Sandro Wealth Management LLC Buys Shares of 3,395 S&P Global Inc. $SPGI

Key Points

• Sandro Wealth Management LLC bought a new stake of 3,395 shares of S&P Global worth about $1.774M, representing roughly 1.5% of its portfolio and making SPGI its 25th-largest holding.
• S&P Global beat quarterly expectations with EPS $4.97 vs. $4.82 and revenue of $4.17B vs. $4.08B (revenue up 10.4% YoY), and set FY2026 guidance of 19.400–19.650 EPS (analysts expect ~19.56).
• CEO Martina Cheung purchased 2,322 shares (~$998k), while institutional investors own about 87.17% of the stock and analysts hold a consensus "Buy" rating with a target price of $550.44.

Sandro Wealth Management LLC bought a new stake in shares of S&P Global Inc. (NYSE:SPGI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,395 shares of the business services provider's stock, valued at approximately $1,774,000. S&P Global accounts for about 1.5% of Sandro Wealth Management LLC's investment portfolio, making the stock its 25th largest position.

A number of other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in S&P Global by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 30,374,366 shares of the business services provider's stock valued at $15,873,340,000 after purchasing an additional 117,728 shares during the period. Wellington Management Group LLP increased its position in S&P Global by 4.6% during the 3rd quarter. Wellington Management Group LLP now owns 6,231,644 shares of the business services provider's stock valued at $3,033,003,000 after purchasing an additional 274,285 shares during the period. Legal & General Group Plc increased its position in S&P Global by 3.2% during the 3rd quarter. Legal & General Group Plc now owns 2,202,872 shares of the business services provider's stock valued at $1,072,160,000 after purchasing an additional 67,868 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in S&P Global by 7.1% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,965,082 shares of the business services provider's stock valued at $956,425,000 after purchasing an additional 130,177 shares during the period. Finally, Unisphere Establishment increased its position in S&P Global by 5.9% during the 2nd quarter. Unisphere Establishment now owns 1,800,000 shares of the business services provider's stock valued at $949,122,000 after purchasing an additional 100,000 shares during the period. Hedge funds and other institutional investors own 87.17% of the company's stock.

S&P Global Stock Down 1.1%

NYSE:SPGI opened at $426.29 on Friday. The company has a market cap of $129.36 billion, a PE ratio of 26.98, a P/E/G ratio of 1.85 and a beta of 1.20. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $579.05. The company has a current ratio of 0.68, a quick ratio of 0.82 and a debt-to-equity ratio of 0.34. The company's 50 day moving average is $430.38 and its two-hundred day moving average is $473.37.

S&P Global (NYSE:SPGI - Get Free Report) last released its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, topping the consensus estimate of $4.82 by $0.15. The company had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. S&P Global's revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Analysts anticipate that S&P Global Inc. will post 19.56 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Martina Cheung bought 2,322 shares of the company's stock in a transaction on Wednesday, April 29th. The shares were bought 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 in the company, valued at approximately $11,830,813.74. This trade represents a 9.22% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.03% of the company's stock.

Analysts Set New Price Targets

A number of research firms have commented on SPGI. Weiss Ratings downgraded shares of S&P Global from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, March 11th. Stifel Nicolaus cut their price objective on shares of S&P Global from $599.00 to $489.00 and set a "buy" rating on the stock in a research report on Wednesday, February 11th. Mizuho cut their price objective on shares of S&P Global from $657.00 to $551.00 and set an "outperform" rating on the stock in a research report on Thursday, February 12th. Wells Fargo & Company cut their price objective on shares of S&P Global from $530.00 to $525.00 and set an "overweight" rating on the stock in a research report on Monday, April 13th. Finally, Royal Bank Of Canada cut their price objective on shares of S&P Global from $620.00 to $560.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $550.44.

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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