Equinix, Inc. $EQIX Position Increased by Alpine Woods Capital Investors LLC

Alpine Woods Capital Investors LLC grew its position in Equinix, Inc. (NASDAQ:EQIX) by 19.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,233 shares of the financial services provider’s stock after acquiring an additional 1,648 shares during the period. Equinix comprises 1.9% of Alpine Woods Capital Investors LLC’s portfolio, making the stock its 10th largest holding. Alpine Woods Capital Investors LLC’s holdings in Equinix were worth $8,140,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Activest Wealth Management boosted its holdings in Equinix by 121.4% during the first quarter. Activest Wealth Management now owns 31 shares of the financial services provider’s stock worth $25,000 after buying an additional 17 shares in the last quarter. Atticus Wealth Management LLC purchased a new stake in Equinix during the second quarter worth about $29,000. GKV Capital Management Co. Inc. purchased a new stake in Equinix during the first quarter worth about $30,000. Saudi Central Bank purchased a new stake in Equinix during the first quarter worth about $31,000. Finally, Quarry LP purchased a new stake in Equinix during the first quarter worth about $31,000. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Insider Activity at Equinix

In related news, Director Christopher B. Paisley sold 75 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The shares were 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 of the company’s stock, valued at approximately $13,935,708. This represents a 0.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Raouf Abdel sold 404 shares of the company’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 transaction of $311,528.44. Following the transaction, the executive vice president directly owned 6,378 shares in the company, valued at $4,918,139.58. The trade was a 5.96% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.27% of the company’s stock.

Equinix Stock Up 0.7%

Shares of NASDAQ EQIX opened at $806.29 on Tuesday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.54 and a quick ratio of 1.54. The company has a market capitalization of $78.90 billion, a PE ratio of 78.97, a price-to-earnings-growth ratio of 1.38 and a beta of 0.92. The firm’s 50-day moving average is $783.35 and its two-hundred day moving average is $812.60. Equinix, Inc. has a 12-month low of $701.41 and a 12-month high of $994.03.

Equinix (NASDAQ:EQIX) last announced its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.49 by $6.42. The business had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.26 billion. Equinix had a net margin of 11.11% and a return on equity of 7.22%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $9.22 earnings per share. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. Equities analysts anticipate that Equinix, Inc. will post 33.1 EPS for the current fiscal year.

Equinix Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Investors 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 annualized dividend and a dividend yield of 2.3%. Equinix’s dividend payout ratio is presently 183.74%.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Mizuho decreased their price objective 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. Wells Fargo & Company decreased their price objective on shares of Equinix from $1,065.00 to $925.00 and set an “overweight” rating on the stock in a report on Thursday, June 26th. Dbs Bank raised shares of Equinix to a “moderate buy” rating in a report on Wednesday, August 6th. JPMorgan Chase & Co. boosted their price objective on shares of Equinix from $935.00 to $940.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $1,200.00 price target on shares of Equinix in a report on Tuesday, July 22nd. Four investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $960.65.

Equinix Company Profile

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.