S&P Global Inc. $SPGI Shares Bought by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund boosted its stake in shares of S&P Global Inc. (NYSE:SPGI) by 31.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,685 shares of the business services provider’s stock after buying an additional 8,548 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in S&P Global were worth $17,368,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Oliver Lagore Vanvalin Investment Group purchased a new position in shares of S&P Global during the 2nd quarter worth approximately $26,000. MTM Investment Management LLC purchased a new stake in S&P Global in the second quarter valued at approximately $27,000. CBIZ Investment Advisory Services LLC lifted its stake in S&P Global by 103.3% during the first quarter. CBIZ Investment Advisory Services LLC now owns 61 shares of the business services provider’s stock worth $31,000 after purchasing an additional 31 shares in the last quarter. eCIO Inc. purchased a new position in shares of S&P Global during the first quarter worth $32,000. Finally, Spurstone Advisory Services LLC acquired a new stake in shares of S&P Global in the second quarter valued at $34,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Stock Performance

Shares of S&P Global stock opened at $541.37 on Friday. The business has a 50-day simple moving average of $505.05 and a 200-day simple moving average of $516.23. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.97 and a current ratio of 0.97. S&P Global Inc. has a one year low of $427.14 and a one year high of $579.05. The company has a market cap of $163.93 billion, a PE ratio of 39.37, a P/E/G ratio of 2.30 and a beta of 1.21.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Monday, February 28th. The business services provider reported $2.33 earnings per share (EPS) for the quarter. S&P Global had a net margin of 28.10% and a return on equity of 15.90%. The company had revenue of $1.87 billion during the quarter. S&P Global has set its FY 2025 guidance at 14.800-15.050 EPS. On average, equities research analysts forecast that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on SPGI shares. Citigroup increased their target price on S&P Global from $600.00 to $635.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Wells Fargo & Company increased their price target on shares of S&P Global from $660.00 to $661.00 and gave the stock an “overweight” rating in a research report on Friday, September 19th. Morgan Stanley raised their price objective on shares of S&P Global from $615.00 to $620.00 and gave the company an “overweight” rating in a research note on Thursday, October 9th. BMO Capital Markets set a $546.00 price objective on shares of S&P Global in a report on Friday, November 14th. Finally, JPMorgan Chase & Co. reduced their target price on shares of S&P Global from $635.00 to $615.00 and set an “overweight” rating on the stock in a report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating and sixteen have issued a Buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $615.14.

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.