Simon Property Group, Inc. $SPG Stake Raised by Chicago Partners Investment Group LLC

Key Points

• Chicago Partners Investment Group increased its Simon Property Group stake by 435.9% in Q3, adding 14,764 shares to hold 18,151 shares valued at $3.84 million.
• Simon reported quarterly revenue of $1.81 billion, up 13.3% year over year, and set 2026 guidance at $13.30–$13.40 per share. It also raised its quarterly dividend from $2.25 to $2.30, equivalent to a 4.1% yield.
• Analyst opinion was mostly cautious: nine analysts rated SPG a Buy and 13 a Hold, for an overall Hold rating and a consensus price target of $228.67.

Chicago Partners Investment Group LLC increased its holdings in Simon Property Group, Inc. (NYSE:SPG - Free Report) by 435.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,151 shares of the real estate investment trust's stock after purchasing an additional 14,764 shares during the period. Chicago Partners Investment Group LLC's holdings in Simon Property Group were worth $3,841,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. 3Chopt Investment Partners LLC lifted its position in Simon Property Group by 39.3% during the third quarter. 3Chopt Investment Partners LLC now owns 1,291 shares of the real estate investment trust's stock worth $259,000 after buying an additional 364 shares during the period. Rakuten Investment Management Inc. grew its holdings in Simon Property Group by 9.5% in the 3rd quarter. Rakuten Investment Management Inc. now owns 58,122 shares of the real estate investment trust's stock valued at $11,873,000 after buying an additional 5,050 shares during the period. Provenance Wealth Advisors LLC grew its holdings in Simon Property Group by 7,950.0% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 322 shares of the real estate investment trust's stock valued at $65,000 after buying an additional 318 shares during the period. Integrity Alliance LLC. purchased a new stake in Simon Property Group in the 3rd quarter valued at about $989,000. Finally, Certified Advisory Corp acquired a new position in shares of Simon Property Group during the 3rd quarter valued at about $201,000. Hedge funds and other institutional investors own 93.01% of the company's stock.

Simon Property Group Stock Performance

NYSE SPG opened at $227.00 on Friday. The firm has a market capitalization of $73.45 billion, a P/E ratio of 16.01, a P/E/G ratio of 3.52 and a beta of 1.27. Simon Property Group, Inc. has a 1-year low of $177.88 and a 1-year high of $238.50. The company has a debt-to-equity ratio of 5.19, a current ratio of 1.05 and a quick ratio of 1.05. The business's 50-day simple moving average is $207.69 and its 200-day simple moving average is $206.54.

Simon Property Group (NYSE:SPG - Get Free Report) last posted its earnings results on Thursday, November 5th. The real estate investment trust reported $3.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.69 by $1.68. Simon Property Group had a net margin of 66.56% and a return on equity of 89.32%. The firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the company earned $3.22 EPS. The company's revenue was up 13.3% on a year-over-year basis. Simon Property Group has set its FY 2026 guidance at 13.300-13.400 EPS. Equities analysts predict that Simon Property Group, Inc. will post 13.24 EPS for the current year.

Simon Property Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Thursday, December 10th will be paid a $2.30 dividend. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $9.20 dividend on an annualized basis and a dividend yield of 4.1%. This is a boost from Simon Property Group's previous quarterly dividend of $2.25. Simon Property Group's payout ratio is 63.47%.

Insiders Place Their Bets

In other Simon Property Group news, Director Reuben S. Leibowitz purchased 480 shares of the firm's stock in a transaction that occurred on Wednesday, September 30th. The stock was purchased at an average cost of $202.78 per share, with a total value of $97,334.40. Following the transaction, the director owned 56,277 shares in the company, valued at approximately $11,411,850.06. This trade represents a 0.86% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Gary M. Rodkin purchased 232 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was bought at an average price of $202.78 per share, with a total value of $47,044.96. Following the completion of the acquisition, the director owned 21,248 shares in the company, valued at $4,308,669.44. This represents a 1.10% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have bought 1,668 shares of company stock worth $338,237. 8.73% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on SPG. JPMorgan Chase & Co. decreased their target price on shares of Simon Property Group from $231.00 to $223.00 and set a "neutral" rating on the stock in a research report on Thursday, September 10th. Stifel Nicolaus upped their price target on shares of Simon Property Group from $194.00 to $209.00 and gave the stock a "hold" rating in a research report on Tuesday, August 11th. Evercore increased their price target on shares of Simon Property Group from $213.00 to $216.00 in a research note on Wednesday, October 28th. BMO Capital Markets lifted their price target on shares of Simon Property Group from $230.00 to $250.00 and gave the company a "market perform" rating in a report on Monday, August 17th. Finally, UBS Group lowered their price objective on shares of Simon Property Group from $222.00 to $205.00 and set a "neutral" rating for the company in a research note on Friday, October 9th. Nine investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $228.67.

More Simon Property Group News

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

• Positive Sentiment: Simon raised its 2026 real-estate FFO guidance to $13.30–$13.40 per share, above the prior consensus cited in the reports, and increased its quarterly dividend. Simon Q3 results, guidance and dividend announcement
• Positive Sentiment: Revenue was $1.81 billion, ahead of the $1.63 billion estimate cited in the earnings report and up 13.3% year over year, signaling continued operating growth. Simon Property Group Q3 earnings report
• Neutral Sentiment: FFO estimates differ across reports: Zacks said FFO of $3.37 per share topped its $3.32 consensus, while a MarketScreener flash cited $3.09 versus FactSet’s $3.31 estimate. That discrepancy makes the quarter’s FFO performance less uniformly positive. Zacks Q3 FFO report
• Neutral Sentiment: Simon refinanced Colorado Mills mall with a $93 million loan. The transaction provides financing for the property, but the report offered no clear indication of a material near-term earnings impact. Colorado Mills refinancing report

Simon Property Group Profile

Simon Property Group, Inc is a self-administered and self-managed real estate investment trust that owns, develops, and operates premier shopping, dining, entertainment, and mixed-use destinations. Its portfolio includes regional malls, premium outlet centers, and other retail properties designed to serve both local shoppers and visitors.

The company's properties feature a broad mix of retailers, restaurants, entertainment venues, and experiential offerings. Simon also provides property management, leasing, development, redevelopment, and marketing services associated with its real estate portfolio.

Simon Property Group was formed in 1993 through the combination of the retail real estate interests of the Simon and DeBartolo families.

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