Mawer Investment Management Ltd. Increases Stake in S&P Global Inc. $SPGI

Mawer Investment Management Ltd. grew its position in shares of S&P Global Inc. (NYSE:SPGI) by 22.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 206,095 shares of the business services provider’s stock after buying an additional 37,866 shares during the quarter. Mawer Investment Management Ltd.’s holdings in S&P Global were worth $107,703,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Jones Financial Companies Lllp raised its position in S&P Global by 17.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 66,809 shares of the business services provider’s stock worth $32,541,000 after buying an additional 10,044 shares during the last quarter. Troy Asset Management Ltd increased its holdings in shares of S&P Global by 26.2% in the 4th quarter. Troy Asset Management Ltd now owns 41,706 shares of the business services provider’s stock valued at $21,795,000 after purchasing an additional 8,652 shares in the last quarter. Prime Capital Investment Advisors LLC increased its holdings in shares of S&P Global by 324.8% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 28,094 shares of the business services provider’s stock valued at $13,673,000 after purchasing an additional 21,481 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of S&P Global by 3.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 938,251 shares of the business services provider’s stock valued at $456,656,000 after purchasing an additional 30,080 shares in the last quarter. Finally, Collier Financial purchased a new position in shares of S&P Global in the 3rd quarter valued at about $2,865,000. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Insider Buying and Selling at S&P Global

In other S&P Global news, CEO Martina Cheung bought 2,322 shares of the company’s stock in a transaction on Wednesday, April 29th. The stock was purchased at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the acquisition, the chief executive officer owned 27,518 shares of the company’s stock, valued at $11,830,813.74. The trade was a 9.22% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were acquired at an average price of $434.03 per share, with a total value of $500,002.56. Following the completion of the acquisition, the director directly owned 1,152 shares in the company, valued at $500,002.56. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders acquired 5,974 shares of company stock worth $2,576,775. 0.03% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on SPGI shares. Bank of America started coverage on shares of S&P Global in a report on Tuesday, February 17th. They issued a “buy” rating and a $575.00 price target for the company. Wells Fargo & Company cut their price target on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a report on Monday, April 13th. 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. JPMorgan Chase & Co. increased their price target on shares of S&P Global from $530.00 to $550.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Finally, Daiwa Securities Group cut their price target on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a report on Wednesday, May 20th. Seventeen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, S&P Global has an average rating of “Moderate Buy” and a consensus price target of $546.39.

S&P Global Stock Performance

NYSE:SPGI opened at $429.20 on Tuesday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. The firm has a 50-day moving average price of $424.48 and a two-hundred day moving average price of $463.35. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $579.05. The company has a market capitalization of $127.04 billion, a P/E ratio of 27.16, a price-to-earnings-growth ratio of 1.81 and a beta of 1.11.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, beating the consensus estimate of $4.82 by $0.15. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The firm had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.08 billion. During the same period last year, the firm posted $4.37 EPS. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, research analysts expect that S&P Global Inc. will post 19.61 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, May 29th. S&P Global’s dividend payout ratio (DPR) is 24.56%.

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.