1,500 Shares in S&P Global Inc. $SPGI Acquired by Mitsubishi UFJ Asset Management UK Ltd.

Mitsubishi UFJ Asset Management UK Ltd. acquired a new stake in S&P Global Inc. (NYSE:SPGI) in the third quarter, according to its most recent filing with the SEC. The fund acquired 1,500 shares of the business services provider’s stock, valued at approximately $730,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Jones Financial Companies Lllp lifted its holdings in S&P Global by 17.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 66,809 shares of the business services provider’s stock worth $32,541,000 after purchasing an additional 10,044 shares in the last quarter. Avantax Advisory Services Inc. grew its holdings in S&P Global by 4.1% during the 2nd quarter. Avantax Advisory Services Inc. now owns 21,457 shares of the business services provider’s stock valued at $11,314,000 after buying an additional 850 shares in the last quarter. Prime Capital Investment Advisors LLC increased its position in shares of 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 valued at $13,673,000 after buying an additional 21,481 shares during the period. Envestnet Asset Management Inc. increased its position in shares of 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 valued at $456,656,000 after buying an additional 30,080 shares during the period. Finally, Collier Financial purchased a new stake in shares of S&P Global in the third quarter worth about $2,865,000. Institutional investors own 87.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on SPGI shares. BMO Capital Markets reduced their price objective on shares of S&P Global from $601.00 to $482.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. The Goldman Sachs Group set a $498.00 price target on shares of S&P Global in a report on Wednesday, February 11th. Weiss Ratings restated a “buy (b-)” rating on shares of S&P Global in a research report on Monday, December 29th. JPMorgan Chase & Co. decreased their price target on shares of S&P Global from $635.00 to $615.00 and set an “overweight” rating on the stock in a report on Friday, October 31st. Finally, Robert W. Baird set a $546.00 price objective on S&P Global in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating and seventeen have issued a Buy rating to the company. According to MarketBeat, S&P Global presently has an average rating of “Buy” and a consensus target price of $566.33.

S&P Global Price Performance

SPGI stock opened at $417.28 on Friday. The firm has a 50 day simple moving average of $499.41 and a two-hundred day simple moving average of $506.92. The stock has a market cap of $124.68 billion, a PE ratio of 28.48, a P/E/G ratio of 1.85 and a beta of 1.20. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.82.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing the consensus estimate of $4.32 by ($0.02). S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The company had revenue of $3.92 billion for the quarter, compared to analysts’ expectations of $3.89 billion. During the same quarter last year, the business posted $3.77 EPS. The business’s quarterly revenue was up 9.0% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, analysts predict that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be given a dividend of $0.97 per share. This is a boost from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date is Wednesday, February 25th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s dividend payout ratio is currently 26.48%.

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.