Erste Group Bank Comments on S&P Global FY2027 Earnings

S&P Global Inc. (NYSE:SPGI) – Stock analysts at Erste Group Bank issued their FY2027 earnings estimates for shares of S&P Global in a research note issued on Thursday, July 16th. Erste Group Bank analyst S. Lingnau expects that the business services provider will post earnings of $20.92 per share for the year. The consensus estimate for S&P Global’s current full-year earnings is $19.47 per share.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.82 by $0.15. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The firm had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter in the prior year, the business posted $4.37 earnings per share. The business’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.

Other analysts have also recently issued research reports about the company. Bank of America dropped their price objective on S&P Global from $575.00 to $550.00 and set a “buy” rating on the stock in a report on Friday, July 10th. Stifel Nicolaus lifted their target price on S&P Global from $489.00 to $521.00 and gave the company a “buy” rating in a report on Friday, July 17th. Wall Street Zen upgraded S&P Global to a “hold” rating in a research report on Saturday, July 4th. Barclays lowered their price target on shares of S&P Global from $565.00 to $555.00 and set an “overweight” rating on the stock in a report on Tuesday, July 7th. Finally, Mizuho raised their price objective on shares of S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Eighteen investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $533.59.

S&P Global Price Performance

Shares of NYSE SPGI opened at $430.69 on Wednesday. The stock has a market cap of $127.48 billion, a PE ratio of 27.26, a price-to-earnings-growth ratio of 2.15 and a beta of 1.08. S&P Global has a fifty-two week low of $381.61 and a fifty-two week 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 stock has a fifty day moving average of $422.04 and a 200-day moving average of $443.53.

Institutional Investors Weigh In On S&P Global

A number of institutional investors have recently made changes to their positions in SPGI. Joseph Group Capital Management bought a new position in shares of S&P Global during the 4th quarter valued at $29,000. North Star Investment Management Corp. lifted its stake in 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 worth $32,000 after purchasing an additional 35 shares during the last quarter. Palladiem LLC bought a new stake in S&P Global in the fourth quarter worth $36,000. Palisade Asset Management LLC bought a new stake in S&P Global in the third quarter worth $36,000. Finally, Swiss RE Ltd. purchased a new stake in S&P Global during the fourth quarter valued at about $39,000. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Insider Buying and Selling

In other news, CEO Martina Cheung bought 2,322 shares of the company’s stock in a transaction that occurred on Wednesday, April 29th. The stock was bought at an average price of $429.93 per share, for a total transaction of $998,297.46. Following the transaction, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at $11,830,813.74. This represents a 9.22% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Catherine R. Clay bought 2,500 shares of the business’s stock in a transaction on Friday, May 1st. The stock was purchased at an average cost of $431.39 per share, with a total value of $1,078,475.00. Following the purchase, the chief executive officer owned 2,500 shares of the company’s stock, valued at $1,078,475. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought 5,974 shares of company stock worth $2,576,775 in the last quarter. 0.03% of the stock is owned by insiders.

S&P Global Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 26th will be given a dividend of $0.97 per share. The ex-dividend date is Wednesday, August 26th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s dividend payout ratio is 24.56%.

Trending Headlines about S&P Global

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

• Positive Sentiment: JPMorgan raised its price target on S&P Global to $555 and maintained an overweight rating, signaling confidence in further upside. JPMorgan price target raise
• Positive Sentiment: Robert W. Baird increased its price target to $521 and reiterated an outperform rating, another bullish vote of confidence. Baird price target raise
• Positive Sentiment: Erste Group’s FY2027 EPS estimate of $20.92 is above consensus, implying stronger earnings power over time. Erste Group FY2027 estimate
• Neutral Sentiment: S&P Dow Jones Indices and Pantera Capital launched a new digital asset index, which may add visibility to S&P’s index business but is not a direct financial update for SPGI. Digital asset index launch
• Neutral Sentiment: Analyst commentary ahead of earnings suggests expectations for growth, but also notes SPGI may not have the right setup for an earnings beat, leaving sentiment somewhat mixed. Zacks earnings preview
• Negative Sentiment: Zacks Research downgraded S&P Global from hold to strong sell, which could weigh on investor sentiment. Zacks downgrade

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.