SPGI
LONGINSIDER BUYCONGRESS BUYS&P GLOBAL INC
Research: Finviz ↗·Perplexity ↗
🗄 Viewing archived Q1 2026 data — frozen, no longer refreshed.
News Summary
PositiveS&P Global demonstrated strong operational momentum in Q1-Q2 2026 with consecutive earnings beats (Q1 EPS +13.7% YoY, Q2 +23% adjusted EPS growth) and record performance in high-margin Ratings and Indices segments, offsetting earlier 2026 guidance disappointment. The successful July 1, 2026 spin-off of Mobility Global and strategic Market Intelligence restructuring position the company for focused growth, though Energy segment weakness (3% growth, Iran conflict impact) and AI disruption risks in lower-margin businesses remain structural headwinds.
Red flags
- •2026 full-year EPS guidance of $19.40–$19.65 was below consensus ($19.96) when issued in February 2026, triggering 18% stock decline
- •Energy segment growth decelerated to 3% in Q2 2026 amid Iran conflict volatility and renewal pressures
- •Market Intelligence revenue growth slowed to 6% YoY in Q2; consulting and sustainability verticals soft; AI disruption risk concentrated in lower-multiple divisions
- •Saugata Saha, President of Market Intelligence and Chief Enterprise Data Officer, departed July 30, 2026 amid organizational restructuring
- •Q1 2026 initial guidance and Q4 2025 results prompted analyst downgrade to 'Hold' citing unattractive risk-reward and business quality dilution from lower-margin segments
Funds Buying (3)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | % of Fund | QoQ | Status |
|---|---|---|---|---|---|---|---|
| TCI Fund Management | Chris Hohn | 14.0M | +14.0M | $6.0B | 13.2% | — | NEW |
| Himalaya Capital | Li Lu | 121K | +121K | $52M | 1.6% | — | NEW |
| Soros Fund Management | Soros Family Office | 17K | +17K | $7M | <0.1% | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter. % of Fund is the position's share of the fund's reported equity portfolio — it drives the size weighting in the conviction score.
Portfolio Context
Where SPGI ranks in each buying fund's book, and the positions immediately around it. What a holding sits next to often says more about the thesis than the position size does.
position #4 of this fund's book
- 1GE AEROSPACE$13,482M
- 2VISA INC$9,209M
- 3MOODYS CORP$6,253M
- 4S&P GLOBAL INC$5,970M
- 5CANADIAN PACIFIC KANSAS CITY$3,660M
- 6ALPHABET INC$2,540M
- 7FERROVIAL SE$1,328M
position #10 of this fund's book
- 7OCCIDENTAL PETE CORP$95M
- 8CROCS INC$74M
- 9TENCENT MUSIC ENTMT GROUP$61M
- 10S&P GLOBAL INC$52M
- 11BLOCK H & R INC$52M
- 12MOODYS CORP$51M
- 13APPLE INC$28M
Values are quarter-end position sizes. Shown only for funds where SPGI ranks inside their 40 largest equity positions — below that, neighbouring names carry no signal. Adjacency is an inference about a fund's reasoning, not a disclosure of it.
Signal History
| Quarter | Direction | Funds | Score | vs SPY |
|---|---|---|---|---|
| Q2 2026 | LONG | 4 | 5.36 | +10.0% |
| Q1 2026 | LONG | 3 | 4.61 | -15.4% |
Same issuer appearing in consecutive quarters — persistent institutional conviction. Returns are frozen at each archived quarter's last refresh.
Insider Activity
Congressional Trading
| Member | Chamber | State | Type | Amount Range | Transaction Date | Filed | Src |
|---|---|---|---|---|---|---|---|
| Alan Armstrong | senate | — | BUY | $1,001 - $15,000 | 2026-03-27 | 2026-07-21 | ↗ |
Periodic Transaction Reports filed under the STOCK Act. Amounts are disclosed as ranges, not exact dollar figures.