OneDigital Investment Advisors LLC Makes New Investment in Essex Property Trust, Inc. $ESS

OneDigital Investment Advisors LLC bought a new stake in shares of Essex Property Trust, Inc. (NYSE:ESS) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 3,444 shares of the real estate investment trust’s stock, valued at approximately $1,004,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Geode Capital Management LLC lifted its stake in Essex Property Trust by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 1,873,698 shares of the real estate investment trust’s stock valued at $488,601,000 after buying an additional 22,835 shares during the period. Principal Financial Group Inc. boosted its holdings in Essex Property Trust by 21.9% during the fourth quarter. Principal Financial Group Inc. now owns 1,679,607 shares of the real estate investment trust’s stock worth $439,520,000 after buying an additional 301,349 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Essex Property Trust by 9.5% in the 3rd quarter. Daiwa Securities Group Inc. now owns 1,157,617 shares of the real estate investment trust’s stock valued at $309,848,000 after acquiring an additional 100,730 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Essex Property Trust by 6.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 995,810 shares of the real estate investment trust’s stock valued at $240,989,000 after acquiring an additional 57,173 shares during the last quarter. Finally, Morgan Stanley increased its stake in shares of Essex Property Trust by 31.3% in the 4th quarter. Morgan Stanley now owns 958,090 shares of the real estate investment trust’s stock valued at $250,714,000 after acquiring an additional 228,165 shares during the last quarter. Institutional investors own 96.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Wall Street Zen lowered shares of Essex Property Trust from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. Citigroup upgraded shares of Essex Property Trust from a “buy” rating to an “outperform” rating in a report on Friday, July 31st. Jefferies Financial Group raised shares of Essex Property Trust to a “strong-buy” rating in a report on Wednesday, July 22nd. UBS Group set a $290.00 price objective on Essex Property Trust in a research note on Thursday, June 18th. Finally, Mizuho boosted their target price on Essex Property Trust from $285.00 to $308.00 and gave the company an “outperform” rating in a research note on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Essex Property Trust has an average rating of “Moderate Buy” and a consensus price target of $305.04.

Insider Transactions at Essex Property Trust

In related news, Director Mary Kasaris sold 600 shares of Essex Property Trust stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $279.45, for a total value of $167,670.00. Following the sale, the director owned 2,394 shares of the company’s stock, valued at approximately $669,003.30. This trade represents a 20.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 3.47% of the company’s stock.

Essex Property Trust Price Performance

Shares of NYSE ESS opened at $283.41 on Tuesday. The company has a fifty day moving average price of $288.40 and a 200 day moving average price of $268.72. The firm has a market cap of $18.21 billion, a PE ratio of 44.08, a PEG ratio of 10.54 and a beta of 0.69. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 1.22. Essex Property Trust, Inc. has a 1-year low of $238.46 and a 1-year high of $303.35.

Essex Property Trust (NYSE:ESS) last released its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $4.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $2.62. The firm had revenue of $489.05 million for the quarter, compared to the consensus estimate of $485.12 million. Essex Property Trust had a return on equity of 7.33% and a net margin of 21.48%.During the same quarter last year, the business posted $4.03 EPS. Essex Property Trust has set its Q3 2026 guidance at 3.930-4.050 EPS and its FY 2026 guidance at 16.030-16.250 EPS. Research analysts predict that Essex Property Trust, Inc. will post 16.15 earnings per share for the current fiscal year.

Essex Property Trust Profile

Essex Property Trust, Inc (NYSE: ESS) is a publicly traded real estate investment trust that acquires, develops, owns and operates multifamily residential properties. The company focuses on market-rate apartment communities and delivers a full suite of property services including leasing, resident services, asset management, and capital improvement programs designed to preserve and enhance long‑term property values.

Essex concentrates its portfolio in West Coast markets, with a significant presence in California and the Pacific Northwest.