Strs Ohio Sells 4,486 Shares of S&P Global Inc. $SPGI

Key Points

• Strs Ohio reduced its stake in S&P Global by 4.0%, selling 4,486 shares and leaving it with 108,788 shares valued at about $56.85 million, while institutional investors now own roughly 87.17% of the stock.
• CEO Martina Cheung made an insider purchase of 2,322 shares at an average price of $429.93 (~$998k), increasing her holding by 9.22% to 27,518 shares.
• S&P Global beat quarterly expectations with $4.97 EPS (vs. $4.82 est.) and $4.17B revenue, set FY2026 guidance of 19.400–19.650 EPS, and carries a consensus "Buy" rating with a $550.44 price target.

Strs Ohio reduced its holdings in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 4.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 108,788 shares of the business services provider's stock after selling 4,486 shares during the quarter. Strs Ohio's holdings in S&P Global were worth $56,852,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPGI. Sandro Wealth Management LLC bought a new position in S&P Global in the fourth quarter valued at about $1,774,000. SevenBridge Financial Group LLC increased its position in S&P Global by 4.0% in the fourth quarter. SevenBridge Financial Group LLC now owns 5,535 shares of the business services provider's stock worth $2,963,000 after buying an additional 211 shares in the last quarter. Cornerstone Planning Group LLC increased its position in S&P Global by 680.6% in the fourth quarter. Cornerstone Planning Group LLC now owns 281 shares of the business services provider's stock worth $149,000 after buying an additional 245 shares in the last quarter. PFA Pension Forsikringsaktieselskab purchased a new stake in shares of S&P Global during the fourth quarter worth about $127,269,000. Finally, Horizon Investments LLC grew its position in shares of S&P Global by 13.2% during the fourth quarter. Horizon Investments LLC now owns 21,836 shares of the business services provider's stock worth $11,411,000 after purchasing an additional 2,549 shares in the last quarter. 87.17% of the stock is owned by institutional investors.

Insider Activity at S&P Global

In related news, CEO Martina Cheung bought 2,322 shares of the company's stock in a transaction dated Wednesday, April 29th. The stock was purchased at an average price of $429.93 per share, for a total transaction of $998,297.46. Following the acquisition, the chief executive officer owned 27,518 shares in the company, valued at $11,830,813.74. This trade represents a 9.22% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.03% of the company's stock.

S&P Global Price Performance

Shares of S&P Global stock opened at $426.29 on Friday. The stock has a market cap of $129.36 billion, a price-to-earnings ratio of 26.98, a price-to-earnings-growth ratio of 1.85 and a beta of 1.20. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.82 and a current ratio of 0.68. The stock has a 50 day moving average price of $430.38 and a 200-day moving average price of $473.37. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05.

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

Analyst Ratings Changes

SPGI has been the subject of several research analyst reports. Mizuho cut their target price on S&P Global from $657.00 to $551.00 and set an "outperform" rating for the company in a research report on Thursday, February 12th. Morgan Stanley increased their target price on S&P Global from $556.00 to $557.00 and gave the stock an "overweight" rating in a research report on Wednesday. Jefferies Financial Group increased their target price on S&P Global from $500.00 to $535.00 and gave the stock a "buy" rating in a research report on Monday, April 27th. The Goldman Sachs Group reiterated a "buy" rating on shares of S&P Global in a research report on Tuesday. Finally, Royal Bank Of Canada cut their price target on S&P Global from $620.00 to $560.00 and set an "outperform" rating for the company in a report on Wednesday, February 11th. One 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 MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $550.44.

S&P Global Company Profile

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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