Massachusetts Financial Services Co. MA Acquires 75,200 Shares of S&P Global Inc. $SPGI

Key Points

• Massachusetts Financial Services Co. raised its stake in S&P Global by 45.9%, purchasing 75,200 shares to hold 239,118 shares worth about $124.96 million (roughly 0.08% of the company).
• S&P Global posted Q results with EPS of $4.30 (missed estimates by $0.02) and revenue of $3.92 billion, up 9% year-over-year, set FY2026 EPS guidance at 19.40–19.65, and increased its quarterly dividend to $0.97 ($3.88 annual, 0.9% yield).
• Analysts maintain a consensus Buy rating with an average price target of $558.47, while institutional investors own about 87.17% of the company's shares and the stock trades around $429.77 (market cap ≈ $130.4B).

Massachusetts Financial Services Co. MA raised its holdings in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 45.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 239,118 shares of the business services provider's stock after purchasing an additional 75,200 shares during the period. Massachusetts Financial Services Co. MA owned 0.08% of S&P Global worth $124,961,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPGI. J.Safra Asset Management Corp bought a new position in S&P Global during the 3rd quarter valued at approximately $29,000. First Pacific Financial raised its position in S&P Global by 51.0% during the 3rd quarter. First Pacific Financial now owns 74 shares of the business services provider's stock valued at $36,000 after purchasing an additional 25 shares during the last quarter. Palisade Asset Management LLC bought a new position in S&P Global during the 3rd quarter valued at approximately $36,000. Ameriflex Group Inc. raised its position in S&P Global by 171.4% during the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider's stock valued at $37,000 after purchasing an additional 48 shares during the last quarter. Finally, TruNorth Capital Management LLC raised its position in S&P Global by 937.5% during the 3rd quarter. TruNorth Capital Management LLC now owns 83 shares of the business services provider's stock valued at $40,000 after purchasing an additional 75 shares during the last quarter. Institutional investors own 87.17% of the company's stock.

S&P Global Stock Up 3.5%

Shares of NYSE:SPGI opened at $429.77 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 $130.42 billion, a P/E ratio of 29.34, a P/E/G ratio of 1.84 and a beta of 1.20. The stock has a 50 day moving average price of $427.19 and a 200-day moving average price of $477.46. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82.

S&P Global (NYSE:SPGI - Get Free Report) last announced 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 return on equity of 16.56% and a net margin of 29.16%.The firm had revenue of $3.92 billion during the quarter, compared to the consensus estimate of $3.89 billion. During the same period in the prior year, the company posted $3.77 EPS. The firm'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 research analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were given a $0.97 dividend. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. This is an increase from S&P Global's previous quarterly dividend of $0.96. S&P Global's dividend payout ratio is currently 26.48%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Royal Bank Of Canada lowered their price target on S&P Global from $620.00 to $560.00 and set an "outperform" rating for the company in a research report on Wednesday, February 11th. Mizuho lowered their price target on S&P Global from $657.00 to $551.00 and set an "outperform" rating for the company in a research report on Thursday, February 12th. UBS Group lowered their price target on S&P Global from $620.00 to $550.00 and set a "buy" rating for the company in a research report on Tuesday, February 17th. Bank of America started coverage on S&P Global in a research report on Tuesday, February 17th. They issued a "buy" rating and a $575.00 target price for the company. Finally, BMO Capital Markets increased their target price 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. 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's stock. Based on data from MarketBeat, S&P Global currently has an average rating of "Buy" and a consensus price target of $558.47.

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.

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