5 Stocks to Buy According to William Von Mueffling’s Cantillon Capital Management

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

Cantillon Capital Management’s Stake Value: $879,110,000
Percentage of Cantillon Capital Management’s Portfolio: 6.27%
Number of Hedge Fund Holders: 97

S&P Global Inc. (NYSE:SPGI) and its subsidiaries offer credit ratings, benchmarks, analytics, and workflow solutions for the global finance, commodities, and auto markets. Chris Hohn’s TCI Fund Management is the biggest stakeholder of S&P Global Inc. (NYSE:SPGI), boosting its stake in the company by 83% in Q1, holding 6.82 million shares worth almost $2.80 billion.

On July 12, Raymond James analyst Patrick O’Shaughnessy maintained an Outperform rating on the shares while reducing his price objective on S&P Global Inc. (NYSE:SPGI) to $417 from $462. O’Shaughnessy warned investors in a research note that prolonged equities market falls will impact the Indices segment revenue.

S&P Global Inc. (NYSE:SPGI) topped the list of 10 stocks to buy according to William von Mueffling’s Cantillon Capital Management. Mueffling began building his stake in S&P Global Inc. (NYSE:SPGI) back in the second quarter of 2016. After buying 58,703 shares of S&P Global Inc. (NYSE:SPGI) stock in the first quarter of 2022, the hedge fund held 2.14 million shares worth about $879.11 million.

According to Insider Monkey’s database of 912 funds, 97 were long S&P Global Inc. (NYSE:SPGI), with a total stake value of $9.91 billion at the end of the first quarter of 2022, up from 79 funds having stakes equaling $7.83 billion in the last quarter.

Here is what Cooper Investors, an investment firm, had to say about S&P Global Inc. (NYSE:SPGI) in its Q1 2022 investor letter:

“This quarter, S&P Global announced the successful completion of its acquisition of IHS Markit. The deal makes S&P a global leader across the information services industry. The Fund has been long term shareholders of S&P, building a position back in 2015 when the organisation was still named McGraw-Hill Financial. We saw the initial opportunity as it refocused the business from a publishing and financial conglomerate towards its core data and financial assets. S&P’s credit ratings, benchmarks and analytics businesses in global capital and commodity markets carry leading positions, defensible offerings, consistent growth and high margins – as true today as it was seven years ago. With the increased focus management have applied over a lengthy period we see improved revenue growth, margins and cash flows…” (Click here to see the full text)

You can also take a peek at 10 Stocks to Buy According to Carlson Capital and 10 Stocks to Buy According to Stephen DuBois’ Camber Capital Management

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