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S&P Global's shares surged 62.7% in Q2 due to strong earnings, institutional buying, and positive outlook.
S&P Global Inc. saw its shares rise 62.7% in the second quarter, driven by strong earnings and institutional buying, including an increase by MassMutual Private Wealth & Trust FSB and Little House Capital LLC.
The company reported Q2 EPS of $4.43, surpassing estimates, with revenue of $3.76 billion and a net margin of 27.30%.
It maintained a "Buy" consensus rating, a target price of $614.38, and a dividend of $0.96 per quarter, or $3.84 annually, yielding 0.7%.
The firm, with a $165.93 billion market cap, projects FY 2025 EPS of $17.00–17.25, reflecting investor confidence and solid financial performance.
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Las acciones de S&P Global subieron un 62,7% en el segundo trimestre debido a las fuertes ganancias, las compras institucionales y las perspectivas positivas.