Aberdeen Group plc Has $185.62 Million Holdings in Equinix, Inc. $EQIX

Aberdeen Group plc lifted its holdings in shares of Equinix, Inc. (NASDAQ:EQIX) by 0.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 236,669 shares of the financial services provider’s stock after purchasing an additional 1,892 shares during the period. Aberdeen Group plc’s holdings in Equinix were worth $185,623,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Activest Wealth Management lifted its holdings in shares of Equinix by 121.4% during the first quarter. Activest Wealth Management now owns 31 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 17 shares during the period. Atticus Wealth Management LLC acquired a new position in shares of Equinix during the second quarter worth $29,000. GKV Capital Management Co. Inc. acquired a new position in shares of Equinix during the first quarter worth $30,000. Saudi Central Bank acquired a new position in shares of Equinix during the first quarter worth $31,000. Finally, Quarry LP acquired a new position in shares of Equinix during the first quarter worth $31,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Equinix Trading Down 1.0%

EQIX opened at $800.60 on Friday. Equinix, Inc. has a 1-year low of $701.41 and a 1-year high of $994.03. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.29. The company has a market cap of $78.35 billion, a P/E ratio of 78.41, a price-to-earnings-growth ratio of 1.40 and a beta of 0.92. The company has a fifty day moving average price of $782.79 and a two-hundred day moving average price of $812.79.

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, beating the consensus estimate of $3.49 by $6.42. Equinix had a net margin of 11.11% and a return on equity of 7.22%. The firm had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the previous year, the firm posted $9.22 earnings per share. The business’s revenue was up 4.5% compared to the same quarter last year. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. Analysts predict that Equinix, Inc. will post 33.1 EPS for the current fiscal year.

Equinix Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, August 20th were paid a $4.69 dividend. This represents a $18.76 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Wednesday, August 20th. Equinix’s payout ratio is 183.74%.

Analyst Ratings Changes

A number of brokerages recently weighed in on EQIX. Mizuho lowered their target price on shares of Equinix from $1,069.00 to $900.00 and set an “outperform” rating for the company in a research note on Tuesday, July 1st. JPMorgan Chase & Co. lifted their target price on shares of Equinix from $935.00 to $940.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. The Goldman Sachs Group lowered their target price on shares of Equinix from $1,020.00 to $880.00 and set a “buy” rating for the company in a research note on Wednesday, July 2nd. JMP Securities reissued a “market outperform” rating and set a $1,200.00 target price on shares of Equinix in a research note on Tuesday, July 22nd. Finally, Bank of America lowered their target price on shares of Equinix from $1,000.00 to $950.00 and set a “buy” rating for the company in a research note on Thursday, June 26th. Four investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Equinix currently has a consensus rating of “Moderate Buy” and an average price target of $960.65.

Insider Buying and Selling at Equinix

In other news, Director Christopher B. Paisley sold 75 shares of the business’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $781.50, for a total transaction of $58,612.50. Following the completion of the sale, the director directly owned 17,832 shares of the company’s stock, valued at $13,935,708. The trade was a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Raouf Abdel sold 404 shares of the business’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $771.11, for a total transaction of $311,528.44. Following the sale, the executive vice president directly owned 6,378 shares of the company’s stock, valued at approximately $4,918,139.58. The trade was a 5.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.27% of the company’s stock.

About Equinix

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.