S&P Global Inc. (NYSE:SPGI) Receives $523.59 Average Price Target from Analysts

by · The Cerbat Gem

Shares of S&P Global Inc. (NYSE:SPGI – Get Free Report) have received an average rating of “Moderate Buy” from the twenty ratings firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and eighteen have issued a buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $523.5882.

Several analysts have weighed in on the company. Stifel Nicolaus lifted their target price on S&P Global from $489.00 to $521.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Weiss Ratings restated a “hold (c)” rating on shares of S&P Global in a research note on Monday, July 6th. Daiwa Securities Group lowered their target price on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. Royal Bank Of Canada reduced their price target on shares of S&P Global from $560.00 to $510.00 and set an “outperform” rating for the company in a research note on Tuesday, July 7th. Finally, BMO Capital Markets increased their price objective on shares of S&P Global from $495.00 to $505.00 and gave the company an “outperform” rating in a report on Tuesday, July 7th.

View Our Latest Research Report on S&P Global

S&P Global Stock Down 0.0%

SPGI stock opened at $408.06 on Friday. The stock has a market cap of $120.30 billion, a PE ratio of 24.91, a price-to-earnings-growth ratio of 1.84 and a beta of 1.07. The firm’s 50-day simple moving average is $423.21 and its 200 day simple moving average is $432.54. S&P Global has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.40.

S&P Global (NYSE:SPGI – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 EPS for the quarter, beating the consensus estimate of $4.81 by $0.02. The company had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.09 billion. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. S&P Global’s revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the business earned $4.43 earnings per share. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. As a group, sell-side analysts predict that S&P Global will post 17.74 EPS for the current year.

S&P Global Announces Dividend

The company 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 $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Wednesday, August 26th. S&P Global’s dividend payout ratio is 23.69%.

Hedge Funds Weigh In On S&P Global

Several hedge funds have recently modified their holdings of the company. Joseph Group Capital Management bought a new stake in S&P Global in the fourth quarter worth about $29,000. North Star Investment Management Corp. grew its stake in shares of S&P Global by 134.6% in the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after purchasing an additional 35 shares during the last quarter. Palladiem LLC acquired a new position in shares of S&P Global in the 4th quarter worth approximately $36,000. Palisade Asset Management LLC bought a new stake in shares of S&P Global in the 3rd quarter worth approximately $36,000. Finally, Swiss RE Ltd. acquired a new stake in S&P Global during the fourth quarter valued at approximately $39,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Company Profile

(Get Free Report)

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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