Erste Group Bank Reduces Earnings Estimates for S&P Global

Posted by Francis Steltz on Jul 29th, 2026

S&P Global Inc. (NYSE:SPGI – Free Report) – Research analysts at Erste Group Bank lowered their FY2027 EPS estimates for shares of S&P Global in a report released on Monday, July 27th. Erste Group Bank analyst S. Lingnau now forecasts that the business services provider will post earnings per share of $20.32 for the year, down from their previous estimate of $20.92. The consensus estimate for S&P Global’s current full-year earnings is $18.37 per share.

S&P Global (NYSE:SPGI – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, topping analysts’ consensus estimates of $4.81 by $0.02. The business had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.12 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.43 earnings per share. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS.

SPGI has been the subject of several other research reports. The Goldman Sachs Group dropped 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 report on Wednesday, July 1st. BMO Capital Markets lifted their price objective on S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 7th. Morgan Stanley dropped their price objective 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. Jefferies Financial Group boosted their target price 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. Finally, Robert W. Baird lifted their price objective on shares of S&P Global from $520.00 to $521.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 21st. Eighteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $533.59.

Read Our Latest Research Report on SPGI

S&P Global Price Performance

Shares of SPGI stock opened at $423.55 on Wednesday. The firm’s 50 day moving average price is $423.99 and its two-hundred day moving average price is $439.95. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. S&P Global has a 52-week low of $381.61 and a 52-week high of $579.05. The stock has a market cap of $125.37 billion, a PE ratio of 26.81, a PEG ratio of 2.23 and a beta of 1.08.

Institutional Trading of S&P Global

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dorsey Asset Management LLC bought a new position in S&P Global during the first quarter worth $94,716,000. Troy Asset Management Ltd boosted its stake in S&P Global by 26.2% in the 4th quarter. Troy Asset Management Ltd now owns 41,706 shares of the business services provider’s stock valued at $21,795,000 after purchasing an additional 8,652 shares during the period. Capital International Inc. CA increased its position in S&P Global by 11.6% during the 4th quarter. Capital International Inc. CA now owns 70,716 shares of the business services provider’s stock worth $36,955,000 after buying an additional 7,343 shares during the period. V Square Quantitative Management LLC acquired a new stake in shares of S&P Global during the fourth quarter worth $3,652,000. Finally, ABN Amro Investment Solutions boosted its position in shares of S&P Global by 6.3% in the fourth quarter. ABN Amro Investment Solutions now owns 151,284 shares of the business services provider’s stock valued at $79,060,000 after acquiring an additional 8,997 shares during the period. 87.17% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Catherine R. Clay bought 2,500 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were acquired at an average price of $431.39 per share, with a total value of $1,078,475.00. Following the completion of the transaction, the chief executive officer owned 2,500 shares in the company, valued at $1,078,475. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Robert Edward Jr. Moritz purchased 1,152 shares of S&P Global stock in a transaction that occurred on Thursday, April 30th. The shares were bought at an average cost of $434.03 per share, with a total value of $500,002.56. Following the completion of the transaction, the director directly owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.03% of the company’s stock.

S&P Global Announces Dividend

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

S&P Global News Summary

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

Positive Sentiment: Second-quarter results exceeded expectations. Adjusted EPS was $4.83 versus the $4.81 consensus, while revenue increased 10.4% year over year to $4.15 billion, topping the $4.12 billion estimate. Record performance in Ratings and Indices supported margins, profit and cash flow. S&P Global Reports Second Quarter Results
Positive Sentiment: Capital-return plans provide support. S&P Global expects more than $7 billion in 2026 share repurchases, which could enhance per-share results and signal confidence in long-term cash generation. S&P Global buyback and outlook report
Positive Sentiment: Strategic acquisitions expand growth opportunities. The planned purchases of datacenterHawk and a majority stake in Agusto & Company would broaden S&P Global’s data-center, infrastructure, power-market and African credit-ratings businesses. S&P Global datacenterHawk acquisition
Neutral Sentiment: The Case-Shiller index showed U.S. home prices rose 1.1% annually in May, although prices fell 4.2% in real terms. The report offers useful market data but is unlikely to materially affect SPGI valuation. S&P Cotality Case-Shiller Index report
Negative Sentiment: Guidance is the key pressure point. S&P Global forecast 2026 adjusted EPS of $17.50–$17.75, below prevailing analyst expectations. The cautious outlook may overshadow the quarterly beat and help explain the stock’s decline. In addition, Erste Group cut its FY2027 EPS estimate to $20.32 from $20.92, reinforcing concerns about near-term earnings momentum.

About S&P Global

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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.