Fortem Financial Group LLC Boosts Stock Holdings in S&P Global Inc. $SPGI

Fortem Financial Group LLC boosted its position in S&P Global Inc. (NYSE:SPGI) by 63.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,834 shares of the business services provider’s stock after purchasing an additional 1,494 shares during the period. Fortem Financial Group LLC’s holdings in S&P Global were worth $1,631,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Joseph Group Capital Management purchased a new position in shares of S&P Global during the 4th quarter worth approximately $29,000. North Star Investment Management Corp. lifted its holdings in shares of S&P Global by 134.6% in the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after buying an additional 35 shares during the period. Palladiem LLC purchased a new stake in shares of S&P Global in the fourth quarter valued at approximately $36,000. Palisade Asset Management LLC purchased a new stake in shares of S&P Global in the third quarter valued at approximately $36,000. Finally, Ameriflex Group Inc. boosted its stake in shares of S&P Global by 171.4% in the third quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock valued at $37,000 after buying an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on SPGI. Jefferies Financial Group increased their price objective on S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Weiss Ratings lowered shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, March 11th. Daiwa Securities Group decreased their target price on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. Barclays reaffirmed an “overweight” rating and set a $565.00 price target on shares of S&P Global in a research note on Monday, February 23rd. Finally, Rothschild & Co Redburn cut 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 report on Thursday. Eighteen research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $545.28.

Insider Transactions at S&P Global

In other S&P Global news, CEO Catherine R. Clay acquired 2,500 shares of the stock in a transaction that occurred on 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 purchase, the chief executive officer owned 2,500 shares in the company, valued at approximately $1,078,475. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Martina Cheung bought 2,322 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were acquired at an average price of $429.93 per share, with a total value of $998,297.46. Following the completion of the acquisition, the chief executive officer directly owned 27,518 shares in the company, valued at $11,830,813.74. This represents a 9.22% increase in their position. 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 90 days. 0.03% of the stock is currently owned by insiders.

S&P Global Stock Performance

SPGI opened at $411.32 on Friday. The stock has a market cap of $121.75 billion, a P/E ratio of 26.03, a P/E/G ratio of 1.75 and a beta of 1.08. 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 stock’s 50 day simple moving average is $423.56 and its 200 day simple moving average is $456.29. S&P Global Inc. has a 1-year low of $381.61 and a 1-year high of $579.05.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.82 by $0.15. The firm had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.S&P Global’s revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the firm posted $4.37 earnings per share. 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 EPS for the current fiscal year.

S&P Global Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th were given a $0.97 dividend. The ex-dividend date was Friday, May 29th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is currently 24.56%.

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.