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Sunday, April 2, 2023

S&P Global Inc. (NYSE: SPGI) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for S&P Global Inc. (SPGI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $2.10, or 0.62%, to $342.00. The S&P Global Inc. has recorded 57,177 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Exponent Set to Join S&P MidCap 400; CVR Energy and Certara to Join S&P SmallCap 600.

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Stocks Info

S&P Global Inc. is listed on the NYSE as a member of the Financial sector and is a part of the Financial Data & Stock Exchanges industry. At the end of the last regular session, the stock closed at $339.90 and fluctuated between $341.56 as its day high and $332.29 as its day low. The current market capitalization of S&P Global Inc. is $111.93B. A total of 1.35 million shares were traded on the day, compared to an average of 1.43M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, SPGI has seen 36 BUY and 54 SELL insider trades, representing the acquisition of 43,799 and the disposition of 33,406 shares. Over the last 12 months, there were 42 BUYs and 79 SELLs from insiders. Insiders purchased 48,728 shares during that period but sold 109,458.

In the most recent transaction, Peterson Douglas L. sold 7,500 shares of SPGI for 360.52 per share on Feb 15. After the transaction, the CEO & President now owns 160,816 company shares. In a previous transaction on Feb 15, Saha Saugata sold 750 shares at 365.33 per share. SPGI shares that President, Commodity Insights owns now total 2,587.

Among the insiders who sold shares, Saha Saugata disposed of 750 shares on Feb 14 at a per-share price of $369.47. This resulted in the President, Commodity Insights holding 3,337 shares of SPGI after the transaction. In another insider transaction, Moore Sally sold 3,499 shares at $367.30 per share on Feb 13. Company shares held by the EVP, Global Head of Strategy now total 4,957.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. S&P Global Inc. pays an annual dividend of $3.60, resulting in a dividend yield of 1.06%, and it has a price to earnings (P/E) ratio of 32.38. SPGI’s most recent ex-dividend date was 2/23/2023 when it declared a $0.90 quarterly dividend that was paid in cash on 3/10/2023. Previously, the company paid the dividend on 12/12/2022 with an ex-dividend date of 11/25/2022. The SPGI stock dividend was $0.85 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for SPGI in the last 3 months, the mean price target is $404.94 with high estimates of $434.00 and low estimates of $340.00. In terms of 52-week highs and lows, SPGI has a high of $423.55 and a low of $279.32.

As of this writing, SPGI has an earnings estimate of $2.9 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $3.22 per share and a lower estimate of $2.62. The company reported an EPS of $2.93 in the last quarter, which was 5.00% higher than expectations of $2.79.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 22 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SPGI is Sell with a score of 4.82. A total of 15 analysts rated the stock as Buy while 5 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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