SPGI

LONGINSIDER BUY

S&P GLOBAL INC

Funds

Score

4.50

vs SPY

-16.6%

Stock return (since Q-end)

-0.3%

SPY return (since Q-end)

+16.3%

Current price

$424.00

News Summary

Positive

S&P Global delivered a solid Q1 2026 beat (+32% EPS growth, 14% adjusted EPS growth) with unchanged full-year guidance and strong AI momentum (5x API growth), but faces a notable headwind from Iran conflict disruption in the Energy segment. The planned Mobility spin-off (effective July 1, 2026) represents a significant structural transformation, while management change (Saugata Saha departure) and organizational realignment signal internal shifts during a critical period.

Red flags

•Iran conflict causing Energy revenue headwinds; guidance reduced by 1 percentage point for Energy growth
•Key management departure: President of Market Intelligence (Saugata Saha) leaving through July 30, 2026, during critical AI integration and spin-off execution period
•Mobility spin-off execution risk during Q3 2026 transition could create operational complexity and shareholder confusion

Funds Buying (3)

Fund	Manager	Shares Held	∆ Shares	Position Value	QoQ	Status
TCI Fund Management	Chris Hohn	14.0M	+14.0M	$5969.8B	—	NEW
Himalaya Capital	Li Lu	121K	+121K	$51.7B	—	NEW
Soros Fund Management	Soros Family Office	17K	+17K	$7.0B	—	NEW

Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter.

Insider Activity

Name	Title	Type	Shares	Price	Value	Filed
Clay Catherine R	CEO, S&P Dow Jones Indices	BUY	3K	$431.39	$1.08M	2026-05-01
Moritz Robert Edward Jr.	—	BUY	1K	$434.03	$0.50M	2026-04-30
CHEUNG MARTINA	CEO & President	BUY	2K	$429.93	$1.00M	2026-04-29