Anchor Investment Management LLC Has $1.74 Million Holdings in S&P Global Inc. $SPGI

Anchor Investment Management LLC cut its holdings in S&P Global Inc. (NYSE:SPGI) by 28.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,338 shares of the business services provider’s stock after selling 1,335 shares during the quarter. Anchor Investment Management LLC’s holdings in S&P Global were worth $1,744,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPGI. Norges Bank acquired a new position in shares of S&P Global during the fourth quarter worth approximately $2,398,991,000. Cardano Risk Management B.V. grew its position in S&P Global by 858.3% in the 4th quarter. Cardano Risk Management B.V. now owns 1,760,230 shares of the business services provider’s stock valued at $919,879,000 after purchasing an additional 1,576,544 shares during the period. T. Rowe Price Investment Management Inc. grew its position in S&P Global by 2,256.7% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,446,633 shares of the business services provider’s stock valued at $755,996,000 after purchasing an additional 1,385,249 shares during the period. Capital International Investors increased its stake in S&P Global by 43.6% during the 4th quarter. Capital International Investors now owns 3,037,912 shares of the business services provider’s stock valued at $1,587,910,000 after purchasing an additional 922,433 shares in the last quarter. Finally, TCI Fund Management Ltd. increased its stake in S&P Global by 5.4% during the 4th quarter. TCI Fund Management Ltd. now owns 11,790,310 shares of the business services provider’s stock valued at $6,161,498,000 after purchasing an additional 600,440 shares in the last quarter. 87.17% of the stock is currently owned by institutional investors.

S&P Global Price Performance

SPGI opened at $411.32 on Friday. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market capitalization of $121.75 billion, a price-to-earnings ratio of 26.03, a P/E/G ratio of 1.78 and a beta of 1.08. The firm’s fifty day moving average price is $424.07 and its two-hundred day moving average price is $456.61.

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

S&P Global Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th were paid a $0.97 dividend. The ex-dividend date was Friday, May 29th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is 24.56%.

Insider Buying and Selling at S&P Global

In other S&P Global news, CEO Catherine R. Clay bought 2,500 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were purchased at an average price of $431.39 per share, for a total transaction of $1,078,475.00. Following the purchase, the chief executive officer directly owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of S&P Global stock in a transaction dated Thursday, April 30th. The stock was acquired at an average cost of $434.03 per share, with a total value of $500,002.56. Following the completion of the acquisition, the director owned 1,152 shares of the company’s stock, valued at $500,002.56. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders bought 5,974 shares of company stock worth $2,576,775. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Mizuho upped their price objective on shares of S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Jefferies Financial Group lifted their price objective on shares of S&P Global from $500.00 to $535.00 and gave the company a “buy” rating in a report on Monday, April 27th. UBS Group reissued a “buy” rating on shares of S&P Global in a research report on Wednesday, May 27th. The Goldman Sachs Group restated a “buy” rating on shares of S&P Global in a report on Tuesday, April 28th. Finally, Weiss Ratings cut shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, March 11th. Eighteen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $545.28.

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.