Mitsubishi UFJ Asset Management Co. Ltd. Purchases 57,296 Shares of Equity Residential $EQR

Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Equity Residential (NYSE:EQR) by 6.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 960,668 shares of the real estate investment trust’s stock after buying an additional 57,296 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Equity Residential were worth $62,184,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Equity Residential by 2.3% in the 3rd quarter. Vanguard Group Inc. now owns 57,597,658 shares of the real estate investment trust’s stock worth $3,728,296,000 after buying an additional 1,281,354 shares during the last quarter. Norges Bank acquired a new stake in Equity Residential in the second quarter valued at approximately $2,351,689,000. State Street Corp boosted its stake in Equity Residential by 1.8% in the second quarter. State Street Corp now owns 24,234,081 shares of the real estate investment trust’s stock valued at $1,651,909,000 after acquiring an additional 417,119 shares in the last quarter. Geode Capital Management LLC grew its holdings in Equity Residential by 1.4% in the second quarter. Geode Capital Management LLC now owns 9,884,977 shares of the real estate investment trust’s stock worth $664,662,000 after purchasing an additional 137,533 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of Equity Residential by 20.9% during the second quarter. Invesco Ltd. now owns 8,019,026 shares of the real estate investment trust’s stock worth $541,204,000 after purchasing an additional 1,384,580 shares in the last quarter. 92.68% of the stock is currently owned by institutional investors.

Equity Residential Price Performance

Shares of NYSE:EQR opened at $63.19 on Friday. Equity Residential has a twelve month low of $58.38 and a twelve month high of $75.86. The company’s 50 day moving average is $62.52 and its 200 day moving average is $62.59. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.73. The company has a market cap of $23.86 billion, a PE ratio of 21.57, a price-to-earnings-growth ratio of 4.82 and a beta of 0.76.

Equity Residential (NYSE:EQR) last announced its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.03 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.01). The business had revenue of $781.91 million for the quarter, compared to analyst estimates of $786.35 million. Equity Residential had a net margin of 36.20% and a return on equity of 9.98%. The business’s revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.00 earnings per share. Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS and its FY 2026 guidance at 4.020-4.140 EPS. On average, sell-side analysts forecast that Equity Residential will post 3.98 EPS for the current year.

Equity Residential Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 2nd were issued a $0.6925 dividend. This represents a $2.77 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Friday, January 2nd. Equity Residential’s dividend payout ratio is presently 94.54%.

Insiders Place Their Bets

In other Equity Residential news, COO Michael L. Manelis sold 5,765 shares of Equity Residential stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $375,474.45. Following the completion of the transaction, the chief operating officer owned 46,131 shares in the company, valued at approximately $3,004,512.03. This trade represents a 11.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Robert Garechana sold 3,637 shares of the business’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $236,877.81. Following the completion of the transaction, the executive vice president directly owned 18,740 shares of the company’s stock, valued at approximately $1,220,536.20. This trade represents a 16.25% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 10,058 shares of company stock valued at $655,078. Company insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on EQR. Piper Sandler set a $78.00 price objective on Equity Residential in a research report on Tuesday, January 27th. Cantor Fitzgerald raised their price target on Equity Residential from $61.00 to $64.00 and gave the stock a “neutral” rating in a report on Monday, February 9th. BMO Capital Markets lowered Equity Residential from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $70.00 to $68.00 in a research note on Friday, January 9th. JPMorgan Chase & Co. decreased their price objective on shares of Equity Residential from $75.00 to $71.00 and set a “neutral” rating for the company in a research report on Thursday, December 4th. Finally, Royal Bank Of Canada lowered their target price on shares of Equity Residential from $70.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday, January 15th. Six equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, Equity Residential has a consensus rating of “Hold” and an average price target of $69.78.

Equity Residential Profile

Equity Residential (NYSE: EQR) is a publicly traded real estate investment trust that acquires, develops, owns and operates rental apartment properties. Headquartered in Chicago, the company focuses on delivering professionally managed, market-rate apartment homes and related services to renters. Its operations cover a range of property types, including high-rise and mid-rise assets, with amenities and on-site management designed to support resident retention and occupancy.

The company’s core activities include property acquisitions, development and redevelopment, leasing, and day-to-day property management.