Brokerages Set S&P Global Inc. (NYSE:SPGI) PT at $546.39

S&P Global Inc. (NYSE:SPGI) has received a consensus recommendation of “Moderate Buy” from the eighteen brokerages that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $546.3889.

SPGI has been the subject of a number of analyst reports. Wells Fargo & Company decreased their price target on S&P Global from $530.00 to $525.00 and set an “overweight” rating for the company in a research note on Monday, April 13th. BMO Capital Markets raised their price target on S&P Global from $482.00 to $495.00 and gave the company an “outperform” rating in a research note on Tuesday, March 17th. The Goldman Sachs Group restated a “buy” rating on shares of S&P Global in a research note on Tuesday, April 28th. Daiwa Securities Group decreased their price target on S&P Global from $490.00 to $485.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Finally, Morgan Stanley raised their price target on S&P Global from $556.00 to $557.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th.

Insider Buying and Selling at S&P Global

In related news, CEO Martina Cheung purchased 2,322 shares of the firm’s stock in a transaction on Wednesday, April 29th. The stock was purchased at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the purchase, the chief executive officer directly owned 27,518 shares in the company, valued at $11,830,813.74. This trade represents a 9.22% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert Edward Jr. Moritz purchased 1,152 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was bought at an average price of $434.03 per share, with a total value of $500,002.56. Following the completion of the purchase, the director owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 5,974 shares of company stock worth $2,576,775 over the last ninety days. 0.03% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Blue Fin Capital Inc. boosted its stake in shares of S&P Global by 7.5% during the 1st quarter. Blue Fin Capital Inc. now owns 5,709 shares of the business services provider’s stock worth $2,428,000 after acquiring an additional 400 shares during the period. Glenmede Trust Co. NA boosted its stake in shares of S&P Global by 23.6% during the 1st quarter. Glenmede Trust Co. NA now owns 34,899 shares of the business services provider’s stock worth $14,844,000 after acquiring an additional 6,674 shares during the period. Axiom Investment Management LLC bought a new position in shares of S&P Global during the 1st quarter worth approximately $77,000. Ritter Alpha LP bought a new position in shares of S&P Global during the 1st quarter worth approximately $203,000. Finally, Segall Bryant & Hamill LLC boosted its stake in shares of S&P Global by 157.0% during the 1st quarter. Segall Bryant & Hamill LLC now owns 89,314 shares of the business services provider’s stock worth $38,312,000 after acquiring an additional 54,556 shares during the period. 87.17% of the stock is currently owned by institutional investors.

S&P Global Stock Up 1.5%

Shares of S&P Global stock opened at $423.86 on Friday. The business’s 50 day simple moving average is $424.42 and its 200 day simple moving average is $464.04. S&P Global has a 52-week low of $381.61 and a 52-week high of $579.05. The firm has a market cap of $125.46 billion, a PE ratio of 26.83, a P/E/G ratio of 1.81 and a beta of 1.11. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The business had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same quarter last year, the firm earned $4.37 EPS. S&P Global’s revenue for the quarter was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, analysts predict that S&P Global will post 19.61 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th will be paid a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, May 29th. S&P Global’s dividend payout ratio (DPR) is currently 24.56%.

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.