Catherine Clay Acquires 2,500 Shares of S&P Global (NYSE:SPGI) Stock

S&P Global Inc. (NYSE:SPGI) CEO Catherine Clay purchased 2,500 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was acquired at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the acquisition, the chief executive officer owned 2,500 shares in the company, valued at $1,078,475. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

S&P Global Trading Down 0.4%

Shares of NYSE:SPGI traded down $1.54 during trading on Monday, reaching $424.52. The company’s stock had a trading volume of 1,489,300 shares, compared to its average volume of 2,370,787. The company has a current ratio of 0.68, a quick 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 firm’s 50 day simple moving average is $430.38 and its two-hundred day simple moving average is $473.23. The stock has a market capitalization of $125.66 billion, a PE ratio of 26.87, a price-to-earnings-growth ratio of 1.82 and a beta of 1.11.

S&P Global (NYSE:SPGI) last announced its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter last year, the firm earned $4.37 EPS. The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, research analysts predict that S&P Global Inc. will post 19.58 EPS for the current fiscal year.

Institutional Trading of S&P Global

Several institutional investors have recently added to or reduced their stakes in SPGI. YANKCOM Partnership raised its stake in shares of S&P Global by 7.9% during the fourth quarter. YANKCOM Partnership now owns 259 shares of the business services provider’s stock valued at $135,000 after acquiring an additional 19 shares in the last quarter. LeConte Wealth Management LLC raised its stake in shares of S&P Global by 4.1% during the fourth quarter. LeConte Wealth Management LLC now owns 511 shares of the business services provider’s stock valued at $267,000 after acquiring an additional 20 shares in the last quarter. Elwood & Goetz Wealth Advisory Group LLC raised its stake in shares of S&P Global by 3.3% during the fourth quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 632 shares of the business services provider’s stock valued at $330,000 after acquiring an additional 20 shares in the last quarter. Steigerwald Gordon & Koch Inc. raised its stake in shares of S&P Global by 15.6% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 148 shares of the business services provider’s stock valued at $77,000 after acquiring an additional 20 shares in the last quarter. Finally, Forbes J M & Co. LLP raised its stake in shares of S&P Global by 3.5% during the third quarter. Forbes J M & Co. LLP now owns 627 shares of the business services provider’s stock valued at $305,000 after acquiring an additional 21 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

Wall Street Analysts Forecast Growth

SPGI has been the subject of a number of analyst reports. Robert W. Baird set a $546.00 price target on shares of S&P Global in a report on Wednesday, February 11th. The Goldman Sachs Group reissued a “buy” rating on shares of S&P Global in a research note on Tuesday, April 28th. Stifel Nicolaus decreased their price objective on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Jefferies Financial Group raised their price objective on shares of S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Finally, Wells Fargo & Company decreased their price objective on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a research note on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, S&P Global currently has a consensus rating of “Buy” and an average target price of $550.44.

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.