Focus Partners Wealth Boosts Stock Position in S&P Global Inc. $SPGI

Focus Partners Wealth increased its stake in shares of S&P Global Inc. (NYSE:SPGI) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 183,876 shares of the business services provider’s stock after buying an additional 3,940 shares during the quarter. Focus Partners Wealth’s holdings in S&P Global were worth $96,090,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in SPGI. Joseph Group Capital Management acquired a new position in S&P Global during the 4th quarter worth $29,000. North Star Investment Management Corp. boosted its position in S&P Global by 134.6% during the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after acquiring an additional 35 shares during the period. Palladiem LLC acquired a new position in S&P Global during the 4th quarter worth $36,000. Palisade Asset Management LLC acquired a new position in S&P Global during the 3rd quarter worth $36,000. Finally, Ameriflex Group Inc. boosted its position in S&P Global by 171.4% during the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after acquiring an additional 48 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

Wall Street Analyst Weigh In

SPGI has been the subject of a number of analyst reports. Evercore reduced their price target on S&P Global from $625.00 to $560.00 and set an “outperform” rating for the company in a research report on Thursday, April 16th. The Goldman Sachs Group reiterated a “buy” rating on shares of S&P Global in a research report on Tuesday, April 28th. Jefferies Financial Group boosted their price target on S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Barclays reiterated an “overweight” rating and set a $565.00 price target on shares of S&P Global in a research report on Monday, February 23rd. Finally, Mizuho boosted their price target on S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Seventeen equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $546.39.

S&P Global Trading Up 0.1%

Shares of S&P Global stock opened at $419.53 on Monday. 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 firm has a market cap of $124.18 billion, a price-to-earnings ratio of 26.55, a price-to-earnings-growth ratio of 1.79 and a beta of 1.08. The business has a fifty day simple moving average of $424.82 and a 200-day simple moving average of $458.71. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, beating the consensus estimate of $4.82 by $0.15. The business had revenue of $4.17 billion during the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The company’s revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, equities analysts forecast that S&P Global Inc. will post 19.61 EPS for the current fiscal year.

S&P Global Dividend Announcement

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

Insider Activity

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

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.