Impact Partnership Wealth LLC Makes New Investment in S&P Global Inc. $SPGI

Impact Partnership Wealth LLC bought a new position in shares of S&P Global Inc. (NYSE:SPGI) during the 4th quarter, Holdings Channel.com reports. The fund bought 1,510 shares of the business services provider’s stock, valued at approximately $789,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPGI. Joseph Group Capital Management acquired a new position in S&P Global during the 4th quarter worth approximately $29,000. North Star Investment Management Corp. increased its position in S&P Global by 134.6% during 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. Palisade Asset Management LLC acquired a new position in S&P Global during the 3rd quarter worth approximately $36,000. Ameriflex Group Inc. increased its position in 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. Finally, Ares Financial Consulting LLC purchased a new stake in shares of S&P Global during the 4th quarter worth approximately $40,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

Insider Activity at S&P Global

In related news, CEO Catherine R. Clay bought 2,500 shares of S&P Global stock in a transaction that occurred on Friday, May 1st. The shares were purchased at an average price of $431.39 per share, with a total value of $1,078,475.00. Following the purchase, the chief executive officer owned 2,500 shares in the company, valued at $1,078,475. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of S&P Global stock in a transaction that occurred on Thursday, April 30th. The stock was bought at an average cost of $434.03 per share, for a total transaction of $500,002.56. Following the purchase, the director owned 1,152 shares in the company, valued at $500,002.56. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have purchased 5,974 shares of company stock valued at $2,576,775. 0.03% of the stock is owned by corporate insiders.

S&P Global Price Performance

Shares of NYSE:SPGI opened at $423.86 on Friday. The business’s 50 day simple moving average is $424.42 and its 200-day simple moving average is $464.04. The firm has a market capitalization of $125.46 billion, a price-to-earnings ratio of 26.83, a price-to-earnings-growth ratio of 1.81 and a beta of 1.11. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. S&P Global Inc. has a 12 month low of $381.61 and a 12 month high of $579.05.

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. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The firm had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same quarter in the prior year, the company earned $4.37 EPS. S&P Global’s revenue 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, 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 announced 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. The ex-dividend date of this dividend is Friday, May 29th. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. S&P Global’s dividend payout ratio is presently 24.56%.

Wall Street Analyst Weigh In

SPGI has been the topic of several research analyst reports. Rothschild & Co Redburn decreased their price target on S&P Global from $585.00 to $540.00 in a research note on Thursday, May 7th. The Goldman Sachs Group reissued a “buy” rating on shares of S&P Global in a research note on Tuesday, April 28th. UBS Group reissued a “buy” rating on shares of S&P Global in a research note on Wednesday. Stifel Nicolaus decreased their price target on S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Finally, Morgan Stanley boosted their price target on S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Seventeen equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, S&P Global presently has an average rating of “Moderate Buy” and a consensus price target of $546.39.

S&P Global Company 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.