Free Trial

Rep. Jefferson Shreve Sells Off Shares of S&P Global Inc. (NYSE:SPGI)

S&P Global logo with Finance background

Representative Jefferson Shreve (R-Indiana) recently sold shares of S&P Global Inc. NYSE: SPGI. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $50,001 and $100,000 in S&P Global stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

  • Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
  • Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
  • Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
  • Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
  • Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
  • Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
  • Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
  • Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
  • Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
  • Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

S&P Global Price Performance

SPGI stock traded up $4.13 during midday trading on Friday, hitting $534.98. The company's stock had a trading volume of 788,259 shares, compared to its average volume of 1,285,473. S&P Global Inc. has a 12 month low of $427.14 and a 12 month high of $545.39. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $164.08 billion, a price-to-earnings ratio of 42.03, a price-to-earnings-growth ratio of 2.53 and a beta of 1.19. The company has a 50 day moving average of $518.23 and a two-hundred day moving average of $507.07.

S&P Global (NYSE:SPGI - Get Free Report) last posted its earnings results on Tuesday, April 29th. The business services provider reported $4.37 EPS for the quarter, beating analysts' consensus estimates of $4.23 by $0.14. The firm had revenue of $3.78 billion during the quarter, compared to the consensus estimate of $3.72 billion. S&P Global had a return on equity of 14.68% and a net margin of 27.27%. The company's quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company earned $4.01 EPS. On average, analysts expect that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Tuesday, August 26th will be paid a $0.96 dividend. The ex-dividend date is Tuesday, August 26th. This represents a $3.84 annualized dividend and a yield of 0.72%. S&P Global's payout ratio is 30.16%.

Insider Buying and Selling at S&P Global

In related news, EVP Sally Moore sold 500 shares of the company's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $510.43, for a total value of $255,215.00. Following the completion of the transaction, the executive vice president owned 5,131 shares of the company's stock, valued at approximately $2,619,016.33. This represents a 8.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have weighed in on SPGI shares. JPMorgan Chase & Co. increased their target price on S&P Global from $575.00 to $625.00 and gave the stock an "overweight" rating in a research note on Monday. Stifel Nicolaus reduced their price target on shares of S&P Global from $629.00 to $603.00 and set a "buy" rating for the company in a report on Wednesday, April 30th. Morgan Stanley boosted their price target on shares of S&P Global from $587.00 to $595.00 and gave the company an "overweight" rating in a report on Monday, July 7th. Wells Fargo & Company increased their target price on S&P Global from $627.00 to $632.00 and gave the company an "overweight" rating in a research report on Thursday, July 3rd. Finally, UBS Group boosted their price target on S&P Global from $575.00 to $620.00 and gave the stock a "buy" rating in a research report on Tuesday, July 8th. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $601.07.

View Our Latest Stock Report on S&P Global

Institutional Investors Weigh In On S&P Global

Institutional investors have recently added to or reduced their stakes in the business. Minot DeBlois Advisors LLC purchased a new position in S&P Global during the fourth quarter valued at approximately $25,000. Cheviot Value Management LLC purchased a new position in S&P Global in the first quarter valued at $26,000. Costello Asset Management INC acquired a new position in shares of S&P Global in the first quarter worth about $26,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of S&P Global during the 2nd quarter worth about $26,000. Finally, Anderson Financial Strategies LLC acquired a new stake in shares of S&P Global during the 4th quarter valued at about $27,000. Institutional investors and hedge funds own 87.17% of the company's stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

S&P Global Company Profile

(Get Free Report)

S&P Global, Inc engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.

Further Reading

Should You Invest $1,000 in S&P Global Right Now?

Before you consider S&P Global, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and S&P Global wasn't on the list.

While S&P Global currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Stocks Set to Soar in Summer 2025 Cover

Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines