Heartland Bank & Trust Co Sells 1,769 Shares of S&P Global Inc. $SPGI

Heartland Bank & Trust Co lessened its stake in shares of S&P Global Inc. (NYSE:SPGI) by 70.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 754 shares of the business services provider’s stock after selling 1,769 shares during the period. Heartland Bank & Trust Co’s holdings in S&P Global were worth $394,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SPGI. Principal Financial Group Inc. lifted its stake in shares of S&P Global by 1.5% in the 4th quarter. Principal Financial Group Inc. now owns 344,476 shares of the business services provider’s stock valued at $180,020,000 after purchasing an additional 4,983 shares during the period. QRG Capital Management Inc. raised its stake in S&P Global by 6.1% during the 4th quarter. QRG Capital Management Inc. now owns 24,680 shares of the business services provider’s stock worth $12,897,000 after buying an additional 1,410 shares during the period. Guardian Wealth Advisors LLC raised its stake in S&P Global by 2.2% during the 4th quarter. Guardian Wealth Advisors LLC now owns 1,831 shares of the business services provider’s stock worth $957,000 after buying an additional 39 shares during the period. Pinnacle Wealth Management Advisory Group LLC raised its stake in S&P Global by 6.7% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,114 shares of the business services provider’s stock worth $582,000 after buying an additional 70 shares during the period. Finally, FWG Holdings LLC acquired a new position in S&P Global during the 4th quarter worth approximately $524,000. 87.17% of the stock is owned by institutional investors and hedge funds.

S&P Global Stock Performance

SPGI stock opened at $424.52 on Tuesday. The firm has a market cap of $125.66 billion, a PE ratio of 26.87, a P/E/G ratio of 1.82 and a beta of 1.11. 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 has a 50 day moving average of $430.38 and a 200-day moving average of $473.23. 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 released its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.82 by $0.15. The company had revenue of $4.17 billion during 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 quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the company posted $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, sell-side analysts expect that S&P Global Inc. will post 19.58 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on SPGI shares. Weiss Ratings downgraded S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 11th. UBS Group dropped their price target on S&P Global from $620.00 to $550.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. Evercore dropped their price target on S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a research note on Thursday, April 16th. Stifel Nicolaus dropped their price target on S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Finally, Wells Fargo & Company decreased their price objective on S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $550.44.

Insider Buying and Selling at S&P Global

In other news, Director Robert Edward Jr. Moritz acquired 1,152 shares of S&P Global stock in a transaction on Thursday, April 30th. The stock was acquired at an average cost of $434.03 per share, with a total value of $500,002.56. Following the completion of the acquisition, the director owned 1,152 shares in the company, valued at approximately $500,002.56. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Catherine R. Clay purchased 2,500 shares of the stock in a transaction on Friday, May 1st. The shares were purchased at an average price of $431.39 per share, for a total transaction of $1,078,475.00. Following the transaction, the chief executive officer directly owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. This represents a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders bought 5,974 shares of company stock valued at $2,576,775. Company insiders own 0.03% of the company’s stock.

About S&P Global

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.