$SPGI

Chris Hohn's hedge fund, TCI Fund Management, holds significant stakes in Moody's (8.2% of shares) and S&P Global, valued at $6.5B and $5.7B respectively. The fund has pushed both companies to adopt climate policies, raising concerns about the influence of wealthy investors on credit-rating decisions. Moody's and S&P Global have incorporated climate risks into their credit assessments, affecting industries like oil and gas.

Argus Research kept its Buy rating on S&P Global and increased its price target to $520 from $515, suggesting a 10.1% upside from the Nov 5 close of $472.41. Recent analyst price targets for S&P Global range from $520 to $572.

Analysts from RBC Capital and Barclays maintained Buy ratings on S&P Global (SPGI) with price targets of $510 and $553, respectively. The stock closed at $483.70. Western Union (WU) received a Hold rating from RBC Capital with a $8 price target, while Susquehanna also maintained a Hold rating with a $7 target. The stock closed at $7.40.

Pershing Square's Q3 2026 investor letter reported 13% YoY growth in fee-related earnings to $63.7M and 8% growth in distributable earnings before taxes to $61.0M. S&P Global Inc. (SPGI) was highlighted, with Pershing Square noting its 3% Q3 share price increase and long-term earnings growth expectations. SPGI's market cap is $137.63B, and it trades at 20x earnings. The firm supports SPGI's strategic review, including potential business separation to focus on high-quality data assets.

S&P Global promotes Alex Sedgwick to global head of fixed income and municipals, primary markets, following Carl James' retirement. Sedgwick joined in 2025 and previously held roles at Trading Technologies and other firms. James had a 30-year career in fixed income and FX trading.

Barclays raised its price target for S&P Global to $572, a 3.4% increase from $553, implying 22.6% upside from the Oct 30 close. Recent analyst targets range from $515 to $550.

S&P Global and Kalshi will collaborate to create indices based on prediction-market event contracts, tracking outcomes in politics, supply chains, AI, and weather. S&P Global also completed its acquisition of OpenZeppelin, expanding its blockchain security capabilities. The partnership aims to develop financial products around future event expectations, though specific details are not yet disclosed.

Analysts from Wells Fargo, Bank of America, and others released reports on Principal Financial (PFG), S&P Global (SPGI), and Visa (V). PFG received a Hold rating with a $109 target, SPGI a Buy with a $550 target, and V a Buy with a $430 target. Consensus ratings and targets vary, with SPGI and V showing potential upside.

Chainlink (LINK) and S&P Global Ratings (SPGI) expanded their collaboration to provide Vault Risk Assessments onchain, enabling institutions and DeFi platforms to evaluate lending vault risks. The integration uses Chainlink DataLink and CRE to publish S&P's risk data onchain, with Base as the initial supported blockchain. According to S&P, deposits in lending vaults reached $10 billion in September 2026, up from $1.5 billion two years earlier.

S&P Global Inc. raised its full-year organic growth guidance to 7.5%-8.5% after Q3 2026 earnings. Revenue growth accelerated in Market Intelligence and Energy, driven by AI data demand. Ratings division saw record issuance from hyperscalers. Indices achieved record revenue, supported by ETF growth and a CBOE contract extension. The company plans to issue $2 billion in debt for a $7 billion share repurchase program.