Why S&P Global (SPGI) Stock Is Up Today

S&P Global (SPGI) is up 3.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a mix of improving sentiment after S&P Global’s late-July results and a fresh boost from Pershing Square disclosing S&P Global as one of its new investments. Investors also appear to be warming to the post-spin story after the company completed the Mobility separation, posted solid second-quarter growth, and outlined continued buybacks and targeted acquisitions.

Details:

S&P Global’s second-quarter 2026 earnings materials showed pro forma revenue rose 11% year over year to $3.678 billion, while adjusted diluted EPS increased 23% to $4.83.

The company said it completed the spin-off of Mobility Global on July 1, a step that simplifies the remaining business and may be helping investors revalue the core data, ratings, indices, and energy franchises.

Management’s updated 2026 outlook called for reported revenue growth of 5.9% to 7.9% and adjusted diluted EPS of $17.50 to $17.75, while also indicating expectations for more than $7 billion of share repurchases in 2026.

Pershing Square’s August shareholder letter identified S&P Global as one of six new investments, which may have reinforced confidence in the company’s long-term earnings durability and market position.

Sources:

S&P Global, Pershing Square

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$SPGI Insider Trading Activity

$SPGI insiders have traded $SPGI stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $SPGI stock by insiders over the last 6 months:

CATHERINE R CLAY (CEO, S&P Dow Jones Indices) purchased 2,500 shares for an estimated $1,078,475
MARTINA CHEUNG (CEO & President) purchased 2,322 shares for an estimated $998,297
ROBERT EDWARD JR. MORITZ purchased 1,151 shares for an estimated $500,000

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$SPGI Hedge Fund Activity

We have seen 869 institutional investors add shares of $SPGI stock to their portfolio, and 1,354 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CURATED WEALTH PARTNERS LLC added 3,508,544 shares (+471578.5%) to their portfolio in Q2 2026, for an estimated $1,428,889,629
EAGLE CAPITAL MANAGEMENT LLC added 2,642,317 shares (+185.4%) to their portfolio in Q2 2026, for an estimated $1,076,110,021
PERSHING SQUARE INC. added 2,593,155 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,056,088,305
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,431,860 shares (+inf%) to their portfolio in Q2 2026, for an estimated $990,399,303
BANK OF AMERICA CORP /DE/ removed 2,321,433 shares (-52.2%) from their portfolio in Q2 2026, for an estimated $945,426,803
EDGEPOINT INVESTMENT GROUP INC. added 2,049,857 shares (+inf%) to their portfolio in Q2 2026, for an estimated $834,824,761
JPMORGAN CHASE & CO added 1,867,953 shares (+inf%) to their portfolio in Q2 2026, for an estimated $760,742,538

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$SPGI Government Contracts

We have seen $16,087,495 of award payments to $SPGI over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

FINANCIAL DATA ANALYSIS AWARD: $4,116,850
ACCESS TO CAPITAL IQS FINANCIAL DATA: $586,760
ACCESS TO FINANCIAL DATABASES: $510,532
S&P FINANCIAL SERVICE SUBSCRIPTION: $496,188
ONLINE SUBSCRIPTION - STANDARD & POOR'S RATINGS DIRECT GLOBAL CREDIT PORTAL: $479,750

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$SPGI Congressional Stock Trading

Members of Congress have traded $SPGI stock 8 times in the past 6 months. Of those trades, 1 have been purchases and 7 have been sales.

Here’s a breakdown of recent trading of $SPGI stock by members of Congress over the last 6 months:

REPRESENTATIVE RICK LARSEN sold up to $15,000 on 07/08.
REPRESENTATIVE THOMAS H. KEAN, JR. has traded it 2 times. They made 0 purchases and 2 sales worth up to $65,000 on 06/29, 03/26.
REPRESENTATIVE JARED MOSKOWITZ has traded it 3 times. They made 0 purchases and 3 sales worth up to $45,000 on 06/17.
REPRESENTATIVE RICK W. ALLEN sold up to $50,000 on 04/16.
SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$SPGI Analyst Ratings

Wall Street analysts have issued reports on $SPGI in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

JP Morgan issued a "Overweight" rating on 04/29/2026

To track analyst ratings and price targets for $SPGI, check out Quiver Quantitative's $SPGI forecast page.

$SPGI Price Targets

Multiple analysts have issued price targets for $SPGI recently. We have seen 8 analysts offer price targets for $SPGI in the last 6 months, with a median target of $525.0.

Here are some recent targets:

Andrew Steinerman from JP Morgan set a target price of $535.0 on 07/08/2026
Jeffrey Silber from BMO Capital set a target price of $505.0 on 07/07/2026
Alex Kramm from UBS set a target price of $525.0 on 07/07/2026
Ashish Sabadra from RBC Capital set a target price of $510.0 on 07/07/2026
Toni Kaplan from Morgan Stanley set a target price of $525.0 on 07/07/2026
Manav Patnaik from Barclays set a target price of $555.0 on 07/07/2026
Sean Kennedy from Mizuho set a target price of $554.0 on 05/05/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.