Rep. Rick W. Allen Sells S&P Global Inc. (NYSE:SPGI) Stock

Representative Rick W. Allen (Republican-Georgia) recently sold shares of S&P Global Inc. (NYSE:SPGI). In a filing disclosed on June 05th, the Representative disclosed that they had sold between $15,001 and $50,000 in S&P Global stock on April 16th. The trade occurred in the Representative’s “R.W. ALLEN & ASSOCIATES, INC. > RWA&A – SECURITIES” account.

Representative Rick W. Allen also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Intuit (NASDAQ:INTU) on 4/16/2026.
• Sold $15,001 – $50,000 in shares of Procter & Gamble (NYSE:PG) on 4/16/2026.
• Sold $15,001 – $50,000 in shares of Abbott Laboratories (NYSE:ABT) on 4/16/2026.
• Sold $50,001 – $100,000 in shares of Ameriprise Financial (NYSE:AMP) on 4/15/2026.

S&P Global Stock Performance

NYSE SPGI traded up $2.24 during midday trading on Wednesday, hitting $427.06. The company had a trading volume of 1,818,442 shares, compared to its average volume of 2,317,806. 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 stock has a market cap of $126.41 billion, a price-to-earnings ratio of 27.03, a P/E/G ratio of 1.78 and a beta of 1.08. The firm has a fifty day simple moving average of $425.00 and a two-hundred day simple moving average of $460.22. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results 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. The company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The business’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period last year, the business posted $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities analysts forecast that S&P Global Inc. will post 19.61 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

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

Insider Activity at S&P Global

In other news, CEO Catherine R. Clay purchased 2,500 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the acquisition, the chief executive officer directly owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. This trade represents a ? increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Robert Edward Jr. Moritz purchased 1,152 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were purchased 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 directly owned 1,152 shares in the company, valued at $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 in the last ninety days. Insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

SPGI has been the subject of a number of analyst reports. UBS Group reaffirmed a “buy” rating on shares of S&P Global in a report on Wednesday, May 27th. Bank of America initiated coverage on shares of S&P Global in a report on Tuesday, February 17th. They set a “buy” rating and a $575.00 price objective for the company. Rothschild & Co Redburn reduced their price objective on shares of S&P Global from $585.00 to $540.00 in a report on Thursday, May 7th. Barclays reaffirmed an “overweight” rating and set a $565.00 price objective on shares of S&P Global in a report on Monday, February 23rd. Finally, Weiss Ratings downgraded shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, March 11th. Seventeen analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $546.39.

Hedge Funds Weigh In On S&P Global

Several institutional investors have recently added to or reduced their stakes in the company. YANKCOM Partnership lifted its holdings in S&P Global by 7.9% during the 4th quarter. YANKCOM Partnership now owns 259 shares of the business services provider’s stock valued at $135,000 after purchasing an additional 19 shares during the last quarter. LeConte Wealth Management LLC lifted its holdings in S&P Global by 4.1% during the 4th quarter. LeConte Wealth Management LLC now owns 511 shares of the business services provider’s stock valued at $267,000 after purchasing an additional 20 shares during the last quarter. Elwood & Goetz Wealth Advisory Group LLC lifted its holdings in S&P Global by 3.3% during the 4th quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 632 shares of the business services provider’s stock valued at $330,000 after purchasing an additional 20 shares during the last quarter. Steigerwald Gordon & Koch Inc. lifted its holdings in S&P Global by 15.6% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 148 shares of the business services provider’s stock valued at $77,000 after purchasing an additional 20 shares during the last quarter. Finally, Centerpoint Advisors LLC lifted its holdings in S&P Global by 2.5% during the 3rd quarter. Centerpoint Advisors LLC now owns 859 shares of the business services provider’s stock valued at $418,000 after purchasing an additional 21 shares during the last quarter. 87.17% of the stock is owned by institutional investors.

About Representative Allen

Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia’s 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia’s 12th Congressional District. He won in the general election on November 5, 2024.

Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction.

After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.

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.