S&P Global Inc. (NYSE:SPGI) Receives $563.53 Average Target Price from Brokerages

S&P Global Inc. (NYSE:SPGI) has received an average rating of “Buy” from the eighteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $563.5333.

SPGI has been the topic of a number of recent research reports. Evercore set a $625.00 price target on shares of S&P Global and gave the stock an “outperform” rating in a report on Wednesday, February 11th. Bank of America initiated coverage on shares of S&P Global in a report on Tuesday, February 17th. They set a “buy” rating and a $575.00 price target on the stock. Robert W. Baird set a $546.00 price target on shares of S&P Global in a report on Wednesday, February 11th. Royal Bank Of Canada cut their price target on shares of S&P Global from $620.00 to $560.00 and set an “outperform” rating on the stock in a report on Wednesday, February 11th. Finally, Weiss Ratings lowered shares of S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, March 11th.

S&P Global Stock Performance

Shares of S&P Global stock opened at $434.00 on Friday. S&P Global has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. 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 $131.70 billion, a P/E ratio of 29.62, a P/E/G ratio of 1.91 and a beta of 1.20. The company’s 50 day moving average price is $437.24 and its two-hundred day moving average price is $479.92.

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

S&P Global Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, February 25th were paid a dividend of $0.97 per share. This is a boost from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, February 25th. S&P Global’s payout ratio is 26.48%.

Institutional Investors Weigh In On S&P Global

Several hedge funds and other institutional investors have recently bought and sold shares of SPGI. 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 acquiring an additional 143 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in S&P Global by 7.8% in the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock worth $547,000 after acquiring an additional 75 shares in the last quarter. Neuberger Berman Group LLC boosted its holdings in S&P Global by 5.5% in the second quarter. Neuberger Berman Group LLC now owns 1,694,790 shares of the business services provider’s stock worth $893,511,000 after acquiring an additional 88,526 shares in the last quarter. Edgestream Partners L.P. boosted its holdings in S&P Global by 34.1% in the second quarter. Edgestream Partners L.P. now owns 2,060 shares of the business services provider’s stock worth $1,086,000 after acquiring an additional 524 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in S&P Global by 2.8% in the second quarter. Fisher Asset Management LLC now owns 5,906 shares of the business services provider’s stock worth $3,114,000 after acquiring an additional 162 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.