Lighthouse Financial Services Inc. ADV Purchases Shares of 3,566 S&P Global Inc. $SPGI

Lighthouse Financial Services Inc. ADV acquired a new stake in S&P Global Inc. (NYSE:SPGI) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,566 shares of the business services provider’s stock, valued at approximately $1,863,000.

Several other large investors also recently modified their holdings of SPGI. J.Safra Asset Management Corp bought a new position in shares of S&P Global in the third quarter valued at about $29,000. Joseph Group Capital Management bought a new position in shares of S&P Global in the fourth quarter valued at about $29,000. North Star Investment Management Corp. raised its position in shares of 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 valued at $32,000 after purchasing an additional 35 shares during the period. Palisade Asset Management LLC bought a new position in shares of S&P Global in the third quarter valued at about $36,000. Finally, Ameriflex Group Inc. raised its position in shares of 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 purchasing an additional 48 shares during the period. 87.17% of the stock is owned by institutional investors.

S&P Global Price Performance

NYSE:SPGI opened at $419.85 on Friday. 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 $124.27 billion, a price-to-earnings ratio of 26.57, a P/E/G ratio of 1.83 and a beta of 1.11. The firm’s 50-day simple moving average is $431.09 and its 200 day simple moving average is $472.16. 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 (NYSE:SPGI) last released its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, topping analysts’ consensus estimates of $4.82 by $0.15. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The business had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same period last year, the firm earned $4.37 earnings per share. S&P Global’s revenue for the quarter 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. As a group, sell-side analysts predict that S&P Global Inc. will post 19.59 earnings per share for the current year.

Insider Buying and Selling

In other S&P Global news, Director Robert Edward Jr. Moritz purchased 1,152 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were acquired at an average cost of $434.03 per share, with a total value of $500,002.56. Following the completion of the transaction, the director owned 1,152 shares in the company, valued at $500,002.56. The trade was a ? increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Catherine R. Clay purchased 2,500 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were acquired at an average cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the transaction, the chief executive officer owned 2,500 shares of the company’s stock, valued at $1,078,475. This trade represents a ? increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have acquired 5,974 shares of company stock valued at $2,576,775. 0.03% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. The Goldman Sachs Group reissued a “buy” rating on shares of S&P Global in a research report on Tuesday, April 28th. Bank of America assumed coverage on shares of S&P Global in a research report on Tuesday, February 17th. They issued a “buy” rating and a $575.00 price objective on the stock. Wells Fargo & Company dropped their price objective on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating on the stock in a research report on Monday, April 13th. Stifel Nicolaus dropped their price objective on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Finally, Evercore dropped their price objective on shares of S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a research report on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $550.00.

S&P Global Company 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.