AIA Group Ltd Has $6.55 Million Stock Holdings in S&P Global Inc. $SPGI

AIA Group Ltd increased its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 33.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,455 shares of the business services provider’s stock after buying an additional 3,403 shares during the quarter. AIA Group Ltd’s holdings in S&P Global were worth $6,549,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Brighton Jones LLC grew its stake in S&P Global by 4.7% during the 4th quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock valued at $1,582,000 after acquiring an additional 143 shares in the last quarter. Sivia Capital Partners LLC increased its stake in S&P Global by 7.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock valued at $547,000 after buying an additional 75 shares during the period. SG Americas Securities LLC increased its stake in S&P Global by 110.1% in the 2nd quarter. SG Americas Securities LLC now owns 4,887 shares of the business services provider’s stock valued at $2,577,000 after buying an additional 53,479 shares during the period. Empowered Funds LLC lifted its position in S&P Global by 68.3% in the 2nd quarter. Empowered Funds LLC now owns 19,899 shares of the business services provider’s stock worth $10,493,000 after buying an additional 8,075 shares in the last quarter. Finally, Portside Wealth Group LLC lifted its position in S&P Global by 14.3% in the 2nd quarter. Portside Wealth Group LLC now owns 1,064 shares of the business services provider’s stock worth $561,000 after buying an additional 133 shares in the last quarter. 87.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on SPGI shares. Weiss Ratings cut shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, March 11th. Robert W. Baird set a $546.00 price objective on S&P Global in a report on Wednesday, February 11th. Barclays reissued an “overweight” rating and set a $565.00 price objective on shares of S&P Global in a research report on Monday, February 23rd. BMO Capital Markets upped their target price on S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Royal Bank Of Canada cut 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. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, S&P Global presently has a consensus rating of “Buy” and an average target price of $563.53.

S&P Global Stock Down 1.5%

SPGI opened at $426.27 on Thursday. The firm has a market cap of $127.37 billion, a P/E ratio of 29.10, a price-to-earnings-growth ratio of 1.92 and a beta of 1.23. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82. The business has a 50 day moving average price of $467.84 and a 200 day moving average price of $491.18. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $579.05.

S&P Global (NYSE:SPGI) last announced its quarterly 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). 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 analyst estimates of $3.89 billion. During the same quarter last year, the business earned $3.77 EPS. The company’s revenue for the quarter was up 9.0% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Research analysts forecast that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th were paid a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Wednesday, February 25th. This is a boost from S&P Global’s previous quarterly dividend of $0.96. S&P Global’s dividend payout ratio (DPR) is 26.48%.

S&P Global Company 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.