Simon Property Group, Inc. $SPG Position Increased by Handelsbanken Fonder AB

Handelsbanken Fonder AB grew its position in Simon Property Group, Inc. (NYSE:SPG) by 13.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 177,714 shares of the real estate investment trust’s stock after buying an additional 21,341 shares during the quarter. Handelsbanken Fonder AB owned approximately 0.05% of Simon Property Group worth $39,746,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPG. Stance Capital LLC acquired a new stake in shares of Simon Property Group during the third quarter valued at approximately $26,000. Wilkerson Advisory Group LLC acquired a new position in Simon Property Group in the 4th quarter worth approximately $29,000. SHP Wealth Management acquired a new position in Simon Property Group in the 4th quarter worth approximately $34,000. Dynamic Wealth Strategies LLC boosted its stake in Simon Property Group by 195.8% in the 1st quarter. Dynamic Wealth Strategies LLC now owns 210 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 139 shares during the period. Finally, Cullen Frost Bankers Inc. grew its position in Simon Property Group by 79.3% during the 4th quarter. Cullen Frost Bankers Inc. now owns 251 shares of the real estate investment trust’s stock worth $46,000 after purchasing an additional 111 shares in the last quarter. 93.01% of the stock is currently owned by institutional investors and hedge funds.

More Simon Property Group News

Here are the key news stories impacting Simon Property Group this week:

• Positive Sentiment: Q2 results exceeded expectations: Simon reported second-quarter 2026 funds from operations (FFO) of $3.29 per share, above the $3.18 consensus estimate and up from $3.05 a year earlier. Revenue rose approximately 19.5% year over year to $1.79 billion, topping forecasts. Simon Property Q2 FFO and Revenues Top Estimates
• Positive Sentiment: Leasing and retailer performance remained strong: Record leasing activity, higher retailer sales and 13.9% sales growth at its properties point to continued tenant demand and support future rent growth. Simon Property Group Q2 2026 Earnings Call Highlights
• Positive Sentiment: 2026 guidance was raised: Management increased its full-year real estate FFO-per-share outlook to $13.20-$13.30, modestly above the prior forecast, although the midpoint is close to the $13.21 analyst consensus. Simon Reports Second Quarter 2026 Results
• Positive Sentiment: Analyst sentiment improved: Ladenburg Thalmann raised its SPG price target from $250 to $275 and upgraded the stock to “Buy,” implying substantial upside based on the referenced price. Ladenburg Thalmann Raises Simon Property Price Target
• Positive Sentiment: Dividend supports income appeal: Simon declared a quarterly dividend of $2.25 per share, representing an annualized yield of roughly 4.1%.
• Neutral Sentiment: Saks closures could create an offsetting opportunity: Although Saks Global stopped paying $18 million in rent after vacating about one million square feet, Simon reportedly expects replacement leasing to generate more than twice that amount over time. Simon Poised to Gain Rent From Saks Closures
• Negative Sentiment: Reported GAAP earnings were weak: One data source indicated diluted EPS of $0.29 and a sharp decline in net income attributable to common shareholders, despite the strong FFO result. This discrepancy may have encouraged profit-taking and raised questions about one-time items and earnings quality. Simon Property Group Q2 Earnings Data
• Negative Sentiment: Guidance increase was limited: The updated outlook was only slightly above consensus, potentially disappointing investors looking for a larger upgrade following the quarterly beat. Ongoing mall, retailer and leverage risks also remain relevant for the highly leveraged REIT.

Insider Activity

In other news, Director Gary M. Rodkin bought 256 shares of the company’s stock in a transaction on Tuesday, June 30th. The shares were bought at an average cost of $223.34 per share, with a total value of $57,175.04. Following the transaction, the director directly owned 21,016 shares in the company, valued at approximately $4,693,713.44. This trade represents a 1.23% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Glyn Aeppel bought 243 shares of the company’s stock in a transaction on Tuesday, June 30th. The stock was purchased at an average cost of $223.36 per share, for a total transaction of $54,276.48. Following the completion of the transaction, the director owned 21,067 shares in the company, valued at approximately $4,705,525.12. The trade was a 1.17% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have acquired 2,387 shares of company stock valued at $533,056. 8.73% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

SPG has been the topic of several recent analyst reports. UBS Group boosted their target price on shares of Simon Property Group from $199.00 to $222.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Barclays raised their target price on Simon Property Group from $212.00 to $213.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft downgraded Simon Property Group from a “buy” rating to a “hold” rating and set a $220.00 price target on the stock. in a report on Thursday, July 9th. Truist Financial upped their price target on Simon Property Group from $196.00 to $215.00 and gave the company a “hold” rating in a research report on Tuesday, June 23rd. Finally, Bank of America increased their price objective on Simon Property Group from $225.00 to $236.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $221.07.

Simon Property Group Stock Down 0.4%

Simon Property Group stock opened at $219.61 on Wednesday. Simon Property Group, Inc. has a twelve month low of $165.37 and a twelve month high of $238.50. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.84 and a current ratio of 0.84. The firm has a market cap of $71.22 billion, a PE ratio of 15.49, a P/E/G ratio of 2.85 and a beta of 1.30. The firm’s 50 day moving average price is $221.47 and its two-hundred day moving average price is $205.34.

Simon Property Group (NYSE:SPG) last issued its earnings results on Monday, August 10th. The real estate investment trust reported $1.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.64 by ($0.15). Simon Property Group had a net margin of 66.56% and a return on equity of 91.46%. The company had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same period last year, the business earned $1.70 EPS. The company’s quarterly revenue was up 19.5% on a year-over-year basis. Simon Property Group has set its FY 2026 guidance at 13.200-13.300 EPS. On average, research analysts predict that Simon Property Group, Inc. will post 13.21 EPS for the current fiscal year.

Simon Property Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 9th will be issued a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Wednesday, September 9th. Simon Property Group’s dividend payout ratio (DPR) is currently 63.47%.

About Simon Property Group

Simon Property Group, Inc (NYSE: SPG) is a publicly traded real estate investment trust (REIT) that owns, develops and manages retail real estate properties. Its core business activities include acquisition, development, leasing and property management of regional malls, outlet centers and mixed‑use retail destinations. The company operates retail brands that include high‑profile regional shopping centers and the Premium Outlets platform, and it provides services such as tenant leasing, marketing, property operations and capital projects to optimize asset performance.

Simon’s portfolio spans a broad mix of enclosed malls, open‑air centers, outlet properties and mixed‑use developments, and the company pursues redevelopment and repositioning to adapt properties to changing consumer and retail trends.