Sienna Gestion Increases Holdings in Equity Residential $EQR

Sienna Gestion lifted its holdings in Equity Residential (NYSE:EQR) by 7.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 144,127 shares of the real estate investment trust’s stock after acquiring an additional 9,887 shares during the period. Sienna Gestion’s holdings in Equity Residential were worth $8,506,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Rothschild Investment LLC raised its stake in Equity Residential by 6.8% during the 2nd quarter. Rothschild Investment LLC now owns 2,841 shares of the real estate investment trust’s stock valued at $192,000 after purchasing an additional 182 shares during the period. Cetera Investment Advisers grew its holdings in Equity Residential by 0.4% during the 2nd quarter. Cetera Investment Advisers now owns 48,030 shares of the real estate investment trust’s stock valued at $3,242,000 after buying an additional 183 shares in the last quarter. CX Institutional grew its holdings in Equity Residential by 6.1% during the 3rd quarter. CX Institutional now owns 3,274 shares of the real estate investment trust’s stock valued at $212,000 after buying an additional 189 shares in the last quarter. Summitry LLC raised its position in shares of Equity Residential by 6.3% during the third quarter. Summitry LLC now owns 3,193 shares of the real estate investment trust’s stock valued at $207,000 after buying an additional 189 shares during the last quarter. Finally, Louisiana State Employees Retirement System raised its position in shares of Equity Residential by 1.1% during the third quarter. Louisiana State Employees Retirement System now owns 18,200 shares of the real estate investment trust’s stock valued at $1,178,000 after buying an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 92.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Evercore upped their target price on shares of Equity Residential from $68.00 to $69.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. Scotiabank boosted their price target on shares of Equity Residential from $66.00 to $67.00 and gave the stock a “sector perform” rating in a research note on Wednesday, March 4th. The Goldman Sachs Group increased their price objective on shares of Equity Residential from $69.00 to $71.00 and gave the company a “neutral” rating in a report on Thursday, February 12th. Morgan Stanley cut their price objective on Equity Residential from $75.00 to $73.50 and set an “equal weight” rating for the company in a research report on Thursday, November 13th. Finally, Deutsche Bank Aktiengesellschaft downgraded Equity Residential from a “buy” rating to a “hold” rating and set a $63.00 target price on the stock. in a research report on Tuesday, January 20th. Six research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $69.63.

Insider Activity

In other news, EVP Catherine Carraway sold 656 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $42,725.28. Following the completion of the sale, the executive vice president owned 18,339 shares in the company, valued at approximately $1,194,419.07. This trade represents a 3.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Robert Garechana sold 3,637 shares of Equity Residential stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $236,877.81. Following the transaction, the executive vice president directly owned 18,740 shares of the company’s stock, valued at approximately $1,220,536.20. This represents a 16.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 10,058 shares of company stock valued at $655,078. 1.00% of the stock is currently owned by company insiders.

Equity Residential Price Performance

NYSE:EQR opened at $62.78 on Monday. The firm has a market capitalization of $23.70 billion, a price-to-earnings ratio of 21.43, a PEG ratio of 4.72 and a beta of 0.75. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.31 and a quick ratio of 0.31. The business has a 50 day simple moving average of $62.55 and a 200-day simple moving average of $62.54. Equity Residential has a 1 year low of $58.38 and a 1 year high of $73.14.

Equity Residential (NYSE:EQR) last released its earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.01). Equity Residential had a net margin of 36.20% and a return on equity of 9.98%. The company had revenue of $781.91 million for the quarter, compared to the consensus estimate of $786.35 million. During the same period in the prior year, the firm posted $1.00 EPS. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS and its FY 2026 guidance at 4.020-4.140 EPS. Equities analysts forecast that Equity Residential will post 3.98 EPS for the current year.

Equity Residential Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 2nd were given a dividend of $0.6925 per share. The ex-dividend date was Friday, January 2nd. This represents a $2.77 dividend on an annualized basis and a yield of 4.4%. Equity Residential’s payout ratio is 94.54%.

About Equity Residential

Equity Residential (NYSE: EQR) is a publicly traded real estate investment trust that acquires, develops, owns and operates rental apartment properties. Headquartered in Chicago, the company focuses on delivering professionally managed, market-rate apartment homes and related services to renters. Its operations cover a range of property types, including high-rise and mid-rise assets, with amenities and on-site management designed to support resident retention and occupancy.

The company’s core activities include property acquisitions, development and redevelopment, leasing, and day-to-day property management.