Zacks Research Downgrades S&P Global (NYSE:SPGI) to Strong Sell

S&P Global (NYSE:SPGI) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other research firms have also recently issued reports on SPGI. Mizuho increased their target price on S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. JPMorgan Chase & Co. upped their price target on shares of S&P Global from $535.00 to $555.00 and gave the company an “overweight” rating in a report on Monday. Jefferies Financial Group increased their price objective on shares of S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Royal Bank Of Canada dropped their price objective on shares of S&P Global from $560.00 to $510.00 and set an “outperform” rating on the stock in a report on Tuesday, July 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of S&P Global in a report on Monday, July 6th. Eighteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, S&P Global presently has an average rating of “Moderate Buy” and a consensus price target of $533.59.

S&P Global Stock Down 3.9%

Shares of S&P Global stock opened at $430.69 on Monday. S&P Global has a 1 year low of $381.61 and a 1 year high of $579.05. The business has a 50-day moving average of $422.04 and a two-hundred day moving average of $443.53. The company has a market capitalization of $127.48 billion, a P/E ratio of 27.26, a price-to-earnings-growth ratio of 2.15 and a beta of 1.08. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same quarter last year, the firm posted $4.37 earnings per share. S&P Global’s 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. As a group, equities analysts predict that S&P Global will post 19.47 EPS for the current year.

Insider Buying and Selling at S&P Global

In other S&P Global news, Director Robert Edward Jr. Moritz purchased 1,152 shares of the stock in a transaction on Thursday, April 30th. The shares were purchased at an average cost of $434.03 per share, for a total transaction of $500,002.56. Following the purchase, the director owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. This represents a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Catherine R. Clay purchased 2,500 shares of the business’s stock in a transaction on Friday, May 1st. The shares were acquired at an average cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the transaction, the chief executive officer directly owned 2,500 shares in the company, valued at approximately $1,078,475. This represents a ? increase in their ownership of the stock. 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 worth $2,576,775. Insiders own 0.03% of the company’s stock.

Institutional Trading of S&P Global

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Joseph Group Capital Management acquired a new position in S&P Global during the fourth quarter valued at approximately $29,000. North Star Investment Management Corp. increased its position in shares of S&P Global by 134.6% during the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after purchasing an additional 35 shares during the last quarter. Palladiem LLC acquired a new position in shares of S&P Global during the 4th quarter worth approximately $36,000. Palisade Asset Management LLC bought a new stake in shares of S&P Global during the 3rd quarter worth approximately $36,000. Finally, Swiss RE Ltd. bought a new stake in shares of S&P Global during the 4th quarter worth approximately $39,000. Institutional investors own 87.17% of the company’s stock.

Key Stories Impacting S&P Global

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: Robert W. Baird raised its price target on S&P Global (SPGI) to $521 and kept an outperform rating, suggesting meaningful upside from current levels. Benzinga
• Positive Sentiment: JPMorgan also lifted its price target on SPGI to $555 and maintained an overweight rating, reinforcing a bullish analyst view. Benzinga
• Positive Sentiment: S&P Dow Jones Indices and Pantera Capital launched the S&P Pantera Digital Asset Index, a rules-based benchmark for institutional digital-asset investing that could strengthen S&P Global’s index business and credibility in crypto-related products. PR Newswire
• Neutral Sentiment: Recent commentary notes S&P Global’s upcoming earnings report is expected to show growth, but one preview said the company may not have the ideal setup for an earnings beat, keeping expectations mixed. Zacks
• Neutral Sentiment: Erste Group Bank reportedly cut FY2027 EPS estimates for SPGI, which adds some caution around longer-term earnings expectations. American Banking News
• Neutral Sentiment: Online value-investor chatter has been positive on SPGI, comparing it favorably with other high-profile names, but this is more sentiment than a fundamental catalyst. Insider Monkey

S&P Global Company 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.