1,319 Shares in S&P Global Inc. $SPGI Purchased by Ebert Capital Management Inc.

Ebert Capital Management Inc. acquired a new position in S&P Global Inc. (NYSE:SPGI) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 1,319 shares of the business services provider’s stock, valued at approximately $696,000. S&P Global comprises approximately 0.7% of Ebert Capital Management Inc.’s investment portfolio, making the stock its 18th largest holding.

Several other hedge funds have also recently bought and sold shares of the business. NewEdge Wealth LLC lifted its stake in S&P Global by 99.4% in the 4th quarter. NewEdge Wealth LLC now owns 7,126 shares of the business services provider’s stock worth $3,724,000 after acquiring an additional 3,553 shares in the last quarter. Washington Trust Advisors Inc. lifted its stake in S&P Global by 902.0% in the 4th quarter. Washington Trust Advisors Inc. now owns 1,002 shares of the business services provider’s stock worth $524,000 after acquiring an additional 902 shares in the last quarter. Farmers & Merchants Investments Inc. lifted its stake in S&P Global by 10.2% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 6,306 shares of the business services provider’s stock worth $3,295,000 after acquiring an additional 583 shares in the last quarter. Legacy Wealth Managment LLC ID lifted its stake in S&P Global by 190.0% in the 4th quarter. Legacy Wealth Managment LLC ID now owns 87 shares of the business services provider’s stock worth $45,000 after acquiring an additional 57 shares in the last quarter. Finally, Lighthouse Financial Services Inc. ADV purchased a new stake in S&P Global in the 4th quarter worth about $1,863,000. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Stock Down 2.1%

SPGI opened at $419.85 on Friday. S&P Global Inc. has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. The business has a 50-day moving average of $431.09 and a 200-day moving average of $472.16. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market capitalization of $124.27 billion, a PE ratio of 26.57, a price-to-earnings-growth ratio of 1.80 and a beta of 1.11.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.08 billion. During the same period last year, the business earned $4.37 EPS. The business’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. Equities research analysts forecast that S&P Global Inc. will post 19.59 EPS for the current fiscal year.

Insider Transactions at S&P Global

In other news, CEO Martina Cheung purchased 2,322 shares of the business’s stock in a transaction dated Wednesday, April 29th. The stock was bought at an average cost of $429.93 per share, with a total value of $998,297.46. Following the purchase, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at approximately $11,830,813.74. This trade represents a 9.22% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Catherine R. Clay purchased 2,500 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were purchased at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the completion of the purchase, the chief executive officer directly owned 2,500 shares in the company, valued at approximately $1,078,475. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 5,974 shares of company stock valued at $2,576,775 in the last three months. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SPGI. Royal Bank Of Canada reduced their price objective on S&P Global from $620.00 to $560.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. Stifel Nicolaus reduced their price objective on S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. UBS Group reduced their price objective on S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. BMO Capital Markets increased their price objective on S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 17th. Finally, Evercore cut their price target on S&P Global from $625.00 to $560.00 and set an “outperform” rating for the company in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $550.00.

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.