Align Financial LLC Acquires Shares of 49,123 S&P Global Inc. $SPGI

Align Financial LLC acquired a new stake in shares of S&P Global Inc. (NYSE:SPGI) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 49,123 shares of the business services provider’s stock, valued at approximately $25,671,000.

A number of other institutional investors also recently added to or reduced their stakes in SPGI. Joseph Group Capital Management acquired a new position in shares of S&P Global in the 4th quarter worth approximately $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 acquiring an additional 35 shares during the last quarter. Palisade Asset Management LLC bought a new stake in shares of S&P Global during the 3rd quarter valued at $36,000. Palladiem LLC bought a new stake in shares of S&P Global during the 4th quarter valued at $36,000. Finally, 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 acquiring an additional 48 shares during the last quarter. 87.17% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently commented on SPGI. Wells Fargo & Company lowered their price objective on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a research report on Monday, April 13th. UBS Group restated a “buy” rating on shares of S&P Global in a research report on Wednesday, May 27th. Rothschild & Co Redburn cut their price objective on S&P Global from $585.00 to $540.00 in a report on Thursday, May 7th. BMO Capital Markets boosted 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. Finally, Jefferies Financial Group boosted their price objective on S&P Global from $500.00 to $535.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Seventeen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, S&P Global has a consensus rating of “Moderate Buy” and an average target price of $546.39.

S&P Global Stock Performance

SPGI opened at $417.85 on Thursday. The business’s 50-day moving average price is $424.42 and its two-hundred day moving average price is $457.23. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. The company has a market capitalization of $123.68 billion, a price-to-earnings ratio of 26.45, a P/E/G ratio of 1.85 and a beta of 1.08. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68.

S&P Global (NYSE:SPGI) last released its quarterly earnings results 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. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The firm had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter last year, the business posted $4.37 EPS. The company’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. Equities analysts expect that S&P Global Inc. will post 19.61 EPS for the current fiscal 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 paid a $0.97 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is currently 24.56%.

Insider Buying and Selling at S&P Global

In related news, CEO Catherine R. Clay acquired 2,500 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was bought at an average price of $431.39 per share, for a total transaction of $1,078,475.00. Following the acquisition, the chief executive officer directly owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 price of $429.93 per share, with a total value of $998,297.46. Following the acquisition, 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 ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought 5,974 shares of company stock valued at $2,576,775 in the last 90 days. 0.03% of the stock is currently owned by company insiders.

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.