S&P Global Inc. (NYSE:SPGI) Short Interest Update

S&P Global Inc. (NYSE:SPGI) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 4,881,483 shares, an increase of 56.7% from the January 29th total of 3,116,092 shares. Approximately 1.6% of the company’s stock are short sold. Based on an average daily trading volume, of 5,365,668 shares, the short-interest ratio is presently 0.9 days. Based on an average daily trading volume, of 5,365,668 shares, the short-interest ratio is presently 0.9 days. Approximately 1.6% of the company’s stock are short sold.

S&P Global Stock Performance

Shares of SPGI traded up $1.11 during trading hours on Monday, reaching $442.99. 2,836,872 shares of the company’s stock traded hands, compared to its average volume of 2,849,994. S&P Global has a twelve month low of $381.61 and a twelve month high of $579.05. The business’s fifty day simple moving average is $491.39 and its two-hundred day simple moving average is $501.44. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market capitalization of $132.37 billion, a price-to-earnings ratio of 30.24, a P/E/G ratio of 1.96 and a beta of 1.20.

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

S&P Global Increases Dividend

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

Wall Street Analysts Forecast Growth

SPGI has been the topic of a number of research analyst reports. Mizuho reduced their target price on S&P Global from $657.00 to $551.00 and set an “outperform” rating on the stock in a report on Thursday, February 12th. Morgan Stanley increased their target price on shares of S&P Global from $620.00 to $627.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. The Goldman Sachs Group set a $498.00 price target on shares of S&P Global in a report on Wednesday, February 11th. BMO Capital Markets dropped their price objective on shares of S&P Global from $601.00 to $482.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 11th. Finally, Stifel Nicolaus cut their target price on shares of S&P Global from $599.00 to $489.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating and seventeen have assigned a Buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $562.67.

Institutional Trading of S&P Global

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of S&P Global by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 30,374,366 shares of the business services provider’s stock worth $15,873,340,000 after purchasing an additional 117,728 shares during the period. State Street Corp raised its holdings in S&P Global by 1.1% during the 4th quarter. State Street Corp now owns 14,259,690 shares of the business services provider’s stock worth $7,451,971,000 after buying an additional 157,301 shares during the period. TCI Fund Management Ltd. increased its position in shares of S&P Global by 5.4% in the fourth quarter. TCI Fund Management Ltd. now owns 11,790,310 shares of the business services provider’s stock worth $6,161,498,000 after acquiring an additional 600,440 shares in the last quarter. Morgan Stanley increased its position in shares of S&P Global by 3.3% in the fourth quarter. Morgan Stanley now owns 8,333,099 shares of the business services provider’s stock worth $4,354,796,000 after acquiring an additional 263,051 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in S&P Global by 0.6% during the 2nd quarter. Geode Capital Management LLC now owns 6,793,282 shares of the business services provider’s stock worth $3,565,889,000 after purchasing an additional 42,724 shares in the last quarter. 87.17% of the stock is currently owned by institutional investors.

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.