Meiji Yasuda Asset Management Co Ltd. Reduces Holdings in S&P Global Inc. $SPGI

Meiji Yasuda Asset Management Co Ltd. lowered its position in shares of S&P Global Inc. (NYSE:SPGI) by 6.7% during the fourth quarter, HoldingsChannel reports. The firm owned 21,625 shares of the business services provider’s stock after selling 1,553 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in S&P Global were worth $11,301,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in SPGI. Brighton Jones LLC raised its stake in shares of S&P Global by 4.7% during the fourth quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock valued at $1,582,000 after purchasing an additional 143 shares during the period. Sivia Capital Partners LLC increased its position in shares of S&P Global by 7.8% during the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock worth $547,000 after acquiring an additional 75 shares during the last quarter. Neuberger Berman Group LLC increased its position in shares of S&P Global by 5.5% during the second quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider’s stock worth $893,511,000 after acquiring an additional 88,526 shares during the last quarter. Jump Financial LLC purchased a new stake in shares of S&P Global during the second quarter worth about $552,000. Finally, Main Street Financial Solutions LLC increased its position in shares of S&P Global by 17.2% during the second quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider’s stock worth $1,694,000 after acquiring an additional 472 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Stock Down 0.4%

Shares of S&P Global stock opened at $415.32 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.34. The firm has a market cap of $122.93 billion, a P/E ratio of 26.29, a P/E/G ratio of 1.78 and a beta of 1.11. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. The business has a 50-day moving average price of $425.43 and a 200 day moving average price of $467.11.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data 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. The firm had revenue of $4.17 billion during the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.S&P Global’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the company earned $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, sell-side analysts forecast that S&P Global Inc. will post 19.59 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 29th will be issued a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, May 29th. S&P Global’s payout ratio is currently 24.56%.

Insider Activity at S&P Global

In other news, Director Robert Edward Jr. Moritz acquired 1,152 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average cost 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 ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Catherine R. Clay bought 2,500 shares of the stock in a transaction on Friday, May 1st. The shares were acquired at an average price of $431.39 per share, with a total value of $1,078,475.00. Following the purchase, the chief executive officer owned 2,500 shares of the company’s stock, valued at $1,078,475. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 5,974 shares of company stock valued at $2,576,775 over the last three months. 0.03% of the stock is owned by insiders.

Key S&P Global News

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: S&P Global announced that its board approved the separation of its Mobility division into an independent public company, Mobility Global. Investors may view the spin-off as a potential value-unlocking move that could sharpen S&P Global’s focus on its core ratings, data and analytics businesses. S&P Global Announces Approval of Separation of Mobility Global
• Positive Sentiment: The company also declared a quarterly dividend of $0.97 per share, reinforcing its shareholder-return profile and signaling continued confidence in cash generation. Dividend announcement
• Neutral Sentiment: Analyst commentary remains constructive overall: Daiwa Securities trimmed its price target slightly to $485 from $490 but kept an “outperform” rating, suggesting expectations remain favorable despite a modest valuation reset. Daiwa Securities price target update
• Neutral Sentiment: Recent coverage also highlighted a strong subscription-revenue mix, improving rebounds in RPE after the IHS Markit integration, and ongoing buybacks/dividends, but noted rising liquidity and expense pressures that could limit upside in the near term. Zacks analyst blog
• Negative Sentiment: The company is also facing rising expenses, which may be weighing on sentiment as investors assess whether acquisition-related growth can offset higher costs. S&P Global Gains From Acquisitions Amid Rising Expenses
• Negative Sentiment: S&P Global Mobility’s $2 billion private senior notes offering adds leverage-related attention around the business unit being separated, which can create uncertainty ahead of the spin-off. Mobility Global notes offering

Analysts Set New Price Targets

SPGI has been the topic of a number of analyst reports. UBS Group dropped their target price on S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Wells Fargo & Company dropped their target price on S&P Global from $530.00 to $525.00 and set an “overweight” rating on the stock in a research report on Monday, April 13th. Rothschild & Co Redburn dropped their target price on S&P Global from $585.00 to $540.00 in a research report on Thursday, May 7th. Jefferies Financial Group lifted their price target on shares of S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Finally, Barclays restated an “overweight” rating and issued a $565.00 price target on shares of S&P Global in a research note on Monday, February 23rd. Seventeen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price 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.