Advisors Capital Management LLC Buys 9,592 Shares of S&P Global Inc. $SPGI

Key Points

• Advisors Capital Management LLC increased its stake in S&P Global by 512.7% in Q4, buying 9,592 shares to hold 11,463 shares valued at about $5.99 million.
• S&P Global beat revenue expectations with $3.92 billion (up 9% YoY) but missed EPS by $0.02 at $4.30 for the quarter, and set FY2026 guidance of 19.400–19.650 EPS (analysts expect ~19.51 EPS).
• Institutional investors own about 87.17% of the company; Vanguard holds roughly 30.37 million shares (~$15.87 billion), and the MarketBeat consensus rating is a Buy with a $558.47 price target.

Advisors Capital Management LLC grew its position in S&P Global Inc. (NYSE:SPGI - Free Report) by 512.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,463 shares of the business services provider's stock after purchasing an additional 9,592 shares during the period. Advisors Capital Management LLC's holdings in S&P Global were worth $5,991,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Golden State Equity Partners increased its holdings in S&P Global by 45.1% during the 4th quarter. Golden State Equity Partners now owns 2,918 shares of the business services provider's stock valued at $1,525,000 after purchasing an additional 907 shares in the last quarter. Teachers Retirement System of The State of Kentucky raised its position in S&P Global by 27.9% in the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 57,473 shares of the business services provider's stock valued at $30,035,000 after purchasing an additional 12,520 shares during the last quarter. Courier Capital LLC acquired a new position in S&P Global in the fourth quarter worth $236,000. AEGON ASSET MANAGEMENT UK Plc boosted its stake in S&P Global by 23.3% in the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 1,435 shares of the business services provider's stock worth $750,000 after purchasing an additional 271 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of S&P Global by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 30,374,366 shares of the business services provider's stock worth $15,873,340,000 after purchasing an additional 117,728 shares during the last quarter. Institutional investors own 87.17% of the company's stock.

S&P Global Price Performance

Shares of SPGI stock opened at $436.62 on Monday. The firm has a market cap of $132.50 billion, a price-to-earnings ratio of 29.80, a PEG ratio of 1.96 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 quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The stock has a 50-day moving average price of $428.78 and a 200 day moving average price of $474.66.

S&P Global (NYSE:SPGI - Get Free Report) last issued 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). S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The business had revenue of $3.92 billion during the quarter, compared to the consensus estimate of $3.89 billion. During the same period last year, the business posted $3.77 EPS. The firm's revenue for the quarter was up 9.0% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Research analysts expect that S&P Global Inc. will post 19.51 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on SPGI. Royal Bank Of Canada lowered their target price on S&P Global from $620.00 to $560.00 and set an "outperform" rating for the company in a research note on Wednesday, February 11th. Barclays reissued an "overweight" rating and set a $565.00 price objective on shares of S&P Global in a report on Monday, February 23rd. Evercore set a $625.00 price objective on shares of S&P Global and gave the company an "outperform" rating in a research report on Wednesday, February 11th. UBS Group reduced their target price on shares of 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. Finally, BMO Capital Markets increased their price target on shares of S&P Global from $482.00 to $495.00 and gave the company an "outperform" rating in a research note on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $558.47.

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.

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