Equinix, Inc. $EQIX Holdings Lifted by S.E.E.D. Planning Group LLC

S.E.E.D. Planning Group LLC increased its holdings in Equinix, Inc. (NASDAQ:EQIX) by 13.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,567 shares of the financial services provider’s stock after acquiring an additional 547 shares during the period. Equinix comprises about 1.1% of S.E.E.D. Planning Group LLC’s holdings, making the stock its 25th largest holding. S.E.E.D. Planning Group LLC’s holdings in Equinix were worth $4,620,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Elevation Wealth Partners LLC lifted its position in shares of Equinix by 166.7% in the second quarter. Elevation Wealth Partners LLC now owns 24 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 15 shares in the last quarter. Avion Wealth boosted its stake in shares of Equinix by 73.3% during the 1st quarter. Avion Wealth now owns 26 shares of the financial services provider’s stock valued at $25,000 after buying an additional 11 shares during the period. Physician Wealth Advisors Inc. grew its holdings in shares of Equinix by 266.7% during the 1st quarter. Physician Wealth Advisors Inc. now owns 33 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 24 shares in the last quarter. Trust Co. of Vermont purchased a new position in shares of Equinix during the 2nd quarter valued at $34,000. Finally, Bogart Wealth LLC increased its stake in shares of Equinix by 233.3% in the first quarter. Bogart Wealth LLC now owns 40 shares of the financial services provider’s stock worth $39,000 after acquiring an additional 28 shares during the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Equinix Stock Performance

Shares of NASDAQ EQIX traded down $10.97 during trading hours on Wednesday, hitting $1,036.38. 138,042 shares of the company’s stock were exchanged, compared to its average volume of 588,248. The company’s 50-day moving average price is $1,042.65 and its 200-day moving average price is $1,047.44. Equinix, Inc. has a 1-year low of $720.62 and a 1-year high of $1,128.68. The stock has a market capitalization of $102.26 billion, a price-to-earnings ratio of 66.73, a PEG ratio of 1.46 and a beta of 0.98. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.13 and a quick ratio of 1.13.

Equinix (NASDAQ:EQIX) last released its earnings results on Wednesday, July 29th. The financial services provider reported $11.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.73 by $7.05. The firm had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.59 billion. Equinix had a return on equity of 10.76% and a net margin of 15.64%.The company’s revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the firm posted $9.91 EPS. Equinix has set its FY 2026 guidance at 42.690-43.290 EPS. On average, sell-side analysts expect that Equinix, Inc. will post 38.23 earnings per share for the current fiscal year.

Equinix Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 16th. Investors of record on Wednesday, August 19th were given a dividend of $5.16 per share. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $20.64 dividend on an annualized basis and a yield of 2.0%. Equinix’s payout ratio is 132.90%.

Insider Activity at Equinix

In other news, insider Kurt Pletcher sold 135 shares of the company’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $1,075.50, for a total transaction of $145,192.50. Following the completion of the transaction, the insider owned 4,077 shares of the company’s stock, valued at approximately $4,384,813.50. This represents a 3.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Christopher B. Paisley sold 4,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $1,019.28, for a total transaction of $4,077,120.00. Following the completion of the sale, the director owned 13,859 shares of the company’s stock, valued at approximately $14,126,201.52. The trade was a 22.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 4,770 shares of company stock worth $4,884,197 in the last ninety days. 0.27% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on EQIX shares. TD Cowen lifted their price objective on Equinix from $1,143.00 to $1,166.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Rothschild & Co Redburn started coverage on Equinix in a research note on Monday, September 21st. They issued a “buy” rating and a $1,261.00 price target for the company. Jefferies Financial Group reaffirmed a “buy” rating and set a $1,340.00 price objective on shares of Equinix in a research report on Thursday, July 30th. Stifel Nicolaus lifted their price objective on shares of Equinix from $1,250.00 to $1,265.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, HSBC reaffirmed a “buy” rating and issued a $1,400.00 price target on shares of Equinix in a research report on Friday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,206.96.

Equinix Company Profile

Equinix, Inc is a global digital infrastructure company that operates data centers and provides colocation, interconnection and related services. Its International Business Exchange (IBX) data centers allow businesses, cloud providers, network operators, financial institutions and government organizations to deploy and connect critical information technology infrastructure.

The company’s services include space, power and physical security for customer equipment, as well as private connections to cloud and network providers.