Okta Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
The index changes include replacements for two companies whose acquisitions are expected to close soon, pending final closing conditions.
Sentiment and the balance of points
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Rhea-AI Summary
S&P Dow Jones Indices, a division of S&P Global (SPGI), will change three indexes before trading opens November 4, 2026.
Okta (OKTA) will replace Kenvue (KVUE) in the S&P 500. Glaukos (GKOS) will replace Okta in the S&P MidCap 400, while McGrath RentCorp (MGRC) will replace Glaukos in the S&P SmallCap 600. Loar Holdings (LOAR) will also join the S&P SmallCap 600, replacing LiveRamp Holdings (RAMP).
Kimberly-Clark (KMB), an S&P 500 constituent, is acquiring Kenvue. Publicis Groupe is acquiring LiveRamp. Both deals are expected to close soon, pending final closing conditions.
Key Figures
- Effective date
- Nov 4, 2026
- Index changes take effect before the market opens
AI-generated analysis. How Rhea-AI works. Not financial advice.
- S&P MidCap 400 constituent Okta Inc. (NASD: OKTA) will replace Kenvue Inc. (NYSE: KVUE) in the S&P 500, S&P SmallCap 600 constituent Glaukos Corp. (NYSE: GKOS) will replace Okta in the S&P MidCap 400, and McGrath RentCorp (NASD: MGRC) will replace Glaukos in the S&P SmallCap 600. S&P 500 constituent Kimberly-Clark (NASD: KMB) is acquiring Kenvue in a deal expected to be completed soon, pending final closing conditions.
- Loar Holdings Inc. (NYSE: LOAR) will replace LiveRamp Holdings Inc. (NYSE: RAMP) in the S&P SmallCap 600. Publicis Groupe SA (Euronext Paris: PUB) is acquiring LiveRamp Holdings in a deal expected to close soon, pending final closing conditions.
Following is a summary of the changes that will take place prior to the open of trading on the effective date:
|
Effective Date |
Index Name |
Action |
Company Name |
Ticker |
GICS Sector |
|
Nov 4, 2026 |
S&P 500 |
Addition |
Okta |
OKTA |
Information Technology |
|
Nov 4, 2026 |
S&P 500 |
Deletion |
Kenvue |
KVUE |
Consumer Staples |
|
Nov 4, 2026 |
S&P MidCap 400 |
Addition |
Glaukos |
GKOS |
Health Care |
|
Nov 4, 2026 |
S&P MidCap 400 |
Deletion |
Okta |
OKTA |
Information Technology |
|
Nov 4, 2026 |
S&P SmallCap 600 |
Addition |
McGrath RentCorp |
MGRC |
Industrials |
|
Nov 4, 2026 |
S&P SmallCap 600 |
Deletion |
Glaukos |
GKOS |
Health Care |
|
Nov 4, 2026 |
S&P SmallCap 600 |
Addition |
Loar Holdings |
LOAR |
Industrials |
|
Nov 4, 2026 |
S&P SmallCap 600 |
Deletion |
LiveRamp Holdings |
RAMP |
Information Technology |
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/.
FOR MORE INFORMATION:
S&P Dow Jones Indices
index_services@spglobal.com
Media Inquiries
spdji.comms@spglobal.com
View original content:https://www.prnewswire.com/news-releases/okta-set-to-join-sp-500-others-to-join-sp-midcap-400-and-sp-smallcap-600-302925405.html
SOURCE S&P Dow Jones Indices
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When will Okta join the S&P 500, and which company will it replace?
Okta (OKTA) will join the S&P 500 before trading opens November 4, 2026, replacing Kenvue (KVUE). Okta will leave the S&P MidCap 400, where Glaukos (GKOS) will take its place.