Tobam Makes New Investment in S&P Global Inc. $SPGI

Tobam bought a new stake in S&P Global Inc. (NYSE:SPGI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,348 shares of the business services provider’s stock, valued at approximately $704,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. YANKCOM Partnership raised its holdings in shares of S&P Global by 7.9% in the 4th quarter. YANKCOM Partnership now owns 259 shares of the business services provider’s stock worth $135,000 after purchasing an additional 19 shares during the period. LeConte Wealth Management LLC grew its holdings in S&P Global by 4.1% during the fourth quarter. LeConte Wealth Management LLC now owns 511 shares of the business services provider’s stock valued at $267,000 after purchasing an additional 20 shares during the period. Elwood & Goetz Wealth Advisory Group LLC increased its position in S&P Global by 3.3% in the fourth quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 632 shares of the business services provider’s stock worth $330,000 after buying an additional 20 shares during the last quarter. Steigerwald Gordon & Koch Inc. increased its position in S&P Global by 15.6% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 148 shares of the business services provider’s stock worth $77,000 after buying an additional 20 shares during the last quarter. Finally, Embree Financial Group raised its stake in shares of S&P Global by 2.0% in the fourth quarter. Embree Financial Group now owns 1,090 shares of the business services provider’s stock valued at $570,000 after buying an additional 21 shares during the period. 87.17% of the stock is owned by institutional investors.

S&P Global Trading Up 0.1%

Shares of SPGI stock opened at $411.32 on Friday. The stock has a market capitalization 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 company’s fifty day simple moving average is $423.56 and its two-hundred day simple moving average is $456.29. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. 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 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. The firm had revenue of $4.17 billion during 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 business’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period last year, the company earned $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, analysts anticipate that S&P Global Inc. will post 19.61 earnings per share for the current year.

S&P Global Announces Dividend

The business also recently announced 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 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 currently 24.56%.

Wall Street Analyst Weigh In

SPGI has been the topic of a number of recent research reports. Rothschild & Co Redburn dropped their price target on S&P Global from $540.00 to $520.00 and set a “buy” rating on the stock in a research report on Thursday. The Goldman Sachs Group reissued a “buy” rating on shares of S&P Global in a report on Tuesday, April 28th. 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 note on Monday, April 27th. BMO Capital Markets upped their price objective on shares of S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. Finally, Weiss Ratings lowered shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, March 11th. Eighteen analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $545.28.

Insiders Place Their Bets

In related news, Director Robert Edward Jr. Moritz purchased 1,152 shares of the firm’s stock in a transaction dated Thursday, April 30th. The shares were purchased 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 directly owned 1,152 shares in the company, valued at approximately $500,002.56. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Catherine R. Clay purchased 2,500 shares of the stock in a transaction dated Friday, May 1st. The stock was purchased at an average cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the acquisition, the chief executive officer owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 5,974 shares of company stock worth $2,576,775 in the last quarter. 0.03% of the stock is 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.