Coronation Fund Managers Ltd. Makes New $34.57 Million Investment in S&P Global Inc. $SPGI

Key Points

• Coronation Fund Managers bought a new position in S&P Global, acquiring 66,159 shares worth about $34.57 million in Q4, making SPGI its 18th-largest holding (1.6% of the fund).
• S&P Global slightly missed quarterly EPS ($4.30 vs. $4.32) but beat revenue expectations with $3.92 billion (+9% YoY) and issued FY2026 guidance of $19.40–$19.65 EPS versus analysts' forecast of roughly $19.51.
• Analyst sentiment remains broadly positive with an average "Buy" rating and a mean target of $558.47, while institutional investors own about 87.17% of the company's stock.

Coronation Fund Managers Ltd. bought a new position in S&P Global Inc. (NYSE:SPGI - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 66,159 shares of the business services provider's stock, valued at approximately $34,574,000. S&P Global accounts for 1.6% of Coronation Fund Managers Ltd.'s holdings, making the stock its 18th biggest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of S&P Global by 0.5% during the third quarter. Vanguard Group Inc. now owns 30,256,638 shares of the business services provider's stock valued at $14,726,208,000 after buying an additional 161,719 shares during the period. Wellington Management Group LLP increased its stake in shares of S&P Global by 4.6% during the third quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider's stock valued at $3,033,003,000 after buying an additional 274,285 shares during the period. Legal & General Group Plc increased its stake in shares of S&P Global by 3.2% during the third quarter. Legal & General Group Plc now owns 2,202,872 shares of the business services provider's stock valued at $1,072,160,000 after buying an additional 67,868 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of S&P Global by 7.1% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,965,082 shares of the business services provider's stock valued at $956,425,000 after buying an additional 130,177 shares during the period. Finally, Unisphere Establishment increased its stake in shares of S&P Global by 5.9% during the second quarter. Unisphere Establishment now owns 1,800,000 shares of the business services provider's stock valued at $949,122,000 after buying an additional 100,000 shares during the period. Institutional investors own 87.17% of the company's stock.

S&P Global Price Performance

Shares of SPGI stock opened at $436.62 on Friday. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. The firm has a market capitalization of $132.50 billion, a price-to-earnings ratio of 29.80, a PEG ratio of 1.97 and a beta of 1.20. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82. The stock's 50-day simple moving average is $428.78 and its 200-day simple moving average is $474.76.

S&P Global (NYSE:SPGI - Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing analysts' consensus estimates of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The business had revenue of $3.92 billion for the quarter, compared to analysts' expectations of $3.89 billion. During the same quarter in the previous year, the firm posted $3.77 EPS. S&P Global's revenue was up 9.0% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, equities analysts forecast that S&P Global Inc. will post 19.51 earnings per share for the current fiscal year.

Analyst Ratings Changes

SPGI has been the topic of several analyst reports. Stifel Nicolaus cut their target price on S&P Global from $599.00 to $489.00 and set a "buy" rating on the stock in a research note on Wednesday, February 11th. Morgan Stanley cut their target price on S&P Global from $580.00 to $556.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 7th. Weiss Ratings lowered S&P Global from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, March 11th. Bank of America initiated coverage on S&P Global in a research note on Tuesday, February 17th. They issued a "buy" rating and a $575.00 target price on the stock. Finally, Barclays reiterated an "overweight" rating and issued a $565.00 target price on shares of S&P Global in a research note on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average 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.

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