S&P Global Inc. $SPGI Shares Sold by Triglav Investments D.O.O.

Triglav Investments D.O.O. reduced its stake in S&P Global Inc. (NYSE:SPGI) by 63.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,000 shares of the business services provider’s stock after selling 1,750 shares during the quarter. Triglav Investments D.O.O.’s holdings in S&P Global were worth $523,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in SPGI. Joseph Group Capital Management acquired a new stake in S&P Global during the 4th quarter worth approximately $29,000. North Star Investment Management Corp. lifted its holdings in S&P Global by 134.6% during the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after buying an additional 35 shares in the last quarter. Palisade Asset Management LLC acquired a new stake in S&P Global during the 3rd quarter worth approximately $36,000. Ameriflex Group Inc. lifted its holdings in S&P Global by 171.4% during the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after buying an additional 48 shares in the last quarter. Finally, Ares Financial Consulting LLC acquired a new stake in S&P Global during the 4th quarter worth approximately $40,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at S&P Global

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on SPGI shares. Evercore reduced their target price on shares of S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a report on Thursday, April 16th. The Goldman Sachs Group reiterated a “buy” rating on shares of S&P Global in a report on Tuesday, April 28th. Morgan Stanley increased their target price on shares of S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. BMO Capital Markets increased their target price on shares of S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, March 17th. Finally, Rothschild & Co Redburn reduced their target price on shares of S&P Global from $585.00 to $540.00 in a report on Thursday, May 7th. Seventeen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, S&P Global has an average rating of “Moderate Buy” and a consensus target price of $546.39.

S&P Global Trading Up 1.5%

Shares of S&P Global stock opened at $423.86 on Friday. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. The company has a market capitalization of $125.46 billion, a P/E ratio of 26.83, a PEG ratio of 1.78 and a beta of 1.11. The company’s fifty day moving average is $424.42 and its two-hundred day moving average is $464.04.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.82 by $0.15. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The company 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 firm posted $4.37 EPS. S&P Global’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. Analysts forecast that S&P Global Inc. will post 19.61 earnings per share for the current year.

S&P Global Dividend Announcement

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

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.