Aristotle Atlantic Partners LLC Sells 73,274 Shares of S&P Global Inc. $SPGI

Aristotle Atlantic Partners LLC decreased its position in S&P Global Inc. (NYSE:SPGI) by 88.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 9,604 shares of the business services provider’s stock after selling 73,274 shares during the period. Aristotle Atlantic Partners LLC’s holdings in S&P Global were worth $5,019,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in SPGI. YANKCOM Partnership lifted its holdings in S&P Global by 7.9% in the 4th quarter. YANKCOM Partnership now owns 259 shares of the business services provider’s stock worth $135,000 after buying an additional 19 shares during the period. LeConte Wealth Management LLC lifted its holdings in S&P Global by 4.1% in the 4th quarter. LeConte Wealth Management LLC now owns 511 shares of the business services provider’s stock worth $267,000 after buying an additional 20 shares during the period. Elwood & Goetz Wealth Advisory Group LLC lifted its holdings in S&P Global by 3.3% in the 4th quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 632 shares of the business services provider’s stock worth $330,000 after buying an additional 20 shares during the period. Steigerwald Gordon & Koch Inc. lifted its holdings in S&P Global by 15.6% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 148 shares of the business services provider’s stock worth $77,000 after buying an additional 20 shares during the period. Finally, Embree Financial Group lifted its holdings in S&P Global by 2.0% in the 4th quarter. Embree Financial Group now owns 1,090 shares of the business services provider’s stock worth $570,000 after buying an additional 21 shares during the period. Institutional investors own 87.17% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. The Goldman Sachs Group reissued a “buy” rating on shares of S&P Global in a research note on Tuesday, April 28th. Jefferies Financial Group increased their price target on shares of S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Daiwa Securities Group decreased their price target on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Morgan Stanley increased their price target on shares of S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, UBS Group reaffirmed a “buy” rating on shares of S&P Global in a research note on Wednesday, May 27th. Seventeen research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $546.39.

S&P Global Trading Down 3.6%

S&P Global stock opened at $417.85 on Thursday. 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 business’s fifty day simple moving average is $424.42 and its two-hundred day simple moving average is $457.23. S&P Global Inc. has a 12 month low of $381.61 and a 12 month high of $579.05. The company has a market capitalization of $123.68 billion, a price-to-earnings ratio of 26.45, a price-to-earnings-growth ratio of 1.85 and a beta of 1.08.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, topping analysts’ consensus estimates of $4.82 by $0.15. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The company had revenue of $4.17 billion during the quarter, compared to analyst estimates of $4.08 billion. During the same period in the previous 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, equities analysts predict 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 declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th were paid a $0.97 dividend. The ex-dividend date was Friday, May 29th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. S&P Global’s payout ratio is currently 24.56%.

Insiders Place Their Bets

In other news, CEO Martina Cheung bought 2,322 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were acquired at an average cost of $429.93 per share, with a total value of $998,297.46. Following the completion of the transaction, the chief executive officer owned 27,518 shares of the company’s stock, valued at approximately $11,830,813.74. This trade represents a 9.22% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was purchased at an average cost of $434.03 per share, for a total transaction of $500,002.56. Following the completion of the transaction, the director directly owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have bought 5,974 shares of company stock valued at $2,576,775. Insiders own 0.03% of the company’s stock.

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.