Swedbank AB Sells 10,585 Shares of Essex Property Trust, Inc. $ESS

Posted by on May 28th, 2026

Swedbank AB cut its position in Essex Property Trust, Inc. (NYSE:ESS – Free Report) by 71.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,308 shares of the real estate investment trust’s stock after selling 10,585 shares during the period. Swedbank AB’s holdings in Essex Property Trust were worth $1,127,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of ESS. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Essex Property Trust in the fourth quarter valued at about $237,000. MQS Management LLC acquired a new stake in shares of Essex Property Trust in the fourth quarter valued at about $1,244,000. Kingdom Financial Group LLC. acquired a new stake in shares of Essex Property Trust in the fourth quarter valued at about $299,000. Meiji Yasuda Asset Management Co Ltd. increased its stake in shares of Essex Property Trust by 1.1% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 33,973 shares of the real estate investment trust’s stock valued at $8,890,000 after buying an additional 377 shares during the period. Finally, Global Retirement Partners LLC increased its stake in shares of Essex Property Trust by 171.4% in the fourth quarter. Global Retirement Partners LLC now owns 825 shares of the real estate investment trust’s stock valued at $216,000 after buying an additional 521 shares during the period. 96.51% of the stock is currently owned by institutional investors.

Essex Property Trust Trading Down 0.1%

Shares of Essex Property Trust stock opened at $277.03 on Thursday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.98 and a current ratio of 0.98. Essex Property Trust, Inc. has a 52 week low of $238.46 and a 52 week high of $294.09. The stock has a 50 day moving average price of $257.24 and a two-hundred day moving average price of $256.54. The stock has a market capitalization of $17.80 billion, a PE ratio of 31.13, a price-to-earnings-growth ratio of 11.99 and a beta of 0.71.

Essex Property Trust (NYSE:ESS – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.65 EPS for the quarter, missing analysts’ consensus estimates of $3.96 by ($2.31). Essex Property Trust had a net margin of 30.03% and a return on equity of 10.00%. The firm had revenue of $484.76 million during the quarter, compared to analyst estimates of $479.89 million. During the same period last year, the business posted $3.97 EPS. Essex Property Trust has set its Q2 2026 guidance at 3.920-4.040 EPS. As a group, equities analysts anticipate that Essex Property Trust, Inc. will post 16.06 earnings per share for the current fiscal year.

Essex Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $2.59 dividend. This represents a $10.36 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Tuesday, June 30th. Essex Property Trust’s dividend payout ratio (DPR) is 116.40%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ESS. Raymond James Financial reissued a “market perform” rating on shares of Essex Property Trust in a research note on Friday, February 27th. Wall Street Zen raised Essex Property Trust from a “strong sell” rating to a “sell” rating in a research note on Saturday, April 11th. Wells Fargo & Company decreased their price target on Essex Property Trust from $268.00 to $262.00 and set an “equal weight” rating for the company in a research note on Thursday, April 23rd. Morgan Stanley set a $293.00 price target on Essex Property Trust in a research note on Friday, May 15th. Finally, Scotiabank increased their price target on Essex Property Trust from $278.00 to $282.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Five equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Essex Property Trust has an average rating of “Hold” and an average target price of $284.50.

View Our Latest Stock Analysis on Essex Property Trust

About Essex Property Trust

(Free Report)

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.

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Institutional Ownership by Quarter for Essex Property Trust (NYSE:ESS)

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