Ninety One UK 13F: Adds $152M to S&P Global (SPGI) Stake

Ninety One UK increased its investment in S&P Global Inc. NYSE:SPGI by purchasing 384,257 additional shares during the period, according to a Form 13F filing with the U.S. Securities and Exchange Commission on October 15, 2026. Because 13F reports look backward, these figures reflect holdings as of the reported period and may not represent the investor's current position today.

What Changed in Ninety One UK's S&P Global Position

The fund grew its stake by 39.6%, lifting its holdings from 971,294 shares up to 1,355,551 shares. The total value of the position reached $534,724,218 at the close of the reporting window. This adds to a busy stretch of portfolio adjustments for the firm, which also trimmed stakes in other equities during a similar filing window.

Other Institutional Activity in S&P Global

Blackrock Inc. reduced its holdings by 89,061 shares, ending with 23,981,586 shares worth about $10.3 billion. Vanguard Capital Management LLC cut its stake by 81,411 shares to finish with 19,302,219 shares valued at $8.3 billion. State Street Corporation grew its position by 307,602 shares, holding 14,482,789 shares worth approximately $6.2 billion. TCI Fund Management Ltd added 46,318 shares to hold 14,081,957 shares valued at $6.1 billion. Morgan Stanley trimmed a larger portion, selling 598,629 shares to end with 7,309,278 shares worth about $3.1 billion.

S&P Global Inc. Stock Up 4.6%

The company recently traded around $427.19 as of October 16, 2026, holding above its 50-day moving average of $414.60. The stock has traded in a 52-week range between $361.03 and $522.47.

Recent Earnings

S&P Global reported trailing twelve-month revenue of $16.12 billion alongside basic earnings of $16.43 per share. The company generated a net profit margin of 30.5% and a return on equity of 14.3%. The next corporate earnings update is scheduled for October 27, 2026.

Dividend

The company maintains a dividend yield of 0.91% with a payout ratio of 23.5%.

Insider Buying and Selling at S&P Global Inc.

Director Hubert Joly purchased 2,500 shares on February 11, 2026, for a total value of $997,459. Chief Executive Officer Martina Cheung bought 2,322 shares on April 29, 2026, at an average price of $429.93 totaling $998,297. Director Robert Edward Moritz Jr. bought 1,151 shares on April 30, 2026, at an average price of $434.03 for a total of $500,001. Officer Catherine R Clay acquired 2,500 shares on May 1, 2026, at an average price of $431.39 worth $1,078,475.

Analysts Set New Price Targets

RBC Capital reiterated an Outperform rating with a $510.00 price target on August 26, 2026. Mizuho maintained an Outperform rating on October 6, 2026, moving its target from $554.00 to $531.00. Morgan Stanley maintained an Overweight rating on October 7, 2026, lowering its target to $477.00 from $525.00. BMO Capital maintained an Outperform rating on October 13, 2026, adjusting its target from $505.00 to $500.00. JP Morgan maintained an Overweight rating on October 14, 2026, setting a target of $520.00 down from $530.00. Across Wall Street, the stock carries a consensus strong buy rating with a mean price target of $515.71 based on 21 analyst opinions.

About S&P Global

S&P Global provides financial data, benchmarks, and research to global capital and commodity markets. Operating through divisions focused on ratings, market intelligence, commodities, and indices, the firm serves institutional and corporate clients worldwide. Institutional interest remains high as investors await the upcoming earnings report.

Bottom Line

Ninety One UK's increased stake highlights confidence from large managers heading into the late-year reporting cycle. Investors will watch the upcoming earnings release on October 27, 2026, for further updates on financial performance and institutional shifts. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.