S&P Global Inc. $SPGI Stock Holdings Increased by Interval Partners LP

Interval Partners LP raised its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 238.8% during the 4th quarter, Holdings Channel reports. The fund owned 47,549 shares of the business services provider’s stock after purchasing an additional 33,514 shares during the period. Interval Partners LP’s holdings in S&P Global were worth $24,849,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Joseph Group Capital Management bought a new stake in shares of S&P Global in the 4th quarter worth $29,000. North Star Investment Management Corp. raised its stake in shares of S&P Global by 134.6% in the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after buying an additional 35 shares in the last quarter. Palladiem LLC bought a new stake in shares of S&P Global in the 4th quarter worth $36,000. Palisade Asset Management LLC bought a new stake in shares of S&P Global in the 3rd quarter worth $36,000. Finally, Ameriflex Group Inc. raised its stake in shares of S&P Global by 171.4% in the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after buying an additional 48 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Down 3.6%

Shares of S&P Global stock opened at $417.85 on Thursday. The stock’s fifty day moving average is $424.42 and its 200-day moving average is $457.23. The firm has a market capitalization of $123.68 billion, a PE ratio of 26.45, a price-to-earnings-growth ratio of 1.85 and a beta of 1.08. 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 12-month low of $381.61 and a 12-month 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, topping analysts’ consensus estimates of $4.82 by $0.15. The company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.S&P Global’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities analysts anticipate that S&P Global Inc. will post 19.61 earnings per share for the current year.

S&P Global Dividend Announcement

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

Insider Activity

In other S&P Global news, CEO Catherine R. Clay purchased 2,500 shares of the stock in a transaction dated Friday, May 1st. The shares were acquired at an average price 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 $1,078,475. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Martina Cheung purchased 2,322 shares of the stock in a transaction dated Wednesday, April 29th. The shares were acquired at an average price of $429.93 per share, for a total transaction of $998,297.46. Following the acquisition, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at $11,830,813.74. This represents a 9.22% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have acquired 5,974 shares of company stock worth $2,576,775. 0.03% of the stock is owned by corporate insiders.

Analyst Ratings Changes

SPGI has been the topic of a number of recent analyst reports. Morgan Stanley boosted their target price on S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Weiss Ratings lowered S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, March 11th. Evercore cut their target price on S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a research report on Thursday, April 16th. Mizuho boosted their target price on S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Finally, BMO Capital Markets boosted their target price on S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 17th. Seventeen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $546.39.

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.