Equinix, Inc. $EQIX Stock Sold by Sumitomo Mitsui Trust Group Inc.

Posted by Stanley Muller on Nov 1st, 2026

Sumitomo Mitsui Trust Group Inc. lowered its holdings in shares of Equinix, Inc. (NASDAQ:EQIX – Free Report) by 3.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 508,137 shares of the financial services provider’s stock after selling 16,240 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Equinix were worth $514,021,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Equinix in the second quarter valued at approximately $11,930,074,000. Principal Financial Group Inc. raised its stake in shares of Equinix by 1.4% during the 1st quarter. Principal Financial Group Inc. now owns 1,980,497 shares of the financial services provider’s stock worth $1,941,377,000 after buying an additional 27,643 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Equinix by 26,831.6% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,239,122 shares of the financial services provider’s stock valued at $1,291,648,000 after buying an additional 1,234,521 shares in the last quarter. Legal & General Group Plc purchased a new position in shares of Equinix during the 2nd quarter valued at approximately $1,181,260,000. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Equinix during the 2nd quarter valued at approximately $1,163,662,000. 94.94% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Equinix

In other Equinix news, insider Kurt Pletcher sold 135 shares of Equinix stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $1,075.50, for a total transaction of $145,192.50. Following the sale, the insider owned 4,077 shares of the company’s stock, valued at $4,384,813.50. The trade was a 3.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Paladin sold 307 shares of the company’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $1,035.01, for a total transaction of $317,748.07. Following the sale, the insider directly owned 2,450 shares of the company’s stock, valued at $2,535,774.50. The trade was a 11.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 4,770 shares of company stock worth $4,884,197. Corporate insiders own 0.27% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Guggenheim reissued a “buy” rating and issued a $1,235.00 price target on shares of Equinix in a report on Tuesday, October 20th. Canadian Imperial Bank of Commerce started coverage on shares of Equinix in a research report on Tuesday, October 20th. They set an “outperform” rating and a $1,200.00 price objective for the company. BMO Capital Markets increased their price objective on shares of Equinix from $1,225.00 to $1,250.00 and gave the company an “outperform” rating in a report on Thursday, July 30th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $1,211.00 target price on shares of Equinix in a research report on Thursday. Finally, JPMorgan Chase & Co. lifted their target price on shares of Equinix from $1,300.00 to $1,350.00 and gave the company an “overweight” rating in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,226.97.

Check Out Our Latest Stock Analysis on EQIX

Equinix Price Performance

Shares of Equinix stock opened at $1,013.70 on Friday. The stock has a market capitalization of $100.02 billion, a P/E ratio of 60.88, a PEG ratio of 1.45 and a beta of 0.98. The business has a 50 day simple moving average of $1,022.27 and a two-hundred day simple moving average of $1,007.90. Equinix, Inc. has a 12 month low of $720.62 and a 12 month high of $1,128.68. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.29 and a quick ratio of 1.13.

Equinix (NASDAQ:EQIX – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The financial services provider reported $4.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.11 by $0.82. Equinix had a return on equity of 11.49% and a net margin of 16.38%. The firm had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.56 billion. During the same period in the previous year, the company posted $9.83 earnings per share. The business’s revenue was up 11.0% on a year-over-year basis. As a group, analysts predict that Equinix, Inc. will post 38.23 EPS for the current fiscal year.

Equinix Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Wednesday, November 18th will be issued a $5.16 dividend. The ex-dividend date is Wednesday, November 18th. This represents a $20.64 dividend on an annualized basis and a yield of 2.0%. Equinix’s dividend payout ratio (DPR) is presently 123.96%.

Key Headlines Impacting Equinix

Here are the key news stories impacting Equinix this week:

Positive Sentiment: Equinix reported third-quarter 2026 FFO of $11.64 per share, well above the $10.51 consensus estimate and up from $9.83 a year earlier. Record bookings, strong pricing and robust demand supported revenue growth. Equinix Surpasses Q3 FFO and Revenue Estimates
Positive Sentiment: Management raised its 2026 outlook for the third consecutive quarter, now projecting EPS of $43.71–$44.11 versus a $38.23 consensus estimate and revenue of $10.3–$10.4 billion. Fourth-quarter revenue guidance of $2.7 billion also exceeded the $2.6 billion consensus. Equinix Q3 AFFO, Revenue Rise; Issues Q4 Guidance; Lifts 2026 Outlook
Positive Sentiment: Analysts raised their targets following the results: JPMorgan to $1,350 with an Overweight rating, Citigroup to $1,320 with a Buy rating, and TD Cowen to $1,210 with a Buy rating. Bernstein maintained its Buy rating and $1,270 target, while Cantor Fitzgerald reaffirmed Overweight.
Positive Sentiment: Equinix declared a quarterly dividend of $5.16 per share, or $20.64 annualized, representing an approximately 2% yield for income-oriented investors.
Neutral Sentiment: Barclays maintained a Hold rating, providing a more cautious counterpoint to the recent target increases. Equinix’s elevated valuation—about 61 times earnings—may also limit near-term upside even as fundamentals improve. Barclays Sticks to Its Hold Rating for Equinix

Equinix Profile

(Free Report)

Equinix, Inc is a global digital infrastructure company that operates data centers where businesses, cloud providers, telecommunications carriers and other organizations can securely house and connect their information technology systems. Its International Business Exchange (IBX) data centers provide colocation services, allowing customers to place equipment in highly connected facilities without building and operating their own sites.

The company also provides interconnection and networking services, including Equinix Fabric, which enables customers to establish virtual connections among data centers, cloud platforms, networks and business partners.