S&P Global Inc. $SPGI Shares Purchased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in S&P Global Inc. (NYSE:SPGI) by 2.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 267,288 shares of the business services provider’s stock after purchasing an additional 6,904 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in S&P Global were worth $139,682,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPGI. Mizuho Markets Americas LLC lifted its holdings in shares of S&P Global by 104,031.3% in the 3rd quarter. Mizuho Markets Americas LLC now owns 595,631 shares of the business services provider’s stock valued at $289,900,000 after buying an additional 595,059 shares during the period. Credit Agricole S A acquired a new position in S&P Global during the third quarter worth $180,503,000. Holocene Advisors LP raised its position in S&P Global by 79.8% in the third quarter. Holocene Advisors LP now owns 766,043 shares of the business services provider’s stock worth $372,841,000 after acquiring an additional 339,947 shares in the last quarter. Wellington Management Group LLP raised its position in S&P Global by 4.6% in the third quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock worth $3,033,003,000 after acquiring an additional 274,285 shares in the last quarter. Finally, Danske Bank A S acquired a new stake in S&P Global in the third quarter valued at $100,901,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

Wall Street Analysts Forecast Growth

SPGI has been the topic of several research analyst reports. Morgan Stanley decreased their target price on shares of S&P Global from $580.00 to $556.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 7th. Royal Bank Of Canada cut their price target on shares of S&P Global from $620.00 to $560.00 and set an “outperform” rating for the company in a report on Wednesday, February 11th. UBS Group reduced their price objective on shares of S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Wells Fargo & Company decreased their price objective on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating on the stock in a report on Monday, April 13th. Finally, Bank of America initiated coverage on shares of S&P Global in a report on Tuesday, February 17th. They issued a “buy” rating and a $575.00 target price for the company. One 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 company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $558.47.

S&P Global Stock Performance

NYSE:SPGI opened at $442.81 on Monday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $134.38 billion, a P/E ratio of 30.23, a price-to-earnings-growth ratio of 1.98 and a beta of 1.20. The firm has a 50-day moving average price of $425.45 and a two-hundred day moving average price of $475.97. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $579.05.

S&P Global (NYSE:SPGI) last announced its quarterly earnings results 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). S&P Global had a net margin of 29.16% and a return on equity of 16.56%. The business had revenue of $3.92 billion during the quarter, compared to analysts’ expectations of $3.89 billion. During the same period last year, the company earned $3.77 EPS. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, research analysts expect that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

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.