Foundations Investment Advisors LLC Increases Stock Holdings in S&P Global Inc. $SPGI

Foundations Investment Advisors LLC boosted its position in S&P Global Inc. (NYSE:SPGI) by 48.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,002 shares of the business services provider’s stock after purchasing an additional 1,306 shares during the period. Foundations Investment Advisors LLC’s holdings in S&P Global were worth $2,091,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Joseph Group Capital Management purchased a new position in shares of S&P Global during the 4th quarter worth $29,000. North Star Investment Management Corp. boosted its stake 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 worth $32,000 after acquiring an additional 35 shares during the last quarter. Palisade Asset Management LLC purchased a new position in shares of S&P Global during the 3rd quarter worth $36,000. Ameriflex Group Inc. boosted its stake 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 worth $37,000 after acquiring an additional 48 shares during the last quarter. Finally, Ares Financial Consulting LLC purchased a new position in shares of S&P Global during the 4th quarter valued at about $40,000. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Stock Up 1.5%

NYSE SPGI opened at $423.86 on Friday. The stock’s 50 day moving average is $424.42 and its 200 day moving average is $464.04. 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 12 month low of $381.61 and a 12 month high of $579.05. The stock has a market cap of $125.46 billion, a PE ratio of 26.83, a P/E/G ratio of 1.78 and a beta of 1.11.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results 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. 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 for the quarter, compared to analysts’ expectations of $4.08 billion. During the same period in the previous year, the firm earned $4.37 EPS. The firm’s revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Research analysts predict that S&P Global Inc. will post 19.61 EPS for the current fiscal year.

S&P Global Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th will be paid a $0.97 dividend. The ex-dividend date is Friday, May 29th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s payout ratio is presently 24.56%.

Insiders Place Their Bets

In related news, Director Robert Edward Jr. Moritz purchased 1,152 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were acquired at an average price of $434.03 per share, for a total transaction of $500,002.56. Following the purchase, the director directly owned 1,152 shares in the company, valued at $500,002.56. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Catherine R. Clay purchased 2,500 shares of the company’s 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 completion of the purchase, the chief executive officer owned 2,500 shares of the company’s stock, valued at $1,078,475. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 5,974 shares of company stock worth $2,576,775 in the last 90 days. 0.03% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. BMO Capital Markets lifted their price objective on S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, March 17th. Wells Fargo & Company lowered their price objective on S&P Global from $530.00 to $525.00 and set an “overweight” rating on the stock in a research report on Monday, April 13th. Rothschild & Co Redburn lowered their price objective on S&P Global from $585.00 to $540.00 in a research report on Thursday, May 7th. JPMorgan Chase & Co. lifted their price objective 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. Finally, Robert W. Baird set a $546.00 target price on shares of S&P Global in a research note on Wednesday, February 11th. Seventeen research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $546.39.

About S&P Global

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.