S&P Global Inc. $SPGI Shares Acquired by Lombard Odier Asset Management Europe Ltd

Lombard Odier Asset Management Europe Ltd lifted its position in shares of S&P Global Inc. (NYSE:SPGI) by 4.5% during the 1st quarter, HoldingsChannel reports. The fund owned 49,578 shares of the business services provider’s stock after purchasing an additional 2,129 shares during the period. S&P Global accounts for 1.2% of Lombard Odier Asset Management Europe Ltd’s portfolio, making the stock its 19th biggest position. Lombard Odier Asset Management Europe Ltd’s holdings in S&P Global were worth $21,088,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the business. Dorsey Asset Management LLC acquired a new stake in S&P Global in the 1st quarter valued at $94,716,000. Troy Asset Management Ltd raised its position in S&P Global by 26.2% during the fourth quarter. Troy Asset Management Ltd now owns 41,706 shares of the business services provider’s stock worth $21,795,000 after acquiring an additional 8,652 shares during the period. Capital International Inc. CA lifted its holdings in S&P Global by 11.6% during the fourth quarter. Capital International Inc. CA now owns 70,716 shares of the business services provider’s stock valued at $36,955,000 after purchasing an additional 7,343 shares in the last quarter. V Square Quantitative Management LLC purchased a new position in S&P Global during the fourth quarter valued at $3,652,000. Finally, Dakota Wealth Management acquired a new stake in shares of S&P Global in the fourth quarter valued at about $1,578,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Martina Cheung purchased 2,322 shares of the stock in a transaction dated Wednesday, April 29th. The shares were 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 $11,830,813.74. The trade was a 9.22% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Catherine R. Clay acquired 2,500 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the acquisition, the chief executive officer directly owned 2,500 shares of the company’s stock, valued at $1,078,475. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased 5,974 shares of company stock valued at $2,576,775 in the last three months. 0.03% of the stock is currently owned by insiders.

S&P Global Trading Up 1.5%

Shares of S&P Global stock opened at $426.19 on Friday. The stock has a market cap of $126.15 billion, a P/E ratio of 26.97, a P/E/G ratio of 2.16 and a beta of 1.08. The stock’s 50 day simple moving average is $423.27 and its 200-day simple moving average is $442.10. 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.

S&P Global (NYSE:SPGI) last posted its quarterly 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. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The firm had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. During the same quarter last year, the firm earned $4.37 earnings per share. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Analysts predict that S&P Global Inc. will post 18.37 EPS for the current fiscal year.

S&P Global Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be paid a $0.97 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is 24.56%.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. BMO Capital Markets boosted their target price on shares of S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 7th. Stifel Nicolaus lifted their price objective on S&P Global from $489.00 to $521.00 and gave the stock a “buy” rating in a report on Friday, July 17th. JPMorgan Chase & Co. boosted their price objective on S&P Global from $535.00 to $555.00 and gave the stock an “overweight” rating in a research note on Monday, July 20th. Evercore decreased their target price on S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a research report on Thursday, April 16th. Finally, Wall Street Zen upgraded S&P Global to a “hold” rating in a research report on Saturday, July 4th. Eighteen equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, S&P Global has a consensus rating of “Moderate Buy” and a consensus price target of $533.59.

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.