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S&P Global Inc. $SPGI Shares Sold by Benjamin Edwards Inc.

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Key Points

  • Benjamin Edwards Inc. trimmed its stake in S&P Global by 3.6% in Q4, selling 3,499 shares and leaving 94,982 shares valued at about $49.66 million.
  • S&P Global beat Q1 estimates with $4.97 EPS (vs. $4.82 expected) and $4.17B revenue (up 10.4% YoY), set FY2026 EPS guidance of 19.400–19.650, and holds a consensus analyst target of $550.44.
  • Insider activity: CEO Martina Cheung purchased 2,322 shares (~$998k), raising her stake 9.22%, while corporate insiders own just 0.03% and institutional investors control about 87.17% of the stock.
  • Five stocks we like better than S&P Global.

Benjamin Edwards Inc. decreased its position in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 3.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 94,982 shares of the business services provider's stock after selling 3,499 shares during the period. Benjamin Edwards Inc.'s holdings in S&P Global were worth $49,656,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Jones Financial Companies Lllp increased its holdings in S&P Global by 17.7% in the third quarter. Jones Financial Companies Lllp now owns 66,809 shares of the business services provider's stock worth $32,541,000 after buying an additional 10,044 shares during the last quarter. Prime Capital Investment Advisors LLC increased its holdings in S&P Global by 324.8% in the third quarter. Prime Capital Investment Advisors LLC now owns 28,094 shares of the business services provider's stock worth $13,673,000 after buying an additional 21,481 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in S&P Global by 3.3% in the third quarter. Envestnet Asset Management Inc. now owns 938,251 shares of the business services provider's stock worth $456,656,000 after buying an additional 30,080 shares during the last quarter. Collier Financial acquired a new position in S&P Global in the third quarter worth approximately $2,865,000. Finally, Mawer Investment Management Ltd. increased its holdings in S&P Global by 27.3% in the third quarter. Mawer Investment Management Ltd. now owns 168,229 shares of the business services provider's stock worth $81,879,000 after buying an additional 36,078 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company's stock.

S&P Global Stock Down 1.1%

Shares of SPGI stock opened at $426.29 on Friday. The stock has a market cap of $126.18 billion, a P/E ratio of 26.98, a price-to-earnings-growth ratio of 1.82 and a beta of 1.11. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05. The stock has a fifty day moving average price of $430.38 and a 200 day moving average price of $473.33. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.82.

S&P Global (NYSE:SPGI - Get Free Report) last issued its 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 return on equity of 17.26% and a net margin of 30.37%.The firm had revenue of $4.17 billion during the quarter, compared to analysts' expectations of $4.08 billion. During the same period last year, the business earned $4.37 earnings per share. S&P Global's quarterly revenue 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. Analysts predict that S&P Global Inc. will post 19.58 earnings per share for the current year.

Insider Transactions at S&P Global

In related news, CEO Martina Cheung acquired 2,322 shares of the company's stock in a transaction on Wednesday, April 29th. The stock was purchased at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the purchase, the chief executive officer directly owned 27,518 shares of the company's stock, valued at $11,830,813.74. The trade was a 9.22% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.03% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

SPGI has been the topic of a number of research reports. Jefferies Financial Group increased their price objective on S&P Global from $500.00 to $535.00 and gave the stock a "buy" rating in a report on Monday, April 27th. Royal Bank Of Canada dropped their price objective on S&P Global from $620.00 to $560.00 and set an "outperform" rating on the stock in a report on Wednesday, February 11th. The Goldman Sachs Group restated a "buy" rating on shares of S&P Global in a report on Tuesday. Robert W. Baird set a $546.00 price objective on S&P Global in a report on Wednesday, February 11th. Finally, Bank of America initiated coverage on S&P Global in a report on Tuesday, February 17th. They issued a "buy" rating and a $575.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $550.44.

Get Our Latest Research Report on S&P Global

About S&P Global

(Free Report)

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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Want to see what other hedge funds are holding SPGI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for S&P Global Inc. (NYSE:SPGI - Free Report).

Institutional Ownership by Quarter for S&P Global (NYSE:SPGI)

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