Marks Group Wealth Management Inc Has $389,000 Holdings in S&P Global Inc. $SPGI

Key Points

• Marks Group Wealth Management slashed its S&P Global stake by 87% in the first quarter, selling 6,128 shares and leaving it with 915 shares valued at about $389,000.
• S&P Global reported better-than-expected Q1 earnings of $4.97 per share on revenue of $4.17 billion, with revenue up 10.4% year over year. The company also reaffirmed an upbeat outlook, guiding FY 2026 EPS to $19.40-$19.65.
• Despite some valuation concerns, Wall Street remains largely positive: analysts have a Moderate Buy consensus with a target of $533.88, and recent insider purchases by the CEO signal confidence in the stock.

Marks Group Wealth Management Inc decreased its holdings in S&P Global Inc. (NYSE:SPGI - Free Report) by 87.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 915 shares of the business services provider's stock after selling 6,128 shares during the quarter. Marks Group Wealth Management Inc's holdings in S&P Global were worth $389,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SPGI. Ethos Financial Group LLC grew its position in shares of S&P Global by 4.7% in the 1st quarter. Ethos Financial Group LLC now owns 808 shares of the business services provider's stock valued at $344,000 after buying an additional 36 shares during the last quarter. Meridian Management Co. bought a new position in shares of S&P Global during the first quarter worth about $2,576,000. Sigma Planning Corp raised its position in shares of S&P Global by 7.5% during the first quarter. Sigma Planning Corp now owns 1,156 shares of the business services provider's stock worth $492,000 after acquiring an additional 81 shares during the last quarter. Camden National Bank lifted its stake in shares of S&P Global by 32.1% in the first quarter. Camden National Bank now owns 19,566 shares of the business services provider's stock worth $8,322,000 after acquiring an additional 4,754 shares during the period. Finally, Mill Capital Management LLC acquired a new position in shares of S&P Global in the first quarter worth approximately $18,490,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Stock Down 1.5%

Shares of S&P Global stock opened at $450.57 on Friday. The stock's 50-day moving average is $421.35 and its 200 day moving average is $445.32. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05. The firm has a market cap of $133.37 billion, a price-to-earnings ratio of 28.52, a PEG ratio of 2.21 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.

S&P Global (NYSE:SPGI - Get Free Report) last issued its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $4.08 billion. During the same period in the previous year, the company posted $4.37 earnings per share. The firm's revenue for the quarter 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. Equities research analysts anticipate that S&P Global Inc. will post 19.32 EPS for the current year.

S&P Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be paid a $0.97 dividend. The ex-dividend date is Wednesday, August 26th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global's payout ratio is currently 24.56%.

Key Headlines Impacting S&P Global

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: Stifel Nicolaus raised its price target on S&P Global to $521 from $489 and kept a buy rating, implying roughly 15.6% upside from the current share price. Benzinga Street Insider
• Positive Sentiment: S&P Global Energy said booming U.S. LNG exports could add $1.4 trillion to GDP through 2040 and support hundreds of thousands of jobs, reinforcing the company’s research and energy-market credibility. Reuters
• Positive Sentiment: S&P Global Market Intelligence launched ETF Intelligence, a new analytics product aimed at the fast-growing ETF market, which could help expand data and subscription revenue over time. PR Newswire
• Neutral Sentiment: Erste Group Bank lowered its FY2026 EPS estimate for S&P Global to $18.60 from $19.62, which is below the current consensus estimate of $19.49 and may temper expectations. MarketBeat
• Neutral Sentiment: Separate commentary flagged the stock as expensive on fair value and earnings, suggesting valuation remains a concern for some investors. Yahoo Finance
• Negative Sentiment: One market report said S&P Global underperformed peers on Wednesday, indicating some relative weakness versus competitors. MarketWatch

Analyst Upgrades and Downgrades

SPGI has been the topic of several analyst reports. Evercore reduced their target price on S&P Global from $625.00 to $560.00 and set an "outperform" rating on the stock in a report on Thursday, April 16th. Daiwa Securities Group lowered their price target on shares of S&P Global from $490.00 to $485.00 and set an "outperform" rating for the company in a report on Wednesday, May 20th. UBS Group dropped their price target on shares of S&P Global from $550.00 to $525.00 and set a "buy" rating on the stock in a research report on Tuesday, July 7th. Jefferies Financial Group upped their price objective on shares of S&P Global from $500.00 to $535.00 and gave the company a "buy" rating in a research note on Monday, April 27th. Finally, Rothschild & Co Redburn decreased their price objective on shares of S&P Global from $540.00 to $520.00 and set a "buy" rating for the company in a research report on Thursday, June 18th. 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 currently has an average rating of "Moderate Buy" and a consensus price target of $533.88.

Insider Activity at S&P Global

In related news, CEO Martina Cheung bought 2,322 shares of the company's stock in a transaction that occurred on Wednesday, April 29th. The shares were bought at an average price of $429.93 per share, for a total transaction of $998,297.46. Following the transaction, the chief executive officer directly owned 27,518 shares of the company's stock, valued at approximately $11,830,813.74. The trade was a 9.22% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 completion of the purchase, the chief executive officer owned 2,500 shares of the company's stock, valued at $1,078,475. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 5,974 shares of company stock worth $2,576,775 in the last quarter. Company insiders own 0.03% of the company's stock.

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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