Chilton Capital Management LLC Sells 683 Shares of Equinix, Inc. $EQIX

Chilton Capital Management LLC lessened its stake in Equinix, Inc. (NASDAQ:EQIX) by 1.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,103 shares of the financial services provider’s stock after selling 683 shares during the quarter. Chilton Capital Management LLC’s holdings in Equinix were worth $27,923,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC raised its holdings in Equinix by 28.9% in the fourth quarter. Brighton Jones LLC now owns 326 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 73 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Equinix by 4.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 5,599 shares of the financial services provider’s stock worth $4,565,000 after acquiring an additional 249 shares in the last quarter. Moran Wealth Management LLC lifted its holdings in shares of Equinix by 13.7% during the 1st quarter. Moran Wealth Management LLC now owns 265 shares of the financial services provider’s stock valued at $216,000 after purchasing an additional 32 shares in the last quarter. Golden State Wealth Management LLC raised its holdings in Equinix by 7,450.0% during the 1st quarter. Golden State Wealth Management LLC now owns 151 shares of the financial services provider’s stock worth $123,000 after buying an additional 149 shares during the period. Finally, Perigon Wealth Management LLC increased its position in shares of Equinix by 3.3% during the first quarter. Perigon Wealth Management LLC now owns 1,090 shares of the financial services provider’s stock worth $888,000 after acquiring an additional 35 shares in the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

EQIX has been the topic of a number of research reports. Truist Financial boosted their price target on Equinix from $904.00 to $961.00 and gave the company a “buy” rating in a report on Thursday, August 7th. JPMorgan Chase & Co. raised their price target on shares of Equinix from $935.00 to $940.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Cfra Research lowered shares of Equinix from a “moderate buy” rating to a “hold” rating in a research report on Thursday, July 31st. Guggenheim initiated coverage on shares of Equinix in a research report on Thursday, July 10th. They issued a “buy” rating and a $933.00 target price for the company. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Equinix in a research report on Saturday. Five equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $957.38.

Equinix Trading Up 0.9%

Shares of EQIX stock opened at $839.49 on Friday. The stock has a market cap of $82.15 billion, a P/E ratio of 82.22, a price-to-earnings-growth ratio of 1.45 and a beta of 0.92. 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 stock has a 50 day simple moving average of $791.39 and a 200 day simple moving average of $814.98.

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

Equinix Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, August 20th were issued a dividend of $4.69 per share. The ex-dividend date was Wednesday, August 20th. This represents a $18.76 annualized dividend and a dividend yield of 2.2%. Equinix’s dividend payout ratio is 183.74%.

Insider Buying and Selling at Equinix

In other news, EVP Raouf Abdel sold 404 shares of Equinix stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $771.11, for a total transaction of $311,528.44. Following the sale, the executive vice president directly owned 6,378 shares of the company’s stock, valued at approximately $4,918,139.58. This trade represents a 5.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Christopher B. Paisley sold 75 shares of the firm’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 completion of the transaction, the director owned 17,832 shares of the company’s stock, valued at approximately $13,935,708. This trade represents a 0.42% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.27% of the company’s stock.

Equinix 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.