S&P Global (NYSE:SPGI) Shares Acquired Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of S&P Global Inc. (NYSE:SPGI). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in S&P Global stock on April 8th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 4/17/2025.
  • Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 4/16/2025.
  • Sold $1,001 – $15,000 in shares of Western Digital (NASDAQ:WDC) on 4/11/2025.
  • Sold $1,001 – $15,000 in shares of Western Digital (NASDAQ:WDC) on 4/10/2025.
  • Sold $1,001 – $15,000 in shares of DexCom (NASDAQ:DXCM) on 4/8/2025.
  • Sold $1,001 – $15,000 in shares of Invesco (NYSE:IVZ) on 4/8/2025.
  • Sold $1,001 – $15,000 in shares of Generac (NYSE:GNRC) on 4/8/2025.
  • Sold $15,001 – $50,000 in shares of Occidental Petroleum (NYSE:OXY) on 4/8/2025.
  • Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 4/8/2025.
  • Sold $1,001 – $15,000 in shares of QUALCOMM (NASDAQ:QCOM) on 4/8/2025.

S&P Global Trading Up 1.2%

SPGI stock traded up $6.33 during midday trading on Monday, reaching $514.06. 231,645 shares of the company traded hands, compared to its average volume of 1,219,802. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 0.85. The business has a 50 day moving average of $486.24 and a 200-day moving average of $501.59. The firm has a market capitalization of $157.66 billion, a price-to-earnings ratio of 41.64, a P/E/G ratio of 2.41 and a beta of 1.23. S&P Global Inc. has a 52-week low of $419.49 and a 52-week high of $545.39.

S&P Global (NYSE:SPGIGet Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The business services provider reported $4.37 earnings per share for the quarter, topping the consensus estimate of $4.23 by $0.14. The firm had revenue of $3.78 billion for the quarter, compared to the consensus estimate of $3.72 billion. S&P Global had a return on equity of 14.33% and a net margin of 27.12%. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the prior year, the business posted $4.01 earnings per share. As a group, sell-side analysts expect that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 28th will be paid a $0.96 dividend. The ex-dividend date is Wednesday, May 28th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.75%. S&P Global’s payout ratio is currently 30.16%.

Insider Activity at S&P Global

In other news, EVP Sally Moore sold 500 shares of S&P Global stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $510.43, for a total value of $255,215.00. Following the sale, the executive vice president now directly owns 5,131 shares in the company, valued at $2,619,016.33. This trade represents a 8.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on SPGI shares. UBS Group increased their price target on S&P Global from $555.00 to $575.00 and gave the stock a “buy” rating in a research report on Wednesday, April 30th. Wells Fargo & Company increased their target price on shares of S&P Global from $607.00 to $627.00 and gave the stock an “overweight” rating in a report on Wednesday, April 30th. StockNews.com lowered shares of S&P Global from a “buy” rating to a “hold” rating in a report on Thursday, February 20th. JPMorgan Chase & Co. dropped their price objective on shares of S&P Global from $618.00 to $565.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 16th. Finally, Bank of America started coverage on S&P Global in a report on Thursday, April 10th. They set a “buy” rating and a $600.00 target price for the company. Two analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $592.71.

View Our Latest Report on SPGI

Institutional Investors Weigh In On S&P Global

Institutional investors and hedge funds have recently modified their holdings of the stock. Minot DeBlois Advisors LLC bought a new position in shares of S&P Global during the 4th quarter valued at $25,000. Cheviot Value Management LLC acquired a new stake in shares of S&P Global during the 1st quarter worth approximately $26,000. Costello Asset Management INC acquired a new position in shares of S&P Global in the 1st quarter valued at $26,000. Anderson Financial Strategies LLC acquired a new stake in S&P Global during the fourth quarter valued at approximately $27,000. Finally, Smallwood Wealth Investment Management LLC bought a new stake in S&P Global in the first quarter valued at $28,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

S&P Global Company Profile

(Get Free Report)

S&P Global, Inc engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.

Further Reading

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