Equinix, Inc. $EQIX Stock Holdings Increased by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC lifted its stake in Equinix, Inc. (NASDAQ:EQIX) by 23.6% in the second quarter, Holdings Channel.com reports. The firm owned 325 shares of the financial services provider’s stock after acquiring an additional 62 shares during the quarter. Quotient Wealth Partners LLC’s holdings in Equinix were worth $259,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Truist Financial Corp lifted its position in shares of Equinix by 8.2% in the first quarter. Truist Financial Corp now owns 52,301 shares of the financial services provider’s stock worth $42,643,000 after purchasing an additional 3,981 shares in the last quarter. Elliott Investment Management L.P. acquired a new position in Equinix in the first quarter worth approximately $122,302,000. Nisa Investment Advisors LLC increased its holdings in Equinix by 71.7% in the first quarter. Nisa Investment Advisors LLC now owns 74,434 shares of the financial services provider’s stock worth $60,690,000 after buying an additional 31,073 shares during the last quarter. Gradient Investments LLC increased its holdings in Equinix by 19.4% in the second quarter. Gradient Investments LLC now owns 24,684 shares of the financial services provider’s stock worth $19,635,000 after buying an additional 4,015 shares during the last quarter. Finally, Partners Group Holding AG increased its holdings in Equinix by 10.6% in the first quarter. Partners Group Holding AG now owns 51,787 shares of the financial services provider’s stock worth $42,225,000 after buying an additional 4,968 shares during the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Equinix

In other news, 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 value of $58,612.50. Following the sale, the director owned 17,832 shares in the company, valued at approximately $13,935,708. This trade represents a 0.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Raouf Abdel sold 404 shares of the firm’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $771.11, for a total transaction of $311,528.44. Following the completion of the sale, the executive vice president owned 6,378 shares in the company, valued at approximately $4,918,139.58. The trade was a 5.96% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.27% of the company’s stock.

Equinix Trading Up 0.1%

Shares of EQIX stock opened at $813.93 on Monday. Equinix, Inc. has a 12 month low of $701.41 and a 12 month high of $994.03. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 1.29. The business’s 50 day moving average is $786.53 and its two-hundred day moving average is $812.61. The company has a market cap of $79.65 billion, a PE ratio of 79.72, a price-to-earnings-growth ratio of 1.41 and a beta of 0.92.

Equinix (NASDAQ:EQIX) last announced its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $9.91 EPS for the quarter, beating the consensus estimate of $3.49 by $6.42. The company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.26 billion. Equinix had a return on equity of 7.22% and a net margin of 11.11%.The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter last year, the company posted $9.22 earnings per share. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. Equities analysts predict that Equinix, Inc. will post 33.1 EPS for the current year.

Equinix Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Scotiabank dropped their price objective on Equinix from $1,030.00 to $965.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 26th. Bank of America dropped their price objective on Equinix from $1,000.00 to $950.00 and set a “buy” rating on the stock in a report on Thursday, June 26th. Stifel Nicolaus dropped their price objective on Equinix from $1,050.00 to $1,010.00 and set a “buy” rating on the stock in a report on Thursday, June 26th. Barclays increased their price objective on Equinix from $798.00 to $804.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 20th. Finally, Zacks Research upgraded Equinix from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Five investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $960.14.

Equinix 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.