Canada Pension Plan Investment Board Invests $91.43 Million in Equity Lifestyle Properties, Inc. $ELS

Posted by George Bondi on Aug 27th, 2026

Canada Pension Plan Investment Board acquired a new stake in shares of Equity Lifestyle Properties, Inc. (NYSE:ELS – Free Report) in the second quarter, Holdings Channel reports. The firm acquired 1,418,675 shares of the real estate investment trust’s stock, valued at approximately $91,434,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Wiser Advisor Group LLC purchased a new stake in shares of Equity Lifestyle Properties in the third quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd increased its holdings in Equity Lifestyle Properties by 943.8% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 501 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 453 shares during the period. Clearstead Trust LLC purchased a new position in Equity Lifestyle Properties during the 2nd quarter worth $33,000. Fulcrum Asset Management LLP bought a new stake in Equity Lifestyle Properties during the 3rd quarter valued at $34,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in Equity Lifestyle Properties during the 2nd quarter valued at $37,000. 97.21% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ELS. Odeon Capital Group set a $65.00 price target on Equity Lifestyle Properties in a research report on Thursday, July 9th. Morgan Stanley restated a “mixed” rating and issued a $59.00 price objective (down from $62.50) on shares of Equity Lifestyle Properties in a report on Wednesday, August 12th. Jefferies Financial Group raised shares of Equity Lifestyle Properties to a “strong-buy” rating in a research note on Wednesday, July 22nd. Barclays set a $69.00 target price on shares of Equity Lifestyle Properties and gave the stock an “equal weight” rating in a report on Monday, August 17th. Finally, Weiss Ratings upgraded shares of Equity Lifestyle Properties from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Equity Lifestyle Properties presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.52.

Read Our Latest Research Report on Equity Lifestyle Properties

Equity Lifestyle Properties Stock Down 1.1%

Shares of NYSE ELS opened at $64.66 on Thursday. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $12.55 billion, a PE ratio of 31.09, a price-to-earnings-growth ratio of 3.81 and a beta of 0.64. The stock’s fifty day simple moving average is $64.80 and its two-hundred day simple moving average is $64.64. Equity Lifestyle Properties, Inc. has a 12-month low of $58.72 and a 12-month high of $69.00.

Equity Lifestyle Properties (NYSE:ELS – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $0.50 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.22). The company had revenue of $397.81 million during the quarter, compared to the consensus estimate of $383.66 million. Equity Lifestyle Properties had a return on equity of 22.31% and a net margin of 25.92%.The company’s revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.69 earnings per share. As a group, analysts expect that Equity Lifestyle Properties, Inc. will post 3.2 EPS for the current fiscal year.

Equity Lifestyle Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Friday, September 25th will be paid a $0.5425 dividend. This represents a $2.17 annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, September 25th. Equity Lifestyle Properties’s payout ratio is 104.33%.

Equity Lifestyle Properties Profile

(Free Report)

Equity Lifestyle Properties, Inc (NYSE: ELS) is a publicly traded real estate investment trust specializing in the acquisition, development, ownership and operation of manufactured home communities and recreational vehicle resorts. The company’s portfolio includes more than 450 properties across the United States and Canada, serving over 200,000 residents and visitors. ELS organizes its operations into two primary segments: manufactured housing communities, which provide long-term housing solutions, and upscale RV and seasonal resorts designed for leisure travelers and seasonal patrons.

In its manufactured home division, ELS offers home-site leases combined with community amenities such as landscaped common areas, clubhouses, swimming pools and organized resident events.