Lombard Odier Asset Management Switzerland SA Acquires 1,602 Shares of S&P Global Inc. $SPGI

Lombard Odier Asset Management Switzerland SA lifted its stake in shares of S&P Global Inc. (NYSE:SPGI) by 12.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,986 shares of the business services provider’s stock after purchasing an additional 1,602 shares during the quarter. Lombard Odier Asset Management Switzerland SA’s holdings in S&P Global were worth $7,309,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Troy Asset Management Ltd lifted its holdings in shares of S&P Global by 26.2% in the 4th quarter. Troy Asset Management Ltd now owns 41,706 shares of the business services provider’s stock worth $21,795,000 after purchasing an additional 8,652 shares in the last quarter. Cardano Risk Management B.V. bought a new position in shares of S&P Global in the 3rd quarter worth $89,401,000. First Merchants Corp lifted its holdings in shares of S&P Global by 19.7% in the 4th quarter. First Merchants Corp now owns 16,614 shares of the business services provider’s stock worth $8,682,000 after purchasing an additional 2,733 shares in the last quarter. Vinva Investment Management Ltd lifted its holdings in shares of S&P Global by 21.4% in the 3rd quarter. Vinva Investment Management Ltd now owns 26,382 shares of the business services provider’s stock worth $12,963,000 after purchasing an additional 4,659 shares in the last quarter. Finally, V Square Quantitative Management LLC bought a new position in shares of S&P Global in the 4th quarter worth $3,652,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Price Performance

Shares of NYSE:SPGI opened at $433.68 on Wednesday. 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’s fifty day simple moving average is $424.75 and its two-hundred day simple moving average is $457.78. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05. The stock has a market cap of $128.37 billion, a PE ratio of 27.45, a price-to-earnings-growth ratio of 1.81 and a beta of 1.08.

S&P Global (NYSE:SPGI) last issued 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 analysts’ expectations of $4.08 billion. During the same period last year, the business earned $4.37 EPS. The business’s revenue 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. As a group, analysts forecast that S&P Global Inc. will post 19.61 EPS for the current fiscal year.

S&P Global Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th were given a dividend of $0.97 per share. The ex-dividend date of this dividend 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 currently 24.56%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on SPGI shares. Rothschild & Co Redburn cut their target price on S&P Global from $585.00 to $540.00 in a report on Thursday, May 7th. Mizuho raised their price target on shares of S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of S&P Global in a research report on Tuesday, April 28th. Wells Fargo & Company dropped their price target on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating on the stock in a research report on Monday, April 13th. Finally, Barclays reaffirmed an “overweight” rating and issued a $565.00 price target on shares of S&P Global in a research report on Monday, February 23rd. Seventeen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $546.39.

Insiders Place Their Bets

In other news, CEO Catherine R. Clay bought 2,500 shares of the company’s stock in a transaction on Friday, May 1st. The shares were purchased at an average price of $431.39 per share, with a total value of $1,078,475.00. Following the transaction, the chief executive officer directly owned 2,500 shares in the company, valued at $1,078,475. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of the stock in a transaction dated Thursday, April 30th. The shares were acquired at an average price of $434.03 per share, for a total transaction of $500,002.56. Following the completion of the purchase, the director directly owned 1,152 shares in the company, valued at approximately $500,002.56. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 5,974 shares of company stock valued at $2,576,775 in the last 90 days. 0.03% of the stock is currently owned by corporate insiders.

About S&P Global

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.