Meadowbrook Advisors Group LLC Purchases Shares of 1,285 S&P Global Inc. $SPGI

Meadowbrook Advisors Group LLC purchased a new stake in S&P Global Inc. (NYSE:SPGI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,285 shares of the business services provider’s stock, valued at approximately $672,000.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its position in S&P Global by 4.7% during the fourth quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock worth $1,582,000 after buying an additional 143 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of S&P Global by 7.8% in the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock valued at $547,000 after acquiring an additional 75 shares in the last quarter. Neuberger Berman Group LLC lifted its position in shares of S&P Global by 5.5% in the second quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider’s stock valued at $893,511,000 after acquiring an additional 88,526 shares in the last quarter. Jump Financial LLC acquired a new stake in shares of S&P Global during the second quarter valued at $552,000. Finally, Main Street Financial Solutions LLC boosted its stake in shares of S&P Global by 17.2% during the second quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider’s stock valued at $1,694,000 after acquiring an additional 472 shares during the last quarter. 87.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on SPGI shares. UBS Group reiterated a “buy” rating on shares of S&P Global in a research report on Wednesday, May 27th. Jefferies Financial Group upped their target price on shares of S&P Global from $500.00 to $535.00 and gave the company a “buy” rating in a report on Monday, April 27th. Daiwa Securities Group decreased their price target on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. BMO Capital Markets lifted their price target on shares of S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, March 17th. Finally, Rothschild & Co Redburn cut 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. Eighteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $545.28.

Insider Activity

In related news, CEO Catherine R. Clay acquired 2,500 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was bought at an average price of $431.39 per share, with a total value of $1,078,475.00. Following the purchase, the chief executive officer directly owned 2,500 shares in the company, valued at $1,078,475. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Robert Edward Jr. Moritz acquired 1,152 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were bought at an average price of $434.03 per share, for a total transaction of $500,002.56. Following the completion of the acquisition, the director owned 1,152 shares in the company, valued at approximately $500,002.56. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 5,974 shares of company stock valued at $2,576,775 in the last 90 days. 0.03% of the stock is currently owned by insiders.

S&P Global Price Performance

SPGI stock opened at $411.32 on Friday. The stock has a market capitalization of $121.75 billion, a price-to-earnings ratio of 26.03, a price-to-earnings-growth ratio of 1.75 and a beta of 1.08. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.34. S&P Global Inc. has a 52-week low of $381.61 and a 52-week high of $579.05. The stock’s fifty day simple moving average is $423.56 and its 200-day simple moving average is $456.29.

S&P Global (NYSE:SPGI) last released its earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, beating 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 analyst estimates of $4.08 billion. During the same period in the prior year, the firm posted $4.37 earnings per share. The business’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. Equities research analysts expect that S&P Global Inc. will post 19.61 EPS for the current year.

S&P Global Announces Dividend

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

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.