ING Groep NV Has $2.82 Million Stake in Equity Residential $EQR

ING Groep NV raised its holdings in Equity Residential (NYSE:EQR) by 464.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,745 shares of the real estate investment trust’s stock after purchasing an additional 36,818 shares during the period. ING Groep NV’s holdings in Equity Residential were worth $2,821,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in Equity Residential by 2.3% in the 3rd quarter. Vanguard Group Inc. now owns 57,597,658 shares of the real estate investment trust’s stock valued at $3,728,296,000 after purchasing an additional 1,281,354 shares during the period. Norges Bank bought a new stake in Equity Residential in the 4th quarter valued at about $2,201,674,000. State Street Corp boosted its holdings in Equity Residential by 2.8% in the 3rd quarter. State Street Corp now owns 24,922,935 shares of the real estate investment trust’s stock valued at $1,630,103,000 after purchasing an additional 688,854 shares during the period. Geode Capital Management LLC boosted its holdings in Equity Residential by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 10,258,275 shares of the real estate investment trust’s stock valued at $644,412,000 after purchasing an additional 114,604 shares during the period. Finally, First Eagle Investment Management LLC boosted its holdings in Equity Residential by 0.5% in the 4th quarter. First Eagle Investment Management LLC now owns 9,242,013 shares of the real estate investment trust’s stock valued at $582,617,000 after purchasing an additional 44,127 shares during the period. Institutional investors own 92.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on EQR shares. Barclays boosted their price objective on shares of Equity Residential from $75.00 to $76.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Evercore boosted their target price on shares of Equity Residential from $70.00 to $71.00 in a research report on Monday. Bank of America upgraded shares of Equity Residential from a “neutral” rating to a “buy” rating and set a $76.00 target price for the company in a research report on Wednesday, May 27th. Wall Street Zen cut shares of Equity Residential from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Finally, Piper Sandler restated a “neutral” rating and issued a $72.00 target price (down from $78.00) on shares of Equity Residential in a research report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and thirteen have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $70.35.

Equity Residential Price Performance

Shares of NYSE:EQR opened at $67.81 on Wednesday. The firm has a 50 day moving average of $63.97 and a 200-day moving average of $62.54. The stock has a market capitalization of $25.40 billion, a PE ratio of 27.12, a PEG ratio of 5.34 and a beta of 0.75. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.77. Equity Residential has a 12 month low of $57.57 and a 12 month high of $70.21.

Equity Residential (NYSE:EQR) last issued its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.24 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.09). The firm had revenue of $779.85 million during the quarter, compared to analyst estimates of $781.79 million. Equity Residential had a net margin of 30.63% and a return on equity of 8.57%. Equity Residential’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.95 earnings per share. 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. On average, equities research analysts predict that Equity Residential will post 4.09 EPS for the current fiscal year.

Equity Residential Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Monday, March 30th were paid a $0.7025 dividend. This represents a $2.81 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, March 30th. This is a positive change from Equity Residential’s previous quarterly dividend of $0.69. Equity Residential’s payout ratio is currently 112.40%.

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.