Pictet Asset Management Holding SA Has $107.48 Million Stock Holdings in S&P Global Inc. $SPGI

Pictet Asset Management Holding SA lifted its holdings in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 6.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 205,642 shares of the business services provider's stock after buying an additional 11,843 shares during the period. Pictet Asset Management Holding SA owned about 0.07% of S&P Global worth $107,480,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SPGI. Jones Financial Companies Lllp lifted its stake in S&P Global by 17.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 66,809 shares of the business services provider's stock valued at $32,541,000 after purchasing an additional 10,044 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its stake in S&P Global by 324.8% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 28,094 shares of the business services provider's stock valued at $13,673,000 after purchasing an additional 21,481 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in S&P Global by 3.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 938,251 shares of the business services provider's stock valued at $456,656,000 after purchasing an additional 30,080 shares during the last quarter. Collier Financial acquired a new stake in S&P Global in the 3rd quarter valued at about $2,865,000. Finally, Mawer Investment Management Ltd. lifted its stake in S&P Global by 27.3% in the 3rd quarter. Mawer Investment Management Ltd. now owns 168,229 shares of the business services provider's stock valued at $81,879,000 after purchasing an additional 36,078 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Trading Up 0.1%

Shares of SPGI stock opened at $437.07 on Tuesday. The firm has a 50 day moving average price of $429.32 and a two-hundred day moving average price of $474.31. 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 company has a market capitalization of $132.63 billion, a PE ratio of 29.83, a price-to-earnings-growth 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.

S&P Global (NYSE:SPGI - Get Free Report) last issued its quarterly earnings data 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). The company had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.89 billion. S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The company's revenue was up 9.0% on a year-over-year basis. During the same quarter last year, the business earned $3.77 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, analysts predict that S&P Global Inc. will post 19.51 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. The Goldman Sachs Group set a $498.00 target price on shares of S&P Global in a research note on Wednesday, February 11th. Morgan Stanley cut their target price on shares of S&P Global from $580.00 to $556.00 and set an "overweight" rating for the company in a research note on Tuesday, April 7th. Weiss Ratings downgraded shares of S&P Global from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, March 11th. Mizuho cut their target price on shares of S&P Global from $657.00 to $551.00 and set an "outperform" rating for the company in a research note on Thursday, February 12th. Finally, Royal Bank Of Canada cut their target price on shares of 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. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target 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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