Town & Country Bank & Trust CO dba First Bankers Trust CO Purchases Shares of 3,465 S&P Global Inc. $SPGI

Town & Country Bank & Trust CO dba First Bankers Trust CO acquired a new stake in shares of S&P Global Inc. (NYSE:SPGI) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,465 shares of the business services provider’s stock, valued at approximately $1,474,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in 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. boosted its holdings 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 worth $32,000 after acquiring an additional 35 shares in the last quarter. Palladiem LLC bought a new position in S&P Global in the fourth quarter worth approximately $36,000. Palisade Asset Management LLC acquired a new stake in S&P Global in the third quarter valued at approximately $36,000. Finally, Ameriflex Group Inc. grew its stake 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 acquiring an additional 48 shares during the period. Institutional investors own 87.17% of the company’s stock.

Insider Buying and Selling at S&P Global

In related news, CEO Martina Cheung acquired 2,322 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were acquired at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the purchase, the chief executive officer owned 27,518 shares in the company, valued at approximately $11,830,813.74. The trade was a 9.22% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Robert Edward Jr. Moritz acquired 1,152 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were purchased at an average cost 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 approximately $500,002.56. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have purchased 5,974 shares of company stock worth $2,576,775. Corporate insiders own 0.03% of the company’s stock.

S&P Global Price Performance

SPGI stock opened at $411.32 on Monday. 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 business has a 50-day simple moving average of $423.56 and a two-hundred day simple moving average of $456.02. The company has a market capitalization of $121.75 billion, a P/E ratio of 26.03, a price-to-earnings-growth ratio of 1.75 and a beta of 1.08. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05.

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, beating 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 for the quarter, compared to analyst estimates of $4.08 billion. During the same quarter last year, the company earned $4.37 earnings per share. The company’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. Research analysts expect that S&P Global Inc. will post 19.61 EPS for the current fiscal year.

S&P Global Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. UBS Group restated a “buy” rating on shares of S&P Global in a report on Wednesday, May 27th. Weiss Ratings downgraded shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, March 11th. Evercore decreased their price target on shares of S&P Global from $625.00 to $560.00 and set an “outperform” rating for the company in a research note on Thursday, April 16th. Rothschild & Co Redburn lowered their price objective on shares of S&P Global from $540.00 to $520.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Daiwa Securities Group dropped their price objective on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. Eighteen analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, S&P Global presently has a consensus rating of “Moderate Buy” and an average target price of $545.28.

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.