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

Zacks Research downgraded shares of S&P Global (NYSE:SPGI) from a hold rating to a strong sell rating in a report issued on Monday morning,Zacks.com reports.

Other analysts have also issued research reports about the company. Bank of America decreased their price objective on S&P Global from $575.00 to $550.00 and set a “buy” rating for the company in a report on Friday, July 10th. Evercore dropped their target price on S&P Global from $625.00 to $560.00 and set an “outperform” rating on the stock in a research note on Thursday, April 16th. Stifel Nicolaus upped their target price on S&P Global from $489.00 to $521.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of S&P Global in a research note on Monday, July 6th. Finally, Royal Bank Of Canada lowered their price target on S&P Global from $560.00 to $510.00 and set an “outperform” rating for the company in a report on Tuesday, July 7th. Eighteen analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, S&P Global currently has a consensus rating of “Moderate Buy” and a consensus target price of $533.59.

S&P Global Trading Down 0.5%

NYSE SPGI opened at $428.98 on Monday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.34. The firm has a market cap of $126.98 billion, a PE ratio of 27.15, a price-to-earnings-growth ratio of 2.19 and a beta of 1.08. The company has a 50 day moving average price of $422.48 and a 200 day moving average price of $442.87. S&P Global has a 52 week low of $381.61 and a 52 week high of $579.05.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, beating the consensus estimate of $4.82 by $0.15. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The company had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.08 billion. During the same period last year, the firm earned $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, sell-side analysts forecast that S&P Global will post 18.37 EPS for the current fiscal year.

S&P Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be given a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, August 26th. S&P Global’s dividend payout ratio (DPR) is currently 24.56%.

Insider Buying and Selling at S&P Global

In other news, Director Robert Edward Jr. Moritz bought 1,152 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average cost of $434.03 per share, for a total transaction of $500,002.56. Following the purchase, the director directly owned 1,152 shares in the company, valued at approximately $500,002.56. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Catherine R. Clay purchased 2,500 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were purchased at an average price of $431.39 per share, for a total transaction of $1,078,475.00. Following the transaction, the chief executive officer owned 2,500 shares of the company’s stock, valued at $1,078,475. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders purchased 5,974 shares of company stock valued at $2,576,775. 0.03% of the stock is owned by company insiders.

Institutional Investors Weigh In On S&P Global

Several hedge funds have recently modified their holdings of SPGI. Tema ETFs LLC boosted its position in S&P Global by 9.7% during the second quarter. Tema ETFs LLC now owns 7,748 shares of the business services provider’s stock worth $3,155,000 after purchasing an additional 683 shares in the last quarter. William Mack & Associates Inc. acquired a new position in shares of S&P Global during the 2nd quarter worth approximately $246,000. Charles Schwab Trust Co purchased a new position in shares of S&P Global during the 2nd quarter valued at approximately $204,000. Fulton Bank N.A. lifted its position in shares of S&P Global by 69.3% during the 2nd quarter. Fulton Bank N.A. now owns 1,852 shares of the business services provider’s stock valued at $754,000 after buying an additional 758 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC grew its stake in S&P Global by 23.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,031 shares of the business services provider’s stock valued at $420,000 after acquiring an additional 194 shares during the period. 87.17% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting S&P Global

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

• Positive Sentiment: RBC/Baird-like bull case support continues, with Robert W. Baird raising its price target on S&P Global and maintaining an outperform rating, implying meaningful upside from current levels. Benzinga article
• Positive Sentiment: S&P Global and Pantera Capital launched the S&P Pantera Digital Asset Index, giving the company another way to monetize index products in a fast-growing digital-asset market. Press release
• Positive Sentiment: The company also introduced an AI data service, reinforcing its push into higher-growth data and analytics offerings. Yahoo Finance article
• Neutral Sentiment: S&P Global presented at a GenAI fundraising event, which keeps the company visible in the AI/data ecosystem but does not appear to be a major fundamental catalyst on its own. Seeking Alpha transcript
• Neutral Sentiment: Erste Group’s FY2027 earnings estimate came in above consensus, suggesting long-term earnings potential remains solid, though it was not a major market-moving update.
• Negative Sentiment: Zacks Research downgraded S&P Global from hold to strong sell, adding pressure by signaling concern about the stock’s near-term risk/reward. Tickerreport summary
• Negative Sentiment: One article argued the stock could be overvalued even after a recent $1 billion note exchange, reinforcing investor caution around valuation. Yahoo Finance article
• Negative Sentiment: Zacks also said SPGI may not have the right setup for an earnings beat ahead of its upcoming report, which could temper enthusiasm before results. Zacks article

About S&P Global

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.