Greenwood Capital Associates LLC Raises Stock Position in S&P Global Inc. $SPGI

Greenwood Capital Associates LLC raised its position in S&P Global Inc. (NYSE:SPGI) by 548.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 11,701 shares of the business services provider’s stock after acquiring an additional 9,897 shares during the period. Greenwood Capital Associates LLC’s holdings in S&P Global were worth $4,977,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. YANKCOM Partnership increased its holdings in shares of S&P Global by 7.9% during the 4th quarter. YANKCOM Partnership now owns 259 shares of the business services provider’s stock worth $135,000 after buying an additional 19 shares during the last quarter. LeConte Wealth Management LLC raised its position in shares of S&P Global by 4.1% during the 4th quarter. LeConte Wealth Management LLC now owns 511 shares of the business services provider’s stock valued at $267,000 after buying an additional 20 shares during the period. Elwood & Goetz Wealth Advisory Group LLC lifted its holdings in S&P Global by 3.3% in the fourth quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 632 shares of the business services provider’s stock valued at $330,000 after acquiring an additional 20 shares during the last quarter. Steigerwald Gordon & Koch Inc. lifted its holdings in S&P Global by 15.6% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 148 shares of the business services provider’s stock valued at $77,000 after acquiring an additional 20 shares during the last quarter. Finally, Embree Financial Group grew its position in S&P Global by 2.0% in the fourth quarter. Embree Financial Group now owns 1,090 shares of the business services provider’s stock worth $570,000 after acquiring an additional 21 shares during the period. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Stock Down 2.8%

Shares of NYSE SPGI opened at $430.93 on Thursday. 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 business’s 50 day moving average is $419.40 and its two-hundred day moving average is $448.79. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05. The firm has a market cap of $127.56 billion, a price-to-earnings ratio of 27.27, a PEG ratio of 1.89 and a beta of 1.08.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $4.08 billion. During the same period last year, the business posted $4.37 earnings per share. 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. Research analysts predict that S&P Global Inc. will post 19.61 EPS for the current year.

S&P Global Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be issued a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Wednesday, August 26th. S&P Global’s dividend payout ratio (DPR) is 24.56%.

Insider Activity at S&P Global

In other news, Director Robert Edward Jr. Moritz bought 1,152 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was bought at an average cost of $434.03 per share, with a total value of $500,002.56. Following the transaction, the director directly owned 1,152 shares in the company, valued at $500,002.56. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Catherine R. Clay purchased 2,500 shares of the business’s stock in a transaction on Friday, May 1st. The shares were acquired at an average price of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the purchase, the chief executive officer directly owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 5,974 shares of company stock worth $2,576,775 in the last three months. 0.03% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. BMO Capital Markets raised their target price on S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a research note on Tuesday. Evercore decreased their price target on S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a research note on Thursday, April 16th. Rothschild & Co Redburn lowered their price target on S&P Global from $540.00 to $520.00 and set a “buy” rating for the company in a report on Thursday, June 18th. JPMorgan Chase & Co. cut their price objective on S&P Global from $550.00 to $535.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Royal Bank Of Canada reduced their price objective on shares of S&P Global from $560.00 to $510.00 and set an “outperform” rating on the stock in a report on Tuesday. Seventeen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, S&P Global presently has a consensus rating of “Moderate Buy” and an average price target of $533.47.

Trending Headlines about S&P Global

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

• Positive Sentiment: BMO Capital Markets raised its price target to $505 and reiterated an outperform rating, indicating continued confidence in S&P Global’s longer-term earnings power. Benzinga report
• Positive Sentiment: JPMorgan kept an overweight rating and still sees upside, despite cutting its target to $535 from $550. Benzinga report
• Positive Sentiment: Barclays, Morgan Stanley, UBS, and RBC all maintained bullish views on SPGI, with revised targets ranging from $510 to $555, suggesting analysts still expect the stock to recover from current levels. Benzinga report
• Neutral Sentiment: Coverage highlighted conflicting analyst sentiment on S&P Global and Bank of Nova Scotia, which adds noise but does not signal a major change in fundamentals. The Globe and Mail article
• Neutral Sentiment: Reports on leadership and operations changes, plus the Mobility spin-off and Market Intelligence rework, point to ongoing strategic restructuring that could improve focus over time but may create short-term uncertainty. Yahoo Finance leadership article Yahoo Finance spin-off article

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.