Tredje AP fonden Has $63.38 Million Stake in S&P Global Inc. $SPGI

Tredje AP fonden increased its stake in shares of S&P Global Inc. (NYSE:SPGI) by 91.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 121,272 shares of the business services provider’s stock after purchasing an additional 57,822 shares during the period. Tredje AP fonden’s holdings in S&P Global were worth $63,376,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Larson Financial Group LLC boosted its stake in S&P Global by 21.5% during the 4th quarter. Larson Financial Group LLC now owns 1,378 shares of the business services provider’s stock valued at $720,000 after purchasing an additional 244 shares during the period. Handelsbanken Fonder AB lifted its position in shares of S&P Global by 18.0% in the 4th quarter. Handelsbanken Fonder AB now owns 272,430 shares of the business services provider’s stock worth $142,369,000 after acquiring an additional 41,580 shares during the period. Hartford Funds Management Co LLC lifted its position in shares of S&P Global by 93.5% during the 4th quarter. Hartford Funds Management Co LLC now owns 1,391 shares of the business services provider’s stock worth $728,000 after buying an additional 672 shares during the period. ProShare Advisors LLC lifted its position in shares of S&P Global by 4.7% during the 4th quarter. ProShare Advisors LLC now owns 395,579 shares of the business services provider’s stock worth $206,726,000 after buying an additional 17,647 shares during the period. Finally, HighTower Advisors LLC lifted its position in shares of S&P Global by 0.7% during the 4th quarter. HighTower Advisors LLC now owns 162,568 shares of the business services provider’s stock worth $84,956,000 after buying an additional 1,098 shares during the period. Institutional investors own 87.17% of the company’s stock.

Insiders Place Their Bets

In other S&P Global news, CEO Martina Cheung purchased 2,322 shares of the stock in a transaction on Wednesday, April 29th. The shares were purchased at an average price 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 in the company, valued at $11,830,813.74. This represents a 9.22% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert Edward Jr. Moritz purchased 1,152 shares of the stock in a transaction on Thursday, April 30th. The shares were acquired at an average cost of $434.03 per share, for a total transaction of $500,002.56. Following the transaction, the director owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. 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 a total of 5,974 shares of company stock valued at $2,576,775 over the last 90 days. 0.03% of the stock is currently owned by insiders.

S&P Global Stock Performance

SPGI opened at $417.30 on Tuesday. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05. The firm has a market capitalization of $123.52 billion, a PE ratio of 26.41, a PEG ratio of 1.72 and a beta of 1.11. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. The business’s 50-day simple moving average is $427.27 and its 200 day simple moving average is $468.58.

S&P Global (NYSE:SPGI) last released its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.82 by $0.15. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The business had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same quarter in the prior year, the company posted $4.37 earnings per share. S&P Global’s revenue was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, sell-side analysts expect that S&P Global Inc. will post 19.59 earnings per share for the current fiscal year.

Analyst Ratings Changes

SPGI has been the subject of a number of recent analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating on shares of S&P Global in a report on Tuesday, April 28th. Robert W. Baird set a $546.00 target price on S&P Global in a research note on Wednesday, February 11th. Wells Fargo & Company decreased their price objective on S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a research note on Monday, April 13th. Morgan Stanley lifted their price objective on S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, Mizuho lifted their target price on S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Sixteen analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, S&P Global currently has an average rating of “Moderate Buy” and a consensus price target of $550.00.

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.