Arrow Capital Management LLC Takes $4.78 Million Position in S&P Global Inc. $SPGI

Arrow Capital Management LLC acquired a new stake in shares of S&P Global Inc. (NYSE:SPGI) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 9,154 shares of the business services provider’s stock, valued at approximately $4,784,000. S&P Global makes up about 2.8% of Arrow Capital Management LLC’s holdings, making the stock its 15th largest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of S&P Global by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 30,374,366 shares of the business services provider’s stock worth $15,873,340,000 after acquiring an additional 117,728 shares during the last quarter. State Street Corp boosted its stake in shares of S&P Global by 1.1% in the 4th quarter. State Street Corp now owns 14,259,690 shares of the business services provider’s stock valued at $7,451,971,000 after purchasing an additional 157,301 shares in the last quarter. TCI Fund Management Ltd. grew its holdings in shares of 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 during the last quarter. Morgan Stanley grew its holdings in shares of S&P Global by 3.3% during the 4th quarter. Morgan Stanley now owns 8,333,099 shares of the business services provider’s stock valued at $4,354,796,000 after purchasing an additional 263,051 shares during the last quarter. Finally, Wellington Management Group LLP raised its position in S&P Global by 4.6% in the 3rd quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock worth $3,033,003,000 after purchasing an additional 274,285 shares during the period. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Wall Street Analyst Weigh In

SPGI has been the subject of several analyst reports. Wells Fargo & Company cut their price target on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a research report on Monday, April 13th. UBS Group reiterated a “buy” rating on shares of S&P Global in a report on Wednesday, May 27th. Daiwa Securities Group lowered their target price on S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. BMO Capital Markets increased their target price on S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. Finally, Rothschild & Co Redburn reduced their price target on S&P Global from $540.00 to $520.00 and set a “buy” rating on the stock in a research report on Thursday. Eighteen analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $545.28.

S&P Global Price Performance

SPGI opened at $411.32 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. The stock has a market capitalization of $121.75 billion, a PE ratio of 26.03, a price-to-earnings-growth ratio of 1.78 and a beta of 1.08. The stock’s 50 day moving average price is $424.07 and its 200-day moving average price is $456.61. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05.

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

S&P Global Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 29th were given a dividend of $0.97 per share. The ex-dividend date was Friday, May 29th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s payout ratio is currently 24.56%.

Insider Buying and Selling

In related news, CEO Catherine R. Clay acquired 2,500 shares of the stock in a transaction on Friday, May 1st. The stock was acquired at an average cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the acquisition, 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 position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of S&P Global stock in a transaction on Thursday, April 30th. The shares were purchased at an average price of $434.03 per share, for a total transaction of $500,002.56. Following the acquisition, the director directly owned 1,152 shares in the company, valued at approximately $500,002.56. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 5,974 shares of company stock valued at $2,576,775 over the last three months. Corporate insiders own 0.03% of the company’s stock.

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.