Kampmann Melissa S. Reduces Position in S&P Global Inc. $SPGI

Kampmann Melissa S. trimmed its stake in S&P Global Inc. (NYSE:SPGI) by 18.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,596 shares of the business services provider’s stock after selling 1,240 shares during the quarter. S&P Global makes up 1.9% of Kampmann Melissa S.’s portfolio, making the stock its 23rd biggest holding. Kampmann Melissa S.’s holdings in S&P Global were worth $2,380,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Joseph Group Capital Management acquired a new stake in shares of S&P Global during the fourth quarter valued at $29,000. North Star Investment Management Corp. raised its stake in S&P Global by 134.6% in the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 35 shares during the last quarter. Palladiem LLC acquired a new position in S&P Global in the 4th quarter valued at about $36,000. Palisade Asset Management LLC purchased a new position in S&P Global in the 3rd quarter valued at about $36,000. Finally, Swiss RE Ltd. purchased a new position in S&P Global in the 4th quarter valued at about $39,000. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on SPGI shares. Evercore lowered their price target on shares of S&P Global from $625.00 to $560.00 and set an “outperform” rating for the company in a report on Thursday, April 16th. Daiwa Securities Group reduced their price objective on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. UBS Group restated a “buy” rating on shares of S&P Global in a research report on Wednesday, May 27th. JPMorgan Chase & Co. raised their target price on shares of S&P Global from $530.00 to $550.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Finally, BMO Capital Markets lifted their target price on shares of S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 17th. Eighteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $545.28.

S&P Global Trading Up 0.2%

NYSE SPGI opened at $408.87 on Tuesday. The company has a market cap of $121.03 billion, a P/E ratio of 25.88, a P/E/G ratio of 1.74 and a beta of 1.08. S&P Global Inc. has a 12 month low of $381.61 and a 12 month high of $579.05. 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 company has a 50-day moving average of $420.80 and a 200-day moving average of $452.19.

S&P Global (NYSE:SPGI) last released its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $4.08 billion. During the same period last year, the company earned $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. As a group, equities analysts predict that S&P Global Inc. will post 19.61 earnings per share for the current year.

S&P Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be paid a dividend of $0.97 per share. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 dividend on an annualized basis and a 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, Director Robert Edward Jr. Moritz purchased 1,152 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were bought at an average price of $434.03 per share, for a total transaction of $500,002.56. Following the acquisition, the director directly owned 1,152 shares in the company, valued at $500,002.56. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, CEO Catherine R. Clay acquired 2,500 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were purchased 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 in the company, valued at approximately $1,078,475. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 5,974 shares of company stock worth $2,576,775 in the last quarter. 0.03% of the stock is 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.