S&P Global Inc. $SPGI Stock Position Reduced by Sustainable Growth Advisers LP

Sustainable Growth Advisers LP lessened its holdings in S&P Global Inc. (NYSE:SPGI) by 20.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,030,292 shares of the business services provider’s stock after selling 263,278 shares during the quarter. S&P Global makes up approximately 3.7% of Sustainable Growth Advisers LP’s holdings, making the stock its 10th largest position. Sustainable Growth Advisers LP’s holdings in S&P Global were worth $538,420,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of SPGI. Brighton Jones LLC increased its holdings in S&P Global by 4.7% in the fourth quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock valued at $1,582,000 after buying an additional 143 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in S&P Global by 7.8% in the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock valued at $547,000 after buying an additional 75 shares during the last quarter. Neuberger Berman Group LLC increased its holdings in S&P Global by 5.5% in the second quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider’s stock valued at $893,511,000 after buying an additional 88,526 shares during the last quarter. Jump Financial LLC purchased a new position in S&P Global in the second quarter valued at $552,000. Finally, Main Street Financial Solutions LLC increased its holdings in S&P Global by 17.2% in the second quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider’s stock valued at $1,694,000 after buying an additional 472 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Stock Performance

NYSE SPGI opened at $429.20 on Tuesday. 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. The business’s 50-day moving average price is $424.48 and its 200 day moving average price is $463.35. The firm has a market cap of $127.04 billion, a P/E ratio of 27.16, a P/E/G ratio of 1.81 and a beta of 1.11.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $4.08 billion. During the same quarter last year, the company posted $4.37 earnings per share. The business’s revenue 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. On average, equities research analysts expect that S&P Global Inc. will post 19.61 earnings per share for the current year.

S&P Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 29th will be issued a dividend of $0.97 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is currently 24.56%.

Analysts Set New Price Targets

Several equities analysts have issued reports on SPGI shares. Rothschild & Co Redburn decreased their price objective on shares of S&P Global from $585.00 to $540.00 in a research note on Thursday, May 7th. Wells Fargo & Company decreased their price objective on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a research note on Monday, April 13th. BMO Capital Markets upped their price objective on shares of S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research note on Tuesday, March 17th. UBS Group restated a “buy” rating on shares of S&P Global in a research note on Wednesday, May 27th. Finally, Mizuho raised their price target on S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Seventeen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $546.39.

Insider Buying and Selling

In related news, CEO Martina Cheung purchased 2,322 shares of the stock in a transaction that occurred on Wednesday, April 29th. The shares were purchased at an average price of $429.93 per share, with a total value of $998,297.46. Following the completion of the acquisition, the chief executive officer directly owned 27,518 shares in the company, valued at $11,830,813.74. This represents a 9.22% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Catherine R. Clay purchased 2,500 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the acquisition, the chief executive officer owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. The trade was a ? increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 5,974 shares of company stock valued at $2,576,775 over the last quarter. 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.