Howe & Rusling Inc. Has $5.62 Million Stock Position in S&P Global Inc. $SPGI

Howe & Rusling Inc. boosted its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 27.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,209 shares of the business services provider’s stock after purchasing an additional 2,860 shares during the period. Howe & Rusling Inc.’s holdings in S&P Global were worth $5,618,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of SPGI. YANKCOM Partnership raised its holdings in shares of S&P Global by 7.9% during the 4th quarter. YANKCOM Partnership now owns 259 shares of the business services provider’s stock worth $135,000 after buying an additional 19 shares in the last quarter. LeConte Wealth Management LLC boosted its stake in S&P Global by 4.1% in the fourth quarter. LeConte Wealth Management LLC now owns 511 shares of the business services provider’s stock valued at $267,000 after buying an additional 20 shares in the last quarter. Elwood & Goetz Wealth Advisory Group LLC boosted its stake in S&P Global by 3.3% in the fourth quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 632 shares of the business services provider’s stock valued at $330,000 after buying an additional 20 shares in the last quarter. Steigerwald Gordon & Koch Inc. boosted its stake in S&P Global by 15.6% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 148 shares of the business services provider’s stock valued at $77,000 after buying an additional 20 shares in the last quarter. Finally, Embree Financial Group grew its position in S&P Global by 2.0% in the fourth quarter. Embree Financial Group now owns 1,090 shares of the business services provider’s stock valued at $570,000 after acquiring an additional 21 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Trading Down 0.4%

Shares of SPGI stock opened at $438.31 on Friday. S&P Global Inc. has a twelve month low of $381.61 and a twelve month high of $579.05. The stock’s fifty day simple moving average is $419.23 and its 200 day simple moving average is $450.50. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $129.74 billion, a P/E ratio of 27.74, a P/E/G ratio of 1.88 and a beta of 1.08.

S&P Global (NYSE:SPGI) last posted 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 the consensus estimate of $4.08 billion. During the same period last year, the company earned $4.37 earnings per share. The business’s quarterly revenue was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, sell-side analysts predict that S&P Global Inc. will post 19.61 EPS for the current fiscal year.

S&P Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be issued a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Wednesday, August 26th. S&P Global’s dividend payout ratio (DPR) is 24.56%.

Insider Activity at S&P Global

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

Analyst Ratings Changes

Several research analysts have commented on SPGI shares. Daiwa Securities Group lowered their target price on S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Weiss Ratings downgraded shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 11th. Wall Street Zen raised shares of S&P Global to a “hold” rating in a report on Saturday. Rothschild & Co Redburn lowered 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. Finally, Wells Fargo & Company dropped their price objective on shares of S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a research note on Monday, April 13th. Seventeen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, S&P Global presently has a consensus rating of “Moderate Buy” and a consensus price target of $540.65.

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.