Shelter Rock Management LLC Purchases Shares of 1,452 S&P Global Inc. $SPGI

Shelter Rock Management LLC purchased a new stake in S&P Global Inc. (NYSE:SPGI) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,452 shares of the business services provider’s stock, valued at approximately $759,000. S&P Global makes up 0.8% of Shelter Rock Management LLC’s holdings, making the stock its 21st largest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPGI. Joseph Group Capital Management acquired a new position in S&P Global in the fourth quarter valued at about $29,000. North Star Investment Management Corp. boosted its position in S&P Global by 134.6% in the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after buying an additional 35 shares in the last quarter. Palisade Asset Management LLC acquired a new position in S&P Global in the third quarter valued at about $36,000. Ameriflex Group Inc. boosted its position in S&P Global by 171.4% in the third quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock valued at $37,000 after buying an additional 48 shares in the last quarter. Finally, Ares Financial Consulting LLC acquired a new position in S&P Global in the fourth quarter valued at about $40,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Price Performance

Shares of SPGI stock opened at $418.58 on Friday. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. The firm’s 50 day moving average is $425.23 and its 200-day moving average is $466.77. The firm has a market capitalization of $123.90 billion, a price-to-earnings ratio of 26.49, a PEG ratio of 1.78 and a beta of 1.11. 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 (NYSE:SPGI) last announced its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.82 by $0.15. The company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. S&P Global’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the business earned $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Sell-side analysts forecast that S&P Global Inc. will post 19.61 EPS for the current fiscal year.

S&P Global Dividend Announcement

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

Analyst Upgrades and Downgrades

SPGI has been the topic of a number of recent analyst reports. Mizuho boosted their price target on shares of S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. 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 report on Thursday, April 16th. Rothschild & Co Redburn reduced their target price on shares of S&P Global from $585.00 to $540.00 in a research report on Thursday, May 7th. Stifel Nicolaus reduced their target price on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Finally, 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. Seventeen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $546.39.

Insider Buying and Selling

In other S&P Global news, Director Robert Edward Jr. Moritz purchased 1,152 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was acquired at an average cost of $434.03 per share, with a total value of $500,002.56. Following the completion of the purchase, the director directly owned 1,152 shares in the company, valued at approximately $500,002.56. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Martina Cheung purchased 2,322 shares of the company’s stock in a transaction that occurred on Wednesday, April 29th. The shares were acquired at an average cost of $429.93 per share, with a total value of $998,297.46. Following the completion of the purchase, the chief executive officer 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. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 5,974 shares of company stock valued at $2,576,775 over the last ninety days. Insiders own 0.03% of the company’s stock.

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.