S&P Global Inc. (NYSE:SPGI) Receives Average Recommendation of “Buy” from Analysts

Shares of S&P Global Inc. (NYSE:SPGIGet Free Report) have been assigned an average recommendation of “Buy” from the eighteen analysts that are covering the stock, MarketBeat reports. Seventeen equities research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $562.6667.

A number of analysts have recently commented on SPGI shares. BMO Capital Markets cut their target price on S&P Global from $601.00 to $482.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 11th. Robert W. Baird set a $546.00 target price on S&P Global in a research report on Wednesday, February 11th. Royal Bank Of Canada dropped their price target on S&P Global from $620.00 to $560.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 11th. Mizuho cut their price target on S&P Global from $657.00 to $551.00 and set an “outperform” rating on the stock in a research report on Thursday, February 12th. Finally, Morgan Stanley boosted their price objective on S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th.

Check Out Our Latest Stock Report on SPGI

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. MTM Investment Management LLC acquired a new stake in shares of S&P Global during the second quarter worth about $27,000. J.Safra Asset Management Corp acquired a new position in S&P Global in the 3rd quarter valued at about $29,000. Joseph Group Capital Management purchased a new stake in S&P Global during the 4th quarter valued at approximately $29,000. North Star Investment Management Corp. raised its stake in 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 valued at $32,000 after acquiring an additional 35 shares during the last quarter. Finally, Howard Hughes Medical Institute acquired a new stake in S&P Global during the 2nd quarter worth approximately $36,000. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Trading Down 1.5%

Shares of S&P Global stock opened at $445.69 on Tuesday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.40. The company has a fifty day simple moving average of $481.89 and a 200-day simple moving average of $496.84. The stock has a market cap of $133.17 billion, a price-to-earnings ratio of 30.42, a PEG ratio of 2.00 and a beta of 1.23. S&P Global has a 12-month low of $381.61 and a 12-month high of $579.05.

S&P Global (NYSE:SPGIGet Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing the consensus estimate of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The company had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.89 billion. During the same quarter in the prior year, the business earned $3.77 earnings per share. S&P Global’s revenue was up 9.0% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, equities analysts forecast that S&P Global will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th will be given a $0.97 dividend. This is a positive change from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date is Wednesday, February 25th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s payout ratio is currently 26.48%.

About S&P Global

(Get Free Report)

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.

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Analyst Recommendations for S&P Global (NYSE:SPGI)

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