Pershing Square initiates position in S&P Global at $418.04 amid AI-driven market concerns and recent spin-off activity.
S&P Global Inc. (NYSE:SPGI) closed at $418.04 on August 18, 2026, valuing the company at $123.24 billion. The stock has declined 20.66% over the past 52 weeks and posted a one-month return of -2.57%.
The company, known for its dominant benchmarks in ratings, indices, and energy markets, generates over 80% of profits from these franchises. In July 2026, S&P Global spun off its automotive data business into a separate public entity.
Pershing Square Holdings disclosed a new stake in SPGI during Q2 2026, citing long-term admiration for the business despite recent market volatility tied to AI concerns.