S&P Global Inc. (NYSE:SPGI) Short Interest Down 16.5% in April

Key Points

• Short interest down 16.5% in April to 3,031,297 shares (about 1.0% of the stock) with a short-interest ratio of 1.7 days based on average daily volume.
• S&P Global beat Q1 expectations with EPS of $4.97 vs. $4.82 and revenue of $4.17B vs. $4.08B (revenue up 10.4% year-over-year), and set FY2026 guidance of $19.40–$19.65 EPS.
• Analysts' consensus is a Buy with an average target price of $550.44, and institutional investors own roughly 87.17% of the shares.

S&P Global Inc. (NYSE:SPGI - Get Free Report) saw a significant drop in short interest in April. As of April 15th, there was short interest totaling 3,031,297 shares, a drop of 16.5% from the March 31st total of 3,628,907 shares. Based on an average daily trading volume, of 1,780,537 shares, the short-interest ratio is presently 1.7 days. Approximately 1.0% of the shares of the stock are short sold.

S&P Global Trading Down 0.3%

S&P Global stock opened at $431.68 on Friday. The stock has a market cap of $127.78 billion, a PE ratio of 27.32, a P/E/G ratio of 1.94 and a beta of 1.20. The stock has a 50-day moving average price of $430.38 and a 200 day moving average price of $473.37. S&P Global has a 52 week low of $381.61 and a 52 week high of $579.05. The company has a current ratio of 0.68, a quick ratio of 0.82 and a debt-to-equity ratio of 0.34.

S&P Global (NYSE:SPGI - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, topping analysts' consensus estimates of $4.82 by $0.15. The firm 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 firm's quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the business posted $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities research analysts predict that S&P Global will post 19.55 earnings per share for the current fiscal year.

Institutional Trading of S&P Global

Several hedge funds and other institutional investors have recently bought and sold shares of SPGI. J.Safra Asset Management Corp purchased a new stake in S&P Global in the 3rd quarter worth approximately $29,000. Joseph Group Capital Management purchased a new stake in S&P Global in the 4th quarter worth approximately $29,000. North Star Investment Management Corp. grew its stake in 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 acquiring an additional 35 shares during the period. First Pacific Financial grew its stake in S&P Global by 51.0% in the 3rd quarter. First Pacific Financial now owns 74 shares of the business services provider's stock worth $36,000 after acquiring an additional 25 shares during the period. Finally, Palladiem LLC purchased a new stake in S&P Global in the 4th quarter valued at about $36,000. 87.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Barclays restated an "overweight" rating and issued a $565.00 price target on shares of S&P Global in a research report on Monday, February 23rd. Stifel Nicolaus dropped their price target on S&P Global from $599.00 to $489.00 and set a "buy" rating for the company in a research report on Wednesday, February 11th. Mizuho dropped their price target on S&P Global from $657.00 to $551.00 and set an "outperform" rating for the company in a research report on Thursday, February 12th. BMO Capital Markets increased their price target on shares of S&P Global from $482.00 to $495.00 and gave the company an "outperform" rating in a research report on Tuesday, March 17th. Finally, Morgan Stanley increased their price target on shares of S&P Global from $556.00 to $557.00 and gave the company an "overweight" rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $550.44.

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.

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