Equinix, Inc. $EQIX Shares Acquired by Blue Trust Inc.

Blue Trust Inc. increased its position in Equinix, Inc. (NASDAQ:EQIX) by 5.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 965 shares of the financial services provider’s stock after buying an additional 46 shares during the period. Blue Trust Inc.’s holdings in Equinix were worth $767,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Commerzbank Aktiengesellschaft FI raised its position in shares of Equinix by 47.7% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 4,774 shares of the financial services provider’s stock valued at $3,798,000 after buying an additional 1,541 shares during the last quarter. Stiles Financial Services Inc raised its position in shares of Equinix by 5.2% in the second quarter. Stiles Financial Services Inc now owns 510 shares of the financial services provider’s stock valued at $405,000 after buying an additional 25 shares during the last quarter. Callan Family Office LLC raised its position in shares of Equinix by 388.3% in the second quarter. Callan Family Office LLC now owns 3,496 shares of the financial services provider’s stock valued at $2,781,000 after buying an additional 2,780 shares during the last quarter. Vontobel Holding Ltd. raised its position in shares of Equinix by 9.9% in the second quarter. Vontobel Holding Ltd. now owns 3,932 shares of the financial services provider’s stock valued at $3,128,000 after buying an additional 353 shares during the last quarter. Finally, Maryland State Retirement & Pension System raised its position in shares of Equinix by 5.4% in the second quarter. Maryland State Retirement & Pension System now owns 4,750 shares of the financial services provider’s stock valued at $3,778,000 after buying an additional 243 shares during the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Equinix in a research report on Wednesday. Scotiabank dropped their price target on shares of Equinix from $1,030.00 to $965.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 26th. JMP Securities reaffirmed a “market outperform” rating and set a $1,200.00 price target on shares of Equinix in a research report on Tuesday, July 22nd. Guggenheim began coverage on shares of Equinix in a research report on Thursday, July 10th. They set a “buy” rating and a $933.00 price target for the company. Finally, Stifel Nicolaus dropped 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 report on Thursday, June 26th. Four analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $960.65.

Equinix Price Performance

EQIX opened at $800.60 on Friday. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 1.29. Equinix, Inc. has a 52-week low of $701.41 and a 52-week high of $994.03. The company has a 50 day moving average of $782.79 and a two-hundred day moving average of $812.67. The company has a market cap of $78.35 billion, a P/E ratio of 78.41, a P/E/G ratio of 1.38 and a beta of 0.92.

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

Equinix Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, August 20th were paid a dividend of $4.69 per share. This represents a $18.76 annualized dividend and a yield of 2.3%. The ex-dividend date was Wednesday, August 20th. Equinix’s payout ratio is currently 183.74%.

Insider Activity at Equinix

In other Equinix 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 completion of the sale, the director directly owned 17,832 shares in the company, valued at $13,935,708. The trade was a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Raouf Abdel sold 404 shares of the company’s stock in a transaction 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 completion of the transaction, the executive vice president owned 6,378 shares of the company’s stock, valued at $4,918,139.58. This trade represents 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.

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.