Stonehage Fleming Financial Services Holdings Ltd Increases Stake in S&P Global Inc. $SPGI

Stonehage Fleming Financial Services Holdings Ltd grew its holdings in S&P Global Inc. (NYSE:SPGI) by 32.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 427,372 shares of the business services provider’s stock after buying an additional 105,504 shares during the quarter. S&P Global makes up 6.9% of Stonehage Fleming Financial Services Holdings Ltd’s portfolio, making the stock its 4th largest position. Stonehage Fleming Financial Services Holdings Ltd owned 0.14% of S&P Global worth $223,340,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SPGI. Signal Advisors Wealth LLC grew its stake in shares of S&P Global by 23.3% during the fourth quarter. Signal Advisors Wealth LLC now owns 4,617 shares of the business services provider’s stock valued at $2,413,000 after purchasing an additional 871 shares during the last quarter. SeaCrest Wealth Management LLC raised its position in S&P Global by 4.6% in the 4th quarter. SeaCrest Wealth Management LLC now owns 1,116 shares of the business services provider’s stock worth $600,000 after purchasing an additional 49 shares during the last quarter. First Merchants Corp raised its position in S&P Global by 19.7% in the 4th quarter. First Merchants Corp now owns 16,614 shares of the business services provider’s stock worth $8,682,000 after purchasing an additional 2,733 shares during the last quarter. Byrne Asset Management LLC lifted its holdings in S&P Global by 5.8% during the 4th quarter. Byrne Asset Management LLC now owns 823 shares of the business services provider’s stock worth $430,000 after buying an additional 45 shares in the last quarter. Finally, Asset Allocation & Management Company LLC acquired a new position in S&P Global during the 4th quarter worth $206,000. 87.17% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

SPGI has been the subject of several research reports. Bank of America started coverage on S&P Global in a research note on Tuesday, February 17th. They issued a “buy” rating and a $575.00 target price for the company. Morgan Stanley raised their price target on S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a report on Tuesday, January 13th. BMO Capital Markets lifted their price objective on S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 17th. Robert W. Baird set a $546.00 price objective on S&P Global in a report on Wednesday, February 11th. Finally, The Goldman Sachs Group set a $498.00 target price on shares of S&P Global in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $563.53.

S&P Global Stock Performance

SPGI stock opened at $411.83 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 company has a market cap of $123.05 billion, a P/E ratio of 28.11, a price-to-earnings-growth ratio of 1.81 and a beta of 1.23. The business’s fifty day moving average is $452.82 and its 200-day moving average is $486.41.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). The company had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.89 billion. S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period last year, the firm earned $3.77 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities research analysts forecast that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were given a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Wednesday, February 25th. This is an increase from S&P Global’s previous quarterly dividend of $0.96. S&P Global’s dividend payout ratio is presently 26.48%.

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.