15 Stocks with Buy Ratings that Hedge Funds Love

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2. S&P Global Inc. (NYSE:SPGI)

No. of Hedge Funds: 99

Value of the hedge funds: $10.52 billion

A New York-based company, S&P Global Inc. (NYSE:SPGI) is a premier provider of financial intelligence, analytics, credit ratings, and indices. The company serves investors, corporations, and governments through segments like S&P Ratings, S&P Dow Jones Indices, and Market Intelligence. In this line of business, the company faces tough competition from Moody’s and MSCI. However, the company has grown its market share with a competitive edge acquired using proprietary benchmarks and deep capital market coverage. Also, acquiring IHS Markit has expanded its capabilities across ESG data and real-time financial analytics.

S&P Global Inc. (NYSE:SPGI)’s appeal among institutional investors is evident, with 99 hedge funds tracked by Insider Monkey at the end of Q4 2024 holding $10.52 billion in shares. Excluding the divested Engineering Solutions, the company saw strong growth in its subscription products, leading to a 15% increase in total revenue in 2024. S&P Global returned $4.4 billion to shareholders in dividends and share repurchases, thus gaining a positive reaction among investors. The company also announced its plans for continued strong capital returns in 2025. Furthermore, high investments in technology and AI have enabled the company to launch new AI-driven products, potentially tapping into the AI-based opportunities in the market in 2025.

S&P Global Inc. (NYSE:SPGI) stands tall in financial intelligence, thus registering a steady 7.51% EPS growth across five years. Analysts uphold a Strong Buy rating, reflecting the company’s ability to endure and survive macroeconomic changes.

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