United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Purchases New Stake in S&P Global Inc. $SPGI

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new stake in S&P Global Inc. (NYSE:SPGI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,280 shares of the business services provider’s stock, valued at approximately $669,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPGI. Northwestern Mutual Wealth Management Co. grew its holdings in S&P Global by 353.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 488,185 shares of the business services provider’s stock valued at $255,121,000 after buying an additional 380,603 shares in the last quarter. Credit Agricole S A acquired a new stake in shares of S&P Global during the 3rd quarter worth $180,503,000. Holocene Advisors LP lifted its position in shares of S&P Global by 79.8% during the 3rd quarter. Holocene Advisors LP now owns 766,043 shares of the business services provider’s stock worth $372,841,000 after buying an additional 339,947 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of S&P Global by 4.6% during the 3rd quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider’s stock worth $3,033,003,000 after buying an additional 274,285 shares during the last quarter. Finally, PFA Pension Forsikringsaktieselskab bought a new stake in shares of S&P Global during the 4th quarter worth $127,269,000. 87.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SPGI. UBS Group restated a “buy” rating on shares of S&P Global in a research report on Wednesday. BMO Capital Markets increased their target price on S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, March 17th. Stifel Nicolaus dropped their target price 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. Mizuho increased their target price on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Finally, Weiss Ratings downgraded S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, March 11th. Seventeen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $546.39.

Insider Activity at S&P Global

In related news, CEO Martina Cheung bought 2,322 shares of the business’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 completion of the transaction, the chief executive officer directly owned 27,518 shares in the company, 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 legal filing with the SEC, which can be accessed through this link. Also, CEO Catherine R. Clay bought 2,500 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average cost of $431.39 per share, for a total transaction 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 ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 5,974 shares of company stock valued at $2,576,775 over the last 90 days. Insiders own 0.03% of the company’s stock.

S&P Global Trading Up 1.5%

Shares of S&P Global stock opened at $423.86 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05. The stock has a 50 day moving average price of $424.42 and a two-hundred day moving average price of $464.04. The stock has a market capitalization of $125.46 billion, a PE ratio of 26.83, a price-to-earnings-growth ratio of 1.78 and a beta of 1.11.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data 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 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 analysts’ expectations of $4.08 billion. During the same quarter last year, the firm 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, equities analysts anticipate that S&P Global Inc. will post 19.61 earnings per share for the current fiscal year.

S&P Global Announces Dividend

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

About S&P Global

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.