Stonehage Fleming Financial Services Holdings Ltd Invests $164.70 Million in S&P Global Inc. $SPGI

Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in shares of S&P Global Inc. (NYSE:SPGI) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 404,410 shares of the business services provider’s stock, valued at approximately $164,700,000. S&P Global accounts for approximately 5.6% of Stonehage Fleming Financial Services Holdings Ltd’s holdings, making the stock its 4th biggest holding.

A number of other large investors have also recently added to or reduced their stakes in the business. Proficio Capital Partners LLC purchased a new position in S&P Global in the second quarter worth approximately $667,000. Pure Financial Advisors LLC acquired a new stake in S&P Global during the second quarter worth $341,000. Transamerica Financial Advisors LLC purchased a new stake in S&P Global in the second quarter valued at $51,000. Corient Private Wealth LP purchased a new stake in S&P Global in the second quarter valued at $138,548,000. Finally, Permanens Capital L.P. acquired a new position in shares of S&P Global in the 2nd quarter valued at $1,706,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

SPGI has been the subject of a number of research analyst reports. Wall Street Zen upgraded S&P Global to a “hold” rating in a report on Saturday, July 4th. Morgan Stanley reduced their price objective on shares of S&P Global from $557.00 to $525.00 and set an “overweight” rating on the stock in a report on Tuesday, July 7th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $510.00 target price on shares of S&P Global in a research note on Wednesday. Barclays dropped their price target on shares of S&P Global from $555.00 to $553.00 and set an “overweight” rating for the company in a research report on Wednesday, July 29th. Finally, Daiwa Securities Group reduced their price target on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. Eighteen research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $523.59.

S&P Global Price Performance

SPGI opened at $435.73 on Friday. The stock’s 50-day moving average price is $423.94 and its 200 day moving average price is $424.16. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $552.25. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.40. The firm has a market cap of $128.45 billion, a price-to-earnings ratio of 26.60, a PEG ratio of 1.96 and a beta of 1.07.

S&P Global (NYSE:SPGI) last released its earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, beating the consensus estimate of $4.81 by $0.02. The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.09 billion. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.S&P Global’s revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the company posted $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. As a group, sell-side analysts expect that S&P Global Inc. will post 17.75 earnings per share for the current year.

S&P Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders 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 annualized dividend and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is presently 23.69%.

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.