Eurizon Capital SGR S.p.A. Takes Position in S&P Global Inc. $SPGI

Eurizon Capital SGR S.p.A. acquired a new stake in shares of S&P Global Inc. (NYSE:SPGI) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 136,910 shares of the business services provider’s stock, valued at approximately $71,656,000.

Other large investors have also recently made changes to their positions in the company. Joseph Group Capital Management purchased a new stake in shares of S&P Global during the fourth quarter valued at $29,000. North Star Investment Management Corp. grew its holdings in shares of S&P Global by 134.6% during the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after buying an additional 35 shares during the last quarter. Palisade Asset Management LLC purchased a new stake in shares of S&P Global during the third quarter valued at $36,000. Ameriflex Group Inc. grew its holdings in shares of S&P Global by 171.4% during the third quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock valued at $37,000 after buying an additional 48 shares during the last quarter. Finally, Ares Financial Consulting LLC purchased a new stake in shares of S&P Global during the fourth quarter valued at $40,000. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Price Performance

NYSE:SPGI opened at $423.86 on Friday. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. The firm has a market cap of $125.46 billion, a price-to-earnings ratio of 26.83, a PEG ratio of 1.78 and a beta of 1.11. The firm’s fifty day moving average is $424.42 and its two-hundred day moving average is $464.04.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS 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 company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same period in the prior year, the company earned $4.37 earnings per share. The firm’s revenue 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. Research analysts expect that S&P Global Inc. will post 19.61 EPS for the current year.

S&P Global Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th will be paid 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 of this dividend is Friday, May 29th. S&P Global’s dividend payout ratio is presently 24.56%.

Insider Transactions at S&P Global

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

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on SPGI. Royal Bank Of Canada dropped their price objective 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. Robert W. Baird set a $546.00 price target on shares of S&P Global in a report on Wednesday, February 11th. Wells Fargo & Company lowered their price target on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating on the stock in a report on Monday, April 13th. Evercore lowered their price target on shares of S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a report on Thursday, April 16th. Finally, Morgan Stanley upped their price target on shares of S&P Global from $556.00 to $557.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Seventeen investment analysts have rated the stock with 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 “Moderate Buy” and an average price target of $546.39.

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.