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Stonehage Fleming Financial Services Holdings Ltd Increases Stake in S&P Global Inc. $SPGI
Stonehage Fleming Financial Services Holdings Ltd has significantly increased its stake in S&P Global Inc. (SPGI) by 32.8%, making it their fourth-largest holding. This institutional investor now owns 427,372 shares of SPGI, valued at approximately $223.34 million. Wall Street analysts maintain a positive outlook on S&P Global, with an average “Buy” rating and a target price of $563.53, despite the company slightly missing quarterly EPS estimates but showing a 9% year-over-year revenue increase and raising its quarterly dividend.