J. Safra Sarasin Holding AG Boosts Stock Holdings in S&P Global Inc. $SPGI

J. Safra Sarasin Holding AG grew its position in S&P Global Inc. (NYSE:SPGI) by 14.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 68,089 shares of the business services provider’s stock after acquiring an additional 8,526 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in S&P Global were worth $35,583,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Hamilton Capital LLC increased its position 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 purchasing an additional 18 shares in the last quarter. Sand Hill Global Advisors LLC raised its stake in S&P Global by 3.1% in the 2nd 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 lifted its holdings in S&P Global by 0.4% in the 3rd quarter. Chemistry Wealth Management LLC now owns 4,895 shares of the business services provider’s stock valued at $2,382,000 after purchasing an additional 21 shares in the last quarter. Forbes J M & Co. LLP boosted its stake in S&P Global by 3.5% during the 3rd 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 last quarter. Finally, Centerpoint Advisors LLC boosted its stake in S&P Global by 2.5% during the 3rd quarter. Centerpoint Advisors LLC now owns 859 shares of the business services provider’s stock worth $418,000 after purchasing an additional 21 shares during the last quarter. 87.17% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on SPGI. Barclays reiterated an “overweight” rating and issued a $565.00 target price on shares of S&P Global in a research report on Monday, February 23rd. Stifel Nicolaus lowered their price target on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. The Goldman Sachs Group set a $498.00 price objective on shares of S&P Global in a research note on Wednesday, February 11th. Weiss Ratings downgraded shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, March 11th. Finally, Bank of America initiated coverage on shares of S&P Global in a research note on Tuesday, February 17th. They issued a “buy” rating and a $575.00 target price on the stock. One equities research 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $563.53.

S&P Global Stock Up 2.8%

Shares of SPGI opened at $417.42 on Tuesday. S&P Global Inc. has a 52-week low of $381.61 and a 52-week 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 stock has a fifty day simple moving average of $447.45 and a two-hundred day simple moving average of $483.68. The company has a market capitalization of $124.72 billion, a PE ratio of 28.49, a price-to-earnings-growth ratio of 1.80 and a beta of 1.23.

S&P Global (NYSE:SPGI) last announced its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share 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 firm had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.89 billion. During the same period in the previous year, the firm posted $3.77 EPS. 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. As a group, equities 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 declared a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were paid a $0.97 dividend. This is a positive change from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s dividend payout ratio is currently 26.48%.

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.