S&P Global Inc. $SPGI Shares Purchased by Whittier Trust Co.

Whittier Trust Co. boosted its position in S&P Global Inc. (NYSE:SPGI) by 2.6% in the 4th quarter, Holdings Channel reports. The firm owned 71,429 shares of the business services provider’s stock after acquiring an additional 1,804 shares during the quarter. Whittier Trust Co.’s holdings in S&P Global were worth $38,547,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SPGI. J.Safra Asset Management Corp acquired a new stake in shares of S&P Global in the third quarter valued at approximately $29,000. First Pacific Financial lifted its position in S&P Global by 51.0% during the third quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock worth $36,000 after buying an additional 25 shares in the last quarter. Palisade Asset Management LLC purchased a new position in S&P Global during the third quarter worth approximately $36,000. Ameriflex Group Inc. lifted its position in S&P Global by 171.4% during the third quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after buying an additional 48 shares in the last quarter. Finally, TruNorth Capital Management LLC lifted its position in S&P Global by 937.5% during the third quarter. TruNorth Capital Management LLC now owns 83 shares of the business services provider’s stock worth $40,000 after buying an additional 75 shares in the last quarter. 87.17% of the stock is owned by institutional investors and hedge funds.

S&P Global Price Performance

SPGI stock opened at $436.84 on Friday. The business has a fifty day moving average of $425.38 and a two-hundred day moving average of $476.42. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The stock has a market cap of $132.56 billion, a price-to-earnings ratio of 29.82, a price-to-earnings-growth ratio of 1.91 and a beta of 1.20. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.32 by ($0.02). The business had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.89 billion. S&P Global had a return on equity of 16.56% and a net margin of 29.16%.S&P Global’s revenue was up 9.0% compared to the same quarter last year. During the same period last year, the business earned $3.77 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, research analysts anticipate that S&P Global Inc. will post 17.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on SPGI shares. Barclays reiterated an “overweight” rating and set a $565.00 price objective on shares of S&P Global in a research report on Monday, February 23rd. UBS Group reduced their price objective 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. BMO Capital Markets lifted their price objective on S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 17th. Robert W. Baird set a $546.00 price objective on S&P Global in a research report on Wednesday, February 11th. Finally, Mizuho reduced their price objective on S&P Global from $657.00 to $551.00 and set an “outperform” rating on the stock in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, S&P Global presently has a consensus rating of “Buy” and an average target price of $558.47.

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.