S&P Global Inc. $SPGI Shares Sold by Tranquility Partners LLC

Tranquility Partners LLC cut its stake in S&P Global Inc. (NYSE:SPGI) by 65.3% during the 4th quarter, HoldingsChannel reports. The fund owned 878 shares of the business services provider’s stock after selling 1,651 shares during the period. Tranquility Partners LLC’s holdings in S&P Global were worth $459,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SPGI. Vanguard Group Inc. raised its holdings in shares of S&P Global by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 30,374,366 shares of the business services provider’s stock worth $15,873,340,000 after purchasing an additional 117,728 shares during the period. Wellington Management Group LLP raised its holdings in shares of S&P Global by 4.6% during the third quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock worth $3,033,003,000 after purchasing an additional 274,285 shares during the period. Legal & General Group Plc raised its holdings in shares of S&P Global by 3.2% during the third quarter. Legal & General Group Plc now owns 2,202,872 shares of the business services provider’s stock worth $1,072,160,000 after purchasing an additional 67,868 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of S&P Global by 7.1% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,965,082 shares of the business services provider’s stock worth $956,425,000 after purchasing an additional 130,177 shares during the period. Finally, Unisphere Establishment raised its holdings in shares of S&P Global by 5.9% during the second quarter. Unisphere Establishment now owns 1,800,000 shares of the business services provider’s stock worth $949,122,000 after purchasing an additional 100,000 shares during the period. 87.17% of the stock is owned by institutional investors and hedge funds.

S&P Global Stock Performance

Shares of SPGI opened at $424.52 on Tuesday. The firm has a 50-day moving average price of $430.38 and a 200 day moving average price of $473.23. The firm has a market capitalization of $125.66 billion, a PE ratio of 26.87, a P/E/G ratio of 1.82 and a beta of 1.11. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.34. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. The firm had revenue of $4.17 billion during the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. S&P Global’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, sell-side analysts anticipate that S&P Global Inc. will post 19.58 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SPGI has been the topic of a number of research reports. Bank of America initiated coverage on shares of S&P Global in a report on Tuesday, February 17th. They set a “buy” rating and a $575.00 target price on the stock. Morgan Stanley upped their price target on shares of S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Jefferies Financial Group upped their price target on shares of S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. 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. Finally, Wells Fargo & Company lowered their price target on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a research report on Monday, April 13th. One research 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. According to MarketBeat.com, S&P Global has a consensus rating of “Buy” and an average price target of $550.44.

Insider Buying and Selling at S&P Global

In other S&P Global news, CEO Catherine R. Clay purchased 2,500 shares of the business’s stock in a transaction on Friday, May 1st. The stock was bought at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the acquisition, the chief executive officer owned 2,500 shares of the company’s stock, valued at $1,078,475. The trade was a ? increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was purchased at an average price of $434.03 per share, with a total value of $500,002.56. Following the completion of the acquisition, the director owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. This trade represents a ? 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 valued at $2,576,775. 0.03% of the stock is owned by insiders.

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.