Equinix, Inc. $EQIX Shares Bought by Sarasin & Partners LLP

Sarasin & Partners LLP increased its holdings in shares of Equinix, Inc. (NASDAQ:EQIX) by 0.2% during the second quarter, HoldingsChannel.com reports. The fund owned 10,677 shares of the financial services provider’s stock after buying an additional 17 shares during the period. Sarasin & Partners LLP’s holdings in Equinix were worth $8,493,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of EQIX. Activest Wealth Management boosted its position in shares of Equinix by 121.4% during the first quarter. Activest Wealth Management now owns 31 shares of the financial services provider’s stock worth $25,000 after buying an additional 17 shares during the period. Pinney & Scofield Inc. purchased a new stake in Equinix in the fourth quarter valued at $28,000. GKV Capital Management Co. Inc. purchased a new stake in shares of Equinix in the 1st quarter valued at about $30,000. Saudi Central Bank purchased a new stake in shares of Equinix in the 1st quarter valued at about $31,000. Finally, Quarry LP purchased a new stake in shares of Equinix in the 1st quarter valued at about $31,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Equinix Trading Down 1.6%

Shares of NASDAQ:EQIX opened at $779.31 on Wednesday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.54 and a current ratio of 1.54. The stock’s 50-day moving average is $779.91 and its 200-day moving average is $821.22. The company has a market cap of $76.26 billion, a P/E ratio of 76.33, a P/E/G ratio of 1.41 and a beta of 0.92. Equinix, Inc. has a 52-week low of $701.41 and a 52-week high of $994.03.

Equinix (NASDAQ:EQIX) last released its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share for the quarter, beating analysts’ consensus estimates of $3.49 by $6.42. Equinix had a return on equity of 7.22% and a net margin of 11.11%.The company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the previous year, the business earned $9.22 earnings per share. The company’s quarterly revenue 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. Equities research analysts predict that Equinix, Inc. will post 33.1 earnings per share for the current year.

Equinix Announces Dividend

The company also recently disclosed 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 of this dividend is Wednesday, August 20th. This represents a $18.76 annualized dividend and a yield of 2.4%. Equinix’s dividend payout ratio is currently 183.74%.

Insider Buying and Selling at Equinix

In other Equinix news, Director Christopher B. Paisley sold 75 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $781.50, for a total value of $58,612.50. Following the transaction, the director owned 17,832 shares of the company’s stock, valued at approximately $13,935,708. This represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Raouf Abdel sold 404 shares of the stock in a transaction that occurred 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 sale, the executive vice president owned 6,378 shares in the company, valued at $4,918,139.58. This 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 currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on EQIX. Cowen reiterated a “buy” rating on shares of Equinix in a research note on Thursday, July 3rd. Stifel Nicolaus reduced their price objective on Equinix from $1,050.00 to $1,010.00 and set a “buy” rating for the company in a research note on Thursday, June 26th. Bank of America cut their price objective on Equinix from $1,000.00 to $950.00 and set a “buy” rating for the company in a research report on Thursday, June 26th. Wells Fargo & Company lowered their target price on Equinix from $1,065.00 to $925.00 and set an “overweight” rating on the stock in a report on Thursday, June 26th. Finally, UBS Group decreased their price objective on Equinix from $1,035.00 to $950.00 and set a “buy” rating on the stock in a research note on Friday, July 11th. Five analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $962.52.

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.