ASO GROUP Ltd Makes New Investment in S&P Global Inc. $SPGI

ASO GROUP Ltd purchased a new position in shares of S&P Global Inc. (NYSE:SPGI) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 2,299 shares of the business services provider’s stock, valued at approximately $1,201,000.

Several other hedge funds also recently modified their holdings of the company. Aviva PLC boosted its stake in shares of S&P Global by 4.6% during the 4th quarter. Aviva PLC now owns 384,707 shares of the business services provider’s stock worth $201,044,000 after purchasing an additional 16,875 shares during the last quarter. Banco BTG Pactual S.A. boosted its stake in shares of S&P Global by 36.6% during the 4th quarter. Banco BTG Pactual S.A. now owns 1,831 shares of the business services provider’s stock worth $957,000 after purchasing an additional 491 shares during the last quarter. Sepio Capital LP boosted its stake in shares of S&P Global by 3.0% during the 4th quarter. Sepio Capital LP now owns 1,805 shares of the business services provider’s stock worth $943,000 after purchasing an additional 53 shares during the last quarter. Meiji Yasuda America Inc acquired a new stake in shares of S&P Global during the 4th quarter worth about $5,153,000. Finally, First Financial Bankshares Inc boosted its stake in shares of S&P Global by 5.0% during the 4th quarter. First Financial Bankshares Inc now owns 31,771 shares of the business services provider’s stock worth $16,603,000 after purchasing an additional 1,499 shares during the last quarter. 87.17% of the stock is owned by institutional investors and hedge funds.

Insider Activity at S&P Global

In other S&P Global news, CEO Catherine R. Clay purchased 2,500 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were purchased at an average price of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the acquisition, the chief executive officer owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert Edward Jr. Moritz purchased 1,152 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was acquired at an average price of $434.03 per share, for a total transaction of $500,002.56. Following the acquisition, 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. 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.

S&P Global Trading Down 3.0%

Shares of SPGI stock opened at $413.71 on Friday. The firm has a market cap of $122.46 billion, a P/E ratio of 26.18, a PEG ratio of 1.82 and a beta of 1.08. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. The firm’s 50-day simple moving average is $424.96 and its 200-day simple moving average is $459.21.

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 for the quarter, topping the consensus estimate of $4.82 by $0.15. The business 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%. The company’s revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the firm posted $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, equities analysts forecast that S&P Global Inc. will post 19.61 EPS for the current year.

S&P Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th were issued a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Friday, May 29th. S&P Global’s dividend payout ratio is presently 24.56%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Jefferies Financial Group raised their price target on shares of S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of S&P Global in a research note on Tuesday, April 28th. Bank of America initiated coverage on shares of S&P Global in a research note on Tuesday, February 17th. They set a “buy” rating and a $575.00 price target on the stock. Barclays reiterated an “overweight” rating and set a $565.00 price objective on shares of S&P Global in a report on Monday, February 23rd. Finally, JPMorgan Chase & Co. increased their price objective on shares of S&P Global from $530.00 to $550.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Seventeen analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently 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.