C Partners Holding GmbH grew its position in shares of S&P Global Inc. (NYSE:SPGI – Free Report) by 82.7% during the fourth quarter, Holdings Channel reports. The firm owned 115,472 shares of the business services provider’s stock after acquiring an additional 52,286 shares during the quarter. S&P Global makes up approximately 16.2% of C Partners Holding GmbH’s portfolio, making the stock its 2nd biggest holding. C Partners Holding GmbH’s holdings in S&P Global were worth $60,345,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in SPGI. Norges Bank acquired a new position in S&P Global during the fourth quarter worth $2,398,991,000. Cardano Risk Management B.V. increased its position in shares of S&P Global by 858.3% during the fourth quarter. Cardano Risk Management B.V. now owns 1,760,230 shares of the business services provider’s stock worth $919,879,000 after acquiring an additional 1,576,544 shares during the period. Capital International Investors increased its position in shares of S&P Global by 43.6% during the fourth quarter. Capital International Investors now owns 3,037,912 shares of the business services provider’s stock worth $1,587,910,000 after acquiring an additional 922,433 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of S&P Global by 353.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 488,185 shares of the business services provider’s stock worth $255,121,000 after acquiring an additional 380,603 shares during the period. Finally, Credit Agricole S A purchased a new stake in shares of S&P Global during the third quarter worth $180,503,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on SPGI. Barclays reaffirmed an “overweight” rating and set a $565.00 price objective on shares of S&P Global in a research report on Monday, February 23rd. Rothschild & Co Redburn cut their price objective on S&P Global from $585.00 to $540.00 in a research report on Thursday, May 7th. Jefferies Financial Group upped their price objective on S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. JPMorgan Chase & Co. upped their price objective on S&P Global from $530.00 to $550.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Finally, UBS Group reaffirmed a “buy” rating on shares of S&P Global in a research report on Wednesday, May 27th. Seventeen analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $546.39.
S&P Global Stock Performance
NYSE:SPGI opened at $433.68 on Wednesday. The firm has a market capitalization of $128.37 billion, a PE ratio of 27.45, a price-to-earnings-growth ratio of 1.81 and a beta of 1.08. The business’s fifty day moving average price is $424.75 and its 200 day moving average price is $457.78. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. 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 – Get Free Report) last posted its 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. The firm had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.S&P Global’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, sell-side analysts anticipate that S&P Global Inc. will post 19.61 earnings per share for the current fiscal year.
S&P Global Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 29th were issued a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Friday, May 29th. S&P Global’s dividend payout ratio is 24.56%.
Insider Activity at S&P Global
In other S&P Global news, Director Robert Edward Jr. Moritz bought 1,152 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were purchased at an average price of $434.03 per share, with a total value of $500,002.56. Following the completion of the acquisition, the director directly owned 1,152 shares of the company’s stock, valued at $500,002.56. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Martina Cheung bought 2,322 shares of the company’s stock in a transaction that occurred on Wednesday, April 29th. The stock was acquired at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the acquisition, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at $11,830,813.74. The trade was a 9.22% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 5,974 shares of company stock valued at $2,576,775 over the last quarter. 0.03% of the stock is owned by insiders.
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.
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