Kampmann Melissa S. Sells 2,799 Shares of S&P Global Inc. $SPGI

Kampmann Melissa S. reduced its stake in shares of S&P Global Inc. (NYSE:SPGI) by 50.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,797 shares of the business services provider’s stock after selling 2,799 shares during the period. Kampmann Melissa S.’s holdings in S&P Global were worth $1,139,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. United Community Bank boosted its holdings in shares of S&P Global by 24.6% in the second quarter. United Community Bank now owns 1,567 shares of the business services provider’s stock valued at $638,000 after buying an additional 309 shares during the period. Concurrent Investment Advisors LLC raised its holdings in shares of S&P Global by 3.2% during the second quarter. Concurrent Investment Advisors LLC now owns 14,848 shares of the business services provider’s stock worth $6,047,000 after acquiring an additional 463 shares during the period. NEOS Investment Management LLC lifted its position in S&P Global by 12.6% in the 2nd quarter. NEOS Investment Management LLC now owns 49,481 shares of the business services provider’s stock valued at $20,152,000 after acquiring an additional 5,543 shares in the last quarter. iSAM Funds UK Ltd lifted its position in S&P Global by 22.1% in the 2nd quarter. iSAM Funds UK Ltd now owns 1,120 shares of the business services provider’s stock valued at $456,000 after acquiring an additional 203 shares in the last quarter. Finally, Strengthening Families & Communities LLC boosted its stake in S&P Global by 8.7% in the 2nd quarter. Strengthening Families & Communities LLC now owns 3,036 shares of the business services provider’s stock worth $1,236,000 after purchasing an additional 243 shares during the period. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Up 4.3%

Shares of SPGI stock opened at $450.40 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.40. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $552.25. The firm’s fifty day moving average price is $427.63 and its two-hundred day moving average price is $425.27. The firm has a market capitalization of $132.78 billion, a P/E ratio of 27.50, a PEG ratio of 2.08 and a beta of 1.07.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 EPS for the quarter, topping the consensus estimate of $4.81 by $0.02. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The firm had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $4.09 billion. During the same period in the previous year, the firm posted $4.43 EPS. The company’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 17.500-17.750 EPS. On average, equities analysts predict that S&P Global Inc. will post 17.75 EPS for the current fiscal year.

S&P Global Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be issued a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, August 26th. S&P Global’s dividend payout ratio is presently 23.69%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on SPGI shares. Bank of America lowered their target price on S&P Global from $575.00 to $550.00 and set a “buy” rating for the company in a report on Friday, July 10th. Citigroup upped their price objective on S&P Global from $454.00 to $500.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. BMO Capital Markets increased their price objective on S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a report on Tuesday, July 7th. The Goldman Sachs Group dropped their target price on S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Finally, Barclays cut their target price on S&P Global from $555.00 to $553.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. Eighteen research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $523.59.

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.