Sienna Gestion Acquires 9,887 Shares of Equity Residential $EQR

Sienna Gestion increased its holdings in shares of Equity Residential (NYSE:EQR) by 7.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 144,127 shares of the real estate investment trust’s stock after purchasing an additional 9,887 shares during the quarter. Sienna Gestion’s holdings in Equity Residential were worth $8,506,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Collier Financial purchased a new position in Equity Residential in the 3rd quarter worth about $26,000. Hantz Financial Services Inc. grew its stake in shares of Equity Residential by 434.7% in the third quarter. Hantz Financial Services Inc. now owns 540 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 439 shares during the period. Smartleaf Asset Management LLC raised its holdings in shares of Equity Residential by 203.5% during the third quarter. Smartleaf Asset Management LLC now owns 780 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 523 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Equity Residential in the second quarter worth approximately $61,000. Finally, MUFG Securities EMEA plc bought a new stake in Equity Residential in the 2nd quarter worth approximately $68,000. 92.68% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, COO Michael L. Manelis sold 5,765 shares of the stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $375,474.45. Following the completion of the sale, the chief operating officer directly owned 46,131 shares of the company’s stock, valued at $3,004,512.03. This represents a 11.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Catherine Carraway sold 656 shares of the firm’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total transaction of $42,725.28. Following the sale, the executive vice president owned 18,339 shares in the company, valued at $1,194,419.07. The trade was a 3.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 10,058 shares of company stock worth $655,078. Company insiders own 1.00% of the company’s stock.

Equity Residential Price Performance

NYSE EQR opened at $62.78 on Monday. The business’s fifty day moving average is $62.55 and its 200 day moving average is $62.54. Equity Residential has a fifty-two week low of $58.38 and a fifty-two week high of $73.14. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.31 and a current ratio of 0.31. The company has a market capitalization of $23.70 billion, a PE ratio of 21.43, a price-to-earnings-growth ratio of 4.72 and a beta of 0.75.

Equity Residential (NYSE:EQR) last issued its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.01). Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The company had revenue of $781.91 million during the quarter, compared to analysts’ expectations of $786.35 million. During the same quarter in the previous year, the company earned $1.00 EPS. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. 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. Sell-side analysts predict that Equity Residential will post 3.98 earnings per share for the current year.

Equity Residential Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 2nd were paid a dividend of $0.6925 per share. The ex-dividend date was Friday, January 2nd. This represents a $2.77 dividend on an annualized basis and a yield of 4.4%. Equity Residential’s dividend payout ratio (DPR) is presently 94.54%.

Wall Street Analyst Weigh In

EQR has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft lowered shares of Equity Residential from a “buy” rating to a “hold” rating and set a $63.00 target price for the company. in a research note on Tuesday, January 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Equity Residential in a report on Thursday, January 22nd. Cantor Fitzgerald upped their price objective on Equity Residential from $61.00 to $64.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Truist Financial lowered their target price on Equity Residential from $75.00 to $70.00 and set a “buy” rating on the stock in a report on Monday, November 17th. Finally, BMO Capital Markets cut Equity Residential from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from $70.00 to $68.00 in a research report on Friday, January 9th. Six analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, Equity Residential presently has a consensus rating of “Hold” and a consensus price target of $69.63.

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.