Easterly Investment Partners LLC Decreases Stake in Equinix, Inc. $EQIX

Posted by Stanley Muller on Jun 1st, 2026

Easterly Investment Partners LLC lessened its stake in Equinix, Inc. (NASDAQ:EQIX – Free Report) by 14.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 18,957 shares of the financial services provider’s stock after selling 3,103 shares during the quarter. Equinix comprises 0.9% of Easterly Investment Partners LLC’s portfolio, making the stock its 25th largest holding. Easterly Investment Partners LLC’s holdings in Equinix were worth $14,524,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Equinix by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 13,398,906 shares of the financial services provider’s stock valued at $10,265,706,000 after buying an additional 107,227 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Equinix by 25.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,875,355 shares of the financial services provider’s stock valued at $2,252,094,000 after buying an additional 588,967 shares during the period. Geode Capital Management LLC boosted its stake in shares of Equinix by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 2,567,830 shares of the financial services provider’s stock valued at $1,959,731,000 after buying an additional 25,383 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Equinix by 3.0% in the 3rd quarter. Principal Financial Group Inc. now owns 1,969,498 shares of the financial services provider’s stock valued at $1,542,595,000 after buying an additional 56,592 shares during the period. Finally, Norges Bank purchased a new stake in Equinix during the fourth quarter worth approximately $984,355,000. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. TD Cowen boosted their target price on Equinix from $1,123.00 to $1,143.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Weiss Ratings upgraded Equinix from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, May 7th. Jefferies Financial Group boosted their target price on Equinix from $950.00 to $1,000.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Scotiabank boosted their target price on Equinix from $1,050.00 to $1,120.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Finally, BMO Capital Markets boosted their target price on Equinix from $925.00 to $1,050.00 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,143.60.

Get Our Latest Stock Report on Equinix

Insider Activity at Equinix

In other Equinix news, Chairman Charles J. Meyers sold 5,224 shares of Equinix stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $1,085.23, for a total transaction of $5,669,241.52. Following the transaction, the chairman owned 7,370 shares of the company’s stock, valued at $7,998,145.10. The trade was a 41.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Jonathan Lin sold 635 shares of Equinix stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $965.71, for a total value of $613,225.85. Following the transaction, the insider directly owned 10,788 shares in the company, valued at approximately $10,418,079.48. This trade represents a 5.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 13,769 shares of company stock valued at $14,191,079 over the last 90 days. 0.27% of the stock is owned by insiders.

Equinix Stock Performance

EQIX opened at $1,068.04 on Monday. The firm has a market cap of $105.33 billion, a price-to-earnings ratio of 73.91, a price-to-earnings-growth ratio of 2.01 and a beta of 0.99. Equinix, Inc. has a 52 week low of $710.52 and a 52 week high of $1,128.68. The business’s 50 day moving average is $1,047.60 and its two-hundred day moving average is $904.78. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.39.

Equinix (NASDAQ:EQIX – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $10.79 EPS for the quarter, topping the consensus estimate of $4.30 by $6.49. The company had revenue of $2.44 billion for the quarter, compared to analyst estimates of $2.52 billion. Equinix had a return on equity of 10.03% and a net margin of 15.07%.The firm’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $9.67 earnings per share. Equinix has set its FY 2026 guidance at 42.310-43.110 EPS. On average, research analysts predict that Equinix, Inc. will post 37.72 EPS for the current year.

Equinix Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, May 20th will be given a dividend of $5.16 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $20.64 annualized dividend and a yield of 1.9%. Equinix’s payout ratio is 142.84%.

Equinix Company 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.