Corient Private Wealth LP Makes New Investment in Simon Property Group, Inc. $SPG

Posted by Francis Steltz on Aug 29th, 2026

Corient Private Wealth LP purchased a new stake in shares of Simon Property Group, Inc. (NYSE:SPG – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 92,272 shares of the real estate investment trust’s stock, valued at approximately $20,636,000.

A number of other institutional investors have also modified their holdings of SPG. Norges Bank bought a new position in shares of Simon Property Group during the 4th quarter worth approximately $1,112,111,000. Legal & General Group Plc acquired a new stake in Simon Property Group in the second quarter valued at approximately $783,974,000. Canada Pension Plan Investment Board purchased a new position in Simon Property Group in the second quarter worth $489,647,000. Caisse de depot et placement du Quebec acquired a new position in shares of Simon Property Group during the second quarter worth $143,948,000. Finally, Wellington Management Group LLP increased its position in shares of Simon Property Group by 7.7% during the fourth quarter. Wellington Management Group LLP now owns 7,939,861 shares of the real estate investment trust’s stock worth $1,469,748,000 after purchasing an additional 569,772 shares in the last quarter. 93.01% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently weighed in on SPG. Barclays raised their price objective on Simon Property Group from $213.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Monday, August 17th. LADENBURG THALM/SH SH upped their target price on Simon Property Group from $250.00 to $275.00 and gave the company a “buy” rating in a research report on Tuesday, August 11th. Weiss Ratings upgraded Simon Property Group from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Wednesday, August 12th. Mizuho raised their price target on Simon Property Group from $211.00 to $226.00 and gave the stock a “neutral” rating in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft lowered Simon Property Group from a “buy” rating to a “hold” rating and set a $220.00 price target on the stock. in a research note on Thursday, July 9th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, Simon Property Group has an average rating of “Hold” and an average price target of $225.27.

View Our Latest Report on SPG

Simon Property Group Trading Down 0.1%

NYSE:SPG opened at $214.65 on Friday. The company has a market capitalization of $69.45 billion, a P/E ratio of 15.14, a PEG ratio of 2.68 and a beta of 1.30. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 5.19. Simon Property Group, Inc. has a 12 month low of $172.19 and a 12 month high of $238.50. The firm has a fifty day simple moving average of $223.52 and a 200-day simple moving average of $207.92.

Simon Property Group (NYSE:SPG – Get Free Report) last released its earnings results on Monday, August 10th. The real estate investment trust reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.64 by ($0.15). The firm had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.61 billion. Simon Property Group had a net margin of 66.56% and a return on equity of 89.32%. Simon Property Group’s revenue was up 19.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.70 earnings per share. Simon Property Group has set its FY 2026 guidance at 13.200-13.300 EPS. On average, equities research analysts anticipate that Simon Property Group, Inc. will post 13.2 earnings per share for the current year.

Simon Property Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 9th will be issued a $2.25 dividend. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 4.2%. Simon Property Group’s dividend payout ratio is currently 63.47%.

Insiders Place Their Bets

In other news, Director Gary M. Rodkin acquired 256 shares of Simon Property Group stock in a transaction dated Tuesday, June 30th. The stock was purchased at an average cost of $223.34 per share, for a total transaction of $57,175.04. Following the completion of the purchase, the director directly owned 21,016 shares in the company, valued at $4,693,713.44. This trade represents a 1.23% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Glyn Aeppel bought 243 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The stock was purchased at an average price of $223.36 per share, for a total transaction of $54,276.48. Following the transaction, the director owned 21,067 shares of the company’s stock, valued at $4,705,525.12. The trade was a 1.17% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders acquired 2,387 shares of company stock valued at $533,056. Insiders own 8.73% of the company’s stock.

Simon Property Group Profile

(Free Report)

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.