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

Shares of S&P Global Inc. (NYSE:SPGI) have been assigned an average rating of “Moderate Buy” from the eighteen research firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and seventeen have issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $532.00.

A number of research firms have weighed in on SPGI. Wall Street Zen raised shares of S&P Global to a “hold” rating in a research note on Saturday, July 4th. Evercore lowered their price objective on shares of S&P Global from $625.00 to $560.00 and set an “outperform” rating for the company in a research note on Thursday, April 16th. Morgan Stanley lowered their price objective on shares of S&P Global from $557.00 to $525.00 and set an “overweight” rating for the company in a research note on Tuesday, July 7th. Barclays dropped their price objective on S&P Global from $565.00 to $555.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. Finally, Mizuho increased their target price on S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th.

S&P Global Trading Down 0.1%

NYSE SPGI opened at $430.15 on Monday. The company has a market cap of $127.32 billion, a P/E ratio of 27.22, a P/E/G ratio of 1.77 and a beta of 1.08. S&P Global has a 12 month low of $381.61 and a 12 month high of $579.05. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. The company has a 50-day moving average of $419.31 and a 200-day moving average of $447.58.

S&P Global (NYSE:SPGI) last released its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.82 by $0.15. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The business had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.08 billion. During the same period last year, the company earned $4.37 earnings per share. The company’s quarterly revenue was up 10.4% 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 19.59 earnings per share for the current year.

S&P Global Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be paid a dividend of $0.97 per share. The ex-dividend date is Wednesday, August 26th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio is currently 24.56%.

Insider Transactions at S&P Global

In other news, CEO Martina Cheung bought 2,322 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was acquired at an average price of $429.93 per share, for a total transaction of $998,297.46. Following the acquisition, the chief executive officer owned 27,518 shares of the company’s stock, valued at $11,830,813.74. This trade represents a 9.22% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were acquired at an average cost of $434.03 per share, with a total value of $500,002.56. Following the transaction, the director owned 1,152 shares in the company, valued at approximately $500,002.56. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought a total of 5,974 shares of company stock worth $2,576,775 in the last three months. 0.03% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On S&P Global

Institutional investors have recently bought and sold shares of the business. Tema ETFs LLC lifted its holdings in shares of S&P Global by 9.7% during the 2nd quarter. Tema ETFs LLC now owns 7,748 shares of the business services provider’s stock valued at $3,155,000 after acquiring an additional 683 shares in the last quarter. William Mack & Associates Inc. acquired a new stake in S&P Global in the 2nd quarter valued at $246,000. Charles Schwab Trust Co acquired a new stake in S&P Global in the 2nd quarter valued at $204,000. Fulton Bank N.A. raised its position in S&P Global by 69.3% in the second quarter. Fulton Bank N.A. now owns 1,852 shares of the business services provider’s stock valued at $754,000 after purchasing an additional 758 shares during the period. Finally, Wealthcare Advisory Partners LLC raised its position in S&P Global by 23.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 1,031 shares of the business services provider’s stock valued at $420,000 after purchasing an additional 194 shares during the period. 87.17% of the stock is currently owned by hedge funds and other 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.