S&P Global Inc. $SPGI Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. cut its stake in shares of S&P Global Inc. (NYSE:SPGI) by 17.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 937,783 shares of the business services provider’s stock after selling 199,140 shares during the period. Franklin Resources Inc.’s holdings in S&P Global were worth $490,076,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Erste Asset Management GmbH lifted its stake in S&P Global by 64.1% during the fourth quarter. Erste Asset Management GmbH now owns 264,741 shares of the business services provider’s stock worth $139,398,000 after purchasing an additional 103,425 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of S&P Global by 2.4% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 73,966 shares of the business services provider’s stock valued at $38,654,000 after buying an additional 1,748 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in shares of S&P Global in the fourth quarter valued at $816,000. Locust Wood Capital Advisers LLC raised its holdings in shares of S&P Global by 9.0% in the 4th quarter. Locust Wood Capital Advisers LLC now owns 311,932 shares of the business services provider’s stock valued at $163,012,000 after buying an additional 25,699 shares during the period. Finally, Palladiem LLC acquired a new position in S&P Global during the 4th quarter worth about $36,000. 87.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Robert W. Baird set a $546.00 target price on S&P Global in a research report on Wednesday, February 11th. Stifel Nicolaus lowered their price objective on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Weiss Ratings cut shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, March 11th. JPMorgan Chase & Co. upped their target price on shares of S&P Global from $530.00 to $550.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of S&P Global in a research report on Tuesday, April 28th. Seventeen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, S&P Global currently has an average rating of “Moderate Buy” and a consensus price target of $546.39.

Insider Transactions at S&P Global

In other news, CEO Martina Cheung bought 2,322 shares of the stock in a transaction that occurred on Wednesday, April 29th. The stock was purchased at an average price of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the purchase, 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 position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Catherine R. Clay purchased 2,500 shares of the business’s stock in a transaction on Friday, May 1st. The stock was acquired at an average price of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the purchase, the chief executive officer owned 2,500 shares of the company’s stock, valued at $1,078,475. This represents a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders bought 5,974 shares of company stock valued at $2,576,775. Insiders own 0.03% of the company’s stock.

S&P Global Price Performance

SPGI stock opened at $417.22 on Tuesday. The business’s 50-day moving average is $424.64 and its two-hundred day moving average is $460.68. 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 firm has a market capitalization of $123.50 billion, a P/E ratio of 26.41, a P/E/G ratio of 1.81 and a beta of 1.08. 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 announced its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, topping analysts’ consensus estimates of $4.82 by $0.15. The business had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The business’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the previous year, the company posted $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Analysts anticipate that S&P Global Inc. will post 19.61 earnings per share for the current fiscal year.

S&P Global Announces Dividend

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

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.