Fulcrum Capital LLC Has $10.76 Million Holdings in S&P Global Inc. $SPGI

Fulcrum Capital LLC grew its position in shares of S&P Global Inc. (NYSE:SPGI) by 16.5% in the 1st quarter, HoldingsChannel reports. The fund owned 25,307 shares of the business services provider’s stock after buying an additional 3,581 shares during the period. S&P Global makes up about 2.3% of Fulcrum Capital LLC’s holdings, making the stock its 16th biggest holding. Fulcrum Capital LLC’s holdings in S&P Global were worth $10,764,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Joseph Group Capital Management acquired a new stake in S&P Global in the 4th quarter valued at $29,000. North Star Investment Management Corp. raised its holdings in S&P Global by 134.6% during the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after buying an additional 35 shares during the last quarter. Palladiem LLC bought a new position in shares of S&P Global in the fourth quarter valued at $36,000. Palisade Asset Management LLC bought a new position in shares of S&P Global in the third quarter valued at $36,000. Finally, Swiss RE Ltd. acquired a new position in shares of S&P Global during the fourth quarter valued at about $39,000. 87.17% of the stock is owned by institutional investors and hedge funds.

Insider Activity at S&P Global

In related news, CEO Martina Cheung acquired 2,322 shares of the stock in a transaction on Wednesday, April 29th. The shares were acquired at an average price of $429.93 per share, with a total value of $998,297.46. Following the completion of the transaction, the chief executive officer owned 27,518 shares in the company, valued at approximately $11,830,813.74. The trade was a 9.22% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was bought at an average price of $434.03 per share, for a total transaction of $500,002.56. Following the completion of the purchase, the director owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders purchased 5,974 shares of company stock worth $2,576,775. 0.03% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. The Goldman Sachs Group lowered their target price on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Bank of America cut their price target on S&P Global from $575.00 to $550.00 and set a “buy” rating for the company in a research note on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of S&P Global in a report on Monday. Evercore lowered their price objective on S&P Global from $625.00 to $560.00 and set an “outperform” rating for the company in a research note on Thursday, April 16th. Finally, JPMorgan Chase & Co. cut their target price on S&P Global from $550.00 to $535.00 and set an “overweight” rating on the stock in a research report on Wednesday. Seventeen research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, S&P Global currently has a consensus rating of “Moderate Buy” and a consensus target price of $532.00.

S&P Global Stock Performance

Shares of SPGI stock opened at $430.15 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a 50-day moving average of $419.31 and a 200-day moving average of $448.10. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05. The company has a market cap of $127.32 billion, a P/E ratio of 27.22, a P/E/G ratio of 1.85 and a beta of 1.08.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. The company had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.S&P Global’s revenue was up 10.4% on a year-over-year basis. During the same period last year, the business posted $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities research analysts forecast that S&P Global Inc. will post 19.59 EPS for the current fiscal year.

S&P Global Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be issued 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 of this dividend is Wednesday, August 26th. S&P Global’s payout ratio is 24.56%.

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.