Landscape Capital Management L.L.C. Buys 3,093 Shares of S&P Global Inc. $SPGI

Landscape Capital Management L.L.C. raised its stake in shares of S&P Global Inc. (NYSE:SPGI) by 193.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,693 shares of the business services provider’s stock after purchasing an additional 3,093 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in S&P Global were worth $2,453,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in SPGI. Joseph Group Capital Management bought a new position in shares of S&P Global during the 4th quarter worth about $29,000. North Star Investment Management Corp. increased its stake in S&P Global by 134.6% in the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 35 shares during the period. Palladiem LLC bought a new stake in S&P Global in the fourth quarter valued at about $36,000. Palisade Asset Management LLC bought a new stake in S&P Global in the third quarter valued at about $36,000. Finally, Ameriflex Group Inc. increased its stake in S&P Global by 171.4% in the third quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock valued at $37,000 after acquiring an additional 48 shares during the period. Institutional investors own 87.17% of the company’s stock.

Insider Activity at S&P Global

In other S&P Global news, CEO Catherine R. Clay acquired 2,500 shares of the business’s stock in a transaction that occurred 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 directly owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert Edward Jr. Moritz acquired 1,152 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was acquired at an average price of $434.03 per share, for a total transaction of $500,002.56. Following the completion of the acquisition, the director directly owned 1,152 shares of the company’s stock, valued at $500,002.56. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired 5,974 shares of company stock worth $2,576,775 over the last ninety days. Company insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on SPGI shares. Barclays reissued an “overweight” rating and issued a $565.00 target price on shares of S&P Global in a research note on Monday, February 23rd. Morgan Stanley upped their target price on shares of S&P Global from $556.00 to $557.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Evercore lowered their target price on shares of S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a research note on Thursday, April 16th. Daiwa Securities Group lowered their target price on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. Finally, UBS Group reissued a “buy” rating on shares of S&P Global in a research note on Wednesday, May 27th. Seventeen research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $546.39.

S&P Global Price Performance

Shares of SPGI stock opened at $419.53 on Monday. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. The firm’s 50 day moving average is $424.82 and its 200-day moving average is $458.71. The firm has a market capitalization of $124.18 billion, a price-to-earnings ratio of 26.55, a PEG ratio of 1.79 and a beta of 1.08. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34.

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, topping analysts’ consensus estimates of $4.82 by $0.15. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same period in the prior year, the business earned $4.37 earnings per share. S&P Global’s quarterly 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. Sell-side analysts forecast that S&P Global Inc. will post 19.61 EPS for the current fiscal year.

S&P Global Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th were given a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Friday, May 29th. S&P Global’s dividend payout ratio is presently 24.56%.

S&P Global Company 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.