S&P Global Inc. $SPGI Position Raised by PYA Waltman Capital LLC

PYA Waltman Capital LLC raised its stake in S&P Global Inc. (NYSE:SPGI) by 7.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 26,184 shares of the business services provider’s stock after buying an additional 1,851 shares during the quarter. S&P Global makes up about 3.7% of PYA Waltman Capital LLC’s investment portfolio, making the stock its 11th largest holding. PYA Waltman Capital LLC’s holdings in S&P Global were worth $13,684,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in SPGI. Brighton Jones LLC lifted its stake in 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 buying an additional 143 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in S&P Global by 7.8% in the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock valued at $547,000 after buying an additional 75 shares during the last quarter. Neuberger Berman Group LLC increased its stake in shares of S&P Global by 5.5% in the second quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider’s stock valued at $893,511,000 after purchasing an additional 88,526 shares during the period. Jump Financial LLC acquired a new stake in shares of S&P Global in the second quarter valued at approximately $552,000. Finally, Main Street Financial Solutions LLC increased its stake in shares of S&P Global by 17.2% in the second quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider’s stock valued at $1,694,000 after purchasing an additional 472 shares during the period. 87.17% of the stock is currently owned by institutional investors.

S&P Global Price Performance

Shares of S&P Global stock opened at $419.53 on Monday. 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 company’s 50-day moving average price is $424.82 and its two-hundred day moving average price is $458.71. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05. The stock has a market cap of $124.18 billion, a PE ratio of 26.55, a price-to-earnings-growth ratio of 1.79 and a beta of 1.08.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $4.08 billion. During the same period in the previous year, the business earned $4.37 earnings per share. S&P Global’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, sell-side analysts anticipate that S&P Global Inc. will post 19.61 EPS for the current fiscal year.

S&P Global Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders 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 annualized dividend and a yield of 0.9%. S&P Global’s payout ratio is 24.56%.

Wall Street Analyst Weigh In

SPGI has been the topic of several analyst reports. BMO Capital Markets raised their price target on shares of S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research note on Tuesday, March 17th. Weiss Ratings lowered shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 11th. UBS Group restated a “buy” rating on shares of S&P Global in a research note on Wednesday, May 27th. JPMorgan Chase & Co. raised their price target on shares of S&P Global from $530.00 to $550.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, Mizuho raised their price target on shares of S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Seventeen research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, S&P Global presently has a consensus rating of “Moderate Buy” and a consensus target price of $546.39.

Insiders Place Their Bets

In other S&P Global news, CEO Martina Cheung purchased 2,322 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were purchased at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the transaction, the chief executive officer owned 27,518 shares in the company, valued at $11,830,813.74. The trade was a 9.22% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert Edward Jr. Moritz purchased 1,152 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was acquired at an average price of $434.03 per share, for a total transaction of $500,002.56. Following the completion of the transaction, the director owned 1,152 shares of the company’s stock, valued at $500,002.56. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have acquired 5,974 shares of company stock worth $2,576,775. 0.03% of the stock is owned by corporate insiders.

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.