Vista Cima Wealth Management LLC Sells 1,217 Shares of S&P Global Inc. $SPGI

Vista Cima Wealth Management LLC lessened its position in shares of S&P Global Inc. (NYSE:SPGI) by 75.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 404 shares of the business services provider’s stock after selling 1,217 shares during the period. Vista Cima Wealth Management LLC’s holdings in S&P Global were worth $211,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SPGI. Norges Bank bought a new position in S&P Global during the 4th quarter worth about $2,398,991,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of S&P Global by 353.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 488,185 shares of the business services provider’s stock valued at $255,121,000 after acquiring an additional 380,603 shares in the last quarter. Credit Agricole S A bought a new position in shares of S&P Global in the 3rd quarter valued at about $180,503,000. Holocene Advisors LP grew its holdings in shares of S&P Global by 79.8% in the 3rd quarter. Holocene Advisors LP now owns 766,043 shares of the business services provider’s stock valued at $372,841,000 after acquiring an additional 339,947 shares in the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of S&P Global by 4.6% in the 3rd quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock valued at $3,033,003,000 after acquiring an additional 274,285 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Trading Up 1.9%

S&P Global stock opened at $419.93 on Friday. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05. The stock has a market capitalization of $124.30 billion, a P/E ratio of 26.58, a PEG ratio of 1.76 and a beta of 1.08. The stock has a 50-day simple moving average of $424.18 and a 200 day simple moving average of $461.64. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, topping 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 company had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. During the same quarter in the previous year, the company posted $4.37 earnings per share. The business’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. 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. Stockholders of record on Friday, May 29th will be given a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, May 29th. S&P Global’s payout ratio is presently 24.56%.

Insider Activity

In other S&P Global news, Director Robert Edward Jr. Moritz purchased 1,152 shares of the company’s stock in a transaction dated 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 completion of the transaction, the director owned 1,152 shares in the company, valued at approximately $500,002.56. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Catherine R. Clay purchased 2,500 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was acquired at an average price of $431.39 per share, with a total value of $1,078,475.00. Following the completion of the transaction, the chief executive officer owned 2,500 shares of the company’s stock, valued at $1,078,475. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders acquired 5,974 shares of company stock worth $2,576,775. Corporate insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Rothschild & Co Redburn decreased their price objective on S&P Global from $585.00 to $540.00 in a report on Thursday, May 7th. Jefferies Financial Group raised their price objective on S&P Global from $500.00 to $535.00 and gave the company a “buy” rating in a report on Monday, April 27th. Wells Fargo & Company decreased their price objective on S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a report on Monday, April 13th. Mizuho raised their price objective on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Finally, Royal Bank Of Canada decreased their price objective on S&P Global from $620.00 to $560.00 and set an “outperform” rating for the company in a 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. According to MarketBeat.com, S&P Global has a consensus rating of “Moderate Buy” and a consensus target price 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.