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

S&P Global Inc. (NYSE:SPGIGet Free Report) has earned a consensus recommendation of “Moderate Buy” from the nineteen brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and eighteen have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $545.2778.

SPGI has been the subject of several analyst reports. Rothschild & Co Redburn cut their price target on shares of S&P Global from $540.00 to $520.00 and set a “buy” rating for the company in a report on Thursday, June 18th. JPMorgan Chase & Co. increased their price objective on S&P Global from $530.00 to $550.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Morgan Stanley raised their target price on S&P Global from $556.00 to $557.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Jefferies Financial Group boosted their target price on shares of S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Finally, Mizuho upped their price target on shares of S&P Global from $551.00 to $554.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th.

Read Our Latest Research Report on SPGI

Insider Buying and Selling at S&P Global

In related news, CEO Catherine R. Clay purchased 2,500 shares of S&P Global stock in a transaction dated Friday, May 1st. The stock was bought at an average cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the transaction, the chief executive officer owned 2,500 shares in the company, valued at approximately $1,078,475. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Martina Cheung purchased 2,322 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The shares were purchased at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the purchase, the chief executive officer directly owned 27,518 shares in the company, valued at approximately $11,830,813.74. This represents a 9.22% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders purchased 5,974 shares of company stock valued at $2,576,775. Corporate insiders own 0.03% of the company’s stock.

Institutional Trading of S&P Global

Several large investors have recently bought and sold shares of SPGI. YANKCOM Partnership increased its holdings in S&P Global by 7.9% during the 4th quarter. YANKCOM Partnership now owns 259 shares of the business services provider’s stock valued at $135,000 after acquiring an additional 19 shares in the last quarter. LeConte Wealth Management LLC lifted its holdings in shares of S&P Global by 4.1% in the fourth quarter. LeConte Wealth Management LLC now owns 511 shares of the business services provider’s stock valued at $267,000 after purchasing an additional 20 shares in the last quarter. Elwood & Goetz Wealth Advisory Group LLC lifted its holdings in shares of S&P Global by 3.3% in the fourth quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 632 shares of the business services provider’s stock valued at $330,000 after purchasing an additional 20 shares in the last quarter. Steigerwald Gordon & Koch Inc. grew its position in shares of S&P Global by 15.6% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 148 shares of the business services provider’s stock valued at $77,000 after purchasing an additional 20 shares during the last quarter. Finally, Embree Financial Group grew its position in shares of S&P Global by 2.0% in the fourth quarter. Embree Financial Group now owns 1,090 shares of the business services provider’s stock valued at $570,000 after purchasing an additional 21 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Price Performance

S&P Global stock opened at $402.58 on Thursday. 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 business has a 50 day simple moving average of $422.39 and a 200-day simple moving average of $454.07. The stock has a market capitalization of $119.16 billion, a PE ratio of 25.48, a price-to-earnings-growth ratio of 1.71 and a beta of 1.08.

S&P Global (NYSE:SPGIGet Free Report) last released its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, topping the consensus estimate of $4.82 by $0.15. The business had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities analysts predict that S&P Global will post 19.61 earnings per share for the current year.

S&P Global Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be given a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 1.0%. The ex-dividend date is Wednesday, August 26th. S&P Global’s dividend payout ratio is presently 24.56%.

S&P Global Company Profile

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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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