S&P Global Inc. $SPGI Stock Holdings Lessened by Raiffeisen Bank International AG

Raiffeisen Bank International AG reduced its holdings in S&P Global Inc. (NYSE:SPGI) by 35.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 96,958 shares of the business services provider’s stock after selling 52,662 shares during the quarter. Raiffeisen Bank International AG’s holdings in S&P Global were worth $51,164,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of SPGI. Joseph Group Capital Management bought a new stake in S&P Global in the 4th quarter valued at about $29,000. North Star Investment Management Corp. lifted its position 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 bought a new stake in S&P Global in the 4th quarter valued at about $36,000. Palisade Asset Management LLC bought a new stake in S&P Global in the 3rd quarter valued at about $36,000. Finally, Ameriflex Group Inc. lifted its position in S&P Global by 171.4% in the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 48 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors.

S&P Global Price Performance

NYSE SPGI opened at $413.71 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $122.46 billion, a PE ratio of 26.18, a price-to-earnings-growth ratio of 1.82 and a beta of 1.08. The company has a 50 day moving average price of $424.96 and a two-hundred day moving average price of $459.21. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $579.05.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data 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 net margin of 30.37% and a return on equity of 17.26%. The business had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. During the same period in the previous year, the company earned $4.37 earnings per share. S&P Global’s revenue for the quarter 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 fiscal year.

S&P Global Announces Dividend

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

Insider Buying and Selling at S&P Global

In other S&P Global news, Director Robert Edward Jr. Moritz purchased 1,152 shares of the stock in a transaction on Thursday, April 30th. The shares were purchased at an average price of $434.03 per share, with a total value of $500,002.56. Following the acquisition, the director directly owned 1,152 shares of the company’s stock, valued at $500,002.56. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Martina Cheung bought 2,322 shares of the stock in a transaction dated Wednesday, April 29th. The stock was purchased at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the acquisition, the chief executive officer owned 27,518 shares in the company, valued at $11,830,813.74. The trade was a 9.22% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 5,974 shares of company stock valued at $2,576,775 in the last 90 days. 0.03% of the stock is currently owned by company insiders.

Analyst Ratings Changes

SPGI has been the topic of several recent research reports. Jefferies Financial Group lifted their price objective on shares of S&P Global from $500.00 to $535.00 and gave the company a “buy” rating in a research report on Monday, April 27th. The Goldman Sachs Group reissued a “buy” rating on shares of S&P Global in a research note on Tuesday, April 28th. Weiss Ratings cut shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 11th. UBS Group reissued a “buy” rating on shares of S&P Global in a research note on Wednesday, May 27th. Finally, Bank of America assumed coverage on shares of S&P Global in a research report on Tuesday, February 17th. They issued a “buy” rating and a $575.00 target price on the stock. Seventeen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $546.39.

S&P Global 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.