Hilton Head Capital Partners LLC Has $53,000 Stake in S&P Global Inc. $SPGI

Hilton Head Capital Partners LLC reduced its stake in S&P Global Inc. (NYSE:SPGI) by 92.1% during the 1st quarter, HoldingsChannel reports. The fund owned 124 shares of the business services provider’s stock after selling 1,438 shares during the quarter. Hilton Head Capital Partners LLC’s holdings in S&P Global were worth $53,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of S&P Global by 4.7% in the fourth quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock valued at $1,582,000 after purchasing an additional 143 shares in the last quarter. Sivia Capital Partners LLC boosted its position in shares of S&P Global by 7.8% during the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock worth $547,000 after buying an additional 75 shares during the period. Neuberger Berman Group LLC grew its holdings in shares of S&P Global by 5.5% during the second quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider’s stock worth $893,511,000 after buying an additional 88,526 shares in the last quarter. Jump Financial LLC bought a new position in shares of S&P Global during the second quarter worth about $552,000. Finally, Main Street Financial Solutions LLC raised its position in S&P Global by 17.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider’s stock valued at $1,694,000 after buying an additional 472 shares during the last quarter. 87.17% of the stock is owned by institutional investors and hedge funds.

Insider Activity at S&P Global

In other S&P Global news, CEO Martina Cheung acquired 2,322 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were purchased at an average price of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the purchase, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at approximately $11,830,813.74. This represents a 9.22% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Catherine R. Clay acquired 2,500 shares of the company’s stock in a transaction on Friday, May 1st. The stock was acquired at an average price of $431.39 per share, for a total transaction of $1,078,475.00. Following the purchase, the chief executive officer directly owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders bought 5,974 shares of company stock worth $2,576,775. Insiders own 0.03% of the company’s stock.

S&P Global Stock Performance

NYSE SPGI opened at $402.58 on Thursday. 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 fifty day moving average price is $422.39 and its two-hundred day moving average price is $454.07. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $579.05. The firm has a market capitalization of $119.16 billion, a P/E ratio of 25.48, a price-to-earnings-growth ratio of 1.71 and a beta of 1.08.

S&P Global (NYSE:SPGI) last announced 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. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The firm had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. During the same quarter last year, the company posted $4.37 earnings per share. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, research analysts anticipate 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 paid a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 1.0%. The ex-dividend date is Wednesday, August 26th. S&P Global’s dividend payout ratio (DPR) is 24.56%.

Analysts Set New Price Targets

SPGI has been the topic of several research reports. Weiss Ratings cut S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 11th. Rothschild & Co Redburn decreased their price target on shares of S&P Global from $540.00 to $520.00 and set a “buy” rating for the company in a research note on Thursday, June 18th. JPMorgan Chase & Co. lifted their price objective on shares of S&P Global from $530.00 to $550.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. UBS Group reissued a “buy” rating on shares of S&P Global in a research report on Wednesday, May 27th. Finally, Evercore reduced their target price on shares of S&P Global from $625.00 to $560.00 and set an “outperform” rating for the company in a report on Thursday, April 16th. Eighteen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $545.28.

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.