BI Asset Management Fondsmaeglerselskab A S Sells 5,166 Shares of S&P Global Inc. $SPGI

BI Asset Management Fondsmaeglerselskab A S trimmed its position in shares of S&P Global Inc. (NYSE:SPGI) by 6.9% during the 4th quarter, Holdings Channel reports. The firm owned 69,631 shares of the business services provider’s stock after selling 5,166 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in S&P Global were worth $33,292,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SPGI. Joseph Group Capital Management bought a new stake in shares of S&P Global during the 4th quarter valued at $29,000. North Star Investment Management Corp. raised 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 period. Palisade Asset Management LLC bought a new stake in shares of S&P Global during the 3rd quarter valued at $36,000. Ameriflex Group Inc. raised 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 period. Finally, Ares Financial Consulting LLC bought a new stake in shares of S&P Global during the 4th quarter valued at $40,000. 87.17% of the stock is currently owned by institutional investors.

Insider Buying and Selling at S&P Global

In related news, CEO Catherine R. Clay acquired 2,500 shares of the stock in a transaction on Friday, May 1st. The stock was bought at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the transaction, the chief executive officer directly owned 2,500 shares in the company, valued at approximately $1,078,475. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Robert Edward Jr. Moritz purchased 1,152 shares of S&P Global stock in a transaction dated Thursday, April 30th. The stock was acquired at an average price of $434.03 per share, with a total value of $500,002.56. Following the acquisition, the director owned 1,152 shares in the company, valued at approximately $500,002.56. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 5,974 shares of company stock valued at $2,576,775 in the last three months. Company insiders own 0.03% of the company’s stock.

S&P Global Price Performance

SPGI stock opened at $425.16 on Friday. S&P Global Inc. has a 12 month low of $381.61 and a 12 month high of $579.05. 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 company has a 50-day moving average price of $424.53 and a 200 day moving average price of $461.38. The stock has a market cap of $125.85 billion, a PE ratio of 26.91, a P/E/G ratio of 1.79 and a beta of 1.08.

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

S&P Global Dividend Announcement

The business 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 payout ratio is 24.56%.

Analysts Set New Price Targets

A number of analysts have issued reports on SPGI shares. UBS Group reiterated a “buy” rating on shares of S&P Global in a report on Wednesday, May 27th. Rothschild & Co Redburn reduced their price target on shares of S&P Global from $585.00 to $540.00 in a report on Thursday, May 7th. JPMorgan Chase & Co. lifted their price target on shares of S&P Global from $530.00 to $550.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Weiss Ratings downgraded shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, March 11th. Finally, Robert W. Baird set a $546.00 price target on shares of S&P Global in a report on Wednesday, February 11th. Seventeen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company 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.