Securian Asset Management Inc. Reduces Holdings in S&P Global Inc. $SPGI

Securian Asset Management Inc. trimmed its position in shares of S&P Global Inc. (NYSE:SPGI) by 48.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,430 shares of the business services provider’s stock after selling 7,926 shares during the quarter. Securian Asset Management Inc.’s holdings in S&P Global were worth $4,405,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in SPGI. Brighton Jones LLC increased its position in shares of S&P Global by 4.7% during the fourth quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock worth $1,582,000 after purchasing an additional 143 shares in the last quarter. Sivia Capital Partners LLC increased its position in shares of S&P Global by 7.8% during the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock worth $547,000 after purchasing an additional 75 shares in the last quarter. Neuberger Berman Group LLC increased its position in shares of S&P Global by 5.5% during the second quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider’s stock worth $893,511,000 after purchasing an additional 88,526 shares in the last quarter. Jump Financial LLC purchased a new stake in shares of S&P Global during the second quarter worth approximately $552,000. Finally, Main Street Financial Solutions LLC grew its holdings in S&P Global by 17.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider’s stock valued at $1,694,000 after buying an additional 472 shares in the last quarter. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other S&P Global news, CEO Catherine R. Clay purchased 2,500 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were acquired at an average price of $431.39 per share, with a total value of $1,078,475.00. Following the purchase, the chief executive officer directly owned 2,500 shares in the company, valued at approximately $1,078,475. This trade represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Robert Edward Jr. Moritz purchased 1,152 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was acquired at an average cost of $434.03 per share, for a total transaction of $500,002.56. Following the purchase, the director owned 1,152 shares in the company, valued at approximately $500,002.56. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 5,974 shares of company stock valued at $2,576,775 in the last quarter. Insiders own 0.03% of the company’s stock.

S&P Global Stock Performance

Shares of S&P Global stock opened at $419.85 on Monday. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05. The business’s fifty day simple moving average is $431.09 and its 200-day simple moving average is $472.16. The firm has a market cap of $124.27 billion, a PE ratio of 26.57, a price-to-earnings-growth ratio of 1.80 and a beta of 1.11. 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 (NYSE:SPGI) last announced its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS 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 business 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 company posted $4.37 EPS. 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. Equities analysts forecast that S&P Global Inc. will post 19.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SPGI has been the subject of several analyst reports. Mizuho upped their target price on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. The Goldman Sachs Group restated a “buy” rating on shares of S&P Global in a report on Tuesday, April 28th. Bank of America initiated coverage on S&P Global in a report on Tuesday, February 17th. They issued a “buy” rating and a $575.00 target price for the company. Rothschild & Co Redburn dropped their target price on S&P Global from $585.00 to $540.00 in a report on Thursday. Finally, UBS Group dropped their target price on S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $550.00.

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.