Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $37.68 Million Stake in S&P Global Inc. $SPGI

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its position in shares of S&P Global Inc. (NYSE:SPGI) by 3.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 72,108 shares of the business services provider’s stock after selling 2,935 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in S&P Global were worth $37,683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of S&P Global by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 30,374,366 shares of the business services provider’s stock valued at $15,873,340,000 after buying an additional 117,728 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of S&P Global by 4.6% during the 3rd quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock valued at $3,033,003,000 after buying an additional 274,285 shares during the last quarter. Norges Bank acquired a new stake in shares of S&P Global during the 4th quarter valued at about $2,398,991,000. Legal & General Group Plc lifted its holdings in shares of S&P Global by 3.2% during the 3rd quarter. Legal & General Group Plc now owns 2,202,872 shares of the business services provider’s stock valued at $1,072,160,000 after buying an additional 67,868 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of S&P Global by 0.3% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,970,788 shares of the business services provider’s stock valued at $1,010,344,000 after buying an additional 5,706 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

SPGI has been the subject of several research reports. Rothschild & Co Redburn reduced their price target on S&P Global from $585.00 to $540.00 in a report on Thursday, May 7th. Stifel Nicolaus reduced their target price on S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Royal Bank Of Canada reduced their target price on S&P Global from $620.00 to $560.00 and set an “outperform” rating for the company in a report on Wednesday, February 11th. Robert W. Baird set a $546.00 target price on S&P Global in a report on Wednesday, February 11th. Finally, JPMorgan Chase & Co. boosted their target price on S&P Global from $530.00 to $550.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Seventeen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, S&P Global currently has an average rating of “Moderate Buy” and a consensus target price of $546.39.

S&P Global Stock Up 1.5%

SPGI opened at $423.86 on Friday. The business has a 50 day moving average price of $424.42 and a 200 day moving average price of $464.04. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $579.05. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. The firm has a market cap of $125.46 billion, a P/E ratio of 26.83, a price-to-earnings-growth ratio of 1.81 and a beta of 1.11.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, topping the consensus estimate of $4.82 by $0.15. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The firm had revenue of $4.17 billion during the quarter, compared to analyst estimates of $4.08 billion. During the same period in the previous year, the company earned $4.37 EPS. The company’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. Research analysts forecast that S&P Global Inc. will post 19.61 EPS for the current year.

S&P Global Announces Dividend

The firm 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 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 payout ratio is 24.56%.

Insider Transactions at S&P Global

In other S&P Global news, Director Robert Edward Jr. Moritz purchased 1,152 shares of the business’s stock in a transaction dated Thursday, April 30th. The stock was bought at an average cost 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 $500,002.56. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Catherine R. Clay purchased 2,500 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were acquired at an average price of $431.39 per share, with a total value of $1,078,475.00. Following the completion of the acquisition, the chief executive officer owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 5,974 shares of company stock worth $2,576,775 over the last three months. 0.03% of the stock is currently owned by insiders.

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.