Robeco Institutional Asset Management B.V. Purchases 6,451 Shares of Equinix, Inc. $EQIX

Robeco Institutional Asset Management B.V. lifted its holdings in shares of Equinix, Inc. (NASDAQ:EQIXFree Report) by 11.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,537 shares of the financial services provider’s stock after buying an additional 6,451 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Equinix were worth $48,155,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of EQIX. Activest Wealth Management boosted its holdings in shares of Equinix by 121.4% in the first quarter. Activest Wealth Management now owns 31 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 17 shares during the period. Atticus Wealth Management LLC bought a new position in Equinix in the 2nd quarter worth about $29,000. GKV Capital Management Co. Inc. purchased a new position in Equinix during the 1st quarter valued at about $30,000. Saudi Central Bank purchased a new position in Equinix during the 1st quarter valued at about $31,000. Finally, Quarry LP bought a new stake in shares of Equinix during the first quarter valued at about $31,000. 94.94% of the stock is currently owned by hedge funds and other institutional investors.

Equinix Stock Performance

Equinix stock opened at $778.74 on Friday. Equinix, Inc. has a 1-year low of $701.41 and a 1-year high of $994.03. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.29. The firm has a 50-day moving average of $782.18 and a 200-day moving average of $814.49. The firm has a market cap of $76.21 billion, a P/E ratio of 76.27, a P/E/G ratio of 1.38 and a beta of 0.92.

Equinix (NASDAQ:EQIXGet Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share for the quarter, topping analysts’ consensus estimates of $3.49 by $6.42. The firm had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.26 billion. Equinix had a return on equity of 7.22% and a net margin of 11.11%.The business’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period last year, the company earned $9.22 EPS. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. Sell-side analysts expect that Equinix, Inc. will post 33.1 EPS for the current year.

Equinix Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, August 20th were paid a dividend of $4.69 per share. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $18.76 dividend on an annualized basis and a dividend yield of 2.4%. Equinix’s payout ratio is presently 183.74%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on EQIX. Mizuho decreased their target price on shares of Equinix from $1,069.00 to $900.00 and set an “outperform” rating on the stock in a report on Tuesday, July 1st. Dbs Bank upgraded shares of Equinix to a “moderate buy” rating in a research report on Wednesday, August 6th. Barclays increased their price objective on Equinix from $798.00 to $804.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 20th. JPMorgan Chase & Co. boosted their target price on Equinix from $935.00 to $940.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Finally, Stifel Nicolaus decreased their target price on Equinix from $1,050.00 to $1,010.00 and set a “buy” rating on the stock in a research note on Thursday, June 26th. Four investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $960.65.

Read Our Latest Stock Report on EQIX

Insider Activity

In other Equinix news, Director Christopher B. Paisley sold 75 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $781.50, for a total transaction of $58,612.50. Following the transaction, the director owned 17,832 shares in the company, valued at approximately $13,935,708. This represents a 0.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Raouf Abdel sold 404 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $771.11, for a total value of $311,528.44. Following the completion of the transaction, the executive vice president owned 6,378 shares of the company’s stock, valued at approximately $4,918,139.58. The trade was a 5.96% decrease in their position. The disclosure for this sale can be found here. 0.27% of the stock is owned by insiders.

About Equinix

(Free Report)

Equinix (Nasdaq: EQIX) is the world's digital infrastructure company . Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.

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Institutional Ownership by Quarter for Equinix (NASDAQ:EQIX)

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