AG2R LA Mondiale Gestion D Actifs Purchases New Shares in Equinix, Inc. $EQIX

AG2R LA Mondiale Gestion D Actifs purchased a new stake in shares of Equinix, Inc. (NASDAQ:EQIX) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,708 shares of the financial services provider’s stock, valued at approximately $3,296,000.

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Equinix by 1.9% during the first quarter. Vanguard Group Inc. now owns 12,906,820 shares of the financial services provider’s stock valued at $10,523,576,000 after purchasing an additional 242,121 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Equinix by 22.5% during the first quarter. JPMorgan Chase & Co. now owns 1,590,568 shares of the financial services provider’s stock valued at $1,296,871,000 after purchasing an additional 291,753 shares in the last quarter. Northern Trust Corp boosted its position in shares of Equinix by 2.7% during the first quarter. Northern Trust Corp now owns 1,524,515 shares of the financial services provider’s stock valued at $1,243,013,000 after purchasing an additional 40,734 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Equinix by 1.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,333,635 shares of the financial services provider’s stock valued at $1,087,334,000 after purchasing an additional 25,290 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Equinix by 8.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,243,446 shares of the financial services provider’s stock valued at $1,013,844,000 after purchasing an additional 95,887 shares in the last quarter. 94.94% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Equinix

In other news, EVP Raouf Abdel sold 404 shares of the business’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $771.11, for a total value of $311,528.44. Following the completion of the transaction, the executive vice president owned 6,378 shares in the company, valued at $4,918,139.58. The trade was a 5.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Christopher B. Paisley sold 75 shares of the business’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $781.50, for a total value of $58,612.50. Following the completion of the transaction, the director owned 17,832 shares of the company’s stock, valued at $13,935,708. This represents a 0.42% decrease in their position. The disclosure for this sale can be found here. 0.27% of the stock is owned by insiders.

Equinix Stock Down 1.1%

EQIX stock opened at $788.61 on Friday. Equinix, Inc. has a 1-year low of $701.41 and a 1-year high of $994.03. The business has a fifty day moving average price of $779.38 and a 200-day moving average price of $823.52. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.54 and a quick ratio of 1.54. The stock has a market capitalization of $77.17 billion, a P/E ratio of 77.24, a P/E/G ratio of 1.42 and a beta of 0.92.

Equinix (NASDAQ:EQIX) last posted its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share for the quarter, topping the consensus estimate of $3.49 by $6.42. Equinix had a return on equity of 7.22% and a net margin of 11.11%.The firm had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter in the previous year, the business earned $9.22 earnings per share. The company’s revenue was up 4.5% on a year-over-year basis. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. Equities analysts forecast that Equinix, Inc. will post 33.1 earnings per share for the current fiscal year.

Equinix Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, August 20th will be paid a $4.69 dividend. The ex-dividend date is Wednesday, August 20th. This represents a $18.76 annualized dividend and a dividend yield of 2.4%. Equinix’s payout ratio is currently 183.74%.

Analyst Ratings Changes

EQIX has been the topic of several research reports. Bank of America dropped their price target on Equinix from $1,000.00 to $950.00 and set a “buy” rating on the stock in a research report on Thursday, June 26th. Cfra Research cut Equinix from a “moderate buy” rating to a “hold” rating in a research note on Thursday, July 31st. Wolfe Research cut Equinix from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 9th. Scotiabank lowered their price objective on Equinix from $1,030.00 to $965.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 26th. Finally, JMP Securities reiterated a “market outperform” rating and set a $1,200.00 price objective on shares of Equinix in a research note on Tuesday, July 22nd. Five research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $962.52.

Equinix Profile

Equinix (Nasdaq: EQIX) is the world's digital infrastructure company . Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.