Fideuram Intesa Sanpaolo Private Banking S.P.A. Purchases 1,323 Shares of S&P Global Inc. $SPGI

Fideuram Intesa Sanpaolo Private Banking S.P.A. grew its stake in shares of S&P Global Inc. (NYSE:SPGI) by 11.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,907 shares of the business services provider’s stock after acquiring an additional 1,323 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in S&P Global were worth $5,490,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPGI. Joseph Group Capital Management bought a new stake in S&P Global in the fourth quarter valued at 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 worth $32,000 after buying an additional 35 shares in the last quarter. Palladiem LLC bought a new position in S&P Global in the fourth quarter worth about $36,000. Palisade Asset Management LLC purchased a new stake in S&P Global in the third quarter worth about $36,000. Finally, Swiss RE Ltd. bought a new stake in S&P Global during the 4th quarter valued at approximately $39,000. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on SPGI shares. BMO Capital Markets upped their target price on S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, March 17th. The Goldman Sachs Group dropped their price target on S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a research report on Wednesday. Wells Fargo & Company reduced their price target on S&P Global from $530.00 to $525.00 and set an “overweight” rating on the stock in a research note on Monday, April 13th. JPMorgan Chase & Co. increased their price objective on S&P Global from $530.00 to $550.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Finally, UBS Group restated a “buy” rating on shares of S&P Global in a report on Wednesday, May 27th. Seventeen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $540.65.

Insider Activity at S&P Global

In other S&P Global news, CEO Martina Cheung bought 2,322 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The shares were bought at an average price of $429.93 per share, with a total value of $998,297.46. Following the purchase, the chief executive officer owned 27,518 shares of the company’s stock, valued at $11,830,813.74. This trade represents a 9.22% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Catherine R. Clay bought 2,500 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average price of $431.39 per share, with a total value of $1,078,475.00. Following the transaction, the chief executive officer owned 2,500 shares of the company’s stock, valued at $1,078,475. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have acquired 5,974 shares of company stock valued at $2,576,775. 0.03% of the stock is owned by company insiders.

S&P Global Stock Up 5.6%

SPGI opened at $438.31 on Friday. The company has a market capitalization of $129.74 billion, a PE ratio of 27.74, a PEG ratio of 1.77 and a beta of 1.08. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. The firm’s 50 day simple moving average is $419.44 and its two-hundred day simple moving average is $450.59. 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 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 business had revenue of $4.17 billion during the quarter, compared to analyst estimates of $4.08 billion. During the same quarter in the previous year, the company posted $4.37 earnings per share. S&P Global’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. As a group, equities analysts forecast that S&P Global Inc. will post 19.61 EPS for the current year.

S&P Global Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio is currently 24.56%.

S&P Global Company 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.