Aviva PLC Raises Stock Holdings in S&P Global Inc. $SPGI

Aviva PLC boosted its holdings in S&P Global Inc. (NYSE:SPGI) by 4.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 384,707 shares of the business services provider’s stock after acquiring an additional 16,875 shares during the period. Aviva PLC’s holdings in S&P Global were worth $201,044,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of S&P Global by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 30,374,366 shares of the business services provider’s stock valued at $15,873,340,000 after purchasing an additional 117,728 shares during the period. Wellington Management Group LLP grew its stake in shares of S&P Global by 4.6% during the 3rd quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock valued at $3,033,003,000 after purchasing an additional 274,285 shares during the period. Norges Bank bought a new stake in shares of S&P Global during the 4th quarter valued at about $2,398,991,000. Capital International Investors grew its stake in shares of S&P Global by 43.6% during the 4th quarter. Capital International Investors now owns 3,037,912 shares of the business services provider’s stock valued at $1,587,910,000 after purchasing an additional 922,433 shares during the period. Finally, Legal & General Group Plc grew its stake in shares of S&P Global by 3.2% during the 3rd quarter. Legal & General Group Plc now owns 2,202,872 shares of the business services provider’s stock valued at $1,072,160,000 after purchasing an additional 67,868 shares during the period. Hedge funds and other institutional investors own 87.17% of the company’s stock.

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 that occurred on Thursday, April 30th. The stock was bought at an average cost of $434.03 per share, for a total transaction of $500,002.56. Following the purchase, the director owned 1,152 shares in the company, valued at $500,002.56. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Martina Cheung acquired 2,322 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The shares were bought at an average price of $429.93 per share, with a total value of $998,297.46. Following the completion of the purchase, the chief executive officer owned 27,518 shares in the company, valued at $11,830,813.74. This trade represents a 9.22% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 5,974 shares of company stock worth $2,576,775. 0.03% of the stock is owned by company insiders.

S&P Global Trading Down 3.0%

Shares of NYSE:SPGI opened at $413.71 on Friday. The stock has a 50 day moving average of $424.96 and a 200 day moving average of $459.21. The company has a market cap of $122.46 billion, a PE ratio of 26.18, a price-to-earnings-growth ratio of 1.82 and a beta of 1.08. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. S&P Global Inc. has a 12-month low of $381.61 and a 12-month 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. The company had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The firm’s revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the company posted $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, equities research analysts expect 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 was paid on Wednesday, June 10th. Investors of record on Friday, May 29th were paid a dividend of $0.97 per share. The ex-dividend date was 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 24.56%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. The Goldman Sachs Group restated a “buy” rating on shares of S&P Global in a research note on Tuesday, April 28th. UBS Group restated a “buy” rating on shares of S&P Global in a research note on Wednesday, May 27th. Evercore cut their price target on S&P Global from $625.00 to $560.00 and set an “outperform” rating for the company in a research note on Thursday, April 16th. Barclays restated an “overweight” rating and set a $565.00 price target on shares of S&P Global in a research note on Monday, February 23rd. Finally, Bank of America assumed coverage on S&P Global in a research note on Tuesday, February 17th. They set a “buy” rating and a $575.00 price target for the company. Seventeen analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, S&P Global currently has an average rating of “Moderate Buy” and a consensus price target of $546.39.

S&P Global Company 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.