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

S&P Global Inc. (NYSE:SPGI) has received an average rating of “Moderate Buy” from the twenty brokerages that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eighteen have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $523.5882.

Several analysts recently weighed in on SPGI shares. Stifel Nicolaus lifted their price objective on S&P Global from $489.00 to $521.00 and gave the company a “buy” rating in a report on Friday, July 17th. Zacks Research downgraded shares of S&P Global from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. UBS Group reduced their price target on shares of S&P Global from $550.00 to $525.00 and set a “buy” rating for the company in a report on Tuesday, July 7th. Citigroup upped their price target on shares of S&P Global from $454.00 to $500.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, The Goldman Sachs Group dropped their price objective on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st.

S&P Global Stock Down 0.0%

Shares of NYSE:SPGI opened at $443.30 on Tuesday. The business’s 50 day moving average is $428.99 and its 200 day moving average is $425.73. The stock has a market cap of $130.68 billion, a P/E ratio of 27.06, a price-to-earnings-growth ratio of 2.14 and a beta of 1.07. S&P Global has a 52-week low of $381.61 and a 52-week high of $552.25. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.40.

S&P Global (NYSE:SPGI) last issued its earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, beating analysts’ consensus estimates of $4.81 by $0.02. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.The business had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.09 billion. During the same period in the previous year, the company posted $4.43 EPS. S&P Global’s revenue was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Sell-side analysts predict that S&P Global will post 17.75 EPS for the current year.

S&P Global Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be issued a dividend of $0.97 per share. The ex-dividend date is Wednesday, August 26th. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. S&P Global’s dividend payout ratio is currently 23.69%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in SPGI. Pingora Partners LLC bought a new position in S&P Global in the second quarter worth about $29,000. Palladiem LLC purchased a new position in shares of S&P Global in the 4th quarter worth approximately $36,000. Palisade Asset Management LLC purchased a new position in shares of S&P Global in the 3rd quarter worth approximately $36,000. Swiss RE Ltd. bought a new position in shares of S&P Global during the 4th quarter worth approximately $39,000. Finally, WPG Advisers LLC raised its stake in shares of S&P Global by 37.0% during the 2nd quarter. WPG Advisers LLC now owns 100 shares of the business services provider’s stock worth $41,000 after acquiring an additional 27 shares in the last quarter. 87.17% of the stock is owned by institutional investors.

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.