Ranch Capital Advisors Inc. Raises Stock Position in Equinix, Inc. $EQIX

Ranch Capital Advisors Inc. lifted its position in Equinix, Inc. (NASDAQ:EQIX) by 5.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 399 shares of the financial services provider’s stock after buying an additional 22 shares during the period. Ranch Capital Advisors Inc.’s holdings in Equinix were worth $317,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of EQIX. Cornerstone Planning Group LLC increased its stake in Equinix by 40.0% during the first quarter. Cornerstone Planning Group LLC now owns 42 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 12 shares during the period. Signaturefd LLC raised its position in Equinix by 0.8% in the 1st quarter. Signaturefd LLC now owns 1,450 shares of the financial services provider’s stock valued at $1,182,000 after purchasing an additional 12 shares during the last quarter. AE Wealth Management LLC grew its stake in Equinix by 5.1% in the first quarter. AE Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $202,000 after acquiring an additional 12 shares during the period. Gitterman Wealth Management LLC increased its stake in shares of Equinix by 5.0% during the first quarter. Gitterman Wealth Management LLC now owns 250 shares of the financial services provider’s stock worth $206,000 after purchasing an additional 12 shares during the period. Finally, Quent Capital LLC raised its position in Equinix by 4.8% during the 2nd quarter. Quent Capital LLC now owns 286 shares of the financial services provider’s stock worth $228,000 after purchasing an additional 13 shares during the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Wall Street Analysts Forecast Growth

EQIX has been the subject of several analyst reports. JPMorgan Chase & Co. raised their price target on shares of Equinix from $935.00 to $940.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. UBS Group reduced their price target on shares of Equinix from $1,035.00 to $950.00 and set a “buy” rating for the company in a research report on Friday, July 11th. Daiwa Capital Markets set a $917.00 price target on shares of Equinix and gave the company an “outperform” rating in a research report on Wednesday. Morgan Stanley initiated coverage on shares of Equinix in a research report on Thursday, October 16th. They set an “overweight” rating and a $950.00 price target for the company. Finally, Cfra Research downgraded shares of Equinix from a “moderate buy” rating to a “hold” rating in a research report on Thursday, July 31st. Five research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $957.38.

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 value of $58,612.50. Following the sale, the director directly owned 17,832 shares in the company, valued at $13,935,708. The trade was a 0.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Raouf Abdel sold 404 shares of the firm’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 completion of 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 position. The disclosure for this sale can be found here. 0.27% of the stock is owned by insiders.

Equinix Trading Up 0.9%

Shares of Equinix stock opened at $839.49 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.54 and a quick ratio of 1.54. Equinix, Inc. has a 1-year low of $701.41 and a 1-year high of $994.03. The company’s fifty day simple moving average is $791.39 and its 200-day simple moving average is $814.46. The stock has a market capitalization of $82.15 billion, a PE ratio of 82.22, a P/E/G ratio of 1.44 and a beta of 0.92.

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

Equinix Announces Dividend

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. The ex-dividend date was Wednesday, August 20th. This represents a $18.76 annualized dividend and a yield of 2.2%. Equinix’s payout ratio is presently 183.74%.

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.