S&P Global Inc. (NYSE:SPGI) Receives $576.38 Average Price Target from Analysts

S&P Global Inc. (NYSE:SPGI) has received a consensus rating of “Buy” from the eighteen analysts that are presently covering the firm, MarketBeat.com reports. Seventeen research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $566.3333.

Several analysts have recently issued reports on the stock. Morgan Stanley upped their target price on shares of S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. BMO Capital Markets decreased their price objective on S&P Global from $601.00 to $482.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 11th. Mizuho dropped their target price on S&P Global from $657.00 to $551.00 and set an “outperform” rating for the company in a report on Thursday, February 12th. The Goldman Sachs Group set a $498.00 target price on S&P Global in a research report on Wednesday, February 11th. Finally, Royal Bank Of Canada lowered their price target on S&P Global from $620.00 to $560.00 and set an “outperform” rating for the company in a research report on Wednesday, February 11th.

Institutional Trading of S&P Global

Several institutional investors have recently added to or reduced their stakes in the company. MTM Investment Management LLC purchased a new position in S&P Global during the 2nd quarter valued at $27,000. J.Safra Asset Management Corp bought a new stake in shares of S&P Global during the third quarter worth $29,000. Joseph Group Capital Management bought a new stake in shares of S&P Global during the fourth quarter worth $29,000. North Star Investment Management Corp. boosted its stake in shares of S&P Global by 134.6% during the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 35 shares during the period. Finally, Spurstone Advisory Services LLC bought a new position in shares of S&P Global in the second quarter worth about $34,000. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Up 0.1%

NYSE SPGI opened at $410.06 on Friday. The stock has a 50 day moving average price of $504.13 and a 200-day moving average price of $509.20. S&P Global has a one year low of $381.61 and a one year high of $579.05. 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 company has a market capitalization of $122.53 billion, a P/E ratio of 27.99, a P/E/G ratio of 1.93 and a beta of 1.20.

S&P Global (NYSE:SPGI) last announced its quarterly earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing the consensus estimate of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The business 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 firm posted $3.77 EPS. The company’s revenue for the quarter 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. As a group, equities analysts predict that S&P Global will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be issued a $0.97 dividend. This is a boost from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date is Wednesday, February 25th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s dividend payout ratio (DPR) 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.