S&P Global Inc. (NYSE:SPGI) Given Average Rating of “Buy” by Analysts

S&P Global Inc. (NYSE:SPGI) has received a consensus rating of “Buy” from the eighteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $563.5333.

Several research analysts have commented on SPGI shares. Barclays restated an “overweight” rating and issued a $565.00 target price on shares of S&P Global in a research report on Monday, February 23rd. UBS Group reduced their price objective on S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. Robert W. Baird set a $546.00 price objective on S&P Global in a report on Wednesday, February 11th. Wells Fargo & Company lowered their target price on S&P Global from $675.00 to $530.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Finally, BMO Capital Markets lifted their target price on S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research note on Tuesday, March 17th.

Institutional Investors Weigh In On S&P Global

Several institutional investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp increased its holdings in shares of S&P Global by 17.7% in the third quarter. Jones Financial Companies Lllp now owns 66,809 shares of the business services provider’s stock valued at $32,541,000 after buying an additional 10,044 shares in the last quarter. Prime Capital Investment Advisors LLC boosted its stake in shares of S&P Global by 324.8% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 28,094 shares of the business services provider’s stock worth $13,673,000 after acquiring an additional 21,481 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of S&P Global by 3.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 938,251 shares of the business services provider’s stock worth $456,656,000 after acquiring an additional 30,080 shares in the last quarter. Collier Financial acquired a new position in shares of S&P Global in the 3rd quarter worth $2,865,000. Finally, Mawer Investment Management Ltd. grew its holdings in shares of S&P Global by 27.3% in the 3rd quarter. Mawer Investment Management Ltd. now owns 168,229 shares of the business services provider’s stock worth $81,879,000 after acquiring an additional 36,078 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Stock Performance

SPGI stock opened at $431.09 on Friday. 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 $130.82 billion, a price-to-earnings ratio of 29.43, a PEG ratio of 1.91 and a beta of 1.20. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 0.82. The stock’s fifty day moving average is $439.26 and its two-hundred day moving average is $481.30.

S&P Global (NYSE:SPGI) last released 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). The firm had revenue of $3.92 billion for the quarter, compared to the consensus estimate of $3.89 billion. S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The firm’s revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.77 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, research analysts predict that S&P Global will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were issued a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend yield of 0.9%. This is a positive change from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend was Wednesday, February 25th. S&P Global’s dividend payout ratio is 26.48%.

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.