Capital International Inc. CA Purchases 41,560 Shares of Simon Property Group, Inc. $SPG

Key Points

• Capital International Inc. CA raised its stake in Simon Property Group by 127.8% in Q3, adding 41,560 shares to hold 74,085 shares valued at about $13.9 million.
• The company’s board approved a $2.0 billion share repurchase program (up to 3.1% of shares) and declared a quarterly dividend of $2.20 ($8.80 annualized), implying roughly a 4.6% yield.
• Simon posted quarterly results that beat estimates (EPS $3.49 vs. $3.47 consensus; revenue $1.79B vs. $1.50B) and issued FY2026 guidance of $13.00–$13.25 EPS.

Capital International Inc. CA raised its position in Simon Property Group, Inc. (NYSE:SPG - Free Report) by 127.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 74,085 shares of the real estate investment trust's stock after acquiring an additional 41,560 shares during the period. Capital International Inc. CA's holdings in Simon Property Group were worth $13,904,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC purchased a new position in Simon Property Group during the 4th quarter worth $295,000. Savant Capital LLC raised its stake in Simon Property Group by 96.8% in the second quarter. Savant Capital LLC now owns 9,077 shares of the real estate investment trust's stock valued at $1,459,000 after buying an additional 4,464 shares during the last quarter. Wedbush Securities Inc. boosted its holdings in Simon Property Group by 5.0% in the second quarter. Wedbush Securities Inc. now owns 4,791 shares of the real estate investment trust's stock worth $770,000 after acquiring an additional 226 shares in the last quarter. AE Wealth Management LLC grew its stake in shares of Simon Property Group by 84.5% during the second quarter. AE Wealth Management LLC now owns 2,576 shares of the real estate investment trust's stock worth $414,000 after acquiring an additional 1,180 shares during the last quarter. Finally, Summit Investment Advisors Inc. grew its stake in shares of Simon Property Group by 6.3% during the first quarter. Summit Investment Advisors Inc. now owns 3,388 shares of the real estate investment trust's stock worth $563,000 after acquiring an additional 200 shares during the last quarter. 93.01% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Simon Property Group news, Director Gary M. Rodkin bought 226 shares of Simon Property Group stock in a transaction dated Wednesday, December 31st. The stock was acquired at an average cost of $186.00 per share, with a total value of $42,036.00. Following the purchase, the director directly owned 19,455 shares in the company, valued at $3,618,630. This represents a 1.18% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Stefan M. Selig purchased 201 shares of the company's stock in a transaction that occurred on Wednesday, December 31st. The stock was bought at an average cost of $186.00 per share, for a total transaction of $37,386.00. Following the purchase, the director directly owned 32,277 shares in the company, valued at $6,003,522. This trade represents a 0.63% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders bought 2,192 shares of company stock valued at $407,712. 8.60% of the stock is owned by insiders.

Simon Property Group Trading Down 0.5%

Shares of Simon Property Group stock opened at $191.86 on Wednesday. The firm has a 50-day simple moving average of $192.08 and a two-hundred day simple moving average of $185.39. The company has a debt-to-equity ratio of 4.42, a quick ratio of 0.90 and a current ratio of 0.90. Simon Property Group, Inc. has a fifty-two week low of $136.34 and a fifty-two week high of $205.12. The company has a market cap of $62.34 billion, a P/E ratio of 13.53, a price-to-earnings-growth ratio of 6.35 and a beta of 1.36.

Simon Property Group (NYSE:SPG - Get Free Report) last posted its earnings results on Monday, February 2nd. The real estate investment trust reported $3.49 EPS for the quarter, beating analysts' consensus estimates of $3.47 by $0.02. The firm had revenue of $1.79 billion for the quarter, compared to analysts' expectations of $1.50 billion. Simon Property Group had a return on equity of 124.12% and a net margin of 72.71%.The company's quarterly revenue was up 13.2% on a year-over-year basis. During the same period last year, the firm earned $3.68 EPS. Simon Property Group has set its FY 2026 guidance at 13.000-13.250 EPS. As a group, equities analysts predict that Simon Property Group, Inc. will post 12.54 earnings per share for the current fiscal year.

Simon Property Group announced that its board has approved a share repurchase program on Thursday, February 5th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the real estate investment trust to reacquire up to 3.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

Simon Property Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be given a $2.20 dividend. The ex-dividend date is Tuesday, March 10th. This represents a $8.80 dividend on an annualized basis and a dividend yield of 4.6%. Simon Property Group's payout ratio is 62.06%.

Analyst Ratings Changes

SPG has been the subject of several research analyst reports. Morgan Stanley set a $205.00 price objective on shares of Simon Property Group in a research report on Friday, January 16th. Stifel Nicolaus upped their price target on shares of Simon Property Group from $184.00 to $185.00 and gave the company a "hold" rating in a research note on Tuesday, February 3rd. Mizuho set a $192.00 price target on shares of Simon Property Group in a report on Friday, January 9th. JPMorgan Chase & Co. lifted their price objective on shares of Simon Property Group from $198.00 to $210.00 and gave the stock a "neutral" rating in a research note on Friday, February 6th. Finally, Citigroup boosted their price objective on shares of Simon Property Group from $185.00 to $189.00 and gave the company a "neutral" rating in a report on Thursday, February 5th. Five equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $199.36.

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.

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