S&P Global (NYSE:SPGI) Shares Unloaded Rep. Rick W. Allen

Representative Rick W. Allen (Republican-Georgia) recently sold shares of S&P Global Inc. (NYSE:SPGI). In a filing disclosed on June 05th, the Representative disclosed that they had sold between $15,001 and $50,000 in S&P Global stock on April 16th. The trade occurred in the Representative’s “R.W. ALLEN & ASSOCIATES, INC. > RWA&A – SECURITIES” account.

Representative Rick W. Allen also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Intuit (NASDAQ:INTU) on 4/16/2026.
• Sold $15,001 – $50,000 in shares of Procter & Gamble (NYSE:PG) on 4/16/2026.
• Sold $15,001 – $50,000 in shares of Abbott Laboratories (NYSE:ABT) on 4/16/2026.
• Sold $50,001 – $100,000 in shares of Ameriprise Financial (NYSE:AMP) on 4/15/2026.

S&P Global Stock Performance

Shares of NYSE SPGI traded up $7.43 during midday trading on Tuesday, hitting $424.52. The company’s stock had a trading volume of 1,888,533 shares, compared to its average volume of 2,322,409. The stock has a fifty day moving average price of $424.64 and a 200 day moving average price of $460.68. S&P Global Inc. has a one year low of $381.61 and a one year high of $579.05. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $125.66 billion, a price-to-earnings ratio of 26.87, a P/E/G ratio of 1.81 and a beta of 1.08.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.82 by $0.15. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same quarter in the previous year, the firm posted $4.37 earnings per share. The company’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. On average, research analysts forecast that S&P Global Inc. will post 19.61 EPS for the current fiscal year.

S&P Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th will be given a $0.97 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s payout ratio is 24.56%.

Institutional Investors Weigh In On S&P Global

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. DV Trading LLC purchased a new stake in S&P Global during the 1st quarter valued at $238,000. Parallel Advisors LLC boosted its position in S&P Global by 38.0% during the 1st quarter. Parallel Advisors LLC now owns 8,284 shares of the business services provider’s stock valued at $3,524,000 after buying an additional 2,280 shares during the period. NewEdge Advisors LLC boosted its position in S&P Global by 17.9% during the 1st quarter. NewEdge Advisors LLC now owns 20,005 shares of the business services provider’s stock valued at $8,509,000 after buying an additional 3,038 shares during the period. Caerus Investment Advisors LLC purchased a new stake in S&P Global during the 1st quarter valued at $302,000. Finally, First Nebraska Trust Co purchased a new stake in S&P Global during the 1st quarter valued at $419,000. Institutional investors own 87.17% of the company’s stock.

Insider Buying and Selling at S&P Global

In other news, CEO Martina Cheung purchased 2,322 shares of the company’s stock in a transaction on Wednesday, April 29th. The stock was acquired at an average price of $429.93 per share, with a total value 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. This represents a 9.22% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert Edward Jr. Moritz purchased 1,152 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were purchased at an average cost of $434.03 per share, with a total value of $500,002.56. Following the transaction, the director directly owned 1,152 shares in the company, valued at $500,002.56. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought 5,974 shares of company stock valued at $2,576,775 in the last quarter. Company insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

SPGI has been the subject of several recent analyst reports. Stifel Nicolaus reduced their price objective on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. BMO Capital Markets boosted their price target on shares of S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, March 17th. Daiwa Securities Group lowered their price objective on S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. Weiss Ratings lowered S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 11th. Finally, Bank of America assumed coverage on S&P Global in a report on Tuesday, February 17th. They issued a “buy” rating and a $575.00 price target on the stock. Seventeen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $546.39.

About Representative Allen

Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia’s 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia’s 12th Congressional District. He won in the general election on November 5, 2024.

Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction.

After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.

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.