S&P Global (NYSE:SPGI) Releases FY 2026 Earnings Guidance

S&P Global (NYSE:SPGI) updated its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 17.500-17.750 for the period, compared to the consensus estimate of 18.980. The company issued revenue guidance of -, compared to the consensus revenue estimate of $15.7 billion.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on SPGI. UBS Group lowered their target price on shares of S&P Global from $550.00 to $525.00 and set a “buy” rating on the stock in a report on Tuesday, July 7th. Morgan Stanley cut their price target on S&P Global from $557.00 to $525.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. Zacks Research lowered S&P Global from a “hold” rating to a “strong sell” rating in a report on Monday, July 20th. Robert W. Baird lifted their price target on S&P Global from $520.00 to $521.00 and gave the company an “outperform” rating in a research report on Tuesday, July 21st. Finally, Jefferies Financial Group boosted their price objective on S&P Global from $500.00 to $535.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Eighteen analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $533.59.

S&P Global Price Performance

SPGI stock opened at $439.25 on Tuesday. The firm has a 50 day moving average of $423.71 and a 200-day moving average of $440.76. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. S&P Global has a 12 month low of $381.61 and a 12 month high of $579.05. The firm has a market capitalization of $130.02 billion, a P/E ratio of 27.80, a price-to-earnings-growth ratio of 2.16 and a beta of 1.08.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, beating the consensus estimate of $4.82 by $0.15. The company had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. S&P Global’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.37 earnings per share. As a group, sell-side analysts predict that S&P Global will post 18.37 earnings per share for the current fiscal year.

S&P Global Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 26th will be issued a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global’s dividend payout ratio (DPR) is presently 24.56%.

Insider Buying and Selling at S&P Global

In other news, Director Robert Edward Jr. Moritz purchased 1,152 shares of S&P Global stock in a transaction dated Thursday, April 30th. The stock was purchased at an average cost of $434.03 per share, for a total transaction of $500,002.56. Following the transaction, the director directly owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Martina Cheung purchased 2,322 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was purchased at an average cost of $429.93 per share, for a total transaction of $998,297.46. Following the acquisition, the chief executive officer owned 27,518 shares of the company’s stock, valued at approximately $11,830,813.74. This trade represents a 9.22% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 5,974 shares of company stock valued at $2,576,775 in the last three months. Company insiders own 0.03% of the company’s stock.

Hedge Funds Weigh In On S&P Global

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC grew its holdings in shares of 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 purchasing an additional 143 shares in the last quarter. Storgate LLC purchased a new stake in S&P Global in the fourth quarter valued at approximately $313,000. Aviso Wealth Management raised its stake in S&P Global by 5.8% in the fourth quarter. Aviso Wealth Management now owns 568 shares of the business services provider’s stock valued at $297,000 after purchasing an additional 31 shares in the last quarter. Virtus Advisers LLC lifted its position in S&P Global by 830.4% during the fourth quarter. Virtus Advisers LLC now owns 521 shares of the business services provider’s stock valued at $272,000 after purchasing an additional 465 shares during the last quarter. Finally, Stokes Family Office LLC bought a new stake in S&P Global during the fourth quarter valued at approximately $270,000. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

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.