Pinnbrook Capital Management LP Invests $4.60 Million in S&P Global Inc. $SPGI

Pinnbrook Capital Management LP acquired a new position in S&P Global Inc. (NYSE:SPGI) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 8,809 shares of the business services provider’s stock, valued at approximately $4,603,000.

A number of other institutional investors have also made changes to their positions in the business. Jones Financial Companies Lllp increased its stake in S&P Global by 17.7% during the third quarter. Jones Financial Companies Lllp now owns 66,809 shares of the business services provider’s stock valued at $32,541,000 after acquiring an additional 10,044 shares during the period. Prime Capital Investment Advisors LLC increased its stake in S&P Global by 324.8% during the third quarter. Prime Capital Investment Advisors LLC now owns 28,094 shares of the business services provider’s stock valued at $13,673,000 after acquiring an additional 21,481 shares during the period. Envestnet Asset Management Inc. increased its stake in S&P Global by 3.3% during the third quarter. Envestnet Asset Management Inc. now owns 938,251 shares of the business services provider’s stock valued at $456,656,000 after acquiring an additional 30,080 shares during the period. Collier Financial bought a new position in S&P Global during the third quarter valued at about $2,865,000. Finally, Candriam S.C.A. increased its stake in S&P Global by 13.4% during the third quarter. Candriam S.C.A. now owns 124,659 shares of the business services provider’s stock valued at $60,673,000 after acquiring an additional 14,700 shares during the period. 87.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SPGI. Jefferies Financial Group boosted their price target on S&P Global from $500.00 to $535.00 and gave the company a “buy” rating in a research note on Monday, April 27th. JPMorgan Chase & Co. boosted their price target on S&P Global from $530.00 to $550.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Rothschild & Co Redburn lowered their price target on S&P Global from $585.00 to $540.00 in a research note on Thursday, May 7th. Mizuho boosted their price target on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of S&P Global in a research note on Tuesday, April 28th. Seventeen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $546.39.

Insider Activity

In related news, CEO Catherine R. Clay acquired 2,500 shares of the stock in a transaction dated Friday, May 1st. The shares were bought at an average cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the purchase, the chief executive officer owned 2,500 shares in the company, valued at approximately $1,078,475. This trade represents a ? increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Martina Cheung acquired 2,322 shares of the stock in a transaction dated Wednesday, April 29th. The stock was bought at an average price of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the purchase, the chief executive officer owned 27,518 shares in the company, valued at approximately $11,830,813.74. This trade represents a 9.22% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 5,974 shares of company stock worth $2,576,775. Company insiders own 0.03% of the company’s stock.

S&P Global News Roundup

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

• Positive Sentiment: S&P Global announced that its board approved the separation of its Mobility division into an independent public company, Mobility Global. Investors may view the spin-off as a potential value-unlocking move that could sharpen S&P Global’s focus on its core ratings, data and analytics businesses. S&P Global Announces Approval of Separation of Mobility Global
• Positive Sentiment: The company also declared a quarterly dividend of $0.97 per share, reinforcing its shareholder-return profile and signaling continued confidence in cash generation. Dividend announcement
• Neutral Sentiment: Analyst commentary remains constructive overall: Daiwa Securities trimmed its price target slightly to $485 from $490 but kept an “outperform” rating, suggesting expectations remain favorable despite a modest valuation reset. Daiwa Securities price target update
• Neutral Sentiment: Recent coverage also highlighted a strong subscription-revenue mix, improving rebounds in RPE after the IHS Markit integration, and ongoing buybacks/dividends, but noted rising liquidity and expense pressures that could limit upside in the near term. Zacks analyst blog
• Negative Sentiment: The company is also facing rising expenses, which may be weighing on sentiment as investors assess whether acquisition-related growth can offset higher costs. S&P Global Gains From Acquisitions Amid Rising Expenses
• Negative Sentiment: S&P Global Mobility’s $2 billion private senior notes offering adds leverage-related attention around the business unit being separated, which can create uncertainty ahead of the spin-off. Mobility Global notes offering

S&P Global Trading Down 0.4%

SPGI stock opened at $415.32 on Friday. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05. The firm has a market cap of $122.93 billion, a P/E ratio of 26.29, a P/E/G ratio of 1.78 and a beta of 1.11. The business’s 50 day moving average is $425.43 and its 200-day moving average is $467.11. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34.

S&P Global (NYSE:SPGI) last released 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. 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 period in the prior year, the company posted $4.37 EPS. The company’s revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities analysts anticipate that S&P Global Inc. will post 19.59 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

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

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.