Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Equity Residential (NYSE:EQR – Free Report) by 23.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 252,303 shares of the real estate investment trust’s stock after purchasing an additional 47,895 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Equity Residential were worth $14,924,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of EQR. Insigneo Advisory Services LLC raised its stake in shares of Equity Residential by 4.9% during the fourth quarter. Insigneo Advisory Services LLC now owns 3,543 shares of the real estate investment trust’s stock worth $223,000 after purchasing an additional 165 shares during the last quarter. Rosenberg Matthew Hamilton grew its position in Equity Residential by 69.2% in the 4th quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 180 shares during the last quarter. Leonteq Securities AG grew its position in Equity Residential by 48.8% in the 1st quarter. Leonteq Securities AG now owns 549 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 180 shares during the last quarter. Frank Rimerman Advisors LLC increased its stake in Equity Residential by 4.2% in the 1st quarter. Frank Rimerman Advisors LLC now owns 4,990 shares of the real estate investment trust’s stock valued at $295,000 after buying an additional 201 shares during the period. Finally, Empowered Funds LLC increased its stake in Equity Residential by 2.3% in the 4th quarter. Empowered Funds LLC now owns 9,165 shares of the real estate investment trust’s stock valued at $571,000 after buying an additional 204 shares during the period. 92.68% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms have recently commented on EQR. Wall Street Zen cut shares of Equity Residential from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. BMO Capital Markets boosted their price target on shares of Equity Residential from $68.00 to $75.00 and gave the stock a “market perform” rating in a research note on Monday, June 8th. Weiss Ratings raised shares of Equity Residential from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, July 1st. JPMorgan Chase & Co. increased their price target on shares of Equity Residential from $71.00 to $72.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Finally, Cantor Fitzgerald raised their price objective on shares of Equity Residential from $64.00 to $66.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. One equities research 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’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $70.80.
Equity Residential Price Performance
EQR stock opened at $69.68 on Tuesday. The stock has a market capitalization of $26.12 billion, a price-to-earnings ratio of 27.87, a price-to-earnings-growth ratio of 5.45 and a beta of 0.74. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.77. Equity Residential has a 52-week low of $57.57 and a 52-week high of $71.50. The stock’s fifty day simple moving average is $66.78 and its 200-day simple moving average is $63.58.
Equity Residential (NYSE:EQR – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.09). The company had revenue of $779.85 million for the quarter, compared to analysts’ expectations of $781.79 million. Equity Residential had a return on equity of 8.57% and a net margin of 30.63%.The company’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $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. Equities research analysts expect that Equity Residential will post 4.09 EPS for the current year.
Equity Residential Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 29th were given a dividend of $0.7025 per share. This represents a $2.81 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Monday, June 29th. Equity Residential’s dividend payout ratio is 112.40%.
Equity Residential Company 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.
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