Equinix, Inc. $EQIX Shares Bought by Ethic Inc.

Ethic Inc. lifted its stake in Equinix, Inc. (NASDAQ:EQIX) by 5.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,529 shares of the financial services provider’s stock after acquiring an additional 495 shares during the period. Ethic Inc.’s holdings in Equinix were worth $7,482,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in EQIX. Valeo Financial Advisors LLC lifted its stake in shares of 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 worth $6,488,728,000 after acquiring an additional 8,154,365 shares during the period. Nuveen LLC acquired a new stake in shares of Equinix in the 1st quarter worth approximately $662,663,000. JPMorgan Chase & Co. raised its holdings in shares of Equinix by 22.5% in the 1st quarter. JPMorgan Chase & Co. now owns 1,590,568 shares of the financial services provider’s stock worth $1,296,871,000 after purchasing an additional 291,753 shares in the last quarter. National Bank of Canada FI raised its holdings in shares of Equinix by 169.7% in the 1st quarter. National Bank of Canada FI now owns 394,223 shares of the financial services provider’s stock worth $321,427,000 after purchasing an additional 248,075 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Equinix by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 12,906,820 shares of the financial services provider’s stock worth $10,523,576,000 after purchasing an additional 242,121 shares in the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Christopher B. Paisley sold 75 shares of the business’s stock in a transaction that occurred 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 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Raouf Abdel sold 404 shares of the business’s stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $771.11, for a total transaction of $311,528.44. Following the transaction, the executive vice president directly owned 6,378 shares in the company, valued at $4,918,139.58. The trade was a 5.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.27% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on EQIX. JMP Securities reiterated a “market outperform” rating and issued a $1,200.00 target price on shares of Equinix in a report on Tuesday, July 22nd. JPMorgan Chase & Co. boosted their target price on shares of Equinix from $935.00 to $940.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. BMO Capital Markets downgraded shares of Equinix from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from $1,045.00 to $850.00 in a report on Thursday, June 26th. Wells Fargo & Company dropped their target price on shares of Equinix from $1,065.00 to $925.00 and set an “overweight” rating on the stock in a report on Thursday, June 26th. Finally, The Goldman Sachs Group dropped their target price on shares of Equinix from $1,020.00 to $880.00 and set a “buy” rating on the stock in a report on Wednesday, July 2nd. Five investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $957.38.

Equinix Stock Up 0.9%

EQIX stock opened at $829.05 on Thursday. Equinix, Inc. has a 52-week low of $701.41 and a 52-week high of $994.03. The company’s 50 day simple moving average is $789.09 and its 200-day simple moving average is $813.19. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.54 and a quick ratio of 1.54. The firm has a market capitalization of $81.13 billion, a P/E ratio of 81.20, a P/E/G ratio of 1.42 and a beta of 0.92.

Equinix (NASDAQ:EQIX) last released its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.49 by $6.42. Equinix had a net margin of 11.11% and a return on equity of 7.22%. The business had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the previous year, the business earned $9.22 earnings per share. The firm’s revenue was up 4.5% compared to the same quarter last year. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. As a group, equities research analysts anticipate 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. Stockholders of record on Wednesday, August 20th were issued a dividend of $4.69 per share. The ex-dividend date was Wednesday, August 20th. This represents a $18.76 dividend on an annualized basis and a dividend yield of 2.3%. Equinix’s payout ratio is currently 183.74%.

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.