S&P Global Inc. $SPGI Shares Acquired by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. boosted its position in shares of S&P Global Inc. (NYSE:SPGI) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 56,055 shares of the business services provider’s stock after buying an additional 3,573 shares during the quarter. Daiwa Securities Group Inc.’s holdings in S&P Global were worth $29,294,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sivia Capital Partners LLC grew its position in S&P Global by 3.0% during the fourth quarter. Sivia Capital Partners LLC now owns 1,144 shares of the business services provider’s stock valued at $598,000 after buying an additional 33 shares during the period. Greenspring Advisors LLC grew its position in S&P Global by 24.4% during the fourth quarter. Greenspring Advisors LLC now owns 535 shares of the business services provider’s stock valued at $280,000 after buying an additional 105 shares during the period. Transatlantique Private Wealth LLC grew its position in S&P Global by 3.4% during the fourth quarter. Transatlantique Private Wealth LLC now owns 3,111 shares of the business services provider’s stock valued at $1,626,000 after buying an additional 102 shares during the period. Jackson Hill Advisors LLC grew its position in S&P Global by 19.1% during the fourth quarter. Jackson Hill Advisors LLC now owns 39,000 shares of the business services provider’s stock valued at $20,381,000 after buying an additional 6,250 shares during the period. Finally, Phillips Wealth Planners LLC grew its position in S&P Global by 4.0% during the fourth quarter. Phillips Wealth Planners LLC now owns 735 shares of the business services provider’s stock valued at $390,000 after buying an additional 28 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Weiss Ratings lowered shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, March 11th. Mizuho raised their price target on shares of S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Morgan Stanley raised their price target on shares of S&P Global from $556.00 to $557.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Barclays restated an “overweight” rating and set a $565.00 price target on shares of S&P Global in a research report on Monday, February 23rd. Finally, Wells Fargo & Company dropped 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 report on Monday, April 13th. Seventeen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $546.39.

Insider Buying and Selling

In other S&P Global news, Director Robert Edward Jr. Moritz purchased 1,152 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were purchased at an average cost of $434.03 per share, for a total transaction of $500,002.56. Following the completion of the transaction, the director owned 1,152 shares of the company’s stock, valued at $500,002.56. The trade was a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Catherine R. Clay purchased 2,500 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were acquired at an average price 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. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have acquired 5,974 shares of company stock worth $2,576,775. 0.03% of the stock is owned by insiders.

S&P Global Stock Up 1.2%

Shares of NYSE SPGI opened at $425.16 on Friday. The company’s 50-day simple moving average is $424.53 and its 200-day simple moving average is $461.38. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05. The firm has a market cap of $125.85 billion, a price-to-earnings ratio of 26.91, a price-to-earnings-growth ratio of 1.79 and a beta of 1.08. 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 posted its quarterly 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. The firm had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. S&P Global’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the business posted $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities analysts predict that S&P Global Inc. will post 19.61 EPS for the current fiscal 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 given a dividend of $0.97 per share. The ex-dividend date is Friday, May 29th. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. S&P Global’s payout ratio is presently 24.56%.

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.