Kepler Cheuvreux Suisse SA Sells 2,373 Shares of S&P Global Inc. $SPGI

Kepler Cheuvreux Suisse SA cut its holdings in S&P Global Inc. (NYSE:SPGI) by 63.7% in the 1st quarter, Holdings Channel.com reports. The firm owned 1,350 shares of the business services provider’s stock after selling 2,373 shares during the quarter. Kepler Cheuvreux Suisse SA’s holdings in S&P Global were worth $574,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of SPGI. Joseph Group Capital Management bought a new stake in shares of S&P Global during the fourth quarter worth $29,000. North Star Investment Management Corp. lifted its position in 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 valued at $32,000 after acquiring an additional 35 shares in the last quarter. Palladiem LLC acquired a new position in S&P Global in the 4th quarter worth $36,000. Palisade Asset Management LLC acquired a new position in S&P Global in the 3rd quarter worth $36,000. Finally, Ameriflex Group Inc. increased its holdings in S&P Global by 171.4% during the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after purchasing an additional 48 shares in the last quarter. 87.17% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on SPGI shares. The Goldman Sachs Group cut their price target on S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Mizuho lifted their target price on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. BMO Capital Markets boosted their target price on S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research note on Tuesday, March 17th. Weiss Ratings downgraded S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, March 11th. Finally, Wall Street Zen raised shares of S&P Global to a “hold” rating in a research note on Saturday. Seventeen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $540.65.

Insider Transactions at S&P Global

In related news, CEO Catherine R. Clay acquired 2,500 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were bought at an average price of $431.39 per share, for a total transaction of $1,078,475.00. Following the purchase, the chief executive officer directly owned 2,500 shares in the company, valued at approximately $1,078,475. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average cost of $434.03 per share, with a total value of $500,002.56. Following the completion of the purchase, the director directly owned 1,152 shares of the company’s stock, valued at $500,002.56. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 5,974 shares of company stock worth $2,576,775 in the last 90 days. Corporate insiders own 0.03% of the company’s stock.

S&P Global Trading Down 0.4%

S&P Global stock opened at $438.31 on Monday. The company has a market cap of $129.74 billion, a price-to-earnings ratio of 27.74, a P/E/G ratio of 1.88 and a beta of 1.08. The firm has a 50-day moving average of $419.23 and a 200-day moving average of $450.16. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05.

S&P Global (NYSE:SPGI) last released its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same quarter in the prior year, the company posted $4.37 earnings per share. S&P Global’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 analysts expect that S&P Global Inc. will post 19.61 earnings per share for the current fiscal year.

S&P Global Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be given a dividend of $0.97 per share. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s payout ratio is 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.