OneDigital Investment Advisors LLC Invests $1 Million in Essex Property Trust, Inc. $ESS

OneDigital Investment Advisors LLC bought a new position in shares of Essex Property Trust, Inc. (NYSE:ESS) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 3,444 shares of the real estate investment trust’s stock, valued at approximately $1,004,000.

Other large investors have also recently bought and sold shares of the company. Nemes Rush Group LLC acquired a new position in Essex Property Trust during the fourth quarter worth $27,000. Generali Asset Management SPA SGR acquired a new stake in shares of Essex Property Trust in the 4th quarter valued at $29,000. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Essex Property Trust in the 1st quarter valued at $38,000. Western Wealth Management LLC acquired a new stake in shares of Essex Property Trust in the 1st quarter valued at $44,000. Finally, Elevation Wealth Partners LLC grew its holdings in shares of Essex Property Trust by 523.1% in the 2nd quarter. Elevation Wealth Partners LLC now owns 162 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 136 shares during the last quarter. 96.51% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Essex Property Trust news, Director Mary Kasaris sold 600 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $279.45, for a total transaction of $167,670.00. Following the completion of the sale, the director directly owned 2,394 shares of the company’s stock, valued at approximately $669,003.30. The trade was a 20.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 3.47% of the company’s stock.

Essex Property Trust Stock Down 1.4%

Shares of ESS opened at $283.41 on Tuesday. The business’s fifty day moving average price is $288.40 and its two-hundred day moving average price is $268.72. The firm has a market capitalization of $18.21 billion, a price-to-earnings ratio of 44.08, a PEG ratio of 10.54 and a beta of 0.69. Essex Property Trust, Inc. has a 52 week low of $238.46 and a 52 week high of $303.35. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.60 and a current ratio of 0.60.

Essex Property Trust (NYSE:ESS) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $4.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $2.62. Essex Property Trust had a return on equity of 7.33% and a net margin of 21.48%.The company had revenue of $489.05 million during the quarter, compared to the consensus estimate of $485.12 million. During the same quarter in the previous year, the company posted $4.03 earnings per share. Essex Property Trust has set its Q3 2026 guidance at 3.930-4.050 EPS and its FY 2026 guidance at 16.030-16.250 EPS. On average, analysts predict that Essex Property Trust, Inc. will post 16.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ESS. UBS Group set a $290.00 price target on shares of Essex Property Trust in a report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $330.00 price objective on shares of Essex Property Trust in a research note on Monday, July 20th. Piper Sandler raised their price objective on shares of Essex Property Trust from $310.00 to $352.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Cantor Fitzgerald raised their price objective on shares of Essex Property Trust from $291.00 to $316.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Finally, Wells Fargo & Company boosted their target price on Essex Property Trust from $280.00 to $297.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $305.04.

Essex Property Trust Profile

Essex Property Trust, Inc (NYSE: ESS) is a publicly traded real estate investment trust that acquires, develops, owns and operates multifamily residential properties. The company focuses on market-rate apartment communities and delivers a full suite of property services including leasing, resident services, asset management, and capital improvement programs designed to preserve and enhance long‑term property values.

Essex concentrates its portfolio in West Coast markets, with a significant presence in California and the Pacific Northwest.