S&P Global Inc. $SPGI Shares Bought by Cardano Risk Management B.V.

Cardano Risk Management B.V. grew its position in shares of S&P Global Inc. (NYSE:SPGI) by 858.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,760,230 shares of the business services provider’s stock after acquiring an additional 1,576,544 shares during the quarter. S&P Global comprises about 0.9% of Cardano Risk Management B.V.’s investment portfolio, making the stock its 29th largest holding. Cardano Risk Management B.V.’s holdings in S&P Global were worth $919,879,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in S&P Global by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 30,374,366 shares of the business services provider’s stock worth $15,873,340,000 after purchasing an additional 117,728 shares during the period. Wellington Management Group LLP lifted its holdings in S&P Global by 4.6% in the third quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock worth $3,033,003,000 after purchasing an additional 274,285 shares during the period. Norges Bank acquired a new stake in S&P Global in the fourth quarter worth about $2,398,991,000. Capital International Investors lifted its holdings in S&P Global by 43.6% in the fourth quarter. Capital International Investors now owns 3,037,912 shares of the business services provider’s stock worth $1,587,910,000 after purchasing an additional 922,433 shares during the period. Finally, Legal & General Group Plc lifted its holdings in S&P Global by 3.2% in the third quarter. Legal & General Group Plc now owns 2,202,872 shares of the business services provider’s stock worth $1,072,160,000 after purchasing an additional 67,868 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Price Performance

Shares of S&P Global stock opened at $419.53 on Friday. 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 company’s 50-day moving average price is $424.82 and its two-hundred day moving average price is $458.93. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05. The stock has a market cap of $124.18 billion, a PE ratio of 26.55, a price-to-earnings-growth ratio of 1.76 and a beta of 1.08.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $4.08 billion. During the same period in the previous year, the business earned $4.37 earnings per share. S&P Global’s revenue for the quarter was up 10.4% 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, sell-side analysts anticipate that S&P Global Inc. will post 19.61 EPS for the current fiscal year.

S&P Global Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th were given a $0.97 dividend. The ex-dividend date was Friday, May 29th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s payout ratio is 24.56%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. UBS Group reaffirmed a “buy” rating on shares of S&P Global in a report on Wednesday, May 27th. 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. Mizuho upped their price objective on shares of S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Bank of America assumed coverage on shares of S&P Global in a report on Tuesday, February 17th. They issued a “buy” rating and a $575.00 price objective for the company. Finally, Morgan Stanley upped their price objective on shares of S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Seventeen analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, S&P Global currently has an average rating of “Moderate Buy” and an average target price of $546.39.

Insiders Place Their Bets

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

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.