Essex Property Trust, Inc. $ESS Stock Holdings Decreased by Goldman Sachs Group Inc.

Posted by Brian Himes on Jun 9th, 2026

Goldman Sachs Group Inc. reduced its position in Essex Property Trust, Inc. (NYSE:ESS – Free Report) by 9.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 475,507 shares of the real estate investment trust’s stock after selling 49,953 shares during the period. Goldman Sachs Group Inc.’s holdings in Essex Property Trust were worth $124,431,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Woodline Partners LP acquired a new stake in shares of Essex Property Trust during the first quarter worth approximately $1,664,000. Focus Partners Wealth acquired a new stake in shares of Essex Property Trust during the first quarter worth approximately $223,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Essex Property Trust by 70.1% during the second quarter. EverSource Wealth Advisors LLC now owns 279 shares of the real estate investment trust’s stock worth $79,000 after purchasing an additional 115 shares during the period. First Trust Advisors LP boosted its holdings in shares of Essex Property Trust by 186.2% during the second quarter. First Trust Advisors LP now owns 33,614 shares of the real estate investment trust’s stock worth $9,526,000 after purchasing an additional 21,871 shares during the period. Finally, Bank of Nova Scotia boosted its holdings in shares of Essex Property Trust by 10.9% during the second quarter. Bank of Nova Scotia now owns 8,274 shares of the real estate investment trust’s stock worth $2,345,000 after purchasing an additional 811 shares during the period. 96.51% of the stock is owned by hedge funds and other institutional investors.

Essex Property Trust Price Performance

NYSE ESS opened at $281.91 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.22. The stock has a market capitalization of $18.12 billion, a PE ratio of 31.68, a price-to-earnings-growth ratio of 12.33 and a beta of 0.72. The company has a 50 day moving average price of $262.79 and a two-hundred day moving average price of $257.84. Essex Property Trust, Inc. has a 12-month low of $238.46 and a 12-month high of $294.09.

Essex Property Trust (NYSE:ESS – Get Free Report) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.96 by ($2.31). The business had revenue of $484.76 million during the quarter, compared to analyst estimates of $479.89 million. Essex Property Trust had a net margin of 30.03% and a return on equity of 10.00%. During the same quarter last year, the firm earned $3.97 earnings per share. Essex Property Trust has set its Q2 2026 guidance at 3.920-4.040 EPS. As a group, equities analysts predict that Essex Property Trust, Inc. will post 16.08 earnings per share for the current fiscal year.

Essex Property Trust Announces Dividend

The firm also recently announced 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. The ex-dividend date is Tuesday, June 30th. This represents a $10.36 dividend on an annualized basis and a yield of 3.7%. Essex Property Trust’s payout ratio is 116.40%.

Analysts Set New Price Targets

ESS has been the subject of several research reports. Raymond James Financial restated a “market perform” rating on shares of Essex Property Trust in a report on Friday, February 27th. Scotiabank raised their price target on shares of Essex Property Trust from $278.00 to $282.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. UBS Group raised their price target on shares of Essex Property Trust from $274.00 to $278.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Piper Sandler upgraded shares of Essex Property Trust from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $275.00 to $310.00 in a report on Monday, May 4th. Finally, Royal Bank Of Canada raised their price target on shares of Essex Property Trust from $282.00 to $288.00 and gave the stock an “outperform” rating in a report on Thursday, April 30th. Six research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Essex Property Trust presently has a consensus rating of “Hold” and a consensus price target of $287.03.

Read Our Latest Stock Report on Essex Property Trust

Insider Transactions at Essex Property Trust

In other Essex Property Trust news, Director Mary Kasaris sold 600 shares of Essex Property Trust stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $279.45, for a total value of $167,670.00. Following the completion of the sale, the director directly owned 2,394 shares in the company, valued at $669,003.30. The trade was a 20.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.47% of the stock is owned by company insiders.

Essex Property Trust Company Profile

(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.