QRG Capital Management Inc. Purchases 1,410 Shares of S&P Global Inc. $SPGI

QRG Capital Management Inc. lifted its position in S&P Global Inc. (NYSE:SPGI) by 6.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,680 shares of the business services provider’s stock after buying an additional 1,410 shares during the quarter. QRG Capital Management Inc.’s holdings in S&P Global were worth $12,897,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. J.Safra Asset Management Corp bought a new position in shares of S&P Global in the third quarter valued at $29,000. Joseph Group Capital Management bought a new position in S&P Global during the fourth quarter worth $29,000. North Star Investment Management Corp. boosted its position in S&P Global by 134.6% during the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after purchasing an additional 35 shares during the period. Palisade Asset Management LLC bought a new position in S&P Global during the third quarter worth $36,000. Finally, Ameriflex Group Inc. boosted its position in S&P Global by 171.4% during the third quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after purchasing an additional 48 shares during the period. 87.17% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on SPGI shares. JPMorgan Chase & Co. lifted their price objective 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. The Goldman Sachs Group reaffirmed a “buy” rating on shares of S&P Global in a research report on Tuesday, April 28th. Wells Fargo & Company reduced 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 report on Monday, April 13th. Bank of America started coverage on shares of S&P Global in a research report on Tuesday, February 17th. They set a “buy” rating and a $575.00 price objective for the company. Finally, Robert W. Baird set a $546.00 price objective on shares of S&P Global in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, S&P Global currently has an average rating of “Buy” and a consensus target price of $550.63.

S&P Global Stock Down 0.2%

SPGI opened at $423.87 on Wednesday. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. The company has a market capitalization of $125.46 billion, a P/E ratio of 26.83, a P/E/G ratio of 1.82 and a beta of 1.11. The stock has a fifty day moving average of $430.51 and a 200-day moving average of $472.82.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, topping analysts’ consensus estimates 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 company 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 earnings per share. The company’s 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. On average, equities analysts expect that S&P Global Inc. will post 19.58 EPS for the current year.

Key Stories Impacting S&P Global

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: Insider buying: CEO Catherine R. Clay purchased 2,500 shares at about $431.39, a high-profile insider purchase that signals management confidence. CEO Catherine Clay Buys 2,500 Shares
• Positive Sentiment: Director purchase: Director Robert Edward Jr. Moritz acquired 1,152 shares at roughly $434.03, reinforcing insider accumulation. Insider buys often support investor sentiment. Director Robert Moritz Acquires Shares
• Positive Sentiment: Analyst lift: Mizuho raised its price target to $554 and reiterated an “outperform” view, adding analyst support for upside versus current levels. Mizuho Raises SPGI Price Target
• Neutral Sentiment: Management outreach: S&P Global presented at Barclays’ Americas Select Conference (transcript available) — useful for incremental detail on strategy and growth but no new guidance. Barclays Conference Transcript
• Neutral Sentiment: Ratings arm activity: S&P Global Ratings revised Municipality Finance Plc’s outlook to negative (rating remains AA+). This is a ratings action for a separate issuer and does not change SPGI’s corporate profile, but highlights ongoing ratings activity. Ratings Outlook Change for MuniFin
• Negative Sentiment: Sector/market pressure: broader “AI panic” and risk-off flows have weighed on financial and information-service names today, creating downward pressure despite company-specific positives. That macro/technical stress is the likeliest driver of the intraday decline. AI Panic Hits Wall Street

Insiders Place Their Bets

In other S&P Global news, CEO Catherine R. Clay bought 2,500 shares of the stock in a transaction on Friday, May 1st. The stock was purchased at an average price of $431.39 per share, with a total value of $1,078,475.00. Following the completion of the purchase, the chief executive officer owned 2,500 shares in the company, valued at $1,078,475. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Martina Cheung bought 2,322 shares of the stock in a transaction 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 purchase, the chief executive officer owned 27,518 shares of the company’s stock, valued at approximately $11,830,813.74. This represents a 9.22% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders acquired 5,974 shares of company stock valued at $2,576,775. 0.03% of the stock is currently owned by corporate 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.