Wealthfront Advisers LLC Purchases 18,618 Shares of Equity Residential $EQR

Wealthfront Advisers LLC grew its position in shares of Equity Residential (NYSE:EQR) by 78.7% in the third quarter, Holdings Channel reports. The firm owned 42,275 shares of the real estate investment trust’s stock after purchasing an additional 18,618 shares during the period. Wealthfront Advisers LLC’s holdings in Equity Residential were worth $2,736,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Collier Financial bought a new stake in Equity Residential during the third quarter valued at $26,000. CVA Family Office LLC raised its holdings in shares of Equity Residential by 425.3% in the 2nd quarter. CVA Family Office LLC now owns 415 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 336 shares in the last quarter. Hantz Financial Services Inc. boosted its position in shares of Equity Residential by 434.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 540 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 439 shares during the last quarter. FNY Investment Advisers LLC grew its holdings in shares of Equity Residential by 1,000.0% during the second quarter. FNY Investment Advisers LLC now owns 660 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 600 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew 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 worth $50,000 after purchasing an additional 523 shares in the last quarter. Institutional investors own 92.68% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on EQR. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Equity Residential in a research note on Thursday, January 22nd. Barclays reissued an “overweight” rating and issued a $78.00 price target on shares of Equity Residential in a report on Tuesday, January 13th. Evercore dropped their price objective on shares of Equity Residential from $70.00 to $68.00 and set an “outperform” rating for the company in a report on Monday, November 3rd. Royal Bank Of Canada reduced their target price on Equity Residential from $70.00 to $68.00 and set an “outperform” rating on the stock in a research note on Thursday, January 15th. Finally, Stifel Nicolaus set a $78.50 price target on Equity Residential in a research note on Friday, February 6th. Seven equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $69.68.

Insider Buying and Selling

In other news, EVP Robert Garechana sold 3,637 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $236,877.81. Following the completion of the sale, the executive vice president owned 18,740 shares of the company’s stock, valued at approximately $1,220,536.20. This represents a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Catherine Carraway sold 656 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $42,725.28. Following the completion of the transaction, the executive vice president owned 18,339 shares in the company, valued at $1,194,419.07. This represents a 3.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,058 shares of company stock worth $655,078 in the last ninety days. 1.10% of the stock is owned by insiders.

Equity Residential Price Performance

EQR stock opened at $63.82 on Friday. The firm has a market cap of $24.28 billion, a P/E ratio of 21.78, a P/E/G ratio of 4.74 and a beta of 0.76. The firm’s fifty day moving average is $62.04 and its 200 day moving average is $62.62. Equity Residential has a 52 week low of $58.38 and a 52 week high of $75.86. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.45 and a current ratio of 0.31.

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

Equity Residential Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 2nd were given a dividend of $0.6925 per share. This represents a $2.77 annualized dividend and a yield of 4.3%. The ex-dividend date was Friday, January 2nd. Equity Residential’s dividend payout ratio (DPR) is presently 94.54%.

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.