Northwestern Mutual Wealth Management Co. Raises Holdings in S&P Global Inc. $SPGI

Northwestern Mutual Wealth Management Co. grew its position in S&P Global Inc. (NYSE:SPGI) by 2.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 109,736 shares of the business services provider’s stock after purchasing an additional 2,154 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in S&P Global were worth $57,347,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Joseph Group Capital Management purchased a new stake in shares of S&P Global in the 4th quarter worth $29,000. North Star Investment Management Corp. lifted its stake in shares of S&P Global by 134.6% during the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after purchasing an additional 35 shares during the last quarter. Palisade Asset Management LLC purchased a new stake in shares of S&P Global during the 3rd quarter worth $36,000. Ameriflex Group Inc. lifted its stake in shares of 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 during the last quarter. Finally, Ares Financial Consulting LLC purchased a new stake in shares of S&P Global during the 4th quarter worth $40,000. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at S&P Global

In other S&P Global news, Director Robert Edward Jr. Moritz purchased 1,152 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was bought at an average cost of $434.03 per share, for a total transaction of $500,002.56. Following the completion of the purchase, the director owned 1,152 shares in the company, valued at $500,002.56. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Martina Cheung acquired 2,322 shares of the business’s stock in a transaction dated Wednesday, April 29th. The stock was purchased at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the acquisition, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at approximately $11,830,813.74. This trade represents a 9.22% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders acquired 5,974 shares of company stock worth $2,576,775. 0.03% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. BMO Capital Markets upped their price objective on S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 17th. Robert W. Baird set a $546.00 price objective on S&P Global in a research note on Wednesday, February 11th. Evercore decreased their price objective on S&P Global from $625.00 to $560.00 and set an “outperform” rating for the company in a research note on Thursday, April 16th. Rothschild & Co Redburn decreased their price objective on S&P Global from $585.00 to $540.00 in a research note on Thursday, May 7th. Finally, Daiwa Securities Group decreased their price objective on 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. Seventeen analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $546.39.

S&P Global Trading Up 1.5%

S&P Global stock opened at $423.86 on Friday. The stock has a 50-day moving average of $424.42 and a two-hundred day moving average of $464.04. 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 one year low of $381.61 and a one year high of $579.05. The stock has a market cap of $125.46 billion, a PE ratio of 26.83, a price-to-earnings-growth ratio of 1.81 and a beta of 1.11.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. During the same period last year, the business posted $4.37 earnings per share. The firm’s revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, research analysts anticipate that S&P Global Inc. will post 19.61 EPS for the current fiscal year.

S&P Global Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th will be paid a $0.97 dividend. The ex-dividend date is Friday, May 29th. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is 24.56%.

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.