Quadcap Wealth Management LLC Sells 1,361 Shares of S&P Global Inc. $SPGI

Quadcap Wealth Management LLC lessened its stake in S&P Global Inc. (NYSE:SPGI) by 35.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,454 shares of the business services provider’s stock after selling 1,361 shares during the quarter. Quadcap Wealth Management LLC’s holdings in S&P Global were worth $1,044,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Dorsey Asset Management LLC acquired a new stake in S&P Global in the 1st quarter valued at approximately $94,716,000. Troy Asset Management Ltd boosted its position in S&P Global by 26.2% during the 4th quarter. Troy Asset Management Ltd now owns 41,706 shares of the business services provider’s stock worth $21,795,000 after acquiring an additional 8,652 shares during the last quarter. Capital International Inc. CA boosted its position in S&P Global by 11.6% during the 4th quarter. Capital International Inc. CA now owns 70,716 shares of the business services provider’s stock worth $36,955,000 after acquiring an additional 7,343 shares during the last quarter. V Square Quantitative Management LLC bought a new position in shares of S&P Global during the 4th quarter worth approximately $3,652,000. Finally, Dakota Wealth Management acquired a new stake in shares of S&P Global in the fourth quarter valued at approximately $1,578,000. Institutional investors own 87.17% of the company’s stock.

Insider Buying and Selling at S&P Global

In other news, Director Robert Edward Jr. Moritz purchased 1,152 shares of the business’s stock in a transaction on Thursday, April 30th. The stock was purchased 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 directly owned 1,152 shares in the company, valued at $500,002.56. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Martina Cheung acquired 2,322 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was purchased at an average cost of $429.93 per share, with a total value of $998,297.46. Following the transaction, 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 ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 5,974 shares of company stock worth $2,576,775 over the last quarter. 0.03% of the stock is currently owned by insiders.

S&P Global Trading Down 0.0%

Shares of S&P Global stock opened at $426.19 on Monday. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $579.05. The stock has a market cap of $126.15 billion, a P/E ratio of 26.97, a P/E/G ratio of 2.16 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 business’s 50 day moving average is $423.27 and its 200-day moving average is $441.46.

S&P Global (NYSE:SPGI) last released its quarterly earnings data 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 company had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter in the prior year, the firm posted $4.37 EPS. The firm’s revenue for the quarter 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. Equities research analysts predict that S&P Global Inc. will post 18.37 earnings per share for the current fiscal year.

S&P Global Announces Dividend

The company 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. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global’s dividend payout ratio is 24.56%.

Analyst Ratings Changes

SPGI has been the topic of a number of research reports. Wells Fargo & Company cut their price objective on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating on the stock in a research report on Monday, April 13th. Morgan Stanley decreased their target price on shares of S&P Global from $557.00 to $525.00 and set an “overweight” rating for the company in a research report on Tuesday, July 7th. Stifel Nicolaus lifted their price target on shares of S&P Global from $489.00 to $521.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Wall Street Zen raised shares of S&P Global to a “hold” rating in a research report on Saturday, July 4th. Finally, BMO Capital Markets increased their price objective on shares of S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 7th. Eighteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, S&P Global presently has a consensus rating of “Moderate Buy” and a consensus price target of $533.59.

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.