Dearborn Partners LLC Lowers Position in S&P Global Inc. $SPGI

Dearborn Partners LLC cut its stake in shares of S&P Global Inc. (NYSE:SPGI) by 8.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 55,269 shares of the business services provider’s stock after selling 5,358 shares during the period. S&P Global comprises about 1.4% of Dearborn Partners LLC’s investment portfolio, making the stock its 29th biggest position. Dearborn Partners LLC’s holdings in S&P Global were worth $28,883,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of SPGI. Brighton Jones LLC lifted its position in S&P Global by 4.7% during the fourth quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock valued at $1,582,000 after purchasing an additional 143 shares in the last quarter. Sivia Capital Partners LLC lifted its position in S&P Global by 7.8% during the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock valued at $547,000 after purchasing an additional 75 shares in the last quarter. Neuberger Berman Group LLC lifted its position in S&P Global by 5.5% during the second quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider’s stock valued at $893,511,000 after purchasing an additional 88,526 shares in the last quarter. Jump Financial LLC purchased a new position in S&P Global during the second quarter valued at $552,000. Finally, Main Street Financial Solutions LLC lifted its position in S&P Global by 17.2% during the second quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider’s stock valued at $1,694,000 after purchasing an additional 472 shares in the last quarter. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

S&P Global Price Performance

Shares of S&P Global stock opened at $425.16 on Friday. The stock’s 50-day simple moving average is $424.53 and its 200-day simple moving average is $461.38. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05. The company has a market capitalization of $125.85 billion, a price-to-earnings ratio of 26.91, a PEG ratio of 1.81 and a beta of 1.08. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.34.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data 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 return on equity of 17.26% and a net margin of 30.37%.The business had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same period in the previous year, the business earned $4.37 earnings per share. The business’s revenue 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 19.61 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 Wednesday, June 10th. Stockholders of record on Friday, May 29th will be given a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, May 29th. S&P Global’s payout ratio is presently 24.56%.

Analyst Ratings Changes

Several research firms recently weighed in on SPGI. Rothschild & Co Redburn lowered their target price on S&P Global from $585.00 to $540.00 in a research report on Thursday, May 7th. Daiwa Securities Group lowered their target price on S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. UBS Group reiterated a “buy” rating on shares of S&P Global in a research report on Wednesday, May 27th. Barclays reiterated an “overweight” rating and set a $565.00 target price on shares of S&P Global in a research report on Monday, February 23rd. Finally, Wells Fargo & Company lowered their target price on S&P Global from $530.00 to $525.00 and set an “overweight” rating on the stock in a research report on Monday, April 13th. Seventeen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $546.39.

Insider Activity

In other news, CEO Catherine R. Clay bought 2,500 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the transaction, the chief executive officer owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director directly owned 1,152 shares of the company’s stock, valued at $500,002.56. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 5,974 shares of company stock worth $2,576,775 over the last ninety days. Corporate insiders own 0.03% of the company’s stock.

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.