1,189 Shares in S&P Global Inc. $SPGI Purchased by Gilpin Wealth Management LLC

Gilpin Wealth Management LLC purchased a new position in S&P Global Inc. (NYSE:SPGI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,189 shares of the business services provider’s stock, valued at approximately $621,000.

A number of other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in S&P Global by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 30,374,366 shares of the business services provider’s stock worth $15,873,340,000 after buying an additional 117,728 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of S&P Global by 4.6% during the third quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock valued at $3,033,003,000 after purchasing an additional 274,285 shares in the last quarter. Norges Bank bought a new position in shares of S&P Global during the fourth quarter valued at approximately $2,398,991,000. Capital International Investors increased its stake in shares of S&P Global by 43.6% during the fourth quarter. Capital International Investors now owns 3,037,912 shares of the business services provider’s stock valued at $1,587,910,000 after purchasing an additional 922,433 shares in the last quarter. Finally, Legal & General Group Plc increased its stake in shares of S&P Global by 3.2% during the third quarter. Legal & General Group Plc now owns 2,202,872 shares of the business services provider’s stock valued at $1,072,160,000 after purchasing an additional 67,868 shares in the last quarter. 87.17% of the stock is owned by institutional investors.

S&P Global Price Performance

Shares of SPGI opened at $427.06 on Thursday. The company has a market capitalization of $126.41 billion, a P/E ratio of 27.03, a price-to-earnings-growth ratio of 1.81 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. The firm has a 50 day moving average of $425.19 and a 200 day moving average of $459.77. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $579.05.

S&P Global (NYSE:SPGI) last issued its earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, beating 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 the consensus estimate of $4.08 billion. During the same period last year, the business posted $4.37 EPS. The company’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. As a group, equities research analysts anticipate that S&P Global Inc. will post 19.61 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

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

Insider Buying and Selling at S&P Global

In other S&P Global news, CEO Martina Cheung bought 2,322 shares of the business’s stock in a transaction on Wednesday, April 29th. The shares were acquired at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the purchase, the chief executive officer owned 27,518 shares in the company, valued at approximately $11,830,813.74. This trade represents a 9.22% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were acquired at an average price 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 approximately $500,002.56. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have acquired 5,974 shares of company stock worth $2,576,775. Insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on SPGI. Barclays reaffirmed an “overweight” rating and set a $565.00 target price on shares of S&P Global in a research note on Monday, February 23rd. Wells Fargo & Company decreased 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. UBS Group reaffirmed a “buy” rating on shares of S&P Global in a research note on Wednesday, May 27th. BMO Capital Markets raised their target price on shares of S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research note on Tuesday, March 17th. Finally, Royal Bank Of Canada decreased their target price on shares of S&P Global from $620.00 to $560.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. Seventeen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average 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.