Unique Wealth LLC Takes $719,000 Position in S&P Global Inc. $SPGI

Unique Wealth LLC purchased a new stake in S&P Global Inc. (NYSE:SPGI) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,691 shares of the business services provider’s stock, valued at approximately $719,000.

Several other institutional investors have also recently bought and sold shares of SPGI. Vanguard Group Inc. increased its stake in shares of S&P Global by 0.4% in 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 period. State Street Corp lifted its stake in shares of S&P Global by 1.1% during the fourth quarter. State Street Corp now owns 14,259,690 shares of the business services provider’s stock valued at $7,451,971,000 after acquiring an additional 157,301 shares during the period. TCI Fund Management Ltd. lifted its stake in shares of S&P Global by 5.4% during the fourth quarter. TCI Fund Management Ltd. now owns 11,790,310 shares of the business services provider’s stock valued at $6,161,498,000 after acquiring an additional 600,440 shares during the period. Morgan Stanley boosted its holdings in S&P Global by 3.3% in the fourth quarter. Morgan Stanley now owns 8,333,099 shares of the business services provider’s stock valued at $4,354,796,000 after acquiring an additional 263,051 shares during the last quarter. Finally, Wellington Management Group LLP boosted its holdings in S&P Global by 4.6% in the third 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 acquiring an additional 274,285 shares during the last quarter. Institutional investors own 87.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on SPGI shares. Daiwa Securities Group dropped their price objective on S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a report on Wednesday, May 20th. Evercore reduced their target price on shares of S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a research note on Thursday, April 16th. The Goldman Sachs Group reiterated a “buy” rating on shares of S&P Global in a research report on Tuesday, April 28th. Mizuho boosted their price target on shares of S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Finally, BMO Capital Markets increased their price objective on shares of S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. Eighteen research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $545.28.

Insider Activity

In other news, CEO Martina Cheung acquired 2,322 shares of S&P Global stock in a transaction that occurred on Wednesday, April 29th. The shares were acquired at an average price of $429.93 per share, with a total value of $998,297.46. Following the purchase, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at $11,830,813.74. The trade was a 9.22% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert Edward Jr. Moritz acquired 1,152 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were purchased at an average price of $434.03 per share, with a total value of $500,002.56. Following the acquisition, the director owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. 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 valued at $2,576,775 in the last ninety days. 0.03% of the stock is owned by insiders.

S&P Global Stock Down 1.7%

Shares of S&P Global stock opened at $395.41 on Friday. 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 Inc. has a 12 month low of $381.61 and a 12 month high of $579.05. The business has a fifty day simple moving average of $421.79 and a 200 day simple moving average of $453.35. The stock has a market cap of $117.04 billion, a PE ratio of 25.03, a price-to-earnings-growth ratio of 1.72 and a beta of 1.08.

S&P Global (NYSE:SPGI) last released 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 return on equity of 17.26% and a net margin of 30.37%.The firm had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same quarter in the prior year, the firm posted $4.37 earnings per share. The company’s quarterly 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. Research analysts predict 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 Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be paid a $0.97 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 1.0%. S&P Global’s dividend payout ratio is 24.56%.

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.