Allen Investment Management LLC Lowers Holdings in S&P Global Inc. $SPGI

Key Points

• Allen Investment Management trimmed its stake in S&P Global by 4.5% in the fourth quarter, selling 33,570 shares and ending with 704,692 shares valued at about $368.3 million.
• Analysts remain mostly positive on SPGI, with 17 Buy ratings and only one Hold; the consensus rating is “Moderate Buy” and the average price target is $546.39.
• Recent results and shareholder returns were solid, as S&P Global beat quarterly EPS and revenue estimates, raised its FY 2026 EPS guidance, and announced a quarterly dividend of $0.97 per share payable June 10.

Allen Investment Management LLC lessened its stake in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 4.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 704,692 shares of the business services provider's stock after selling 33,570 shares during the quarter. S&P Global comprises about 4.1% of Allen Investment Management LLC's investment portfolio, making the stock its 7th biggest holding. Allen Investment Management LLC owned 0.23% of S&P Global worth $368,265,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Joseph Group Capital Management bought a new position in S&P Global in the 4th quarter worth $29,000. North Star Investment Management Corp. grew its position in shares of S&P Global by 134.6% during the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider's stock worth $32,000 after purchasing an additional 35 shares in the last quarter. Palisade Asset Management LLC bought a new position in shares of S&P Global during the third quarter worth $36,000. Ameriflex Group Inc. raised its holdings in shares of S&P Global by 171.4% during the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider's stock worth $37,000 after acquiring an additional 48 shares in the last quarter. Finally, Ares Financial Consulting LLC purchased a new position in shares of S&P Global in the 4th quarter worth $40,000. Institutional investors own 87.17% of the company's stock.

Analysts Set New Price Targets

Several research firms recently weighed in on SPGI. Bank of America initiated coverage on S&P Global in a report on Tuesday, February 17th. They set a "buy" rating and a $575.00 price target on the stock. 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. Daiwa Securities Group cut their price objective 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. The Goldman Sachs Group restated a "buy" rating on shares of S&P Global in a report on Tuesday, April 28th. Finally, Robert W. Baird set a $546.00 target price on S&P Global in a research report on Wednesday, February 11th. Seventeen analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $546.39.

Insider Activity at S&P Global

In other news, Director Robert Edward Jr. Moritz bought 1,152 shares of the business's stock in a transaction dated Thursday, April 30th. The stock was purchased at an average cost of $434.03 per share, with a total value of $500,002.56. Following the acquisition, the director directly owned 1,152 shares in the company, valued at $500,002.56. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Martina Cheung acquired 2,322 shares of the firm's stock in a transaction on Wednesday, April 29th. The stock was purchased at an average price of $429.93 per share, with a total value of $998,297.46. Following the transaction, the chief executive officer 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 position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders purchased 5,974 shares of company stock worth $2,576,775. 0.03% of the stock is owned by corporate insiders.

S&P Global Price Performance

NYSE SPGI opened at $429.20 on Tuesday. The stock's fifty day moving average price is $424.48 and its 200 day moving average price is $463.35. 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 company has a market cap of $127.04 billion, a price-to-earnings ratio of 27.16, a PEG ratio of 1.81 and a beta of 1.11.

S&P Global (NYSE:SPGI - Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 earnings per share 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 business had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same period in the prior 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 research analysts forecast that S&P Global Inc. will post 19.61 earnings per share for the current 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 issued a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, May 29th. S&P Global's dividend payout ratio (DPR) is 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.

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