S&P Global’s (SPGI) Remaining Divisions Showcase Strong Profitability Post Spin-Out

Andvari Associates, an investment management firm, highlighted S&P Global Inc. (NYSE:SPGI) in its Q2 2026 investor letter. The company recently spun out its Mobility Global (MBGL) division to shareholders, resulting in a higher-quality business with brighter prospects. S&P Global Inc. (NYSE:SPGI) posted impressive adjusted operating margins of 65% in its credit ratings business, 71% in S&P Dow Jones Indices business, and 48% in Energy business in 2025.

However, Mobility Global had significantly lower margins of just 40%. Despite S&P Global Inc. (NYSE:SPGI) not being on the list of the 40 most popular stocks among hedge funds heading into 2026, the company still held by 124 hedge fund portfolios as of the second quarter. Andvari Associates suggests that certain AI stocks may offer greater upside potential and carry less downside risk compared to S&P Global Inc. (NYSE:SPGI).