JPMorgan Chase & Co. Has Lowered Expectations for S&P Global (NYSE:SPGI) Stock Price

S&P Global (NYSE:SPGI) had its price target cut by JPMorgan Chase & Co. from $555.00 to $530.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the business services provider’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 25.90% from the company’s current price.

SPGI has been the subject of a number of other reports. Stifel Nicolaus raised their price target on shares of S&P Global from $489.00 to $521.00 and gave the company a “buy” rating in a report on Friday, July 17th. Wall Street Zen upgraded shares of S&P Global to a “hold” rating in a report on Saturday, July 4th. The Goldman Sachs Group decreased their price objective on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Mizuho raised their target price on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Finally, Zacks Research lowered S&P Global from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. Eighteen equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $523.59.

S&P Global Stock Down 0.8%

NYSE SPGI traded down $3.38 on Wednesday, reaching $420.98. The company had a trading volume of 1,800,633 shares, compared to its average volume of 2,318,357. The firm has a market capitalization of $124.61 billion, a PE ratio of 26.69, a P/E/G ratio of 2.23 and a beta of 1.08. S&P Global has a 1 year low of $381.61 and a 1 year high of $579.05. The firm has a 50-day moving average of $423.99 and a 200-day moving average of $439.95. 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 issued its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.81 by $0.02. The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.12 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. S&P Global’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last year, the company earned $4.43 earnings per share. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, equities research analysts anticipate that S&P Global will post 18.37 EPS for the current fiscal year.

Insider Activity

In related news, Director Robert Edward Jr. Moritz purchased 1,152 shares of S&P Global stock in a transaction dated Thursday, April 30th. The shares were acquired at an average price of $434.03 per share, with a total value of $500,002.56. Following the completion of the transaction, the director owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Catherine R. Clay purchased 2,500 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average price of $431.39 per share, with a total value of $1,078,475.00. Following the completion of the purchase, the chief executive officer directly owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. 0.03% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in S&P Global by 4.7% in the fourth quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock worth $1,582,000 after purchasing an additional 143 shares during the period. Sivia Capital Partners LLC raised its holdings in shares of S&P Global by 7.8% during the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock worth $547,000 after purchasing an additional 75 shares during the period. Neuberger Berman Group LLC lifted its position in shares of S&P Global by 5.5% in the 2nd quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider’s stock worth $893,511,000 after buying an additional 88,526 shares during the last quarter. Jump Financial LLC bought a new position in shares of S&P Global in the 2nd quarter worth about $552,000. Finally, Main Street Financial Solutions LLC boosted its holdings in shares of S&P Global by 17.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 3,212 shares of the business services provider’s stock valued at $1,694,000 after buying an additional 472 shares during the period. Institutional investors own 87.17% of the company’s stock.

Key Headlines Impacting S&P Global

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

• Positive Sentiment: Second-quarter results exceeded expectations: adjusted EPS was $4.83 versus the $4.81 consensus, while revenue rose 10.4% year over year to $4.15 billion, ahead of the $4.12 billion estimate. Ratings and Indices were key contributors to the strong performance. S&P Global Reports Second Quarter Results
• Positive Sentiment: Management highlighted continued AI-driven growth, strength in benchmark products and plans for more than $7 billion of 2026 buybacks following the Mobility spin-off, supporting the company’s capital-return story. SPGI Q2 Earnings Call Highlights AI Growth and Buybacks
• Positive Sentiment: Citigroup raised its price target to $500 and initiated a “buy” rating. Barclays and Robert W. Baird maintained bullish ratings of “overweight” and “outperform,” respectively, despite modestly reducing their targets.
• Positive Sentiment: S&P Global announced expanded private-markets datasets from With Intelligence for Capital IQ Pro, potentially strengthening its data platform and AI-powered workflow offerings. It also agreed to acquire datacenterHawk and a majority stake in Agusto & Company, broadening its infrastructure-data and African credit-market businesses.
• Neutral Sentiment: The company’s Case-Shiller index showed U.S. home prices rose 1.1% annually in May, although prices declined in real terms after accounting for inflation. The release is informative for S&P Global’s data franchise but has limited direct earnings impact.
• Negative Sentiment: Fiscal 2026 adjusted EPS guidance of $17.50–$17.75 was below the roughly $18.98 consensus cited in reports, creating concern that near-term earnings momentum may be weaker than previously expected. S&P Global Guidance and Buybacks
• Negative Sentiment: Erste Group lowered its FY2027 EPS estimate to $20.32 from $20.92, adding to concerns about longer-term earnings expectations.

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.