5,818 Shares in S&P Global Inc. $SPGI Bought by Asset One Wealth Management LLC

Asset One Wealth Management LLC acquired a new position in shares of S&P Global Inc. (NYSE:SPGI) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 5,818 shares of the business services provider’s stock, valued at approximately $3,070,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPGI. Aureus Asset Management LLC lifted its holdings in S&P Global by 5.8% during the 4th quarter. Aureus Asset Management LLC now owns 72,157 shares of the business services provider’s stock worth $37,708,000 after buying an additional 3,935 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in S&P Global by 30.3% during the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 18,340 shares of the business services provider’s stock worth $9,592,000 after buying an additional 4,268 shares during the period. Align Financial LLC acquired a new position in S&P Global during the 4th quarter worth about $25,671,000. Freestone Grove Partners LP acquired a new position in S&P Global during the 4th quarter worth about $26,935,000. Finally, Schonfeld Strategic Advisors LLC lifted its holdings in S&P Global by 270.2% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 56,206 shares of the business services provider’s stock worth $29,373,000 after buying an additional 41,023 shares during the period. Institutional investors own 87.17% of the company’s stock.

Insider Buying and Selling

In other news, CEO Catherine R. Clay purchased 2,500 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were 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 in the company, valued at $1,078,475. This represents a ∞ increase in their ownership of the stock. The acquisition 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 company’s stock in a transaction that occurred on Thursday, April 30th. The shares were purchased at an average cost of $434.03 per share, for a total transaction of $500,002.56. Following the completion of the purchase, the director owned 1,152 shares in the company, valued at $500,002.56. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have bought 5,974 shares of company stock valued at $2,576,775. 0.03% of the stock is owned by company insiders.

S&P Global Stock Down 3.6%

Shares of NYSE:SPGI opened at $417.85 on Thursday. The company has a market capitalization of $123.68 billion, a price-to-earnings ratio of 26.45, a P/E/G ratio of 1.85 and a beta of 1.08. 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 business’s 50-day moving average is $424.42 and its 200-day moving average is $457.23. 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 announced its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. The company had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The firm’s revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the business earned $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities research analysts predict that S&P Global Inc. will post 19.61 earnings per share for the current year.

S&P Global Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 29th were paid a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Friday, May 29th. S&P Global’s dividend payout ratio is 24.56%.

Wall Street Analyst Weigh In

Several research analysts have commented on SPGI shares. Weiss Ratings downgraded S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, March 11th. Daiwa Securities Group cut their target price on S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a report on Wednesday, May 20th. Mizuho lifted their target price on S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Jefferies Financial Group lifted their target price on S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Finally, UBS Group reaffirmed a “buy” rating on shares of S&P Global in a report on Wednesday, May 27th. Seventeen equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price 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.