Oddo BHF Asset Management Sas Grows Position in S&P Global Inc. $SPGI

Oddo BHF Asset Management Sas raised its position in S&P Global Inc. (NYSE:SPGI) by 4.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,452 shares of the business services provider’s stock after purchasing an additional 3,095 shares during the quarter. S&P Global accounts for approximately 1.4% of Oddo BHF Asset Management Sas’ portfolio, making the stock its 14th largest holding. Oddo BHF Asset Management Sas’ holdings in S&P Global were worth $36,295,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Joseph Group Capital Management purchased a new stake in shares of S&P Global during the 4th quarter valued at about $29,000. North Star Investment Management Corp. raised its holdings in shares of S&P Global by 134.6% during the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after buying an additional 35 shares during the period. Palladiem LLC purchased a new stake in shares of S&P Global during the 4th quarter valued at about $36,000. Palisade Asset Management LLC purchased a new stake in shares of S&P Global during the 3rd quarter valued at about $36,000. Finally, Swiss RE Ltd. purchased a new stake in shares of S&P Global during the 4th quarter valued at about $39,000. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at S&P Global

In other news, Director Robert Edward Jr. Moritz bought 1,152 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was bought at an average price of $434.03 per share, for a total transaction of $500,002.56. Following the transaction, the director owned 1,152 shares in the company, valued at $500,002.56. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Martina Cheung bought 2,322 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was purchased at an average price of $429.93 per share, with a total value of $998,297.46. Following the transaction, the chief executive officer owned 27,518 shares in the company, valued at approximately $11,830,813.74. This represents a 9.22% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders bought 5,974 shares of company stock worth $2,576,775. 0.03% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. BMO Capital Markets raised their target price on S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. Barclays restated an “overweight” rating and set a $565.00 price objective on shares of S&P Global in a research note on Monday, February 23rd. Wells Fargo & Company lowered their price objective on S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a research note on Monday, April 13th. Mizuho raised their price objective on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Finally, Morgan Stanley raised their price objective on S&P Global from $556.00 to $557.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Seventeen equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $546.39.

S&P Global Price Performance

Shares of SPGI opened at $424.57 on Tuesday. The firm has a market cap of $125.67 billion, a price-to-earnings ratio of 26.87, a PEG ratio of 1.79 and a beta of 1.08. The stock has a 50 day moving average of $424.69 and a 200-day moving average of $458.22. 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 52 week low of $381.61 and a 52 week high of $579.05.

S&P Global (NYSE:SPGI) last issued its earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, topping the consensus estimate of $4.82 by $0.15. The company had revenue of $4.17 billion during 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%.The business’s revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the firm earned $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, analysts forecast that S&P Global Inc. will post 19.61 EPS for the current year.

S&P Global Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th were given a $0.97 dividend. The ex-dividend date was Friday, May 29th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) 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.