Americana Partners LLC Increases Stock Position in S&P Global Inc. $SPGI

Americana Partners LLC raised its position in shares of S&P Global Inc. (NYSE:SPGI) by 19.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 15,477 shares of the business services provider’s stock after purchasing an additional 2,534 shares during the quarter. Americana Partners LLC’s holdings in S&P Global were worth $8,088,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Joseph Group Capital Management purchased a new stake in shares of S&P Global in the 4th quarter worth about $29,000. North Star Investment Management Corp. lifted its position in shares of S&P Global by 134.6% in the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after purchasing an additional 35 shares during the period. Palisade Asset Management LLC purchased a new stake in shares of S&P Global in the 3rd quarter worth about $36,000. Ameriflex Group Inc. lifted its position in S&P Global by 171.4% during the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock valued at $37,000 after acquiring an additional 48 shares during the period. Finally, Ares Financial Consulting LLC purchased a new position in S&P Global during the 4th quarter valued at about $40,000. 87.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SPGI has been the subject of a number of recent research reports. Mizuho lifted their price target on shares of S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Stifel Nicolaus cut their target price on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Wells Fargo & Company cut their target price on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a research report on Monday, April 13th. Rothschild & Co Redburn cut their target price on shares of S&P Global from $585.00 to $540.00 in a research report on Thursday, May 7th. Finally, BMO Capital Markets boosted their target price on shares of S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, March 17th. Seventeen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $546.39.

S&P Global Trading Up 0.7%

Shares of SPGI opened at $418.58 on Friday. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $579.05. The company has a market cap of $123.90 billion, a P/E ratio of 26.49, a P/E/G ratio of 1.78 and a beta of 1.11. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. The company’s fifty day simple moving average is $425.23 and its 200-day simple moving average is $466.77.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share 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 for the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter in the prior year, the firm posted $4.37 earnings per share. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, analysts expect that S&P Global Inc. will post 19.59 EPS for the current year.

S&P Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th will be issued a $0.97 dividend. The ex-dividend date is Friday, May 29th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. S&P Global’s dividend payout ratio is presently 24.56%.

Insider Transactions at S&P Global

In other S&P Global news, CEO Martina Cheung bought 2,322 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were bought at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the acquisition, the chief executive officer directly owned 27,518 shares in the company, valued at approximately $11,830,813.74. The trade was a 9.22% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert Edward Jr. Moritz purchased 1,152 shares of the stock in a transaction dated Thursday, April 30th. The stock was purchased at an average price of $434.03 per share, for a total transaction of $500,002.56. Following the completion of the acquisition, the director directly owned 1,152 shares in the company, valued at approximately $500,002.56. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have purchased 5,974 shares of company stock worth $2,576,775. Insiders own 0.03% of the company’s stock.

About S&P Global

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.