First Eagle Investment Management LLC Purchases 44,127 Shares of Equity Residential $EQR

First Eagle Investment Management LLC grew its position in Equity Residential (NYSE:EQR) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,242,013 shares of the real estate investment trust’s stock after purchasing an additional 44,127 shares during the period. First Eagle Investment Management LLC’s holdings in Equity Residential were worth $582,617,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Collier Financial bought a new stake in shares of Equity Residential in the third quarter valued at about $26,000. Fulcrum Asset Management LLP bought a new stake in shares of Equity Residential in the third quarter valued at about $27,000. Rosenberg Matthew Hamilton lifted its holdings in shares of Equity Residential by 69.2% in the fourth quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 180 shares in the last quarter. Harvest Fund Management Co. Ltd bought a new stake in shares of Equity Residential in the third quarter valued at about $31,000. Finally, Hantz Financial Services Inc. lifted its holdings in shares of Equity Residential by 434.7% in the third quarter. Hantz Financial Services Inc. now owns 540 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 439 shares in the last quarter. 92.68% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on EQR shares. Mizuho boosted their price target on Equity Residential from $65.00 to $66.00 and gave the company a “neutral” rating in a report on Friday, March 6th. Wells Fargo & Company boosted their price target on Equity Residential from $62.00 to $64.00 and gave the company an “equal weight” rating in a report on Thursday, April 23rd. Cantor Fitzgerald boosted their price target on Equity Residential from $64.00 to $66.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Royal Bank Of Canada upped their target price on Equity Residential from $67.00 to $69.00 and gave the stock an “outperform” rating in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. upped their target price on Equity Residential from $71.00 to $72.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $69.91.

Equity Residential Stock Performance

EQR opened at $66.19 on Tuesday. Equity Residential has a 52-week low of $57.57 and a 52-week high of $71.80. The firm has a market capitalization of $24.80 billion, a PE ratio of 26.48, a PEG ratio of 5.20 and a beta of 0.76. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.18 and a current ratio of 0.18. The business’s 50-day simple moving average is $61.63 and its 200 day simple moving average is $61.66.

Equity Residential (NYSE:EQR) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.09). Equity Residential had a return on equity of 8.57% and a net margin of 30.63%.The company had revenue of $779.85 million for the quarter, compared to the consensus estimate of $781.79 million. During the same quarter in the previous year, the company posted $0.95 EPS. The business’s revenue was up 2.5% on a year-over-year basis. Equity Residential has set its FY 2026 guidance at 4.020-4.140 EPS and its Q2 2026 guidance at 0.980-1.020 EPS. As a group, sell-side analysts expect that Equity Residential will post 4.09 earnings per share for the current fiscal year.

Equity Residential Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Monday, March 30th were issued a dividend of $0.7025 per share. The ex-dividend date was Monday, March 30th. This is a boost from Equity Residential’s previous quarterly dividend of $0.69. This represents a $2.81 annualized dividend and a yield of 4.2%. Equity Residential’s dividend payout ratio is currently 112.40%.

Equity Residential Profile

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.