S&P Global Inc. $SPGI Shares Sold by Lido Advisors LLC

Lido Advisors LLC lessened its position in S&P Global Inc. (NYSE:SPGI) by 9.1% during the first quarter, Holdings Channel reports. The institutional investor owned 25,840 shares of the business services provider’s stock after selling 2,587 shares during the quarter. Lido Advisors LLC’s holdings in S&P Global were worth $10,996,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Joseph Group Capital Management bought a new stake in S&P Global in the fourth quarter worth about $29,000. North Star Investment Management Corp. boosted its position in shares of 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 valued at $32,000 after purchasing an additional 35 shares in the last quarter. Palisade Asset Management LLC acquired a new position in shares of S&P Global in the 3rd quarter worth approximately $36,000. Palladiem LLC acquired a new position in shares of S&P Global in the 4th quarter worth approximately $36,000. Finally, Swiss RE Ltd. acquired a new position in shares of S&P Global in the 4th quarter worth approximately $39,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on SPGI. Mizuho increased their target price on shares of S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Robert W. Baird lifted their price target on shares of S&P Global from $520.00 to $521.00 and gave the stock an “outperform” rating in a research report on Tuesday. Wells Fargo & Company dropped their price target on S&P Global from $530.00 to $525.00 and set an “overweight” rating on the stock in a report on Monday, April 13th. BMO Capital Markets increased their price objective on S&P Global from $495.00 to $505.00 and gave the company an “outperform” rating in a research report on Tuesday, July 7th. Finally, Jefferies Financial Group raised their price objective on S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Eighteen equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $533.59.

Insider Buying and Selling

In other news, CEO Catherine R. Clay bought 2,500 shares of the business’s stock in a transaction on Friday, May 1st. The shares were bought at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the purchase, the chief executive officer directly owned 2,500 shares in the company, valued at $1,078,475. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of S&P Global stock in a transaction dated Thursday, April 30th. The stock was acquired at an average price of $434.03 per share, with a total value of $500,002.56. Following the acquisition, the director directly owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. This represents a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders bought 5,974 shares of company stock valued at $2,576,775. Company insiders own 0.03% of the company’s stock.

S&P Global Price Performance

SPGI stock opened at $420.14 on Friday. 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 Inc. has a one year low of $381.61 and a one year high of $579.05. The firm has a market capitalization of $124.36 billion, a PE ratio of 26.59, a P/E/G ratio of 2.18 and a beta of 1.08. The firm has a 50-day moving average of $422.80 and a two-hundred day moving average of $442.22.

S&P Global (NYSE:SPGI) last announced its 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. The company had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period last year, the company posted $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, analysts forecast that S&P Global Inc. will post 18.37 earnings per share for the current year.

S&P Global Dividend Announcement

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

Key Headlines Impacting S&P Global

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

• Positive Sentiment: S&P Global Market Intelligence launched a new AI-powered workflow capability for Capital IQ Pro with Farsight, a move that could strengthen its product offering and support client retention. S&P Global Market Intelligence Partners with Farsight to Launch AI-powered Financial Workflow Capability for Capital IQ Pro
• Positive Sentiment: Robert W. Baird raised its price target on SPGI to $521, signaling continued optimism from Wall Street. Robert W. Baird Increases S&P Global (NYSE:SPGI) Price Target to $521.00
• Positive Sentiment: JPMorgan also projected strong price appreciation for S&P Global, adding to the bullish analyst backdrop. JPMorgan Chase & Co. Forecasts Strong Price Appreciation for S&P Global (NYSE:SPGI) Stock
• Neutral Sentiment: Analysts expect Q2 strength in ratings, indices, and market intelligence, but also see total revenue potentially declining, making the upcoming earnings release a mixed setup. S&P Global Gears Up to Report Q2 Earnings: What’s in Store?
• Neutral Sentiment: Coverage ahead of the report focuses on key operating metrics rather than headline estimates, suggesting investors are watching for details on segment performance and margins. S&P Global (SPGI) Q2 Earnings on the Horizon: Analysts’ Insights on Key Performance Measures
• Neutral Sentiment: Erste Group lifted its FY2027 EPS estimate above consensus, which supports a favorable longer-term earnings outlook. Erste Group Bank FY2027 EPS Estimates for S&P Global
• Negative Sentiment: Zacks Research downgraded SPGI from hold to strong sell, adding to near-term caution around the stock. S&P Global was downgraded by Zacks Research from hold to strong sell
• Negative Sentiment: The market also reacted to concerns that SPGI could be trading above fair value following its $1 billion note exchange, which may weigh on sentiment. S&P Global (SPGI) Could Be 14% Above Fair Value After Its $1b Note Exchange

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.