LPL Financial LLC Has $167.35 Million Stock Position in S&P Global Inc. $SPGI

LPL Financial LLC raised its holdings in S&P Global Inc. (NYSE:SPGI) by 1.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 320,238 shares of the business services provider’s stock after buying an additional 5,225 shares during the quarter. LPL Financial LLC’s holdings in S&P Global were worth $167,353,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Erste Asset Management GmbH grew its holdings in shares of S&P Global by 64.1% during the 4th quarter. Erste Asset Management GmbH now owns 264,741 shares of the business services provider’s stock worth $139,398,000 after purchasing an additional 103,425 shares in the last quarter. O Shaughnessy Asset Management LLC grew its holdings in shares of S&P Global by 2.4% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 73,966 shares of the business services provider’s stock worth $38,654,000 after purchasing an additional 1,748 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in shares of S&P Global during the 4th quarter worth approximately $816,000. Locust Wood Capital Advisers LLC grew its holdings in shares of S&P Global by 9.0% during the 4th quarter. Locust Wood Capital Advisers LLC now owns 311,932 shares of the business services provider’s stock worth $163,012,000 after purchasing an additional 25,699 shares in the last quarter. Finally, Palladiem LLC acquired a new stake in shares of S&P Global during the 4th quarter worth approximately $36,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on SPGI. Weiss Ratings lowered S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 11th. Daiwa Securities Group decreased their price target on 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. Evercore decreased their price target on S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a research note on Thursday, April 16th. JPMorgan Chase & Co. boosted their price target on S&P Global from $530.00 to $550.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, Rothschild & Co Redburn decreased their price target on S&P Global from $585.00 to $540.00 in a research note on Thursday, May 7th. Seventeen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $546.39.

S&P Global Trading Up 0.5%

Shares of SPGI opened at $427.06 on Thursday. The stock has a fifty day moving average price of $425.19 and a two-hundred day moving average price of $459.77. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05. The company has a market cap of $126.41 billion, a price-to-earnings ratio of 27.03, a PEG 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 (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 the consensus estimate of $4.08 billion. During the same quarter in the previous year, the company posted $4.37 EPS. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Analysts predict 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. Stockholders of record on Friday, May 29th were given a dividend of $0.97 per share. The ex-dividend date was Friday, May 29th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. S&P Global’s payout ratio is presently 24.56%.

Insider Transactions at S&P Global

In other news, CEO Catherine R. Clay bought 2,500 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was bought at an average price of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the transaction, the chief executive officer directly owned 2,500 shares in the company, valued at $1,078,475. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Robert Edward Jr. Moritz purchased 1,152 shares of the business’s stock in a transaction dated Thursday, April 30th. The stock was bought at an average cost of $434.03 per share, for a total transaction of $500,002.56. Following the purchase, the director owned 1,152 shares in the company, valued at $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 bought a total of 5,974 shares of company stock worth $2,576,775 over the last 90 days. 0.03% of the stock is owned by insiders.

S&P Global 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.