S&P Global Inc. $SPGI Shares Sold by Kampmann Melissa S.

Kampmann Melissa S. decreased its holdings in S&P Global Inc. (NYSE:SPGI) by 18.1% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 5,596 shares of the business services provider’s stock after selling 1,240 shares during the quarter. S&P Global accounts for approximately 1.9% of Kampmann Melissa S.’s investment portfolio, making the stock its 23rd largest holding. Kampmann Melissa S.’s holdings in S&P Global were worth $2,380,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Simmons Bank grew its stake in S&P Global by 29.6% during the first quarter. Simmons Bank now owns 862 shares of the business services provider’s stock worth $367,000 after buying an additional 197 shares during the period. Lansforsakringar Fondforvaltning AB publ raised its stake in shares of S&P Global by 13.5% in the 1st quarter. Lansforsakringar Fondforvaltning AB publ now owns 114,992 shares of the business services provider’s stock valued at $48,910,000 after acquiring an additional 13,663 shares during the period. waypoint wealth counsel purchased a new position in shares of S&P Global in the 1st quarter valued at $502,000. Portus Wealth Advisors LLC lifted its holdings in shares of S&P Global by 11.1% during the 1st quarter. Portus Wealth Advisors LLC now owns 771 shares of the business services provider’s stock valued at $328,000 after acquiring an additional 77 shares in the last quarter. Finally, Apollon Wealth Management LLC lifted its holdings in shares of S&P Global by 27.1% during the 1st quarter. Apollon Wealth Management LLC now owns 39,551 shares of the business services provider’s stock valued at $16,823,000 after acquiring an additional 8,438 shares in the last quarter. 87.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of S&P Global from $530.00 to $550.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Daiwa Securities Group reduced their price objective on 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. UBS Group reaffirmed a “buy” rating on shares of S&P Global in a research report on Wednesday, May 27th. Evercore lowered their target price on 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. Finally, Weiss Ratings lowered S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 11th. Eighteen research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $545.28.

S&P Global Stock Up 0.2%

Shares of NYSE SPGI opened at $408.87 on Tuesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. The stock’s 50-day simple moving average is $420.80 and its 200-day simple moving average is $452.19. The firm has a market cap of $121.03 billion, a price-to-earnings ratio of 25.88, a PEG ratio of 1.74 and a beta of 1.08.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS 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 firm had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter in the prior year, the business posted $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 anticipate that S&P Global Inc. will post 19.61 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be given a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global’s dividend payout ratio is presently 24.56%.

Insider Activity

In related news, Director Robert Edward Jr. Moritz purchased 1,152 shares of the company’s stock in a transaction that occurred on 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 purchase, the director owned 1,152 shares in the company, valued at approximately $500,002.56. This represents a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Martina Cheung purchased 2,322 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The stock was bought at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the acquisition, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at $11,830,813.74. This represents a 9.22% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders acquired 5,974 shares of company stock worth $2,576,775. 0.03% of the stock is currently owned by insiders.

About S&P Global

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.