Xponance LLC Purchases 4,314 Shares of S&P Global Inc. $SPGI

Xponance LLC lifted its position in S&P Global Inc. (NYSE:SPGI) by 8.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,431 shares of the business services provider’s stock after acquiring an additional 4,314 shares during the quarter. Xponance LLC’s holdings in S&P Global were worth $28,968,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. UniSuper Management Pty Ltd grew its stake in shares of S&P Global by 0.3% in the 4th quarter. UniSuper Management Pty Ltd now owns 23,385 shares of the business services provider’s stock worth $12,221,000 after acquiring an additional 62 shares in the last quarter. Canopy Partners LLC grew its stake in shares of S&P Global by 8.1% in the 4th quarter. Canopy Partners LLC now owns 478 shares of the business services provider’s stock worth $250,000 after acquiring an additional 36 shares in the last quarter. IFM Investors Pty Ltd grew its stake in shares of S&P Global by 3.8% in the 4th quarter. IFM Investors Pty Ltd now owns 62,477 shares of the business services provider’s stock worth $32,650,000 after acquiring an additional 2,280 shares in the last quarter. SmartHarvest Portfolios LLC bought a new stake in shares of S&P Global in the 4th quarter worth $743,000. Finally, YCG LLC grew its stake in shares of S&P Global by 0.9% in the 4th quarter. YCG LLC now owns 85,851 shares of the business services provider’s stock worth $44,865,000 after acquiring an additional 748 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on SPGI shares. Wells Fargo & Company reduced their target price 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. Daiwa Securities Group reduced their target price on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. JPMorgan Chase & Co. increased their price target on shares of S&P Global from $530.00 to $550.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Evercore reduced their price target on shares of S&P Global from $625.00 to $560.00 and set an “outperform” rating for the company in a research report on Thursday, April 16th. Finally, BMO Capital Markets increased their price target on shares of S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, March 17th. Seventeen analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $546.39.

Insider Buying and Selling at S&P Global

In other S&P Global news, Director Robert Edward Jr. Moritz acquired 1,152 shares of the company’s stock in a transaction 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 acquisition, the director directly owned 1,152 shares in the company, valued at $500,002.56. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Catherine R. Clay acquired 2,500 shares of the company’s stock in a transaction 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 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. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 5,974 shares of company stock valued at $2,576,775 over the last three months. 0.03% of the stock is currently owned by insiders.

S&P Global Price Performance

SPGI opened at $413.71 on Friday. The firm has a market cap of $122.46 billion, a P/E ratio of 26.18, a PEG ratio of 1.82 and a beta of 1.08. The firm has a 50-day moving average of $424.96 and a 200 day moving average of $459.21. 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 Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, beating the consensus estimate of $4.82 by $0.15. The company 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%. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, research analysts expect that S&P Global Inc. will post 19.61 EPS for the current year.

S&P Global Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th were issued a dividend of $0.97 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio is 24.56%.

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.