S&P Global Inc. (NYSE:SPGI) Short Interest Update

S&P Global Inc. (NYSE:SPGI) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 4,881,483 shares, a growth of 56.7% from the January 29th total of 3,116,092 shares. Based on an average daily trading volume, of 5,365,668 shares, the days-to-cover ratio is presently 0.9 days. Currently, 1.6% of the company’s shares are sold short. Currently, 1.6% of the company’s shares are sold short. Based on an average daily trading volume, of 5,365,668 shares, the days-to-cover ratio is presently 0.9 days.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on SPGI shares. BMO Capital Markets reduced their price target on S&P Global from $601.00 to $482.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 11th. Robert W. Baird set a $546.00 target price on shares of S&P Global in a report on Wednesday, February 11th. Morgan Stanley upped their price target on shares of S&P Global from $620.00 to $627.00 and gave the company an “overweight” rating in a report on Tuesday, January 13th. Wells Fargo & Company cut their price target on shares of S&P Global from $675.00 to $530.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Finally, The Goldman Sachs Group set a $498.00 price objective on shares of S&P Global in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating and seventeen have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $562.67.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SPGI. Brighton Jones LLC lifted its position in S&P Global by 4.7% during the fourth quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock worth $1,582,000 after buying an additional 143 shares during the period. Sivia Capital Partners LLC increased its stake in shares of S&P Global by 7.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,038 shares of the business services provider’s stock valued at $547,000 after acquiring an additional 75 shares during the last quarter. Y Intercept Hong Kong Ltd lifted its holdings in shares of S&P Global by 9.0% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 1,654 shares of the business services provider’s stock worth $872,000 after acquiring an additional 136 shares during the period. Assetmark Inc. boosted its position in shares of S&P Global by 23.4% in the second quarter. Assetmark Inc. now owns 11,141 shares of the business services provider’s stock worth $5,874,000 after acquiring an additional 2,115 shares during the last quarter. Finally, Pinnacle Associates Ltd. boosted its position in shares of S&P Global by 2.2% in the second quarter. Pinnacle Associates Ltd. now owns 5,083 shares of the business services provider’s stock worth $2,680,000 after acquiring an additional 110 shares during the last quarter. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

S&P Global Trading Up 0.3%

Shares of S&P Global stock opened at $442.99 on Tuesday. The firm has a market cap of $132.37 billion, a price-to-earnings ratio of 30.24, a price-to-earnings-growth ratio of 1.96 and a beta of 1.23. S&P Global has a 52-week low of $381.61 and a 52-week high of $579.05. The company’s 50-day simple moving average is $489.81 and its 200-day simple moving average is $500.58. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.40.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The business had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.89 billion. During the same period in the prior year, the company earned $3.77 EPS. The company’s revenue was up 9.0% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, equities research analysts anticipate that S&P Global will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th will be given a dividend of $0.97 per share. The ex-dividend date of this dividend is Wednesday, February 25th. This is a positive change from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is 26.48%.

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.