Equity Residential $EQR Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. boosted its position in Equity Residential (NYSE:EQR) by 25.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,061 shares of the real estate investment trust’s stock after buying an additional 14,916 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Equity Residential were worth $4,669,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Rosenberg Matthew Hamilton raised its stake in shares of 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 purchasing an additional 180 shares in the last quarter. CX Institutional raised its stake in shares of Equity Residential by 6.1% in the 3rd quarter. CX Institutional now owns 3,274 shares of the real estate investment trust’s stock valued at $212,000 after purchasing an additional 189 shares in the last quarter. Summitry LLC raised its stake in shares of Equity Residential by 6.3% in the 3rd quarter. Summitry LLC now owns 3,193 shares of the real estate investment trust’s stock valued at $207,000 after purchasing an additional 189 shares in the last quarter. Louisiana State Employees Retirement System raised its stake in shares of Equity Residential by 1.1% in the 3rd quarter. Louisiana State Employees Retirement System now owns 18,200 shares of the real estate investment trust’s stock valued at $1,178,000 after purchasing an additional 200 shares in the last quarter. Finally, MAI Capital Management raised its stake in shares of Equity Residential by 5.4% in the 3rd quarter. MAI Capital Management now owns 3,933 shares of the real estate investment trust’s stock valued at $255,000 after purchasing an additional 202 shares in the last quarter. Institutional investors and hedge funds own 92.68% of the company’s stock.

Insider Buying and Selling

In related news, COO Michael L. Manelis sold 5,765 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total transaction of $375,474.45. Following the sale, the chief operating officer owned 46,131 shares in the company, valued at $3,004,512.03. This represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Catherine Carraway sold 656 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $42,725.28. Following the sale, the executive vice president owned 18,339 shares in the company, valued at approximately $1,194,419.07. This trade represents a 3.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 10,058 shares of company stock worth $655,078 over the last quarter. 1.00% of the stock is owned by company insiders.

Equity Residential Price Performance

EQR opened at $61.91 on Wednesday. The firm has a market cap of $23.20 billion, a price-to-earnings ratio of 21.13, a price-to-earnings-growth ratio of 4.79 and a beta of 0.73. Equity Residential has a fifty-two week low of $57.57 and a fifty-two week high of $72.40. The company’s 50-day moving average price is $61.38 and its 200 day moving average price is $61.45. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.73.

Equity Residential (NYSE:EQR) last released its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.01). The business had revenue of $781.91 million for the quarter, compared to analyst estimates of $786.35 million. Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.Equity Residential’s revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.00 EPS. Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS and its FY 2026 guidance at 4.020-4.140 EPS. As a group, sell-side analysts expect that Equity Residential will post 4.09 earnings per share for the current year.

Equity Residential Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Monday, March 30th were paid a dividend of $0.7025 per share. This represents a $2.81 annualized dividend and a yield of 4.5%. This is a positive change from Equity Residential’s previous quarterly dividend of $0.69. The ex-dividend date was Monday, March 30th. Equity Residential’s dividend payout ratio (DPR) is currently 95.90%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on EQR. Morgan Stanley upgraded shares of Equity Residential from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $72.00 to $74.00 in a research note on Thursday, March 26th. The Goldman Sachs Group cut their target price on shares of Equity Residential from $71.00 to $69.00 and set a “neutral” rating on the stock in a research note on Thursday, April 16th. Wall Street Zen upgraded shares of Equity Residential from a “sell” rating to a “hold” rating in a research note on Saturday, March 28th. BNP Paribas Exane upped their target price on shares of Equity Residential from $66.00 to $68.00 and gave the company a “neutral” rating in a research note on Tuesday, March 3rd. Finally, Mizuho upped their target price on shares of Equity Residential from $65.00 to $66.00 and gave the company a “neutral” rating in a research note on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $69.38.

Equity Residential 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.