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

S&P Global Inc. (NYSE:SPGIGet Free Report) has been assigned an average recommendation of “Buy” from the nineteen analysts that are presently covering the firm, MarketBeat.com reports. Eighteen research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $576.3750.

SPGI has been the subject of a number of research reports. Evercore ISI set a $625.00 price target on shares of S&P Global and gave the company an “outperform” rating in a report on Wednesday. Mizuho lowered their target price on S&P Global from $657.00 to $551.00 and set an “outperform” rating for the company in a research note on Thursday. The Goldman Sachs Group set a $498.00 target price on S&P Global in a research report on Wednesday. William Blair reaffirmed an “outperform” rating on shares of S&P Global in a research note on Monday, November 17th. Finally, Stifel Nicolaus lowered their price objective on S&P Global from $599.00 to $489.00 and set a “buy” rating for the company in a research report on Wednesday.

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S&P Global Stock Performance

S&P Global stock opened at $410.04 on Friday. The stock has a 50-day simple moving average of $507.38 and a 200 day simple moving average of $511.13. The stock has a market capitalization of $122.52 billion, a price-to-earnings ratio of 27.99, a P/E/G ratio of 1.93 and a beta of 1.20. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. S&P Global has a 12-month low of $381.61 and a 12-month high of $579.05.

S&P Global (NYSE:SPGIGet Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $3.92 billion for the quarter, compared to the consensus estimate of $3.89 billion. During the same period in the prior year, the company earned $3.77 EPS. The firm’s revenue was up 9.0% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, research analysts anticipate that S&P Global will post 17.11 earnings per share for the current fiscal year.

S&P Global Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be paid a $0.97 dividend. This is a boost from S&P Global’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s payout ratio is 26.21%.

Hedge Funds Weigh In On S&P Global

Hedge funds and other institutional investors have recently bought and sold shares of the business. Nan Shan Life Insurance Co. Ltd. lifted its stake in shares of S&P Global by 318.9% in the 4th quarter. Nan Shan Life Insurance Co. Ltd. now owns 99,701 shares of the business services provider’s stock valued at $52,103,000 after purchasing an additional 75,900 shares during the period. Kestra Advisory Services LLC grew its stake in shares of S&P Global by 2.8% during the fourth quarter. Kestra Advisory Services LLC now owns 13,209 shares of the business services provider’s stock worth $6,903,000 after purchasing an additional 359 shares during the period. Transamerica Financial Advisors LLC increased its holdings in S&P Global by 84.5% in the fourth quarter. Transamerica Financial Advisors LLC now owns 131 shares of the business services provider’s stock valued at $68,000 after purchasing an additional 60 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in S&P Global by 2.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,364 shares of the business services provider’s stock valued at $713,000 after buying an additional 35 shares during the period. Finally, Wright Wealth LLC bought a new position in S&P Global during the fourth quarter worth about $333,000. 87.17% of the stock is owned by institutional investors.

About S&P Global

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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.

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Analyst Recommendations for S&P Global (NYSE:SPGI)

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