Erste Group Bank Weighs in on S&P Global FY2026 Earnings

S&P Global Inc. (NYSE:SPGI) – Analysts at Erste Group Bank dropped their FY2026 earnings per share (EPS) 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 post earnings per share of $18.60 for the year, down from their prior forecast of $19.62. The consensus estimate for S&P Global’s current full-year earnings is $19.32 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 (EPS) for the quarter, topping analysts’ consensus estimates of $4.82 by $0.15. The company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS.

A number of other research firms have also issued reports on SPGI. Daiwa Securities Group reduced their target price on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a report on Wednesday, May 20th. Jefferies Financial Group boosted their price target on shares of S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Wells Fargo & Company cut their price objective on S&P Global from $530.00 to $525.00 and set an “overweight” rating on the stock in a research report on Monday, April 13th. Wall Street Zen upgraded S&P Global to a “hold” rating in a research note on Saturday, July 4th. Finally, BMO Capital Markets increased their price objective on S&P Global from $495.00 to $505.00 and gave the company an “outperform” rating in a research note on Tuesday, July 7th. Seventeen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $533.88.

S&P Global Trading Down 1.5%

Shares of SPGI stock opened at $450.57 on Friday. 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 market capitalization of $133.37 billion, a P/E ratio of 28.52, a price-to-earnings-growth ratio of 2.21 and a beta of 1.08. The company has a 50 day moving average price of $421.35 and a 200 day moving average price of $445.32. S&P Global has a fifty-two week low of $381.61 and a fifty-two week high of $579.05.

S&P Global Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors 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 yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is 24.56%.

Insider Activity at S&P Global

In other news, CEO Martina Cheung purchased 2,322 shares of the firm’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 completion of the purchase, the chief executive officer directly owned 27,518 shares of the company’s stock, valued at $11,830,813.74. The trade was a 9.22% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Catherine R. Clay purchased 2,500 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average price of $431.39 per share, with a total value of $1,078,475.00. Following the purchase, the chief executive officer directly owned 2,500 shares of the company’s stock, valued at $1,078,475. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 5,974 shares of company stock valued at $2,576,775 over the last 90 days. 0.03% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On S&P Global

Institutional investors have recently modified their holdings of the company. YANKCOM Partnership lifted its holdings in shares of S&P Global by 7.9% during the fourth quarter. YANKCOM Partnership now owns 259 shares of the business services provider’s stock worth $135,000 after buying an additional 19 shares during the last quarter. LeConte Wealth Management LLC boosted its position in shares of S&P Global by 4.1% in the fourth quarter. LeConte Wealth Management LLC now owns 511 shares of the business services provider’s stock valued at $267,000 after acquiring an additional 20 shares during the period. Elwood & Goetz Wealth Advisory Group LLC grew its stake in shares of S&P Global by 3.3% in the fourth quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 632 shares of the business services provider’s stock worth $330,000 after acquiring an additional 20 shares during the last quarter. Steigerwald Gordon & Koch Inc. increased its position in S&P Global by 15.6% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 148 shares of the business services provider’s stock worth $77,000 after acquiring an additional 20 shares during the period. Finally, Embree Financial Group raised its stake in S&P Global by 2.0% during the 4th quarter. Embree Financial Group now owns 1,090 shares of the business services provider’s stock valued at $570,000 after purchasing an additional 21 shares during the last quarter. 87.17% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting S&P Global

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

• Positive Sentiment: Stifel Nicolaus raised its price target on S&P Global to $521 from $489 and kept a buy rating, implying roughly 15.6% upside from the current share price. Benzinga Street Insider
• Positive Sentiment: S&P Global Energy said booming U.S. LNG exports could add $1.4 trillion to GDP through 2040 and support hundreds of thousands of jobs, reinforcing the company’s research and energy-market credibility. Reuters
• Positive Sentiment: S&P Global Market Intelligence launched ETF Intelligence, a new analytics product aimed at the fast-growing ETF market, which could help expand data and subscription revenue over time. PR Newswire
• Neutral Sentiment: Erste Group Bank lowered its FY2026 EPS estimate for S&P Global to $18.60 from $19.62, which is below the current consensus estimate of $19.49 and may temper expectations. MarketBeat
• Neutral Sentiment: Separate commentary flagged the stock as expensive on fair value and earnings, suggesting valuation remains a concern for some investors. Yahoo Finance
• Negative Sentiment: One market report said S&P Global underperformed peers on Wednesday, indicating some relative weakness versus competitors. MarketWatch

S&P Global Company Profile

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.