shares of the business services provider’s stock after selling 1,553 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in S&P Global were worth $11,301,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPGI. Brighton Jones LLC lifted its holdings in shares of S&P Global by 4.7% during the 4th quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock worth $1,582,000 after acquiring an additional 143 shares during the period. Sivia Capital Partners LLC lifted its holdings in shares of S&P Global by 7.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock worth $547,000 after acquiring an additional 75 shares during the period. Neuberger Berman Group LLC lifted its holdings in shares of S&P Global by 5.5% during the 2nd quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider’s stock worth $893,511,000 after acquiring an additional 88,526 shares during the period. Jump Financial LLC purchased a new position in shares of S&P Global during the 2nd quarter worth about $552,000. Finally, Main Street Financial Solutions LLC lifted its holdings in shares of S&P Global by 17.2% during the 2nd quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider’s stock worth $1,694,000 after acquiring an additional 472 shares during the period. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting S&P Global

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: S&P Global announced that its board approved the separation of its Mobility division into an independent public company, Mobility Global. Investors may view the spin-off as a potential value-unlocking move that could sharpen S&P Global’s focus on its core ratings, data and analytics businesses. S&P Global Announces Approval of Separation of Mobility Global
• Positive Sentiment: The company also declared a quarterly dividend of $0.97 per share, reinforcing its shareholder-return profile and signaling continued confidence in cash generation. Dividend announcement
• Neutral Sentiment: Analyst commentary remains constructive overall: Daiwa Securities trimmed its price target slightly to $485 from $490 but kept an “outperform” rating, suggesting expectations remain favorable despite a modest valuation reset. Daiwa Securities price target update
• Neutral Sentiment: Recent coverage also highlighted a strong subscription-revenue mix, improving rebounds in RPE after the IHS Markit integration, and ongoing buybacks/dividends, but noted rising liquidity and expense pressures that could limit upside in the near term. Zacks analyst blog
• Negative Sentiment: The company is also facing rising expenses, which may be weighing on sentiment as investors assess whether acquisition-related growth can offset higher costs. S&P Global Gains From Acquisitions Amid Rising Expenses
• Negative Sentiment: S&P Global Mobility’s $2 billion private senior notes offering adds leverage-related attention around the business unit being separated, which can create uncertainty ahead of the spin-off. Mobility Global notes offering

S&P Global Trading Down 0.4%

NYSE SPGI opened at $415.32 on Friday. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05. The company’s 50 day moving average price is $425.43 and its 200 day moving average price is $467.11. 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 has a market capitalization of $122.93 billion, a price-to-earnings ratio of 26.29, a PEG ratio of 1.78 and a beta of 1.11.

S&P Global (NYSE:SPGI) last posted 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. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The firm had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same quarter last year, the firm posted $4.37 earnings per share. S&P Global’s revenue for the quarter 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, sell-side analysts predict that S&P Global Inc. will post 19.59 EPS for the current year.

S&P Global Announces Dividend

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

Insider Activity at S&P Global

In related news, Director Robert Edward Jr. Moritz acquired 1,152 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were bought at an average cost of $434.03 per share, with a total value of $500,002.56. Following the completion of the transaction, the director directly owned 1,152 shares of the company’s stock, valued at $500,002.56. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Catherine R. Clay acquired 2,500 shares of the business’s stock in a transaction on Friday, May 1st. The stock was bought at an average cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the transaction, the chief executive officer directly owned 2,500 shares of the company’s stock, valued at $1,078,475. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have acquired 5,974 shares of company stock worth $2,576,775. Company insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on SPGI shares. Rothschild & Co Redburn cut their price objective on shares of S&P Global from $585.00 to $540.00 in a report on Thursday, May 7th. Wells Fargo & Company cut their price objective on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating on the stock in a report on Monday, April 13th. Mizuho increased their target price on S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a research 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, Bank of America assumed coverage on S&P Global in a research report on Tuesday, February 17th. They issued a “buy” rating and a $575.00 target price on the stock. Seventeen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, S&P Global currently has a consensus rating of “Moderate Buy” and an average price target of $546.39.

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.