Erste Group Bank Decreases Earnings Estimates for S&P Global

Key Points

• Erste Group Bank slightly lowered its FY2026 EPS forecast for S&P Global to $17.83 from $17.85, still above the company’s guidance range of $17.50–$17.75. It projects FY2027 EPS of $20.26.
• Despite several firms reducing price targets, analyst sentiment remains positive: 18 analysts rate the stock a Buy and two rate it Hold, producing a “Moderate Buy” consensus and an average target of $523.59.
• S&P Global recently beat quarterly estimates with $4.83 EPS and $4.15 billion in revenue, up 10.4% year over year. The stock opened at $404.99, near the lower end of its 12-month range of $381.61 to $552.25.

S&P Global Inc. (NYSE:SPGI - Free Report) - Stock analysts at Erste Group Bank dropped their FY2026 earnings per share (EPS) estimates for shares of S&P Global in a research report issued to clients and investors on Friday, September 18th. Erste Group Bank analyst S. Lingnau now expects that the business services provider will post earnings of $17.83 per share for the year, down from their previous forecast of $17.85. The consensus estimate for S&P Global's current full-year earnings is $17.75 per share. Erste Group Bank also issued estimates for S&P Global's FY2027 earnings at $20.26 EPS.

Several other equities research analysts also recently issued reports on the company. JPMorgan Chase & Co. dropped their price objective on S&P Global from $555.00 to $530.00 and set an "overweight" rating on the stock in a report on Wednesday, July 29th. Barclays reduced their target price on S&P Global from $555.00 to $553.00 and set an "overweight" rating for the company in a research note on Wednesday, July 29th. Royal Bank Of Canada restated an "outperform" rating and issued a $510.00 price target on shares of S&P Global in a research note on Wednesday, August 26th. The Goldman Sachs Group decreased their price target on S&P Global from $539.00 to $490.00 and set a "buy" rating for the company in a research note on Wednesday, July 1st. Finally, Bank of America cut their price objective on S&P Global from $575.00 to $550.00 and set a "buy" rating on the stock in a research note on Friday, July 10th. Eighteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $523.59.

S&P Global Stock Performance

S&P Global stock opened at $404.99 on Monday. The firm's fifty day moving average price is $425.65 and its 200 day moving average price is $424.99. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.95 and a quick ratio of 0.95. The company has a market capitalization of $119.39 billion, a price-to-earnings ratio of 24.72, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. S&P Global has a 12-month low of $381.61 and a 12-month high of $552.25.

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 EPS for the quarter, beating the consensus estimate of $4.81 by $0.02. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The firm had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.09 billion. During the same quarter last year, the firm posted $4.43 earnings per share. S&P Global's revenue for the quarter was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SPGI. ABS Direct Equity Fund LLC bought a new stake in S&P Global in the second quarter worth about $166,000. Rench Wealth Management Inc. boosted its position in shares of S&P Global by 5.7% during the 2nd quarter. Rench Wealth Management Inc. now owns 3,355 shares of the business services provider's stock valued at $1,366,000 after purchasing an additional 180 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of S&P Global by 76.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 690,931 shares of the business services provider's stock valued at $281,388,000 after purchasing an additional 299,454 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of S&P Global by 9.6% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 8,864 shares of the business services provider's stock worth $3,610,000 after purchasing an additional 778 shares during the last quarter. Finally, Tidal Investments LLC grew its stake in shares of S&P Global by 343.5% in the 2nd quarter. Tidal Investments LLC now owns 516,235 shares of the business services provider's stock worth $198,989,000 after purchasing an additional 399,832 shares during the last quarter. Institutional investors own 87.17% of the company's stock.

About S&P Global

S&P Global Inc NYSE: SPGI provides financial information, analytics, benchmarks and credit ratings to businesses, governments and investors worldwide. Its services are used to evaluate credit risk, analyze markets, value assets, assess commodities and support investment and business decisions.

The company operates through businesses that include S&P Global Ratings, which provides credit ratings and related research; S&P Global Market Intelligence, which delivers financial and industry data, analytics and workflow tools; S&P Global Commodity Insights, which supplies information and pricing assessments for energy and commodity markets; and S&P Dow Jones Indices, which develops and maintains market indexes such as the S&P 500.

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