129,281 Shares in Equinix, Inc. $EQIX Purchased by Strs Ohio

Strs Ohio acquired a new position in Equinix, Inc. (NASDAQ:EQIX) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 129,281 shares of the financial services provider’s stock, valued at approximately $105,409,000. Strs Ohio owned 0.13% of Equinix as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of EQIX. GAMMA Investing LLC lifted its holdings in Equinix by 82,340.9% in the 1st quarter. GAMMA Investing LLC now owns 890,362 shares of the financial services provider’s stock valued at $725,957,000 after acquiring an additional 889,282 shares during the last quarter. Nuveen LLC purchased a new stake in Equinix during the first quarter valued at about $662,663,000. JPMorgan Chase & Co. lifted its stake in Equinix by 22.5% during the first quarter. JPMorgan Chase & Co. now owns 1,590,568 shares of the financial services provider’s stock valued at $1,296,871,000 after buying an additional 291,753 shares in the last quarter. National Bank of Canada FI lifted its stake in Equinix by 169.7% during the first quarter. National Bank of Canada FI now owns 394,223 shares of the financial services provider’s stock valued at $321,427,000 after buying an additional 248,075 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in Equinix by 1.9% during the first quarter. Vanguard Group Inc. now owns 12,906,820 shares of the financial services provider’s stock valued at $10,523,576,000 after buying 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 at Equinix

In other news, Director Christopher B. Paisley sold 75 shares of Equinix stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $781.50, for a total transaction of $58,612.50. Following the transaction, the director owned 17,832 shares in the company, valued at $13,935,708. The trade was a 0.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.27% of the stock is owned by company insiders.

Equinix Stock Up 0.1%

Shares of EQIX stock opened at $780.60 on Thursday. The stock has a market cap of $76.39 billion, a P/E ratio of 76.45, a price-to-earnings-growth ratio of 1.39 and a beta of 0.92. Equinix, Inc. has a one year low of $701.41 and a one year high of $994.03. The stock has a fifty day moving average price of $779.16 and a 200 day moving average price of $825.10. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.54 and a quick ratio of 1.54.

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 return on equity of 7.22% and a net margin of 11.11%.The firm had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same period in the prior year, the company posted $9.22 earnings per share. The business’s revenue for the quarter 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. Analysts predict that Equinix, Inc. will post 33.1 earnings per share for the current year.

Equinix Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Wednesday, August 20th will be issued a dividend of $4.69 per share. The ex-dividend date is Wednesday, August 20th. This represents a $18.76 dividend on an annualized basis and a yield of 2.4%. Equinix’s dividend payout ratio (DPR) is 183.74%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on EQIX. Barclays upped their price objective on shares of Equinix from $798.00 to $804.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 20th. The Goldman Sachs Group reduced their price objective on shares of Equinix from $1,020.00 to $880.00 and set a “buy” rating for the company in a research note on Wednesday, July 2nd. Wolfe Research downgraded Equinix from an “outperform” rating to a “peer perform” rating in a report on Monday, June 9th. BMO Capital Markets downgraded Equinix from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $1,045.00 to $850.00 in a report on Thursday, June 26th. Finally, Dbs Bank upgraded Equinix to a “moderate buy” rating in a report on Wednesday, August 6th. Five research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $962.52.

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.