PFG Advisors Sells 4,631 Shares of S&P Global Inc. $SPGI

PFG Advisors trimmed its position in S&P Global Inc. (NYSE:SPGI) by 51.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,452 shares of the business services provider’s stock after selling 4,631 shares during the quarter. PFG Advisors’ holdings in S&P Global were worth $2,327,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of SPGI. J.Safra Asset Management Corp bought a new stake in shares of S&P Global in the 3rd quarter valued at about $29,000. First Pacific Financial grew its stake in S&P Global by 51.0% in the 3rd quarter. First Pacific Financial now owns 74 shares of the business services provider’s stock valued at $36,000 after buying an additional 25 shares during the last quarter. Palisade Asset Management LLC acquired a new position in S&P Global in the 3rd quarter valued at about $36,000. Ameriflex Group Inc. grew its stake in S&P Global by 171.4% in the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock valued at $37,000 after buying an additional 48 shares during the last quarter. Finally, TruNorth Capital Management LLC grew its stake in S&P Global by 937.5% in the 3rd quarter. TruNorth Capital Management LLC now owns 83 shares of the business services provider’s stock valued at $40,000 after buying an additional 75 shares during the last quarter. 87.17% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on SPGI shares. Robert W. Baird set a $546.00 price target on shares of S&P Global in a research note on Wednesday, February 11th. Barclays reiterated an “overweight” rating and issued a $565.00 price target on shares of S&P Global in a research note on Monday, February 23rd. UBS Group decreased their price target on shares of S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. Bank of America started coverage on shares of S&P Global in a research note on Tuesday, February 17th. They issued a “buy” rating and a $575.00 price target on the stock. Finally, Royal Bank Of Canada decreased their price target on shares of S&P Global from $620.00 to $560.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, S&P Global presently has a consensus rating of “Buy” and an average price target of $558.47.

S&P Global Stock Performance

Shares of NYSE:SPGI opened at $444.52 on Wednesday. The company’s 50 day moving average price is $426.27 and its two-hundred day moving average price is $475.49. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $579.05. The firm has a market cap of $134.89 billion, a PE ratio of 30.34, a PEG ratio of 1.99 and a beta of 1.20. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The business had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.89 billion. During the same quarter in the previous year, the company earned $3.77 EPS. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities research analysts predict that S&P Global Inc. will post 19.51 earnings per share for the current year.

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.