FY2027 EPS Estimates for S&P Global Cut by Erste Group Bank

S&P Global Inc. (NYSE:SPGI) – Research analysts at Erste Group Bank dropped their FY2027 earnings per share (EPS) estimates for S&P Global in a report issued on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now anticipates that the business services provider will post earnings of $20.92 per share for the year, down from their prior forecast of $22.19. The consensus estimate for S&P Global’s current full-year earnings is $19.32 per share.

S&P Global (NYSE:SPGI) last posted its earnings results 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 analyst estimates of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The business’s revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the company 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 analysts also recently commented on SPGI. Wall Street Zen upgraded S&P Global to a “hold” rating in a research note on Saturday, July 4th. Morgan Stanley cut their target price on S&P Global from $557.00 to $525.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 7th. Evercore reduced their price target on shares of S&P Global from $625.00 to $560.00 and set an “outperform” rating for the company in a report on Thursday, April 16th. Royal Bank Of Canada lowered their price target on shares of S&P Global from $560.00 to $510.00 and set an “outperform” rating for the company in a research report on Tuesday, July 7th. Finally, Barclays dropped their price objective 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. Seventeen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, S&P Global has an average rating of “Moderate Buy” and an average target price of $535.06.

S&P Global Trading Down 0.5%

Shares of NYSE SPGI opened at $448.52 on Monday. S&P Global has a 12-month low of $381.61 and a 12-month high of $579.05. The company has a market cap of $132.76 billion, a price-to-earnings ratio of 28.39, a price-to-earnings-growth ratio of 2.18 and a beta of 1.08. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. The stock’s 50 day simple moving average is $421.91 and its 200 day simple moving average is $444.17.

S&P Global Announces Dividend

The firm also recently disclosed 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. This represents a $3.88 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th. S&P Global’s dividend payout ratio is 24.56%.

Insider Activity at S&P Global

In other S&P Global news, CEO Catherine R. Clay bought 2,500 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were purchased at an average cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the transaction, the chief executive officer directly owned 2,500 shares in the company, valued at $1,078,475. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert Edward Jr. Moritz bought 1,152 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were acquired at an average cost of $434.03 per share, for a total transaction of $500,002.56. Following the purchase, the director directly owned 1,152 shares in the company, valued at $500,002.56. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 5,974 shares of company stock worth $2,576,775 in the last three months. 0.03% of the stock is owned by company insiders.

Institutional Investors Weigh In On S&P Global

A number of hedge funds and other institutional investors have recently modified their holdings of SPGI. Tema ETFs LLC raised its stake in shares of S&P Global by 9.7% during the second quarter. Tema ETFs LLC now owns 7,748 shares of the business services provider’s stock valued at $3,155,000 after purchasing an additional 683 shares in the last quarter. William Mack & Associates Inc. bought a new position in S&P Global in the 2nd quarter valued at about $246,000. Charles Schwab Trust Co bought a new position in S&P Global in the 2nd quarter valued at about $204,000. Fulton Bank N.A. increased its stake in S&P Global by 69.3% during the 2nd quarter. Fulton Bank N.A. now owns 1,852 shares of the business services provider’s stock valued at $754,000 after buying an additional 758 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its stake in S&P Global by 23.2% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,031 shares of the business services provider’s stock valued at $420,000 after buying an additional 194 shares during the period. 87.17% of the stock is currently owned by institutional investors.

More S&P Global News

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

• Positive Sentiment: JPMorgan Chase & Co. raised its price target on S&P Global to $555 from $535 and reiterated an overweight rating, signaling confidence in roughly 24% upside from the current share price. Benzinga article
• Positive Sentiment: Wells Fargo maintained its buy rating on S&P Global, and other market commentary highlighted the stock as one of the more attractive large-cap financial names. Wells Fargo article
• Positive Sentiment: Stifel Nicolaus said S&P Global’s stock price is expected to rise, adding to the recent stream of bullish analyst sentiment. Stifel article
• Neutral Sentiment: Investor discussion has also been favorable, with value-investing communities arguing that S&P Global may be a better buy than SpaceX; however, this is more sentiment-driven than a direct business catalyst. Insider Monkey article
• Negative Sentiment: Erste Group Bank cut its FY2027 EPS estimates for S&P Global, which could pressure expectations for future earnings growth. American Banking News article
• Negative Sentiment: Another Erste Group note also pointed to reduced earnings expectations for the company, reinforcing concerns around longer-term profit outlook. American Banking News article

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.