S&P Global Inc. $SPGI Shares Purchased by TRB Advisors LP

TRB Advisors LP grew its position in shares of S&P Global Inc. (NYSE:SPGI) by 200.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,000 shares of the business services provider’s stock after acquiring an additional 20,000 shares during the quarter. S&P Global accounts for 3.7% of TRB Advisors LP’s holdings, making the stock its 7th biggest position. TRB Advisors LP’s holdings in S&P Global were worth $15,678,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp raised its stake in shares of S&P Global by 17.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 66,809 shares of the business services provider’s stock worth $32,541,000 after purchasing an additional 10,044 shares in the last quarter. Prime Capital Investment Advisors LLC raised its stake in shares of S&P Global by 324.8% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 28,094 shares of the business services provider’s stock worth $13,673,000 after purchasing an additional 21,481 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of S&P Global by 3.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 938,251 shares of the business services provider’s stock worth $456,656,000 after purchasing an additional 30,080 shares in the last quarter. Collier Financial bought a new stake in shares of S&P Global during the 3rd quarter worth approximately $2,865,000. Finally, Candriam S.C.A. raised its stake in shares of S&P Global by 13.4% during the 3rd quarter. Candriam S.C.A. now owns 124,659 shares of the business services provider’s stock worth $60,673,000 after purchasing an additional 14,700 shares in the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Stock Up 0.7%

SPGI opened at $418.58 on Friday. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05. The stock’s fifty day simple moving average is $425.23 and its 200 day simple moving average is $466.77. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. The stock has a market cap of $123.90 billion, a PE ratio of 26.49, a price-to-earnings-growth ratio of 1.78 and a beta of 1.11.

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 for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The business had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.08 billion. During the same quarter in the prior year, the business earned $4.37 EPS. The firm’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. As a group, research analysts expect that S&P Global Inc. will post 19.61 earnings per share for the current year.

S&P Global Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on SPGI shares. The Goldman Sachs Group reiterated a “buy” rating on shares of S&P Global in a research note on Tuesday, April 28th. Daiwa Securities Group dropped their price objective on S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research note on Wednesday. Bank of America started coverage on S&P Global in a research note on Tuesday, February 17th. They set a “buy” rating and a $575.00 price objective on the stock. Weiss Ratings cut S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 11th. Finally, JPMorgan Chase & Co. increased their price target on S&P Global from $530.00 to $550.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Seventeen research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $546.39.

Insider Activity at S&P Global

In other news, CEO Martina Cheung acquired 2,322 shares of the stock in a transaction on Wednesday, April 29th. The shares were purchased at an average price of $429.93 per share, for a total transaction of $998,297.46. Following the transaction, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at approximately $11,830,813.74. This represents a 9.22% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Catherine R. Clay acquired 2,500 shares of the stock in a transaction on Friday, May 1st. The shares were purchased at an average price of $431.39 per share, for a total transaction of $1,078,475.00. Following the transaction, the chief executive officer directly owned 2,500 shares in the company, valued at approximately $1,078,475. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have acquired 5,974 shares of company stock worth $2,576,775. Company insiders own 0.03% of the company’s stock.

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.