S&P Global Inc. $SPGI Stake Increased by Crawford Investment Counsel Inc.

Crawford Investment Counsel Inc. grew its holdings in S&P Global Inc. (NYSE:SPGI) by 1.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 167,591 shares of the business services provider’s stock after purchasing an additional 1,743 shares during the period. S&P Global makes up 1.4% of Crawford Investment Counsel Inc.’s portfolio, making the stock its 24th biggest position. Crawford Investment Counsel Inc. owned about 0.06% of S&P Global worth $87,581,000 at the end of the most recent quarter.

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

S&P Global Trading Up 2.3%

S&P Global stock opened at $433.68 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market capitalization of $128.37 billion, a price-to-earnings ratio of 27.45, a PEG ratio of 1.81 and a beta of 1.08. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05. The company’s fifty day moving average price is $424.75 and its two-hundred day moving average price is $457.78.

S&P Global (NYSE:SPGI) last posted its 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. The firm had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The business’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the business posted $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, analysts forecast that S&P Global Inc. will post 19.61 earnings per share for the current fiscal year.

S&P Global Announces Dividend

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

Insiders Place Their Bets

In other S&P Global news, CEO Martina Cheung bought 2,322 shares of the stock in a transaction on Wednesday, April 29th. The shares were purchased at an average cost of $429.93 per share, with a total value of $998,297.46. Following the completion of the transaction, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at $11,830,813.74. This represents a 9.22% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the transaction, the chief executive officer directly owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 5,974 shares of company stock valued at $2,576,775 over the last three months. 0.03% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on SPGI. JPMorgan Chase & Co. increased their target price on S&P Global from $530.00 to $550.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Morgan Stanley upped their price target on shares of S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Mizuho upped their price target on shares of S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Daiwa Securities Group dropped their price target on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. Finally, Wells Fargo & Company dropped 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 research note on Monday, April 13th. Seventeen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $546.39.

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.