S&P Global (SPGI) has been on an upward trend since its last earnings report, with a 2.3% rise. They recently announced a 5.5% increase in their second-quarter dividend to $0.96 and a sale of OSTTRA to KKR for $3.1 billion. SPGI is making strategical moves by announcing the intent to separate its Mobility Segment into a standalone public entity alongside expanding their Databricks partnership. The company's latest innovation is their new AI tool CreditCompanion that revolutionizes credit research. SPGI has also appointed Eric Aboaf as their new CFO. Fueled by strong revenue growth, Q1 2025 shows promise. Despite a predicted slow in U.S. auto sales, SPGI remains a top choice for long-term investors, billionaires like Chris Hohn, and hedge funds. It delivers impressive earnings, consistently surpassing Wall Street estimates. The company is selling off non-core businesses and recently agreed to acquire ORBCOMM's Automatic Identification System business. The settlement with the SEC and a strong dividend history play significant roles in SPGI's attractiveness to investors. The company is scheduled to report Q2 results with new CEO Martina Cheung presenting at the Bernstein conference.
SP Global SPGI News Analytics from Tue, 30 Jul 2024 07:00:00 GMT to Thu, 29 May 2025 18:33:15 GMT -
Rating 8
- Innovation 4
- Information 8
- Rumor -5
