S&P Global Inc Surges to 121st Most Traded Stock with $715 Million Turnover

On June 3, 2025, S&P Global Inc. (SPGI) saw a significant surge in trading volume, with a total turnover of $715 million, marking a 52.94% increase from the previous day. This substantial rise in trading activity positioned SPGI as the 121st most traded stock on the day, reflecting heightened investor interest and market activity.

Goldman Sachs recently updated its investment strategy, removing S&P Global from its US Conviction List. This decision, made during the firm's monthly review, indicates a shift in their investment outlook. While the specific reasons for this move were not disclosed, such changes can influence investor sentiment and stock momentum.

S&P Global reported an 8% year-over-year increase in total revenue for the first quarter of 2025, with subscription products growing by 7%. The company achieved a 9% growth in adjusted diluted EPS and expanded margins by 240 basis points on a trailing 12-month basis. Additionally, S&P Global returned over $900 million to shareholders through dividends and repurchases in the first quarter.

The company announced plans to separate its Mobility division into a standalone public company, aiming to enhance strategic focus and shareholder value. This move is expected to streamline operations and potentially unlock additional value for investors. Strong engagement with platforms was noted, with active users across Capital IQ platforms, Platts Connect, and automotiveMastermind increasing by 23% year over year.

However, S&P Global anticipates challenges in the near term, including a slowing pace of decision-making in the markets, which could impact the M&A environment and issuance volumes. Market volatility and geopolitical risks are also creating challenges in predicting central bank actions and capital markets activity. The Ratings business faces near-term headwinds with expected declines in issuance volumes, particularly in high yields. The company anticipates lower growth in Ratings and Indices due to market-driven factors, impacting revenue guidance.