Mirabaud Asset Management Ltd Sells 1,955 Shares of S&P Global Inc. $SPGI

Mirabaud Asset Management Ltd lowered its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 13.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 12,809 shares of the business services provider’s stock after selling 1,955 shares during the period. S&P Global comprises 3.2% of Mirabaud Asset Management Ltd’s holdings, making the stock its 12th largest holding. Mirabaud Asset Management Ltd’s holdings in S&P Global were worth $6,923,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of SPGI. Jones Financial Companies Lllp raised its stake in S&P Global by 17.7% during the third quarter. Jones Financial Companies Lllp now owns 66,809 shares of the business services provider’s stock worth $32,541,000 after buying an additional 10,044 shares during the last quarter. Prime Capital Investment Advisors LLC raised its stake in S&P Global by 324.8% during the third quarter. Prime Capital Investment Advisors LLC now owns 28,094 shares of the business services provider’s stock worth $13,673,000 after buying an additional 21,481 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in S&P Global by 3.3% during the third quarter. Envestnet Asset Management Inc. now owns 938,251 shares of the business services provider’s stock worth $456,656,000 after buying an additional 30,080 shares during the last quarter. Collier Financial bought a new position in S&P Global during the third quarter worth $2,865,000. Finally, Mawer Investment Management Ltd. raised its stake in S&P Global by 27.3% during the third quarter. Mawer Investment Management Ltd. now owns 168,229 shares of the business services provider’s stock worth $81,879,000 after buying an additional 36,078 shares during the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Trading Down 0.1%

NYSE:SPGI opened at $419.85 on Monday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $124.27 billion, a price-to-earnings ratio of 26.57, a PEG ratio of 1.80 and a beta of 1.11. The firm has a fifty day simple moving average of $431.09 and a two-hundred day simple moving average of $472.16. 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 posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, topping analysts’ consensus estimates of $4.82 by $0.15. The business had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The business’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period last year, the company posted $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Analysts expect that S&P Global Inc. will post 19.59 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on SPGI shares. Morgan Stanley lifted their target price on shares of S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Robert W. Baird set a $546.00 target price on shares of S&P Global in a research note on Wednesday, February 11th. Mizuho lifted their target price on shares of S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. BMO Capital Markets lifted their target price on shares of S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 17th. Finally, Royal Bank Of Canada lowered their target price on shares of S&P Global from $620.00 to $560.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $550.00.

Insiders Place Their Bets

In related news, Director Robert Edward Jr. Moritz purchased 1,152 shares of S&P Global stock in a transaction on Thursday, April 30th. The stock was acquired at an average cost of $434.03 per share, for a total transaction of $500,002.56. Following the completion of the acquisition, the director owned 1,152 shares of the company’s stock, valued at $500,002.56. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Martina Cheung purchased 2,322 shares of S&P Global stock in a transaction on Wednesday, April 29th. The stock was bought at an average price of $429.93 per share, with a total value of $998,297.46. Following the completion of the acquisition, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at approximately $11,830,813.74. This trade represents a 9.22% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders purchased 5,974 shares of company stock worth $2,576,775. 0.03% of the stock is currently owned by company insiders.

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.