Rep. Jefferson Shreve Buys S&P Global Inc. (NYSE:SPGI) Shares

Posted by Danessa Lincoln on May 11th, 2025

Representative Jefferson Shreve (R-Indiana) recently bought shares of S&P Global Inc. (NYSE:SPGI). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $50,001 and $100,000 in S&P Global stock on April 17th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.

S&P Global Stock Down 0.0 %

Shares of S&P Global stock opened at $507.44 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.34. The stock has a market cap of $155.63 billion, a PE ratio of 41.09, a price-to-earnings-growth ratio of 2.41 and a beta of 1.23. The business has a fifty day simple moving average of $486.24 and a 200 day simple moving average of $501.53. S&P Global Inc. has a 12 month low of $419.49 and a 12 month high of $545.39.

S&P Global (NYSE:SPGI – Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.23 by $0.14. S&P Global had a net margin of 27.12% and a return on equity of 14.33%. The company had revenue of $3.78 billion during the quarter, compared to the consensus estimate of $3.72 billion. During the same quarter in the prior year, the firm earned $4.01 earnings per share. The firm’s revenue was up 8.2% compared to the same quarter last year. Research analysts predict that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 28th will be paid a $0.96 dividend. This represents a $3.84 annualized dividend and a dividend yield of 0.76%. The ex-dividend date is Wednesday, May 28th. S&P Global’s dividend payout ratio (DPR) is presently 30.16%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on SPGI. Stifel Nicolaus lowered their target price on S&P Global from $629.00 to $603.00 and set a “buy” rating on the stock in a research note on Wednesday, April 30th. UBS Group lifted their price target on S&P Global from $555.00 to $575.00 and gave the company a “buy” rating in a research note on Wednesday, April 30th. JPMorgan Chase & Co. lowered their price objective on shares of S&P Global from $618.00 to $565.00 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. Robert W. Baird cut their target price on shares of S&P Global from $616.00 to $589.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 30th. Finally, Morgan Stanley upped their price target on shares of S&P Global from $595.00 to $600.00 and gave the stock an “overweight” rating in a report on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $592.71.

Read Our Latest Stock Report on S&P Global

Insider Buying and Selling at S&P Global

In other news, EVP Sally Moore sold 500 shares of the company’s stock in a transaction on Monday, May 5th. The stock was sold at an average price of $510.43, for a total transaction of $255,215.00. Following the transaction, the executive vice president now owns 5,131 shares of the company’s stock, valued at $2,619,016.33. This represents a 8.88 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.10% of the company’s stock.

Institutional Trading of S&P Global

Several institutional investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. grew its position in shares of S&P Global by 4.4% during the 3rd quarter. Principal Financial Group Inc. now owns 365,737 shares of the business services provider’s stock worth $188,948,000 after buying an additional 15,456 shares during the period. Bangor Savings Bank increased its holdings in S&P Global by 32.1% during the 4th quarter. Bangor Savings Bank now owns 107 shares of the business services provider’s stock worth $53,000 after purchasing an additional 26 shares in the last quarter. Northcape Capital Pty Ltd lifted its stake in S&P Global by 12.8% during the 4th quarter. Northcape Capital Pty Ltd now owns 7,068 shares of the business services provider’s stock valued at $3,520,000 after acquiring an additional 801 shares in the last quarter. Park National Corp OH boosted its holdings in S&P Global by 0.7% during the fourth quarter. Park National Corp OH now owns 57,316 shares of the business services provider’s stock worth $28,545,000 after purchasing an additional 393 shares during the last quarter. Finally, ORG Partners LLC boosted its stake in shares of S&P Global by 26.5% in the 4th quarter. ORG Partners LLC now owns 844 shares of the business services provider’s stock worth $421,000 after buying an additional 177 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About S&P Global

(Get Free Report)

S&P Global, Inc engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.