Rakuten Investment Management Inc. established a new position in S&P Global Inc. during the third quarter, according to a recent filing.
The firm acquired 24,544 shares. This stake holds an approximate value of $11.95 million.
S&P Global, a financial data and analytics provider, currently sees institutional investors hold 87.17% of its stock. The investment aligns with a positive analyst consensus. Analysts maintain a "Buy" rating for the company, setting an average price target of $615.64.