Fjarde AP Fonden Fourth Swedish National Pension Fund Grows Stock Position in S&P Global Inc. $SPGI

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in S&P Global Inc. (NYSE:SPGI) by 2.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,800 shares of the business services provider’s stock after buying an additional 1,500 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in S&P Global were worth $26,185,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Emerald Advisers LLC lifted its stake in shares of S&P Global by 2.0% in the 2nd quarter. Emerald Advisers LLC now owns 911 shares of the business services provider’s stock worth $480,000 after acquiring an additional 18 shares during the period. Fullcircle Wealth LLC increased its stake in shares of S&P Global by 1.0% during the second quarter. Fullcircle Wealth LLC now owns 1,748 shares of the business services provider’s stock worth $984,000 after acquiring an additional 18 shares during the period. Summitry LLC increased its stake in shares of S&P Global by 2.1% during the second quarter. Summitry LLC now owns 883 shares of the business services provider’s stock worth $466,000 after acquiring an additional 18 shares during the period. Hamilton Capital LLC raised its holdings in S&P Global by 4.5% during the second quarter. Hamilton Capital LLC now owns 418 shares of the business services provider’s stock worth $220,000 after purchasing an additional 18 shares in the last quarter. Finally, Sand Hill Global Advisors LLC lifted its position in S&P Global by 3.1% in the second quarter. Sand Hill Global Advisors LLC now owns 632 shares of the business services provider’s stock valued at $333,000 after purchasing an additional 19 shares during the period. 87.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of S&P Global in a research report on Monday, December 29th. William Blair restated an “outperform” rating on shares of S&P Global in a research note on Monday, November 17th. Mizuho increased their price objective on S&P Global from $637.00 to $643.00 and gave the stock an “outperform” rating in a research report on Thursday, October 16th. Seaport Res Ptn upgraded shares of S&P Global to a “strong-buy” rating in a research report on Wednesday, October 1st. Finally, Evercore ISI upped their price target on shares of S&P Global from $629.00 to $632.00 and gave the stock an “outperform” rating in a research note on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating and sixteen have given a Buy rating to the company’s stock. According to MarketBeat.com, S&P Global currently has an average rating of “Buy” and an average price target of $615.64.

S&P Global Stock Performance

Shares of SPGI stock opened at $545.42 on Friday. The stock has a fifty day moving average price of $510.02 and a 200 day moving average price of $517.10. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a market cap of $165.15 billion, a PE ratio of 39.67, a P/E/G ratio of 2.32 and a beta of 1.21. S&P Global Inc. has a 1 year low of $427.14 and a 1 year high of $579.05.

S&P Global (NYSE:SPGI) last announced its quarterly earnings results on Thursday, October 30th. The business services provider reported $4.73 earnings per share for the quarter, beating analysts’ consensus estimates of $4.26 by $0.47. The business had revenue of $3.89 billion during the quarter, compared to analysts’ expectations of $3.77 billion. S&P Global had a return on equity of 15.90% and a net margin of 28.10%.The business’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter last year, the business posted $3.89 earnings per share. S&P Global has set its FY 2025 guidance at 14.800-15.050 EPS. Sell-side analysts forecast that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

S&P Global Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be given a dividend of $0.97 per share. The ex-dividend date is Wednesday, February 25th. This is an increase from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 dividend on an annualized basis and a yield of 0.7%. S&P Global’s dividend payout ratio (DPR) is presently 27.93%.

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.