FY2026 EPS Estimates for S&P Global Cut by Erste Group Bank

S&P Global Inc. (NYSE:SPGI) – Research analysts at Erste Group Bank reduced their FY2026 earnings estimates for shares of S&P Global in a research note issued to investors on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now expects that the business services provider will earn $18.60 per share for the year, down from their previous forecast of $19.62. The consensus estimate for S&P Global’s current full-year earnings is $19.49 per share.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, topping 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 firm had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. During the same quarter in the prior year, the business earned $4.37 EPS. S&P Global’s quarterly revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS.

Several other brokerages also recently weighed in on SPGI. The Goldman Sachs Group decreased their target price on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. UBS Group reduced their price objective on S&P Global from $550.00 to $525.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Jefferies Financial Group increased their price objective on S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of S&P Global in a research note on Monday, July 6th. Finally, Daiwa Securities Group lowered their target price on S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. Seventeen research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, S&P Global presently has a consensus rating of “Moderate Buy” and an average target price of $532.00.

S&P Global Trading Up 2.9%

NYSE SPGI opened at $457.34 on Friday. The firm’s fifty day moving average is $420.74 and its two-hundred day moving average is $445.29. S&P Global has a one year low of $381.61 and a one year high of $579.05. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. The firm has a market cap of $135.37 billion, a PE ratio of 28.95, a P/E/G ratio of 2.13 and a beta of 1.08.

S&P Global Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be issued a $0.97 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 annualized dividend and a dividend yield of 0.8%. S&P Global’s payout ratio is presently 24.56%.

Insider Activity

In other news, CEO Martina Cheung purchased 2,322 shares of the company’s stock in a transaction dated Wednesday, April 29th. The shares were acquired at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the completion of the purchase, the chief executive officer directly owned 27,518 shares in the company, valued at $11,830,813.74. The trade was a 9.22% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert Edward Jr. Moritz purchased 1,152 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were purchased at an average cost of $434.03 per share, with a total value of $500,002.56. Following the completion of the acquisition, the director directly owned 1,152 shares of the company’s stock, valued at $500,002.56. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 5,974 shares of company stock valued at $2,576,775 over the last quarter. Corporate insiders own 0.03% of the company’s stock.

Hedge Funds Weigh In On S&P Global

Several institutional investors and hedge funds have recently added to or reduced their stakes in SPGI. Joseph Group Capital Management purchased a new position in shares of S&P Global during the 4th quarter worth approximately $29,000. North Star Investment Management Corp. boosted its stake in shares of S&P Global by 134.6% in the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after buying an additional 35 shares in the last quarter. Palladiem LLC purchased a new stake in shares of S&P Global in the fourth quarter valued at approximately $36,000. Palisade Asset Management LLC purchased a new stake in shares of S&P Global in the third quarter valued at approximately $36,000. Finally, Swiss RE Ltd. acquired a new position in S&P Global during the fourth quarter worth $39,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

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.