Analysts Set S&P Global Inc. (NYSE:SPGI) Price Target at $523.59

Shares of S&P Global Inc. (NYSE:SPGI) have been given an average recommendation of “Moderate Buy” by the twenty ratings firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eighteen have given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $523.5882.

Several research analysts recently commented on the stock. Morgan Stanley decreased their target price on shares of S&P Global from $557.00 to $525.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 7th. BMO Capital Markets raised their price target on shares of S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a report on Tuesday, July 7th. The Goldman Sachs Group cut their price target on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Daiwa Securities Group decreased their price objective on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. Finally, Zacks Research downgraded shares of S&P Global from a “hold” rating to a “strong sell” rating in a research note on Monday, July 20th.

Institutional Investors Weigh In On S&P Global

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

S&P Global Trading Down 0.6%

Shares of SPGI stock opened at $408.56 on Friday. The business has a 50-day moving average of $422.67 and a 200 day moving average of $430.91. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.95 and a quick ratio of 0.95. S&P Global has a 1-year low of $381.61 and a 1-year high of $579.05. The stock has a market capitalization of $120.44 billion, a PE ratio of 24.94, a P/E/G ratio of 1.85 and a beta of 1.07.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, beating the consensus estimate of $4.81 by $0.02. The firm had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.09 billion. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.The business’s revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.43 earnings per share. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. As a group, sell-side analysts anticipate that S&P Global will post 17.74 earnings per share for the current year.

S&P Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be issued a dividend of $0.97 per share. 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 payout ratio is currently 23.69%.

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.