S&P Global Inc. (NYSE:SPGI) Stock Has Consensus Price Target of $523.59 According to Brokerages

Key Points

• S&P Global has a “Moderate Buy” consensus rating from 20 analysts, with 18 buy ratings and two holds. The average 12-month price target is $523.59, above the reported share price of $403.48.
• The company exceeded quarterly expectations, posting $4.83 in EPS versus the $4.81 consensus and $4.15 billion in revenue versus $4.09 billion expected. Revenue increased 10.4% year over year, and analysts anticipate full-year EPS of about $17.75.
• Institutional investors own approximately 87.17% of the stock, with several major firms increasing their positions recently.

S&P Global Inc. (NYSE:SPGI - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the twenty research firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $523.59.

Several analysts have issued reports on SPGI shares. Rothschild & Co Redburn cut their target price on S&P Global from $540.00 to $520.00 and set a "buy" rating for the company in a research note on Thursday, June 18th. Robert W. Baird set a $513.00 price objective on shares of S&P Global in a report on Wednesday, September 2nd. Barclays reduced their target price on shares of S&P Global from $555.00 to $553.00 and set an "overweight" rating on the stock in a report on Wednesday, July 29th. BMO Capital Markets raised their price objective on S&P Global from $495.00 to $505.00 and gave the company an "outperform" rating in a research note on Tuesday, July 7th. Finally, Morgan Stanley decreased their price objective on S&P Global from $557.00 to $525.00 and set an "overweight" rating on the stock in a report on Tuesday, July 7th.

S&P Global Trading Up 0.1%

Shares of SPGI stock opened at $403.48 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.40. The business has a 50-day moving average price of $421.46 and a two-hundred day moving average price of $423.61. S&P Global has a 12-month low of $381.61 and a 12-month high of $552.25. The firm has a market cap of $118.95 billion, a P/E ratio of 24.63, a price-to-earnings-growth ratio of 1.95 and a beta of 1.07.

S&P Global (NYSE:SPGI - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.81 by $0.02. The firm had revenue of $4.15 billion during the quarter, compared to analysts' expectations of $4.09 billion. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.The company's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the prior year, the business earned $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Equities analysts anticipate that S&P Global will post 17.75 EPS for the current fiscal year.

Hedge Funds Weigh In On S&P Global

Institutional investors and hedge funds have recently bought and sold shares of the stock. Dorsey Asset Management LLC bought a new stake in S&P Global during the first quarter valued at about $94,716,000. Capital International Inc. CA raised its stake in shares of S&P Global by 11.6% in the fourth quarter. Capital International Inc. CA now owns 70,716 shares of the business services provider's stock worth $36,955,000 after buying an additional 7,343 shares during the period. NewEdge Advisors LLC raised its stake in shares of S&P Global by 17.9% in the first quarter. NewEdge Advisors LLC now owns 20,005 shares of the business services provider's stock worth $8,509,000 after buying an additional 3,038 shares during the period. Principal Financial Group Inc. raised its stake in shares of S&P Global by 12.9% in the second quarter. Principal Financial Group Inc. now owns 572,659 shares of the business services provider's stock worth $233,228,000 after buying an additional 65,529 shares during the period. Finally, BNP Paribas lifted its position in shares of S&P Global by 21.5% during the 4th quarter. BNP Paribas now owns 62,805 shares of the business services provider's stock valued at $32,854,000 after buying an additional 11,119 shares in the last quarter. 87.17% of the stock is currently owned by institutional investors.

About S&P Global

S&P Global Inc NYSE: SPGI provides financial information, analytics, benchmarks and credit ratings to businesses, governments and investors worldwide. Its services are used to evaluate credit risk, analyze markets, value assets, assess commodities and support investment and business decisions.

The company operates through businesses that include S&P Global Ratings, which provides credit ratings and related research; S&P Global Market Intelligence, which delivers financial and industry data, analytics and workflow tools; S&P Global Commodity Insights, which supplies information and pricing assessments for energy and commodity markets; and S&P Dow Jones Indices, which develops and maintains market indexes such as the S&P 500.

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