2,245 Shares in S&P Global Inc. $SPGI Bought by Sun Financial Inc

Sun Financial Inc acquired a new position in shares of S&P Global Inc. (NYSE:SPGI) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 2,245 shares of the business services provider’s stock, valued at approximately $1,173,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Avidian Wealth Enterprises LLC lifted its position in shares of S&P Global by 12.6% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 615 shares of the business services provider’s stock worth $321,000 after buying an additional 69 shares during the last quarter. Core Alternative Capital lifted its position in shares of S&P Global by 4,362.5% during the 4th quarter. Core Alternative Capital now owns 357 shares of the business services provider’s stock worth $187,000 after buying an additional 349 shares during the last quarter. Oak Harbor Wealth Partners LLC lifted its position in shares of S&P Global by 10.9% during the 4th quarter. Oak Harbor Wealth Partners LLC now owns 1,688 shares of the business services provider’s stock worth $882,000 after buying an additional 166 shares during the last quarter. Pittenger & Anderson Inc. lifted its position in shares of S&P Global by 0.9% during the 4th quarter. Pittenger & Anderson Inc. now owns 52,265 shares of the business services provider’s stock worth $27,313,000 after buying an additional 485 shares during the last quarter. Finally, CX Institutional lifted its position in shares of S&P Global by 3.1% during the 4th quarter. CX Institutional now owns 14,913 shares of the business services provider’s stock worth $7,794,000 after buying an additional 448 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other S&P Global news, CEO Martina Cheung bought 2,322 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The stock was acquired at an average price of $429.93 per share, with a total value of $998,297.46. Following the completion of the purchase, 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. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 0.03% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. The Goldman Sachs Group restated a “buy” rating on shares of S&P Global in a research report on Tuesday, April 28th. Robert W. Baird set a $546.00 target price on S&P Global in a research report on Wednesday, February 11th. Barclays reissued an “overweight” rating and issued a $565.00 price target on shares of S&P Global in a research note on Monday, February 23rd. Royal Bank Of Canada decreased their price target on 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. Finally, UBS Group decreased their price target on S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $550.44.

S&P Global Trading Up 0.1%

Shares of SPGI stock opened at $426.29 on Monday. The stock has a market cap of $126.18 billion, a price-to-earnings ratio of 26.98, a PEG ratio of 1.82 and a beta of 1.11. The stock has a 50-day moving average of $430.38 and a 200-day moving average of $473.23. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. S&P Global Inc. has a 1-year low of $381.61 and a 1-year 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 EPS for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $4.08 billion. During the same quarter last year, the firm posted $4.37 earnings per share. The firm’s revenue 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, equities research analysts forecast that S&P Global Inc. will post 19.58 earnings per share for the current year.

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.