Saturna Capital Corp Has $646,000 Stock Holdings in Equity Residential $EQR

Saturna Capital Corp lifted its position in shares of Equity Residential (NYSE:EQR) by 10.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,575 shares of the real estate investment trust’s stock after purchasing an additional 885 shares during the quarter. Saturna Capital Corp’s holdings in Equity Residential were worth $646,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in EQR. Vanguard Group Inc. lifted its holdings in Equity Residential by 0.6% during the second quarter. Vanguard Group Inc. now owns 56,316,304 shares of the real estate investment trust’s stock worth $3,800,787,000 after acquiring an additional 315,370 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Equity Residential by 5.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 20,711,588 shares of the real estate investment trust’s stock worth $1,482,537,000 after purchasing an additional 1,101,027 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Equity Residential by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 9,884,977 shares of the real estate investment trust’s stock valued at $664,662,000 after purchasing an additional 137,533 shares in the last quarter. Invesco Ltd. grew its position in shares of Equity Residential by 1.7% in the 1st quarter. Invesco Ltd. now owns 6,634,446 shares of the real estate investment trust’s stock valued at $474,894,000 after purchasing an additional 112,004 shares during the period. Finally, Resolution Capital Ltd grew its position in shares of Equity Residential by 3.8% in the 1st quarter. Resolution Capital Ltd now owns 5,077,065 shares of the real estate investment trust’s stock valued at $363,416,000 after purchasing an additional 185,876 shares during the period. Institutional investors own 92.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Barclays cut their price target on shares of Equity Residential from $81.00 to $80.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 30th. Jefferies Financial Group dropped their price objective on shares of Equity Residential from $68.00 to $65.00 and set a “hold” rating on the stock in a report on Tuesday, November 11th. The Goldman Sachs Group lowered their target price on Equity Residential from $72.00 to $70.00 and set a “neutral” rating for the company in a report on Wednesday, September 17th. BNP Paribas Exane downgraded Equity Residential from an “outperform” rating to a “neutral” rating in a research note on Monday, September 29th. Finally, BNP Paribas lowered Equity Residential from an “outperform” rating to a “hold” rating in a report on Monday, September 29th. Eight research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $70.83.

Equity Residential Stock Up 0.2%

Shares of EQR stock opened at $59.19 on Wednesday. The firm’s fifty day moving average price is $62.42 and its two-hundred day moving average price is $65.48. The company has a current ratio of 0.45, a quick ratio of 0.17 and a debt-to-equity ratio of 0.75. Equity Residential has a 1 year low of $58.38 and a 1 year high of $78.32. The firm has a market capitalization of $22.52 billion, a P/E ratio of 19.53, a PEG ratio of 2.99 and a beta of 0.88.

Equity Residential (NYSE:EQR) last announced its quarterly earnings data on Tuesday, October 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, meeting the consensus estimate of $1.02. The company had revenue of $782.41 million during the quarter, compared to analysts’ expectations of $779.68 million. Equity Residential had a return on equity of 10.30% and a net margin of 37.58%.During the same quarter last year, the company earned $0.98 EPS. Equity Residential has set its Q4 2025 guidance at 1.020-1.060 EPS. FY 2025 guidance at 3.980-4.020 EPS. On average, equities analysts predict that Equity Residential will post 3.98 EPS for the current fiscal year.

Equity Residential Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Thursday, September 25th were given a dividend of $0.6925 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $2.77 annualized dividend and a dividend yield of 4.7%. Equity Residential’s payout ratio is 91.42%.

Equity Residential Profile

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, DC, Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft.