EJMK Ventures LLC Takes $892,000 Position in S&P Global Inc. $SPGI

EJMK Ventures LLC bought a new position in shares of S&P Global Inc. (NYSE:SPGI) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,707 shares of the business services provider’s stock, valued at approximately $892,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Joseph Group Capital Management purchased a new position in S&P Global in the fourth quarter worth approximately $29,000. North Star Investment Management Corp. raised its stake in S&P Global by 134.6% in the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after buying an additional 35 shares in the last quarter. Palladiem LLC acquired a new position in shares of S&P Global during the 4th quarter worth about $36,000. Palisade Asset Management LLC acquired a new position in shares of S&P Global during the 3rd quarter worth about $36,000. Finally, Swiss RE Ltd. purchased a new position in shares of S&P Global in the 4th quarter valued at about $39,000. 87.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on SPGI shares. Weiss Ratings cut S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 11th. Daiwa Securities Group reduced their price objective on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a research report on Wednesday, May 20th. Morgan Stanley upped their target price on shares of S&P Global from $556.00 to $557.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Evercore cut their price target on shares of S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a research note on Thursday, April 16th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of S&P Global in a research report on Tuesday, April 28th. Eighteen research 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, S&P Global currently has a consensus rating of “Moderate Buy” and an average price target of $545.28.

Insider Activity

In other news, Director Robert Edward Jr. Moritz acquired 1,152 shares of the business’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 transaction, the director owned 1,152 shares in the company, valued at $500,002.56. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Martina Cheung purchased 2,322 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The shares were purchased at an average cost of $429.93 per share, with a total value of $998,297.46. Following the completion of the acquisition, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at $11,830,813.74. This represents a 9.22% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have purchased 5,974 shares of company stock valued at $2,576,775. Company insiders own 0.03% of the company’s stock.

S&P Global Stock Up 0.1%

Shares of NYSE:SPGI opened at $411.32 on Friday. The stock has a market cap of $121.75 billion, a P/E ratio of 26.03, a P/E/G ratio of 1.75 and a beta of 1.08. The firm has a fifty day moving average price of $423.56 and a 200 day moving average price of $456.29. 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 Inc. has a 1-year low of $381.61 and a 1-year high of $579.05.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data 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. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same period in the previous year, the business posted $4.37 earnings per share. S&P Global’s quarterly revenue 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. Sell-side analysts predict that S&P Global Inc. will post 19.61 EPS 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. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Friday, May 29th. S&P Global’s dividend payout ratio (DPR) is 24.56%.

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.