Aberdeen Group plc Acquires 1,515 Shares of S&P Global Inc. $SPGI

Aberdeen Group plc grew its holdings in S&P Global Inc. (NYSE:SPGI) by 0.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 381,210 shares of the business services provider’s stock after buying an additional 1,515 shares during the quarter. Aberdeen Group plc owned approximately 0.13% of S&P Global worth $199,217,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in SPGI. J.Safra Asset Management Corp purchased a new stake in shares of S&P Global in the 3rd quarter worth about $29,000. Howard Hughes Medical Institute purchased a new stake in S&P Global in the second quarter worth about $36,000. First Pacific Financial lifted its holdings in S&P Global by 51.0% in the third quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock worth $36,000 after buying an additional 25 shares during the period. Palisade Asset Management LLC bought a new stake in S&P Global during the 3rd quarter valued at approximately $36,000. Finally, Ameriflex Group Inc. grew its holdings in shares of S&P Global by 171.4% during the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after acquiring an additional 48 shares during the period. 87.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Stifel Nicolaus decreased their target price on S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Bank of America began coverage on S&P Global in a research report on Tuesday, February 17th. They set a “buy” rating and a $575.00 price target on the stock. Wells Fargo & Company decreased their price objective on S&P Global from $675.00 to $530.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. Weiss Ratings lowered S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, March 11th. Finally, Royal Bank Of Canada dropped their target price on shares of S&P Global from $620.00 to $560.00 and set an “outperform” rating on the stock in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, S&P Global has a consensus rating of “Buy” and a consensus target price of $563.53.

S&P Global Stock Up 1.4%

SPGI stock opened at $431.09 on Friday. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $579.05. 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 firm has a market cap of $130.82 billion, a PE ratio of 29.43, a price-to-earnings-growth ratio of 1.88 and a beta of 1.20. The business has a 50 day moving average of $441.30 and a 200 day moving average of $482.08.

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). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The company had revenue of $3.92 billion during the quarter, compared to the consensus estimate of $3.89 billion. During the same period last year, the firm posted $3.77 earnings per share. The company’s 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, research analysts forecast that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The company also recently declared 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 positive change from S&P Global’s previous quarterly dividend of $0.96. S&P Global’s dividend payout ratio (DPR) is presently 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.