Fifth Third Bancorp Lowers Stock Position in Equinix, Inc. $EQIX

Posted by Stanley Muller on Jul 17th, 2026

Fifth Third Bancorp lessened its holdings in shares of Equinix, Inc. (NASDAQ:EQIX – Free Report) by 32.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,237 shares of the financial services provider’s stock after selling 2,944 shares during the period. Fifth Third Bancorp’s holdings in Equinix were worth $6,114,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Douglas Lane & Associates LLC lifted its holdings in shares of Equinix by 3.9% during the fourth quarter. Douglas Lane & Associates LLC now owns 112,030 shares of the financial services provider’s stock valued at $85,833,000 after purchasing an additional 4,241 shares during the last quarter. Vanderbilt University boosted its position in shares of Equinix by 65.9% in the 4th quarter. Vanderbilt University now owns 10,298 shares of the financial services provider’s stock worth $7,890,000 after purchasing an additional 4,089 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Equinix by 6.3% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 52,265 shares of the financial services provider’s stock worth $40,043,000 after buying an additional 3,108 shares during the last quarter. Perigon Wealth Management LLC grew its stake in shares of Equinix by 141.1% in the 4th quarter. Perigon Wealth Management LLC now owns 3,178 shares of the financial services provider’s stock worth $2,435,000 after buying an additional 1,860 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. increased its position in Equinix by 305.7% during the 4th quarter. Generali Investments CEE investicni spolecnost a.s. now owns 11,766 shares of the financial services provider’s stock valued at $9,015,000 after buying an additional 8,866 shares in the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.

Equinix Stock Performance

EQIX stock opened at $1,009.14 on Friday. The stock’s 50 day simple moving average is $1,061.72 and its 200 day simple moving average is $976.52. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.39. Equinix, Inc. has a 12-month low of $720.62 and a 12-month high of $1,128.68. The stock has a market capitalization of $99.52 billion, a PE ratio of 69.84, a price-to-earnings-growth ratio of 1.90 and a beta of 0.98.

Equinix (NASDAQ:EQIX – Get Free Report) last posted its earnings results on Wednesday, April 29th. The financial services provider reported $10.79 EPS for the quarter, topping analysts’ consensus estimates of $4.30 by $6.49. Equinix had a return on equity of 10.03% and a net margin of 15.07%.The business had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same quarter last year, the company earned $9.67 EPS. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. Equinix has set its FY 2026 guidance at 42.310-43.110 EPS. As a group, research analysts forecast that Equinix, Inc. will post 38.25 earnings per share for the current fiscal year.

Equinix Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, May 20th were given a dividend of $5.16 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $20.64 annualized dividend and a dividend yield of 2.0%. Equinix’s dividend payout ratio (DPR) is 142.84%.

Insiders Place Their Bets

In other news, Director Christopher B. Paisley sold 125 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $1,060.29, for a total transaction of $132,536.25. Following the sale, the director owned 17,557 shares of the company’s stock, valued at $18,615,511.53. This trade represents a 0.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brandi Galvin Morandi sold 3,726 shares of Equinix stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $1,076.36, for a total transaction of $4,010,517.36. Following the completion of the sale, the insider owned 6,132 shares of the company’s stock, valued at $6,600,239.52. This represents a 37.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 11,115 shares of company stock valued at $12,022,574 over the last quarter. Corporate insiders own 0.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on EQIX shares. Citigroup lifted their price objective on Equinix from $1,240.00 to $1,260.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Morgan Stanley raised their price target on Equinix from $1,075.00 to $1,250.00 and gave the company an “overweight” rating in a report on Monday, April 13th. HSBC lifted their price target on Equinix from $1,100.00 to $1,250.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Cantor Fitzgerald upped their price target on shares of Equinix from $1,173.00 to $1,186.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Finally, Barclays increased their price objective on shares of Equinix from $1,109.00 to $1,130.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 1st. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,155.64.

Check Out Our Latest Research Report on Equinix

Equinix Profile

(Free Report)

Equinix, Inc is a global provider of digital infrastructure and interconnection services, specializing in carrier-neutral data centers and colocation. The company operates a platform that enables enterprises, cloud and network service providers, and content companies to colocate IT infrastructure, interconnect directly with partners and providers, and access cloud on-ramps and network services in a secure, low-latency environment.

Equinix’s offerings include traditional colocation space and power, cross-connects and meet-me rooms, and a suite of connectivity and on-demand services designed for hybrid multicloud architectures.