Northwestern Mutual Wealth Management Co. Buys 2,154 Shares of S&P Global Inc. $SPGI

Northwestern Mutual Wealth Management Co. increased its stake in shares of S&P Global Inc. (NYSE:SPGI) by 2.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 109,736 shares of the business services provider’s stock after purchasing an additional 2,154 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in S&P Global were worth $57,347,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Joseph Group Capital Management bought a new position in shares of S&P Global during the 4th quarter valued at approximately $29,000. North Star Investment Management Corp. increased its position in shares of 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 valued at $32,000 after purchasing an additional 35 shares during the last quarter. Palisade Asset Management LLC bought a new position in shares of S&P Global during the 3rd quarter valued at approximately $36,000. Ameriflex Group Inc. increased its position 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 valued at $37,000 after purchasing an additional 48 shares during the last quarter. Finally, Ares Financial Consulting LLC bought a new position in shares of S&P Global during the 4th quarter valued at approximately $40,000. Institutional investors own 87.17% of the company’s stock.

Insider Buying and Selling at S&P Global

In other news, CEO Martina Cheung bought 2,322 shares of the stock in a transaction on Wednesday, April 29th. The stock was acquired at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the acquisition, the chief executive officer owned 27,518 shares of the company’s stock, valued at $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 can be accessed through this link. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of the stock in a transaction on 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 acquisition, the director directly owned 1,152 shares in the company, valued at approximately $500,002.56. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 5,974 shares of company stock valued at $2,576,775 in the last quarter. 0.03% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on SPGI. The Goldman Sachs Group reissued a “buy” rating on shares of S&P Global in a research report on Tuesday, April 28th. Royal Bank Of Canada cut their target price on S&P Global from $620.00 to $560.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 11th. JPMorgan Chase & Co. boosted their target price on S&P Global from $530.00 to $550.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Evercore cut their target price on S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a research report on Thursday, April 16th. Finally, Stifel Nicolaus cut their price objective on S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Seventeen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $546.39.

S&P Global Stock Performance

Shares of S&P Global stock opened at $423.86 on Friday. The stock’s fifty day moving average is $424.42 and its two-hundred day moving average is $464.04. The company has a market capitalization of $125.46 billion, a PE ratio of 26.83, a price-to-earnings-growth ratio of 1.81 and a beta of 1.11. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.34. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, beating the consensus estimate of $4.82 by $0.15. The company had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.S&P Global’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, 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 disclosed 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 of this dividend is Friday, May 29th. S&P Global’s dividend payout ratio is 24.56%.

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.