Fideuram Asset Management Ireland dac Purchases New Shares in S&P Global Inc. $SPGI

Fideuram Asset Management Ireland dac purchased a new stake in shares of S&P Global Inc. (NYSE:SPGI) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,785 shares of the business services provider’s stock, valued at approximately $2,002,000.

Other institutional investors have also added to or reduced their stakes in the company. Marshall & Sterling Wealth Advisors Inc. lifted its position in S&P Global by 528.1% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 402 shares of the business services provider’s stock valued at $210,000 after buying an additional 338 shares during the period. National Pension Service lifted its position in S&P Global by 20.3% during the fourth quarter. National Pension Service now owns 730,755 shares of the business services provider’s stock valued at $381,885,000 after buying an additional 123,400 shares during the period. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. purchased a new position in S&P Global during the fourth quarter valued at $254,000. Linscomb Wealth Inc. lifted its position in S&P Global by 223.3% during the fourth quarter. Linscomb Wealth Inc. now owns 2,780 shares of the business services provider’s stock valued at $1,453,000 after buying an additional 1,920 shares during the period. Finally, SBI Okasan Asset Management Co.Ltd. purchased a new position in S&P Global during the fourth quarter valued at $1,590,000. Institutional investors own 87.17% of the company’s stock.

Insider Activity

In related news, CEO Martina Cheung purchased 2,322 shares of S&P Global stock in a transaction dated Wednesday, April 29th. The stock was purchased at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the acquisition, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at $11,830,813.74. The trade was a 9.22% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Catherine R. Clay bought 2,500 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was acquired at an average cost 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 in the company, valued at $1,078,475. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased 5,974 shares of company stock worth $2,576,775 over the last three months. 0.03% of the stock is currently owned by corporate insiders.

S&P Global Price Performance

Shares of NYSE:SPGI opened at $423.86 on Friday. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05. 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 business has a fifty day moving average price of $424.42 and a 200-day moving average price of $464.04. The company has a market capitalization of $125.46 billion, a PE ratio of 26.83, a PEG ratio of 1.78 and a beta of 1.11.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share 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 firm 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 company earned $4.37 earnings per share. The company’s 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. As a group, equities analysts expect that S&P Global Inc. will post 19.61 EPS for the current fiscal year.

S&P Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.97 per share. The ex-dividend date is Friday, May 29th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is presently 24.56%.

Analyst Upgrades and Downgrades

SPGI has been the subject of several recent research reports. Stifel Nicolaus lowered their price objective on S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Evercore lowered their price objective on S&P Global from $625.00 to $560.00 and set an “outperform” rating for the company in a research report on Thursday, April 16th. Bank of America initiated coverage on S&P Global in a research report on Tuesday, February 17th. They set a “buy” rating and a $575.00 price objective for the company. Wells Fargo & Company lowered their price objective on S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a research report on Monday, April 13th. Finally, JPMorgan Chase & Co. raised their price objective on S&P Global from $530.00 to $550.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Seventeen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, S&P Global has a consensus rating of “Moderate Buy” and an average price target of $546.39.

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.