Wellspring Financial Advisors LLC Buys 1,490 Shares of S&P Global Inc. $SPGI

Wellspring Financial Advisors LLC grew its stake in S&P Global Inc. (NYSE:SPGI) by 211.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,193 shares of the business services provider’s stock after purchasing an additional 1,490 shares during the quarter. Wellspring Financial Advisors LLC’s holdings in S&P Global were worth $1,146,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SPGI. Joseph Group Capital Management bought a new position in shares of S&P Global in the fourth quarter valued at approximately $29,000. North Star Investment Management Corp. lifted its holdings in shares of S&P Global by 134.6% in the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 35 shares in the last quarter. Palladiem LLC bought a new position in shares of S&P Global in the fourth quarter valued at approximately $36,000. Palisade Asset Management LLC bought a new position in shares of S&P Global in the third quarter valued at approximately $36,000. Finally, Ameriflex Group Inc. lifted its holdings in shares of S&P Global by 171.4% in the third quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 48 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Performance

NYSE:SPGI opened at $427.06 on Thursday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. The business has a fifty day simple moving average of $425.19 and a two-hundred day simple moving average of $459.77. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. The company has a market capitalization of $126.41 billion, a P/E ratio of 27.03, a P/E/G ratio of 1.81 and a beta of 1.08.

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 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 business had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.08 billion. During the same period last year, the business posted $4.37 earnings per share. The business’s revenue for the quarter 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, analysts expect that S&P Global Inc. will post 19.61 earnings per share for the current year.

S&P Global Announces Dividend

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

Insiders Place Their Bets

In other news, CEO Martina Cheung bought 2,322 shares of the firm’s stock in a transaction on Wednesday, April 29th. The stock was acquired at an average cost of $429.93 per share, with a total value of $998,297.46. Following the completion of the transaction, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at $11,830,813.74. This represents a 9.22% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of the firm’s stock in a transaction 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 transaction, the director directly owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. The trade was a ? increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 5,974 shares of company stock valued at $2,576,775 over the last ninety days. 0.03% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages recently commented on SPGI. Stifel Nicolaus decreased their price target on S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Mizuho increased their price target 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. Jefferies Financial Group increased their price target on S&P Global from $500.00 to $535.00 and gave the company a “buy” rating in a research report on Monday, April 27th. BMO Capital Markets increased their price target on S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, March 17th. Finally, Evercore decreased their price target on S&P Global from $625.00 to $560.00 and set an “outperform” rating for the company in a research report on Thursday, April 16th. Seventeen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, S&P Global presently has a consensus rating of “Moderate Buy” and an average target price of $546.39.

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.