Rep. Julie Johnson Sells Off Shares of S&P Global Inc. (NYSE:SPGI)

Representative Julie Johnson (D-Texas) recently sold shares of S&P Global Inc. (NYSE:SPGI). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in S&P Global stock on April 7th. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.

Representative Julie Johnson also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/30/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/22/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/15/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/11/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/11/2025.
• Sold $1,001 – $15,000 in shares of DT Midstream (NYSE:DTM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Carlisle Companies (NYSE:CSL) on 4/7/2025.

S&P Global Price Performance

Shares of SPGI stock opened at $519.87 on Friday. The stock has a market cap of $159.44 billion, a price-to-earnings ratio of 42.09, a PEG ratio of 2.41 and a beta of 1.23. The business’s fifty day moving average is $487.10 and its 200 day moving average is $502.18. S&P Global Inc. has a twelve month low of $419.49 and a twelve month high of $545.39. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.34.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, April 29th. The business services provider reported $4.37 earnings per share for the quarter, topping the consensus estimate of $4.23 by $0.14. The company had revenue of $3.78 billion for the quarter, compared to analysts’ expectations of $3.72 billion. S&P Global had a return on equity of 14.33% and a net margin of 27.12%. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned $4.01 earnings per share. Research analysts expect that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 28th will be paid a $0.96 dividend. The ex-dividend date is Wednesday, May 28th. This represents a $3.84 annualized dividend and a yield of 0.74%. S&P Global’s payout ratio is 30.16%.

Wall Street Analysts Forecast Growth

SPGI has been the topic of several analyst reports. Mizuho initiated coverage on S&P Global in a report on Wednesday, March 12th. They issued an “outperform” rating and a $599.00 target price on the stock. Morgan Stanley boosted their target price on S&P Global from $595.00 to $600.00 and gave the stock an “overweight” rating in a report on Wednesday, February 12th. Evercore ISI boosted their target price on S&P Global from $599.00 to $608.00 and gave the stock an “outperform” rating in a report on Wednesday, February 12th. JPMorgan Chase & Co. dropped their target price on S&P Global from $618.00 to $565.00 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. Finally, Robert W. Baird dropped their target price on S&P Global from $616.00 to $589.00 and set an “outperform” rating on the stock in a report on Wednesday, April 30th. Two equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $592.71.

Insider Activity at S&P Global

In related news, EVP Sally Moore sold 500 shares of the company’s stock in a transaction on Monday, May 5th. The stock was sold at an average price of $510.43, for a total transaction of $255,215.00. Following the completion of the sale, the executive vice president now owns 5,131 shares in the company, valued at approximately $2,619,016.33. This represents a 8.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Minot DeBlois Advisors LLC bought a new position in shares of S&P Global during the fourth quarter valued at $25,000. Costello Asset Management INC purchased a new stake in S&P Global during the first quarter valued at $26,000. Cheviot Value Management LLC purchased a new stake in S&P Global during the first quarter valued at $26,000. Anderson Financial Strategies LLC purchased a new stake in S&P Global during the fourth quarter valued at $27,000. Finally, Smallwood Wealth Investment Management LLC purchased a new stake in S&P Global during the first quarter valued at $28,000. 87.17% of the stock is owned by institutional investors.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About S&P Global

S&P Global, Inc engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.