Fideuram Intesa Sanpaolo Private Banking S.P.A. Raises Stake in S&P Global Inc. $SPGI

Fideuram Intesa Sanpaolo Private Banking S.P.A. increased its position in S&P Global Inc. (NYSE:SPGI) by 11.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,907 shares of the business services provider’s stock after purchasing an additional 1,323 shares during the quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in S&P Global were worth $5,490,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SPGI. Joseph Group Capital Management bought a new position in shares of S&P Global during the 4th quarter worth approximately $29,000. North Star Investment Management Corp. boosted its position in S&P Global by 134.6% in the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after buying an additional 35 shares during the last quarter. Palladiem LLC purchased a new position in shares of S&P Global during the fourth quarter worth $36,000. Palisade Asset Management LLC purchased a new stake in S&P Global in the 3rd quarter worth approximately $36,000. Finally, Ameriflex Group Inc. boosted its stake in shares of S&P Global by 171.4% during the 3rd quarter. Ameriflex Group Inc. now owns 76 shares of the business services provider’s stock worth $37,000 after acquiring an additional 48 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Performance

Shares of SPGI stock opened at $438.31 on Friday. S&P Global Inc. has a 12-month low of $381.61 and a 12-month 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 stock has a 50 day simple moving average of $419.44 and a 200-day simple moving average of $450.59. The company has a market cap of $129.74 billion, a price-to-earnings ratio of 27.74, a price-to-earnings-growth ratio of 1.77 and a beta of 1.08.

S&P Global (NYSE:SPGI) 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. The company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The business’s revenue was up 10.4% on a year-over-year basis. During the same period 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. On average, equities analysts forecast that S&P Global Inc. will post 19.61 EPS for the current year.

S&P Global Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be issued a $0.97 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio is 24.56%.

Insider Activity at S&P Global

In related news, CEO Martina Cheung purchased 2,322 shares of the business’s stock in a transaction dated Wednesday, April 29th. The stock was bought at an average cost of $429.93 per share, with a total value of $998,297.46. Following the completion of the acquisition, the chief executive officer directly owned 27,518 shares in the company, valued at $11,830,813.74. The trade was a 9.22% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Catherine R. Clay bought 2,500 shares of S&P Global stock in a transaction on Friday, May 1st. The stock was purchased at an average price of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the acquisition, the chief executive officer owned 2,500 shares in the company, valued at $1,078,475. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have acquired 5,974 shares of company stock valued at $2,576,775. Insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Rothschild & Co Redburn reduced their price objective on shares of S&P Global from $540.00 to $520.00 and set a “buy” rating for the company in a research report on Thursday, June 18th. Morgan Stanley increased their price target on S&P Global from $556.00 to $557.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Wells Fargo & Company reduced their price target 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. BMO Capital Markets increased their price objective 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. Finally, Mizuho lifted their price target on shares of S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Seventeen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $540.65.

S&P Global 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.