Stenger Family Office LLC Has $492,000 Stock Holdings in S&P Global Inc. $SPGI

Stenger Family Office LLC trimmed its position in S&P Global Inc. (NYSE:SPGI) by 62.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 941 shares of the business services provider’s stock after selling 1,546 shares during the quarter. Stenger Family Office LLC’s holdings in S&P Global were worth $492,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. S Harris Financial Group LLC bought a new position in shares of S&P Global in the 4th quarter valued at $339,000. EJMK Ventures LLC bought a new stake in shares of S&P Global during the 4th quarter worth $892,000. Targeted Financial Services LLC bought a new stake in shares of S&P Global during the 4th quarter worth $348,000. Tulsa Wealth Advisors INC bought a new stake in shares of S&P Global during the 4th quarter worth $1,640,000. Finally, Reflection Asset Management acquired a new stake in S&P Global in the fourth quarter valued at about $230,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Trading Up 0.1%

Shares of SPGI stock opened at $411.32 on Friday. The stock has a market cap of $121.75 billion, a price-to-earnings ratio of 26.03, a PEG ratio of 1.75 and a beta of 1.08. The stock has a 50-day moving average of $423.56 and a 200-day moving average of $456.29. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, topping analysts’ consensus estimates of $4.82 by $0.15. The company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the firm earned $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, equities research analysts forecast that S&P Global Inc. will post 19.61 earnings per share for the current year.

S&P Global Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th were issued a dividend of $0.97 per share. The ex-dividend date was Friday, May 29th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is presently 24.56%.

Insider Transactions at S&P Global

In other news, CEO Martina Cheung acquired 2,322 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was bought at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the transaction, the chief executive officer directly owned 27,518 shares in the company, valued at $11,830,813.74. This represents a 9.22% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Catherine R. Clay bought 2,500 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were purchased at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the purchase, the chief executive officer directly owned 2,500 shares of the company’s stock, valued at $1,078,475. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have bought 5,974 shares of company stock worth $2,576,775. Company insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on SPGI. Rothschild & Co Redburn lowered their target price on S&P Global from $540.00 to $520.00 and set a “buy” rating for the company in a research note on Thursday. BMO Capital Markets increased their target price on shares of S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, March 17th. Weiss Ratings downgraded shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 11th. Barclays reaffirmed an “overweight” rating and set a $565.00 price target on shares of S&P Global in a report on Monday, February 23rd. Finally, Morgan Stanley upped their price objective on shares of S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Eighteen research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $545.28.

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.