Banque Cantonale Vaudoise Has $6.76 Million Stock Position in S&P Global Inc. $SPGI

Banque Cantonale Vaudoise increased its holdings in S&P Global Inc. (NYSE:SPGI) by 8.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,888 shares of the business services provider’s stock after acquiring an additional 1,250 shares during the period. Banque Cantonale Vaudoise’s holdings in S&P Global were worth $6,758,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Joseph Group Capital Management purchased a new stake in S&P Global in the 4th quarter worth approximately $29,000. North Star Investment Management Corp. boosted its stake 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 buying an additional 35 shares during the period. Palladiem LLC purchased a new position in shares of S&P Global during the 4th quarter valued at $36,000. Palisade Asset Management LLC purchased a new position in shares of S&P Global during the 3rd quarter valued at $36,000. Finally, Ameriflex Group Inc. increased its stake in shares of S&P Global by 171.4% in the third quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after acquiring an additional 48 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at S&P Global

In related news, CEO Martina Cheung purchased 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, for a total transaction of $998,297.46. Following the purchase, the chief executive officer owned 27,518 shares in the company, valued at $11,830,813.74. The trade was a 9.22% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Catherine R. Clay acquired 2,500 shares of the stock in a transaction dated Friday, May 1st. The shares were bought at an average cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the acquisition, the chief executive officer owned 2,500 shares in the company, valued at $1,078,475. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders purchased 5,974 shares of company stock worth $2,576,775. 0.03% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

SPGI has been the subject of several recent research reports. Daiwa Securities Group cut their price objective on S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a report on Wednesday, May 20th. JPMorgan Chase & Co. boosted their target price on S&P Global from $530.00 to $550.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Morgan Stanley upped their target price on S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. UBS Group reiterated a “buy” rating on shares of S&P Global in a report on Wednesday, May 27th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of S&P Global in a research note on Tuesday, April 28th. Eighteen analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, S&P Global currently has a consensus rating of “Moderate Buy” and a consensus target price of $545.28.

S&P Global Stock Up 0.6%

S&P Global stock opened at $402.58 on Thursday. The company has a market capitalization of $119.16 billion, a P/E ratio of 25.48, a P/E/G ratio of 1.71 and a beta of 1.08. The firm’s fifty day simple moving average is $422.39 and its 200-day simple moving average is $454.07. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. 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 issued its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (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 analysts’ expectations of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. S&P Global’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the company posted $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Sell-side analysts forecast that S&P Global Inc. will post 19.61 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be given a $0.97 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 1.0%. S&P Global’s payout ratio is currently 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.