S&P Global Stock Soars 3.29% on Manufacturing PMI Data

On April 8, 2025, S&P Global's stock surged by 3.29% in pre-market trading, indicating a strong start to the day's trading session.

In March 2025, the S&P Global US Manufacturing PMI stood at 50.2, slightly above the preliminary estimate of 49.8 but below February's final value of 52.7. This marks the weakest expansion seen so far this year, with production declining for the first time since December 2024. New orders saw a modest increase, while employment remained stagnant after four consecutive months of growth. Input cost inflation reached its highest level since August 2022, and output price inflation accelerated to a 25-month high. Business confidence hit its lowest point since December 2024, largely due to uncertainties surrounding federal government policies.

S&P Global's financial stability is robust, particularly in the debt issuance sector, where its credit ratings provide a strong foundation. The company's dividend yield of 0.85% and a payout ratio of 29.47% suggest a conservative approach, leaving room for potential growth. The dividend payout ratio of 31.09% is considered healthy and sustainable, well below the 75% threshold, indicating strong dividend sustainability based on earnings.