KMG Fiduciary Partners LLC Grows Stock Holdings in Simon Property Group, Inc. $SPG

KMG Fiduciary Partners LLC grew its stake in Simon Property Group, Inc. (NYSE:SPG) by 186.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,972 shares of the real estate investment trust’s stock after acquiring an additional 4,542 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in Simon Property Group were worth $1,559,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Danske Bank A S boosted its holdings in Simon Property Group by 11.1% in the fourth quarter. Danske Bank A S now owns 193,946 shares of the real estate investment trust’s stock worth $35,901,000 after purchasing an additional 19,300 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Simon Property Group by 3.3% in the 4th quarter. Legal & General Group Plc now owns 3,783,976 shares of the real estate investment trust’s stock worth $700,452,000 after buying an additional 122,186 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in shares of Simon Property Group by 3.5% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 604,773 shares of the real estate investment trust’s stock worth $111,950,000 after buying an additional 20,477 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Simon Property Group by 1,329.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 468,497 shares of the real estate investment trust’s stock worth $86,723,000 after acquiring an additional 435,721 shares during the period. Finally, L & S Advisors Inc bought a new stake in shares of Simon Property Group in the fourth quarter worth $4,058,000. Institutional investors own 93.01% of the company’s stock.

Simon Property Group News Roundup

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

• Positive Sentiment: Funds from operations and revenue exceeded expectations. Simon reported second-quarter real estate FFO of $3.29 per share, above the $3.18 consensus estimate and up from $3.05 a year earlier. Revenue rose 19.5% year over year to approximately $1.8 billion, also surpassing estimates. Simon Property Q2 FFO and Revenues Top Estimates
• Positive Sentiment: Management increased its 2026 outlook. Simon raised its full-year 2026 real estate FFO guidance to approximately $13.20-$13.30 per share. The increase signals continued confidence in occupancy, rent growth and consumer traffic across its premier shopping and mixed-use properties. Simon Reports Second Quarter 2026 Results and Increases Guidance
• Neutral Sentiment: Institutional and insider activity is broadly supportive but not decisive. Recent filings showed substantially more insider purchases than sales, while large institutional investors made both significant additions and reductions to their positions. These transactions may provide a favorable sentiment signal but are not directly tied to the quarterly results.
• Neutral Sentiment: Valuation and analyst expectations may limit upside. The updated guidance range is close to the approximately $13.21 analyst consensus, and the reported median analyst price target of $215 is near the recent trading range, suggesting expectations were already elevated.
• Negative Sentiment: Reported GAAP profitability was weaker than the FFO headline. A third-party data report indicated net income attributable to common shareholders fell sharply to $57.8 million, with diluted EPS of $0.29. Although REIT investors typically emphasize FFO, the discrepancy may have prompted caution and contributed to the stock’s decline. Simon Property Group Releases Q2 2026 Earnings

Analyst Ratings Changes

SPG has been the subject of a number of recent research reports. Stifel Nicolaus boosted their price objective on shares of Simon Property Group from $185.00 to $194.00 and gave the company a “hold” rating in a research report on Tuesday, May 12th. Citigroup boosted their price target on Simon Property Group from $189.00 to $205.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Scotiabank raised their price objective on Simon Property Group from $206.00 to $220.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 18th. Wolfe Research downgraded Simon Property Group from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Simon Property Group from a “buy” rating to a “hold” rating and set a $220.00 target price for the company. in a report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, Simon Property Group presently has a consensus rating of “Hold” and an average target price of $216.14.

Insider Buying and Selling at Simon Property Group

In related news, Director Daniel C. Smith purchased 372 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The stock was purchased at an average price of $223.31 per share, with a total value of $83,071.32. Following the completion of the purchase, the director owned 34,480 shares of the company’s stock, valued at approximately $7,699,728.80. The trade was a 1.09% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Glyn Aeppel bought 243 shares of Simon Property Group stock in a transaction that occurred on Tuesday, June 30th. The stock was purchased at an average price of $223.36 per share, with a total value of $54,276.48. Following the purchase, the director directly owned 21,067 shares in the company, valued at $4,705,525.12. The trade was a 1.17% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders have purchased 2,387 shares of company stock worth $533,056. Insiders own 8.73% of the company’s stock.

Simon Property Group Trading Down 1.3%

Shares of SPG opened at $220.10 on Tuesday. The firm has a market cap of $71.38 billion, a P/E ratio of 15.30, a price-to-earnings-growth ratio of 2.88 and a beta of 1.30. The company has a debt-to-equity ratio of 4.68, a current ratio of 0.84 and a quick ratio of 0.84. Simon Property Group, Inc. has a 1 year low of $163.29 and a 1 year high of $238.50. The company has a 50 day simple moving average of $221.15 and a two-hundred day simple moving average of $205.09.

Simon Property Group (NYSE:SPG) last released its earnings results on Monday, August 10th. The real estate investment trust reported $3.29 EPS for the quarter, topping the consensus estimate of $1.64 by $1.65. The firm had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.61 billion. Simon Property Group had a net margin of 70.60% and a return on equity of 104.54%. The company’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.70 earnings per share. Simon Property Group has set its FY 2026 guidance at 13.200-13.300 EPS. On average, equities analysts expect that Simon Property Group, Inc. will post 13.21 earnings per share for the current fiscal year.

Simon Property Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders 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 of this dividend is Wednesday, September 9th. Simon Property Group’s dividend payout ratio is 62.54%.

Simon Property Group Profile

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.