S&P Global (NYSE:SPGI) Stock Rating Lowered by Zacks Research

S&P Global (NYSE:SPGI) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other brokerages have also commented on SPGI. BMO Capital Markets increased their price target on shares of S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a report on Tuesday, July 7th. Barclays dropped their price objective on shares of S&P Global from $565.00 to $555.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. Rothschild & Co Redburn cut their target price on shares of S&P Global from $540.00 to $520.00 and set a “buy” rating for the company in a research report on Thursday, June 18th. Robert W. Baird increased their target price on S&P Global from $520.00 to $521.00 and gave the company an “outperform” rating in a research note on Tuesday. Finally, Jefferies Financial Group raised their price target on S&P Global from $500.00 to $535.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Eighteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, S&P Global currently has an average rating of “Moderate Buy” and an average target price of $533.59.

S&P Global Stock Down 3.9%

Shares of NYSE SPGI opened at $430.69 on Monday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. The business has a 50-day moving average of $422.04 and a 200-day moving average of $443.53. The firm has a market capitalization of $127.48 billion, a price-to-earnings ratio of 27.26, a PEG ratio of 2.15 and a beta of 1.08. S&P Global has a 12 month low of $381.61 and a 12 month high of $579.05.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The business had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same period last year, the firm posted $4.37 earnings per share. S&P Global’s quarterly revenue was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Sell-side analysts expect that S&P Global will post 19.47 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Catherine R. Clay bought 2,500 shares of the company’s stock in a transaction that occurred on 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 acquisition, the chief executive officer directly owned 2,500 shares of the company’s stock, valued at $1,078,475. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert Edward Jr. Moritz purchased 1,152 shares of S&P Global stock in a transaction that occurred on Thursday, April 30th. The shares were bought at an average price of $434.03 per share, for a total transaction of $500,002.56. Following the completion of the transaction, the director owned 1,152 shares in the company, valued at $500,002.56. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders purchased 5,974 shares of company stock valued at $2,576,775. Insiders own 0.03% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Tema ETFs LLC raised its holdings in S&P Global by 9.7% during the 2nd quarter. Tema ETFs LLC now owns 7,748 shares of the business services provider’s stock valued at $3,155,000 after buying an additional 683 shares during the last quarter. William Mack & Associates Inc. purchased a new position in shares of S&P Global in the second quarter valued at about $246,000. Charles Schwab Trust Co purchased a new position in shares of S&P Global in the second quarter valued at about $204,000. Fulton Bank N.A. raised its stake in shares of S&P Global by 69.3% during the second quarter. Fulton Bank N.A. now owns 1,852 shares of the business services provider’s stock valued at $754,000 after acquiring an additional 758 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its holdings in shares of S&P Global by 23.2% during the second quarter. Wealthcare Advisory Partners LLC now owns 1,031 shares of the business services provider’s stock worth $420,000 after purchasing an additional 194 shares during the period. Institutional investors own 87.17% of the company’s stock.

Key Stories Impacting S&P Global

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: Robert W. Baird raised its price target on S&P Global (SPGI) to $521 and kept an outperform rating, suggesting meaningful upside from current levels. Benzinga
• Positive Sentiment: JPMorgan also lifted its price target on SPGI to $555 and maintained an overweight rating, reinforcing a bullish analyst view. Benzinga
• Positive Sentiment: S&P Dow Jones Indices and Pantera Capital launched the S&P Pantera Digital Asset Index, a rules-based benchmark for institutional digital-asset investing that could strengthen S&P Global’s index business and credibility in crypto-related products. PR Newswire
• Neutral Sentiment: Recent commentary notes S&P Global’s upcoming earnings report is expected to show growth, but one preview said the company may not have the ideal setup for an earnings beat, keeping expectations mixed. Zacks
• Neutral Sentiment: Erste Group Bank reportedly cut FY2027 EPS estimates for SPGI, which adds some caution around longer-term earnings expectations. American Banking News
• Neutral Sentiment: Online value-investor chatter has been positive on SPGI, comparing it favorably with other high-profile names, but this is more sentiment than a fundamental catalyst. Insider Monkey

S&P Global Company Profile

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.