S&P Global Inc. $SPGI Shares Bought by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB grew its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 27.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,776 shares of the business services provider’s stock after purchasing an additional 3,000 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in S&P Global were worth $5,859,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Diversified Trust Co grew its holdings in S&P Global by 231.0% in the 1st quarter. Diversified Trust Co now owns 3,095 shares of the business services provider’s stock valued at $1,316,000 after buying an additional 2,160 shares during the period. J. Derek Lewis & Associates Inc. acquired a new position in shares of S&P Global during the 4th quarter valued at about $214,000. Purpose Unlimited Inc. purchased a new position in shares of S&P Global during the 4th quarter worth about $299,000. Stance Capital LLC lifted its holdings in shares of S&P Global by 13.6% during the 4th quarter. Stance Capital LLC now owns 2,804 shares of the business services provider’s stock worth $1,465,000 after acquiring an additional 335 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of S&P Global by 27.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 81,206 shares of the business services provider’s stock worth $42,438,000 after acquiring an additional 17,278 shares during the period. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Insider Buying and Selling at S&P Global

In other S&P Global news, CEO Catherine R. Clay acquired 2,500 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was bought at an average price of $431.39 per share, with a total value 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 approximately $1,078,475. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Martina Cheung bought 2,322 shares of the business’s stock in a transaction dated 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 purchase, the chief executive officer owned 27,518 shares in the company, valued at approximately $11,830,813.74. This trade represents a 9.22% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 5,974 shares of company stock valued at $2,576,775 over the last ninety days. Corporate insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

SPGI has been the subject of a number of recent analyst reports. Weiss Ratings downgraded shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, March 11th. JPMorgan Chase & Co. increased their price target on shares of S&P Global from $530.00 to $550.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Barclays reaffirmed an “overweight” rating and set a $565.00 price target on shares of S&P Global in a research note on Monday, February 23rd. UBS Group reissued a “buy” rating on shares of S&P Global in a research note on Wednesday, May 27th. Finally, BMO Capital Markets boosted their price objective on shares of S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research note on Tuesday, March 17th. Eighteen analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $545.28.

S&P Global Stock Performance

S&P Global stock opened at $411.32 on Friday. The stock’s 50-day moving average is $423.56 and its 200-day moving average is $456.29. The company has a market cap of $121.75 billion, a price-to-earnings ratio of 26.03, a price-to-earnings-growth ratio of 1.75 and a beta of 1.08. 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) last released its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, beating the consensus estimate of $4.82 by $0.15. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The business had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same period in the previous year, the company posted $4.37 EPS. The company’s revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities analysts anticipate that S&P Global Inc. will post 19.61 earnings per share for the current year.

S&P Global Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 29th were issued a $0.97 dividend. The ex-dividend date was Friday, May 29th. This represents a $3.88 annualized dividend and a 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.