Fisher Asset Management LLC Has $4.20 Million Stock Holdings in S&P Global Inc. $SPGI

Fisher Asset Management LLC boosted its stake in shares of S&P Global Inc. (NYSE:SPGI) by 45.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,619 shares of the business services provider’s stock after purchasing an additional 2,713 shares during the quarter. Fisher Asset Management LLC’s holdings in S&P Global were worth $4,195,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Summitry LLC grew its stake in S&P Global by 2.1% in the 2nd quarter. Summitry LLC now owns 883 shares of the business services provider’s stock valued at $466,000 after buying an additional 18 shares during the last quarter. Hamilton Capital LLC boosted its holdings in shares of S&P Global by 4.5% during the second quarter. Hamilton Capital LLC now owns 418 shares of the business services provider’s stock worth $220,000 after acquiring an additional 18 shares during the period. Sand Hill Global Advisors LLC grew its position in shares of S&P Global by 3.1% in the second quarter. Sand Hill Global Advisors LLC now owns 632 shares of the business services provider’s stock valued at $333,000 after purchasing an additional 19 shares during the last quarter. Chemistry Wealth Management LLC increased its stake in shares of S&P Global by 0.4% during the third quarter. Chemistry Wealth Management LLC now owns 4,895 shares of the business services provider’s stock worth $2,382,000 after purchasing an additional 21 shares during the period. Finally, Forbes J M & Co. LLP increased its stake in shares of S&P Global by 3.5% during the third quarter. Forbes J M & Co. LLP now owns 627 shares of the business services provider’s stock worth $305,000 after purchasing an additional 21 shares during the period. 87.17% of the stock is owned by institutional investors.

S&P Global Stock Up 1.2%

SPGI stock opened at $450.68 on Friday. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05. The business has a 50-day simple moving average of $485.11 and a 200 day simple moving average of $499.08. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The company has a market cap of $134.66 billion, a PE ratio of 30.76, a price-to-earnings-growth ratio of 1.97 and a beta of 1.23.

S&P Global (NYSE:SPGI) last released its earnings results on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing the consensus estimate of $4.32 by ($0.02). The firm had revenue of $3.92 billion during the quarter, compared to the consensus estimate of $3.89 billion. S&P Global had a net margin of 29.16% and a return on equity of 16.56%. S&P Global’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the business earned $3.77 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Sell-side analysts anticipate 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. Shareholders of record on Wednesday, February 25th will be given a dividend of $0.97 per share. This is an increase from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, February 25th. S&P Global’s dividend payout ratio (DPR) is presently 26.48%.

Wall Street Analysts Forecast Growth

SPGI has been the subject of several recent research reports. Royal Bank Of Canada reduced their price target on 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. Evercore set a $625.00 target price on shares of S&P Global and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Morgan Stanley raised their price target on shares of S&P Global from $620.00 to $627.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. Mizuho cut their price objective on shares of S&P Global from $657.00 to $551.00 and set an “outperform” rating for the company in a report on Thursday, February 12th. Finally, Wells Fargo & Company decreased their target price on shares of S&P Global from $675.00 to $530.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating and seventeen have assigned a Buy rating to the company. Based on data from MarketBeat.com, S&P Global has a consensus rating of “Buy” and a consensus price target of $562.67.

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.