Rep. Dan Newhouse Buys S&P Global Inc. (NYSE:SPGI) Stock

Representative Dan Newhouse (R-Washington) recently bought shares of S&P Global Inc. (NYSE:SPGI). In a filing disclosed on September 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in S&P Global stock on August 18th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of ONEOK (NYSE:OKE) on 8/18/2025.
• Sold $1,001 – $15,000 in shares of RTX (NYSE:RTX) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of General Mills (NYSE:GIS) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Ross Stores (NASDAQ:ROST) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Brown & Brown (NYSE:BRO) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Exxon Mobil (NYSE:XOM) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of AMETEK (NYSE:AME) on 8/18/2025.

S&P Global Stock Performance

NYSE:SPGI opened at $490.89 on Tuesday. The stock has a market cap of $149.87 billion, a P/E ratio of 37.76, a price-to-earnings-growth ratio of 2.61 and a beta of 1.20. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.34. The stock’s 50-day moving average is $539.09 and its 200-day moving average is $515.52. S&P Global Inc. has a 1-year low of $427.14 and a 1-year high of $579.05.

S&P Global (NYSE:SPGI) last announced its earnings results on Thursday, July 31st. The business services provider reported $4.43 EPS for the quarter, beating the consensus estimate of $4.18 by $0.25. S&P Global had a return on equity of 15.11% and a net margin of 27.30%.The business had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.65 billion. During the same period in the prior year, the business posted $4.04 earnings per share. The firm’s revenue was up 5.8% on a year-over-year basis. S&P Global has set its FY 2025 guidance at 17.000-17.250 EPS. Equities research analysts anticipate that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 25th will be issued a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Tuesday, November 25th. S&P Global’s payout ratio is 29.54%.

Analyst Ratings Changes

Several analysts recently commented on the company. UBS Group upped their target price on S&P Global from $575.00 to $620.00 and gave the company a “buy” rating in a report on Tuesday, July 8th. BMO Capital Markets upped their target price on S&P Global from $604.00 to $621.00 and gave the company an “outperform” rating in a report on Friday, August 1st. JPMorgan Chase & Co. upped their target price on S&P Global from $575.00 to $625.00 and gave the company an “overweight” rating in a report on Monday, July 21st. Citigroup upped their target price on S&P Global from $600.00 to $635.00 and gave the company a “buy” rating in a report on Monday, September 15th. Finally, Oppenheimer boosted their price target on S&P Global from $567.00 to $592.00 and gave the company an “outperform” rating in a research note on Wednesday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating and thirteen have given a Buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $614.46.

Hedge Funds Weigh In On S&P Global

Institutional investors have recently modified their holdings of the company. Divergent Planning LLC acquired a new position in shares of S&P Global during the second quarter worth approximately $303,000. Dynamic Advisor Solutions LLC raised its position in shares of S&P Global by 6.3% during the second quarter. Dynamic Advisor Solutions LLC now owns 12,456 shares of the business services provider’s stock worth $6,568,000 after purchasing an additional 733 shares during the period. SCS Capital Management LLC acquired a new position in shares of S&P Global during the first quarter worth approximately $240,000. Foster Victor Wealth Advisors LLC raised its position in shares of S&P Global by 4.6% during the second quarter. Foster Victor Wealth Advisors LLC now owns 31,323 shares of the business services provider’s stock worth $16,562,000 after purchasing an additional 1,383 shares during the period. Finally, Caxton Associates LLP purchased a new stake in S&P Global in the 1st quarter valued at $386,000. 87.17% of the stock is owned by institutional investors and hedge funds.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

About S&P Global

S&P Global, Inc engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.