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

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

Wall Street Analyst Weigh In

A number of research firms have recently commented on SPGI. Jefferies Financial Group upped their price objective on S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Evercore reduced their price objective on S&P Global from $625.00 to $560.00 and set an “outperform” rating for the company in a research report on Thursday, April 16th. JPMorgan Chase & Co. boosted their target price on S&P Global from $535.00 to $555.00 and gave the stock an “overweight” rating in a research report on Monday, July 20th. Wall Street Zen upgraded S&P Global to a “hold” rating in a research note on Saturday, July 4th. Finally, The Goldman Sachs Group dropped 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. Eighteen investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $525.06.

S&P Global Price Performance

SPGI stock traded down $4.57 during mid-day trading on Wednesday, hitting $419.79. 745,167 shares of the stock were exchanged, compared to its average volume of 2,310,643. The stock has a market capitalization of $124.26 billion, a price-to-earnings ratio of 26.46, a PEG ratio of 2.23 and a beta of 1.08. S&P Global has a 12 month low of $381.61 and a 12 month high of $579.05. The business has a fifty day moving average price of $423.99 and a 200 day moving average price of $439.95. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68.

S&P Global (NYSE:SPGI) last released its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, beating analysts’ consensus estimates of $4.81 by $0.02. The firm had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.12 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The business’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.43 earnings per share. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, sell-side analysts anticipate that S&P Global will post 18.37 EPS for the current year.

S&P Global Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be given a dividend of $0.97 per share. 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 is 24.56%.

Insider Activity

In other S&P Global news, CEO Catherine R. Clay bought 2,500 shares of S&P Global stock in a transaction on Friday, May 1st. The shares were acquired at an average price of $431.39 per share, for a total transaction of $1,078,475.00. Following the completion of the purchase, the chief executive officer directly owned 2,500 shares in the company, valued at approximately $1,078,475. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Robert Edward Jr. Moritz acquired 1,152 shares of the business’s 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 owned 1,152 shares in the company, valued at approximately $500,002.56. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.03% of the company’s stock.

S&P Global News Roundup

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

• Positive Sentiment: S&P Global reported second-quarter adjusted EPS of $4.83, ahead of the $4.81 consensus, while revenue reached $4.15 billion versus expectations of $4.12 billion. Revenue increased 10.4% year over year, supported by strong performance in Ratings and Indices. S&P Global Reports Second Quarter Results
• Positive Sentiment: Management maintained 2026 adjusted EPS guidance of $17.50-$17.75 and expects more than $7 billion in share repurchases, while raising its outlook for the Ratings and Indices businesses. The buyback plan could provide meaningful support for earnings per share and shareholder returns. S&P Global Earnings Guidance and Buybacks
• Positive Sentiment: The company is expanding its data and analytics offerings through acquisitions and product launches, including a majority stake in African ratings firm Agusto & Company, datacenterHawk’s data-center intelligence business, and additional private-markets datasets integrated into Capital IQ Pro. These moves strengthen exposure to credit, infrastructure, private markets and AI-enabled workflows. Expanded Private Markets Datasets
• Neutral Sentiment: Barclays lowered its price target to $553 from $555 but retained an “overweight” rating, while Robert W. Baird cut its target to $513 from $521 and maintained an “outperform” rating. Both firms continue to see substantial long-term upside, but the target reductions suggest more cautious near-term expectations.
• Negative Sentiment: The principal concern is that 2026 EPS guidance of $17.50-$17.75 is below prior Wall Street expectations, which several data providers put near $18.37-$18.98. In addition, Erste Group reduced its FY2027 EPS estimate to $20.32 from $20.92, adding to concerns that growth may moderate after the strong second quarter.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Compound Planning Inc. raised its holdings in S&P Global by 12.8% in the fourth quarter. Compound Planning Inc. now owns 3,004 shares of the business services provider’s stock valued at $1,570,000 after acquiring an additional 342 shares in the last quarter. Claris Financial LLC purchased a new stake in S&P Global in the 4th quarter valued at $229,000. Axxcess Wealth Management LLC grew its position in S&P Global by 241.7% during the 4th quarter. Axxcess Wealth Management LLC now owns 3,369 shares of the business services provider’s stock worth $1,760,000 after purchasing an additional 2,383 shares during the last quarter. Birchwood Financial Partners Inc. purchased a new stake in shares of S&P Global in the fourth quarter valued at about $56,000. Finally, Strive Financial Group LLC purchased a new position in shares of S&P Global during the fourth quarter worth about $80,000. 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.