Peggy Roe Buys Shares of Simon Property Group

Peggy Roe, an insider, bought 89 shares of Simon Property Group, Inc. at an average price of $223.15 per share on June 30, 2026. The total value of this transaction was $19,860.75.

Insider Buying and Selling at Simon Property Group, Inc.

On June 30, 2026, several insiders at Simon Property Group, Inc. made stock purchases. Jones Nina bought 43 shares at $223.16 per share, while Cicco Martin acquired 15 shares at $223.17 each. Glasscock Larry purchased 397 shares at $223.38 per share, and Stewart Marta bought 182 shares at $223.16 each. Peggy Roe also made a purchase of 89 shares at $223.15 per share. Lastly, Smith Daniel acquired 372 shares at $223.31 each. None of these transactions were part of a pre-planned trading program.

Other Institutional Activity in Simon Property Group

Several institutional investors adjusted their positions in Simon Property Group recently. BlackRock, Inc. reduced its holdings by 443,741 shares, leaving it with 36,813,649 shares valued at approximately $6.87 billion, a 1.2% decrease. Vanguard Portfolio Management LLC opened a new position with 23,098,132 shares worth roughly $4.31 billion. State Street Corp trimmed its stake by 554,345 shares, holding 20,931,309 shares valued at $3.90 billion, marking a 2.6% decrease. Meanwhile, Geode Capital Management, LLC increased its stake by 253,036 shares to a total of 10,825,713 shares valued at about $2.01 billion, reflecting a 2.4% increase. Wellington Management Group LLP added 1,207,755 shares, bringing its total to 9,147,616 shares worth $1.71 billion, a 15.2% increase.

Simon Property Group, Inc. Stock Up 4.2%

Shares of NYSE:SPG traded near $223.65 on Wednesday. The company, with a market capitalization of approximately $72.5 billion, has a P/E ratio of 15.55 and a forward P/E of 33.18. The stock's 52-week range is between $159.33 and $228.58, with a 50-day moving average of $207.52 and a 200-day moving average of $191.79. Simon Property Group's beta is 1.35, indicating it is more volatile than the market. The company has a current ratio of 0.196 and a debt-to-equity ratio of 457.47.

Recent Earnings

In its recent financial results, Simon Property Group reported revenue of $6.65 billion, reflecting a growth rate of 19.3%. The company achieved an earnings per share (EPS) of $14.38, with a net margin of 70.6% and a return on equity (ROE) of 113.6%. The next earnings report is expected on August 3, 2026.

Dividend

Simon Property Group pays an annual dividend rate of $8.80 per share, offering a yield of 3.93%. The company's dividend payout ratio stands at 60.15%.

Analysts Set New Price Targets

On June 29, 2026, B of A Securities maintained a "buy" rating for Simon Property Group with a price target of $236. Barclays, on June 25, 2026, and Truist Securities, on June 23, 2026, both maintained "hold" ratings with price targets of $213 and $215, respectively. The consensus among 20 analysts is a "buy" rating, with a mean price target of $218.75.

About Simon Property Group

Simon Property Group, Inc. is a leading real estate investment trust (REIT) based in Indianapolis, Indiana. The company is involved in owning, developing, and managing premier shopping, dining, and entertainment destinations, including malls and outlets across North America, Asia, and Europe. With a robust portfolio of 229 properties, Simon Property Group employs around 3,100 people and is led by CEO Eli M. Simon.

Bottom Line

Peggy Roe's recent purchase of Simon Property Group shares is part of a series of insider transactions, highlighting ongoing interest in the company's stock. Investors keep a close eye on Simon Property Group due to its significant market presence and strong financial performance. As always, it's important to remember that insider transactions and 13F filings are backward-looking and may not reflect current positions.