S&P Global Inc. $SPGI Shares Bought by Nomura Asset Management Co. Ltd.

Key Points

• Nomura Asset Management increased its stake in S&P Global by 6.5% in the fourth quarter, holding 275,231 shares worth about $143.8 million. Institutional investors continue to dominate ownership, with hedge funds and other institutions holding 87.17% of the stock.
• S&P Global reported better-than-expected quarterly results, posting EPS of $4.97 versus $4.82 expected and revenue of $4.17 billion versus $4.08 billion expected. Revenue rose 10.4% year over year, and the company reaffirmed FY2026 EPS guidance of $19.40 to $19.65.
• The company also announced a quarterly dividend of $0.97 per share, payable June 10, for an annualized dividend of $3.88 and a yield of 0.9%. In addition, analysts remain generally upbeat, with a consensus rating of Moderate Buy and an average price target of $546.39.

Nomura Asset Management Co. Ltd. grew its position in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 6.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 275,231 shares of the business services provider's stock after acquiring an additional 16,909 shares during the quarter. Nomura Asset Management Co. Ltd. owned about 0.09% of S&P Global worth $143,833,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. YANKCOM Partnership boosted its holdings in shares of S&P Global by 7.9% during the fourth quarter. YANKCOM Partnership now owns 259 shares of the business services provider's stock valued at $135,000 after acquiring an additional 19 shares during the period. LeConte Wealth Management LLC boosted its holdings in shares of S&P Global by 4.1% during the fourth quarter. LeConte Wealth Management LLC now owns 511 shares of the business services provider's stock valued at $267,000 after acquiring an additional 20 shares during the period. Elwood & Goetz Wealth Advisory Group LLC boosted its holdings in shares of S&P Global by 3.3% during the fourth quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 632 shares of the business services provider's stock valued at $330,000 after acquiring an additional 20 shares during the period. Steigerwald Gordon & Koch Inc. boosted its holdings in shares of S&P Global by 15.6% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 148 shares of the business services provider's stock valued at $77,000 after acquiring an additional 20 shares during the period. Finally, Centerpoint Advisors LLC boosted its holdings in shares of S&P Global by 2.5% during the third quarter. Centerpoint Advisors LLC now owns 859 shares of the business services provider's stock valued at $418,000 after acquiring an additional 21 shares during the period. Institutional investors and hedge funds own 87.17% of the company's stock.

S&P Global Stock Performance

SPGI stock opened at $423.86 on Friday. The company has a market capitalization of $125.46 billion, a P/E ratio of 26.83, a PEG ratio of 1.81 and a beta of 1.11. The company has a 50-day simple moving average of $424.42 and a 200 day simple moving average of $464.04. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.34.

S&P Global (NYSE:SPGI - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, topping the consensus estimate of $4.82 by $0.15. The business had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The company's quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Sell-side analysts predict that S&P Global Inc. will post 19.61 earnings per share for the current fiscal year.

S&P Global Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 29th will be issued a $0.97 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global's dividend payout ratio is presently 24.56%.

Insider Buying and Selling

In related news, CEO Martina Cheung acquired 2,322 shares of S&P Global stock in a transaction that occurred on Wednesday, April 29th. The stock was acquired at an average price of $429.93 per share, with a total value of $998,297.46. Following the completion of the acquisition, the chief executive officer directly owned 27,518 shares of the company's stock, valued at $11,830,813.74. This trade represents a 9.22% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Catherine R. Clay acquired 2,500 shares of S&P Global stock in a transaction that occurred on Friday, May 1st. The stock was bought at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the acquisition, the chief executive officer directly owned 2,500 shares of the company's stock, valued at approximately $1,078,475. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 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 company insiders.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on SPGI shares. UBS Group reissued a "buy" rating on shares of S&P Global in a report on Wednesday. Morgan Stanley boosted their price target on shares of S&P Global from $556.00 to $557.00 and gave the company an "overweight" rating in a report on Wednesday, April 29th. Daiwa Securities Group reduced their price target on shares of S&P Global from $490.00 to $485.00 and set an "outperform" rating for the company in a report on Wednesday, May 20th. Stifel Nicolaus reduced their price target on shares of S&P Global from $599.00 to $489.00 and set a "buy" rating for the company in a report on Wednesday, February 11th. Finally, Barclays reissued an "overweight" rating and set a $565.00 price target on shares of S&P Global in a report on Monday, February 23rd. Seventeen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $546.39.

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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