Equity Residential $EQR Shares Sold by Swedbank AB

Swedbank AB lessened its holdings in shares of Equity Residential (NYSE:EQR) by 11.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 67,609 shares of the real estate investment trust’s stock after selling 8,975 shares during the period. Swedbank AB’s holdings in Equity Residential were worth $4,262,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Equity Residential by 2.3% during the third quarter. Vanguard Group Inc. now owns 57,597,658 shares of the real estate investment trust’s stock worth $3,728,296,000 after acquiring an additional 1,281,354 shares during the period. State Street Corp grew its holdings in Equity Residential by 2.8% during the third quarter. State Street Corp now owns 24,922,935 shares of the real estate investment trust’s stock worth $1,630,103,000 after acquiring an additional 688,854 shares during the period. First Eagle Investment Management LLC grew its holdings in Equity Residential by 0.5% during the fourth quarter. First Eagle Investment Management LLC now owns 9,242,013 shares of the real estate investment trust’s stock worth $582,617,000 after acquiring an additional 44,127 shares during the period. Northern Trust Corp grew its holdings in Equity Residential by 0.6% during the third quarter. Northern Trust Corp now owns 6,231,961 shares of the real estate investment trust’s stock worth $403,395,000 after acquiring an additional 34,625 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in Equity Residential by 3.4% during the third quarter. Dimensional Fund Advisors LP now owns 5,199,635 shares of the real estate investment trust’s stock worth $336,564,000 after acquiring an additional 173,002 shares during the period. Institutional investors and hedge funds own 92.68% of the company’s stock.

Equity Residential Stock Up 0.1%

EQR opened at $66.25 on Wednesday. The business’s fifty day moving average is $62.45 and its two-hundred day moving average is $62.01. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.18 and a current ratio of 0.18. The company has a market cap of $24.82 billion, a price-to-earnings ratio of 26.50 and a beta of 0.76. Equity Residential has a one year low of $57.57 and a one year high of $70.31.

Equity Residential (NYSE:EQR) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.09). The firm had revenue of $779.85 million for the quarter, compared to analysts’ expectations of $781.79 million. Equity Residential had a return on equity of 8.57% and a net margin of 30.63%.The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.95 earnings per share. Equity Residential has set its FY 2026 guidance at 4.020-4.140 EPS and its Q2 2026 guidance at 0.980-1.020 EPS. Analysts anticipate that Equity Residential will post 4.09 EPS for the current fiscal year.

Equity Residential Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 30th were given a dividend of $0.7025 per share. The ex-dividend date was Monday, March 30th. This is a positive change from Equity Residential’s previous quarterly dividend of $0.69. This represents a $2.81 dividend on an annualized basis and a yield of 4.2%. Equity Residential’s dividend payout ratio (DPR) is presently 112.40%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on EQR. Evercore upped their price objective on Equity Residential from $67.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. UBS Group upped their price objective on Equity Residential from $71.00 to $73.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Wells Fargo & Company upped their price objective on Equity Residential from $62.00 to $64.00 and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. The Goldman Sachs Group dropped their price objective on Equity Residential from $71.00 to $69.00 and set a “neutral” rating on the stock in a report on Thursday, April 16th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Equity Residential in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Equity Residential presently has an average rating of “Hold” and a consensus target price of $70.11.

About Equity Residential

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.