Meadowbrook Advisors Group LLC Invests $672,000 in S&P Global Inc. $SPGI

Meadowbrook Advisors Group LLC bought a new position in S&P Global Inc. (NYSE:SPGI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,285 shares of the business services provider’s stock, valued at approximately $672,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPGI. Joseph Group Capital Management acquired a new stake in S&P Global during the fourth quarter worth about $29,000. North Star Investment Management Corp. raised its holdings in shares of S&P Global by 134.6% in the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after purchasing an additional 35 shares during the period. Palladiem LLC acquired a new position in shares of S&P Global in the 4th quarter valued at about $36,000. Palisade Asset Management LLC acquired a new position in shares of S&P Global in the 3rd quarter valued at about $36,000. Finally, Ameriflex Group Inc. grew its holdings in shares of 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 purchasing an additional 48 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

Insider Buying and Selling 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 shares were acquired at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the completion of the transaction, the chief executive officer owned 2,500 shares in the company, valued at approximately $1,078,475. This trade represents a ? increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of the firm’s 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 completion of the purchase, the director directly owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. This trade represents a ? increase in their position. 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 90 days. 0.03% of the stock is owned by corporate insiders.

S&P Global Trading Up 0.1%

Shares of SPGI opened at $411.32 on Friday. S&P Global Inc. has a 12 month low of $381.61 and a 12 month high of $579.05. The stock’s 50-day moving average is $423.56 and its two-hundred day moving average is $456.29. 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 stock has a market cap of $121.75 billion, a PE ratio of 26.03, a P/E/G ratio of 1.75 and a beta of 1.08.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. The business had revenue of $4.17 billion during the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter last year, the firm earned $4.37 earnings per share. 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 Announces Dividend

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

Wall Street Analysts Forecast Growth

SPGI has been the subject of a number of research analyst reports. 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 research report on Tuesday, March 17th. UBS Group reaffirmed a “buy” rating on shares of S&P Global in a research report on Wednesday, May 27th. Rothschild & Co Redburn decreased their price objective on shares of S&P Global from $540.00 to $520.00 and set a “buy” rating for the company in a research note on Thursday. Barclays reiterated an “overweight” rating and set a $565.00 price objective on shares of S&P Global in a research note on Monday, February 23rd. Finally, Weiss Ratings lowered shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, March 11th. Eighteen analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, S&P Global currently has a consensus rating of “Moderate Buy” and an average target price of $545.28.

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.