Equinix, Inc. $EQIX Position Lifted by Presima Securities ULC

Presima Securities ULC raised its holdings in shares of Equinix, Inc. (NASDAQ:EQIX) by 14.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,112 shares of the financial services provider’s stock after acquiring an additional 6,752 shares during the quarter. Equinix makes up 9.5% of Presima Securities ULC’s portfolio, making the stock its largest holding. Presima Securities ULC owned 0.05% of Equinix worth $41,454,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Activest Wealth Management boosted its stake in shares of Equinix by 121.4% during the 1st quarter. Activest Wealth Management now owns 31 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 17 shares during the last quarter. Bank of Jackson Hole Trust boosted its stake in shares of Equinix by 70.0% during the 2nd quarter. Bank of Jackson Hole Trust now owns 34 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 14 shares during the last quarter. GKV Capital Management Co. Inc. purchased a new position in shares of Equinix during the 1st quarter worth $30,000. Atticus Wealth Management LLC purchased a new position in shares of Equinix during the 2nd quarter worth $29,000. Finally, Saudi Central Bank purchased a new position in shares of Equinix during the 1st quarter worth $31,000. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Insider Transactions at Equinix

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

Equinix Stock Performance

Shares of NASDAQ EQIX opened at $846.01 on Friday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.54 and a current ratio of 1.54. The company has a market cap of $82.79 billion, a P/E ratio of 77.47, a P/E/G ratio of 1.38 and a beta of 0.92. The firm’s fifty day moving average is $796.54 and its two-hundred day moving average is $816.43. Equinix, Inc. has a 52-week low of $701.41 and a 52-week high of $994.03.

Equinix (NASDAQ:EQIX) last announced its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $9.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.27 by $0.56. Equinix had a net margin of 11.82% and a return on equity of 7.74%. The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.33 billion. During the same period in the previous year, the firm posted $9.05 EPS. Equinix’s revenue for the quarter was up 5.2% compared to the same quarter last year. Equinix has set its Q4 2025 guidance at EPS. FY 2025 guidance at 37.950-38.77 EPS. As a group, analysts anticipate that Equinix, Inc. will post 33.1 EPS for the current fiscal year.

Equinix Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 19th will be issued a $4.69 dividend. The ex-dividend date is Wednesday, November 19th. This represents a $18.76 dividend on an annualized basis and a dividend yield of 2.2%. Equinix’s payout ratio is 183.74%.

Wall Street Analyst Weigh In

Several analysts have recently commented on EQIX shares. Truist Financial raised their price objective on shares of Equinix from $904.00 to $961.00 and gave the company a “buy” rating in a research report on Thursday, August 7th. JMP Securities restated a “market outperform” rating and set a $1,200.00 price objective on shares of Equinix in a research report on Tuesday, July 22nd. Dbs Bank upgraded shares of Equinix to a “moderate buy” rating in a research report on Wednesday, August 6th. Morgan Stanley assumed coverage on shares of Equinix in a research report on Thursday, October 16th. They set an “overweight” rating and a $950.00 price objective on the stock. Finally, BMO Capital Markets set a $900.00 price target on shares of Equinix and gave the company a “market perform” rating in a report on Thursday. Five investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $960.76.

Equinix Company 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.