St. Louis Trust Co Takes $979,000 Position in S&P Global Inc. $SPGI

St. Louis Trust Co bought a new stake in S&P Global Inc. (NYSE:SPGI) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,874 shares of the business services provider’s stock, valued at approximately $979,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPGI. Northwestern Mutual Wealth Management Co. increased its position in S&P Global by 353.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 488,185 shares of the business services provider’s stock worth $255,121,000 after purchasing an additional 380,603 shares during the last quarter. Credit Agricole S A acquired a new stake in S&P Global during the third quarter worth about $180,503,000. Holocene Advisors LP increased its position in S&P Global by 79.8% during the third quarter. Holocene Advisors LP now owns 766,043 shares of the business services provider’s stock worth $372,841,000 after purchasing an additional 339,947 shares during the last quarter. Wellington Management Group LLP increased its position in S&P Global by 4.6% during the third quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock worth $3,033,003,000 after purchasing an additional 274,285 shares during the last quarter. Finally, PFA Pension Forsikringsaktieselskab acquired a new stake in S&P Global during the fourth quarter worth about $127,269,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Price Performance

Shares of SPGI opened at $418.58 on Friday. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05. The stock has a market cap of $123.90 billion, a PE ratio of 26.49, a P/E/G ratio of 1.78 and a beta of 1.11. The firm has a 50-day simple moving average of $425.23 and a two-hundred day simple moving average of $466.77. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68.

S&P Global (NYSE:SPGI) last announced its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $4.08 billion. During the same period last year, the business earned $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 forecast that S&P Global Inc. will post 19.61 EPS for the current year.

S&P Global Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th will be given a dividend of $0.97 per share. 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 (DPR) is currently 24.56%.

Insider Buying and Selling at S&P Global

In related news, CEO Martina Cheung purchased 2,322 shares of the company’s stock in a transaction on Wednesday, April 29th. The stock was acquired at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the transaction, 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 acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Catherine R. Clay acquired 2,500 shares of the stock in a transaction dated Friday, May 1st. The stock was acquired at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the purchase, the chief executive officer owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 5,974 shares of company stock worth $2,576,775 over the last three months. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Robert W. Baird set a $546.00 price objective on shares of S&P Global in a research report on Wednesday, February 11th. Barclays restated an “overweight” rating and set a $565.00 price objective on shares of S&P Global in a research report on Monday, February 23rd. UBS Group cut their price objective on shares of S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. Daiwa Securities Group cut their price objective on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a research report on Wednesday. Finally, Evercore cut their price objective on shares of 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. Seventeen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $546.39.

S&P Global Company 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.