Kampmann Melissa S. Has $1.14 Million Stake in S&P Global Inc. $SPGI

Key Points

• Kampmann Melissa S. halved its S&P Global stake in the second quarter, selling 2,799 shares and retaining 2,797 shares valued at approximately $1.14 million. Institutional investors and hedge funds collectively own 87.17% of SPGI.
• Analysts maintain a generally bullish outlook, with 18 Buy ratings, one Hold and one Sell. The consensus rating is “Moderate Buy,” with an average price target of $523.59.
• S&P Global exceeded quarterly earnings and revenue expectations, reporting $4.83 in EPS and $4.15 billion in revenue, while revenue increased 10.4% year over year. The company also declared a quarterly dividend of $0.97 per share, representing a 0.9% annualized yield.

Kampmann Melissa S. trimmed its stake in S&P Global Inc. (NYSE:SPGI - Free Report) by 50.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,797 shares of the business services provider's stock after selling 2,799 shares during the period. Kampmann Melissa S.'s holdings in S&P Global were worth $1,139,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPGI. Brighton Jones LLC grew its position in shares of 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 purchasing an additional 143 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in S&P Global by 7.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider's stock valued at $547,000 after purchasing an additional 75 shares during the period. Neuberger Berman Group LLC boosted its stake in S&P Global by 5.5% during the 2nd 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 bought a new position in S&P Global in the 2nd quarter worth approximately $552,000. Finally, Main Street Financial Solutions LLC lifted its holdings in shares of S&P Global by 17.2% during the second quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider's stock worth $1,694,000 after buying an additional 472 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on SPGI. Morgan Stanley decreased their price target on shares of S&P Global from $557.00 to $525.00 and set an "overweight" rating on the stock in a research report on Tuesday, July 7th. Robert W. Baird set a $513.00 target price on S&P Global in a research note on Wednesday. BMO Capital Markets increased their price target on shares of S&P Global from $495.00 to $505.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 7th. The Goldman Sachs Group dropped their price objective on S&P Global from $539.00 to $490.00 and set a "buy" rating for the company in a research note on Wednesday, July 1st. Finally, Bank of America dropped their price objective on shares of S&P Global from $575.00 to $550.00 and set a "buy" rating for the company in a report on Friday, July 10th. Eighteen equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $523.59.

S&P Global Stock Up 4.3%

Shares of NYSE SPGI opened at $450.40 on Friday. The firm has a market capitalization of $132.78 billion, a PE ratio of 27.50, a price-to-earnings-growth ratio of 2.08 and a beta of 1.07. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.40. S&P Global Inc. has a 1 year low of $381.61 and a 1 year high of $552.25. The firm's 50-day moving average is $427.63 and its 200-day moving average is $425.27.

S&P Global (NYSE:SPGI - Get Free Report) last posted its earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.81 by $0.02. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.The company had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.09 billion. During the same period in the previous year, the company earned $4.43 EPS. 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 17.500-17.750 EPS. Equities analysts expect that S&P Global Inc. will post 17.75 EPS for the current year.

S&P Global Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be paid a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global's dividend payout ratio is presently 23.69%.

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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