S&P Global Inc. $SPGI Position Raised by Horizon Investments LLC

Horizon Investments LLC increased its position in shares of S&P Global Inc. (NYSE:SPGI) by 13.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,836 shares of the business services provider’s stock after purchasing an additional 2,549 shares during the period. Horizon Investments LLC’s holdings in S&P Global were worth $11,411,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPGI. Jones Financial Companies Lllp increased its holdings in S&P Global by 17.7% during the third quarter. Jones Financial Companies Lllp now owns 66,809 shares of the business services provider’s stock worth $32,541,000 after buying an additional 10,044 shares during the last quarter. Prime Capital Investment Advisors LLC increased its holdings in S&P Global by 324.8% during the third quarter. Prime Capital Investment Advisors LLC now owns 28,094 shares of the business services provider’s stock worth $13,673,000 after buying an additional 21,481 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in S&P Global by 3.3% during the third quarter. Envestnet Asset Management Inc. now owns 938,251 shares of the business services provider’s stock worth $456,656,000 after buying an additional 30,080 shares during the last quarter. Collier Financial purchased a new stake in S&P Global during the third quarter worth about $2,865,000. Finally, Mawer Investment Management Ltd. increased its holdings in S&P Global by 27.3% during the third quarter. Mawer Investment Management Ltd. now owns 168,229 shares of the business services provider’s stock worth $81,879,000 after buying an additional 36,078 shares during the last quarter. 87.17% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Martina Cheung bought 2,322 shares of the company’s stock in a transaction on Wednesday, April 29th. The stock was acquired at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the transaction, the chief executive officer directly owned 27,518 shares in the company, valued at $11,830,813.74. This trade represents a 9.22% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on SPGI shares. Robert W. Baird set a $546.00 price objective on shares of S&P Global in a report on Wednesday, February 11th. Stifel Nicolaus decreased their price objective on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. The Goldman Sachs Group restated a “buy” rating on shares of S&P Global in a report on Tuesday. Morgan Stanley raised their price objective on shares of S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Mizuho decreased their price objective on shares of S&P Global from $657.00 to $551.00 and set an “outperform” rating for the company in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, S&P Global presently has an average rating of “Buy” and a consensus target price of $550.44.

S&P Global Price Performance

Shares of NYSE:SPGI opened at $426.29 on Friday. The company has a 50 day moving average of $430.38 and a 200 day moving average of $473.37. The stock has a market cap of $129.36 billion, a P/E ratio of 26.98, a P/E/G ratio of 1.85 and a beta of 1.20. S&P Global Inc. has a 12 month low of $381.61 and a 12 month high of $579.05. The company has a current ratio of 0.68, a quick ratio of 0.82 and a debt-to-equity ratio of 0.34.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data 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. The company had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. S&P Global’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter 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. As a group, sell-side analysts forecast that S&P Global Inc. will post 19.56 EPS for the current fiscal year.

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.