Vanguard Personalized Indexing Management LLC Boosts Stake in Equinix, Inc. $EQIX

Vanguard Personalized Indexing Management LLC raised its position in Equinix, Inc. (NASDAQ:EQIX) by 35.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,113 shares of the financial services provider’s stock after buying an additional 3,154 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Equinix were worth $9,640,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Equinix by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 12,906,820 shares of the financial services provider’s stock valued at $10,523,576,000 after buying an additional 242,121 shares during the last quarter. Valeo Financial Advisors LLC increased its stake in Equinix by 298,148.6% in the 2nd quarter. Valeo Financial Advisors LLC now owns 8,157,100 shares of the financial services provider’s stock valued at $6,488,728,000 after buying an additional 8,154,365 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Equinix by 22.5% in the 1st quarter. JPMorgan Chase & Co. now owns 1,590,568 shares of the financial services provider’s stock valued at $1,296,871,000 after buying an additional 291,753 shares during the last quarter. Northern Trust Corp increased its stake in shares of Equinix by 2.7% during the 1st quarter. Northern Trust Corp now owns 1,524,515 shares of the financial services provider’s stock worth $1,243,013,000 after purchasing an additional 40,734 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Equinix by 1.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,333,635 shares of the financial services provider’s stock worth $1,087,334,000 after purchasing an additional 25,290 shares during the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Equinix Stock Down 1.0%

EQIX opened at $800.60 on Monday. The company has a 50 day moving average of $782.79 and a 200 day moving average of $812.58. The company has a market cap of $78.35 billion, a PE ratio of 78.41, a price-to-earnings-growth ratio of 1.38 and a beta of 0.92. Equinix, Inc. has a 12 month low of $701.41 and a 12 month high of $994.03. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.29.

Equinix (NASDAQ:EQIX) last released its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $9.91 EPS for the quarter, topping the consensus estimate of $3.49 by $6.42. The company had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.26 billion. Equinix had a net margin of 11.11% and a return on equity of 7.22%. Equinix’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period last year, the firm earned $9.22 EPS. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. On average, sell-side analysts expect that Equinix, Inc. will post 33.1 EPS for the current year.

Equinix Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, August 20th were issued a $4.69 dividend. This represents a $18.76 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Wednesday, August 20th. Equinix’s dividend payout ratio (DPR) is presently 183.74%.

Insider Buying and Selling at Equinix

In other Equinix news, EVP Raouf Abdel sold 404 shares of the firm’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $771.11, for a total value of $311,528.44. Following the completion of the transaction, the executive vice president directly owned 6,378 shares of the company’s stock, valued at $4,918,139.58. This trade represents a 5.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Christopher B. Paisley sold 75 shares of the firm’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $781.50, for a total transaction of $58,612.50. Following the completion of the transaction, the director directly owned 17,832 shares of the company’s stock, valued at approximately $13,935,708. The trade was a 0.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.27% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

EQIX has been the subject of several research analyst reports. JMP Securities restated a “market outperform” rating and set a $1,200.00 price target on shares of Equinix in a research note on Tuesday, July 22nd. UBS Group decreased their price target on shares of Equinix from $1,035.00 to $950.00 and set a “buy” rating for the company in a research note on Friday, July 11th. The Goldman Sachs Group decreased their price target on shares of Equinix from $1,020.00 to $880.00 and set a “buy” rating for the company in a research note on Wednesday, July 2nd. Stifel Nicolaus decreased their price target on shares of Equinix from $1,050.00 to $1,010.00 and set a “buy” rating for the company in a research note on Thursday, June 26th. Finally, Dbs Bank upgraded shares of Equinix to a “moderate buy” rating in a research note on Wednesday, August 6th. Four equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $960.65.

Equinix Company Profile

Equinix (Nasdaq: EQIX) is the world's digital infrastructure company . Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.