GHP Investment Advisors Inc. Grows Position in S&P Global Inc. $SPGI

GHP Investment Advisors Inc. boosted its position in shares of S&P Global Inc. (NYSE:SPGI) by 28.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,650 shares of the business services provider’s stock after purchasing an additional 4,397 shares during the period. GHP Investment Advisors Inc.’s holdings in S&P Global were worth $8,358,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Davidson Trust Co. lifted its stake in S&P Global by 1.7% in the first quarter. Davidson Trust Co. now owns 1,757 shares of the business services provider’s stock worth $747,000 after purchasing an additional 30 shares during the last quarter. Louisiana State Employees Retirement System bought a new position in shares of S&P Global during the first quarter valued at approximately $6,635,000. Fiduciary Alliance LLC grew its stake in shares of S&P Global by 210.7% during the first quarter. Fiduciary Alliance LLC now owns 3,756 shares of the business services provider’s stock valued at $1,617,000 after buying an additional 2,547 shares during the last quarter. Vanderbilt University purchased a new stake in shares of S&P Global in the first quarter worth approximately $5,332,000. Finally, BTC Capital Management Inc. raised its holdings in shares of S&P Global by 41.2% in the first quarter. BTC Capital Management Inc. now owns 17,825 shares of the business services provider’s stock worth $7,581,000 after buying an additional 5,197 shares during the period. 87.17% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Martina Cheung purchased 2,322 shares of the business’s stock in a transaction dated Wednesday, April 29th. The shares were acquired at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the acquisition, the chief executive officer owned 27,518 shares of the company’s stock, valued at $11,830,813.74. The trade was a 9.22% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Catherine R. Clay purchased 2,500 shares of S&P Global stock in a transaction dated Friday, May 1st. The stock was bought at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the completion of the transaction, the chief executive officer owned 2,500 shares in the company, valued at approximately $1,078,475. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 5,974 shares of company stock valued at $2,576,775 over the last 90 days. Corporate insiders own 0.03% of the company’s stock.

S&P Global Stock Down 1.7%

Shares of S&P Global stock opened at $395.41 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. The stock has a market cap of $117.04 billion, a price-to-earnings ratio of 25.03, a PEG ratio of 1.72 and a beta of 1.08. The firm’s 50-day moving average is $421.79 and its two-hundred day moving average is $453.35. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, beating the consensus estimate of $4.82 by $0.15. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The business had revenue of $4.17 billion during the quarter, compared to analyst estimates of $4.08 billion. During the same quarter in the previous year, the business posted $4.37 EPS. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. 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 19.61 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be paid a $0.97 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 dividend on an annualized basis and a yield of 1.0%. S&P Global’s payout ratio is 24.56%.

Wall Street Analysts Forecast Growth

SPGI has been the subject of a number of research analyst reports. JPMorgan Chase & Co. raised their price target on S&P Global from $530.00 to $550.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Morgan Stanley increased their target price on S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. BMO Capital Markets lifted their target price on S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 17th. Evercore decreased their target price on S&P Global from $625.00 to $560.00 and set an “outperform” rating for the company in a research report on Thursday, April 16th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of S&P Global in a research note on Tuesday, April 28th. Eighteen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, S&P Global has an average rating of “Moderate Buy” and an average price target of $545.28.

S&P Global 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.