S&P Global Inc. (NYSE:SPGI) Stock Has Consensus Target Price of $515.88 According to Brokerages

Shares of S&P Global Inc. (NYSE:SPGI) have been assigned an average rating of “Moderate Buy” from the twenty research firms that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and eighteen have given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $515.88.

Several research analysts have recently weighed in on the company. The Goldman Sachs Group lowered their price objective on S&P Global from $539.00 to $490.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Wall Street Zen raised S&P Global to a “hold” rating in a research report on Saturday, September 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of S&P Global in a report on Friday, October 2nd. Mizuho dropped their price target on S&P Global from $554.00 to $531.00 and set an “outperform” rating on the stock in a report on Monday, October 5th. Finally, BMO Capital Markets lowered their target price on S&P Global from $505.00 to $500.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 13th.

S&P Global Stock Down 0.0%

NYSE:SPGI opened at $450.17 on Wednesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.95 and a quick ratio of 0.95. S&P Global has a one year low of $381.61 and a one year high of $552.25. The company has a market cap of $132.71 billion, a PE ratio of 27.48, a P/E/G ratio of 2.19 and a beta of 1.09. The firm’s 50 day simple moving average is $418.73 and its 200 day simple moving average is $421.87.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 EPS for the quarter, beating analysts’ consensus estimates of $4.81 by $0.02. The firm had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.09 billion. S&P Global had a return on equity of 17.74% and a net margin of 31.37%. The business’s revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, research analysts anticipate that S&P Global will post 17.69 earnings per share for the current year.

S&P Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 25th will be issued a dividend of $0.97 per share. The ex-dividend date of this dividend is Wednesday, November 25th. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio is 23.69%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SPGI. Dorsey Asset Management LLC purchased a new stake in shares of S&P Global in the 1st quarter worth about $94,716,000. NewEdge Advisors LLC boosted its position in shares of S&P Global by 17.9% during the first quarter. NewEdge Advisors LLC now owns 20,005 shares of the business services provider’s stock valued at $8,509,000 after purchasing an additional 3,038 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of S&P Global by 12.9% during the second quarter. Principal Financial Group Inc. now owns 572,659 shares of the business services provider’s stock valued at $233,228,000 after purchasing an additional 65,529 shares in the last quarter. Quantitative Investment Management LLC boosted its holdings in S&P Global by 127.4% in the second quarter. Quantitative Investment Management LLC now owns 9,033 shares of the business services provider’s stock worth $3,678,000 after acquiring an additional 5,061 shares in the last quarter. Finally, Lombard Odier Asset Management Europe Ltd purchased a new stake in S&P Global during the 2nd quarter valued at about $18,361,000. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

S&P Global Company Profile

S&P Global (NYSE: SPGI) is a global provider of financial information, analytics, benchmarks and credit ratings. Its services are used by investors, corporations, governments and other organizations to evaluate risk, assess markets, support investment decisions and manage business operations.

The company operates through businesses including S&P Global Ratings, which provides credit ratings and related research; S&P Global Market Intelligence, which delivers data, research and analytics on companies, markets and industries; and S&P Global Commodity Insights, which supplies information and analysis for energy and commodity markets.