Intech Investment Management LLC Grows Position in Equinix, Inc. $EQIX

Intech Investment Management LLC grew its position in shares of Equinix, Inc. (NASDAQ:EQIX) by 10.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,094 shares of the financial services provider’s stock after buying an additional 305 shares during the quarter. Intech Investment Management LLC’s holdings in Equinix were worth $2,523,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. Focus Partners Wealth raised its stake in shares of Equinix by 19.4% in the first quarter. Focus Partners Wealth now owns 2,573 shares of the financial services provider’s stock worth $2,098,000 after buying an additional 418 shares during the period. Integrity Alliance LLC. purchased a new position in shares of Equinix in the first quarter valued at $786,000. Bayforest Capital Ltd purchased a new position in shares of Equinix in the first quarter valued at $166,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Equinix by 8.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,243,446 shares of the financial services provider’s stock worth $1,013,844,000 after buying an additional 95,887 shares during the period. Finally, Zimmer Partners LP purchased a new position in Equinix during the first quarter worth $82,000. 94.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Stifel Nicolaus dropped their price objective on shares of 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. Dbs Bank upgraded Equinix to a “moderate buy” rating in a report on Wednesday, August 6th. JMP Securities reiterated a “market outperform” rating and issued a $1,200.00 target price on shares of Equinix in a report on Tuesday, July 22nd. UBS Group reduced their target price on shares of Equinix from $1,035.00 to $950.00 and set a “buy” rating for the company in a report on Friday, July 11th. Finally, JPMorgan Chase & Co. boosted their price target on Equinix from $935.00 to $940.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Five research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $962.52.

Equinix Stock Performance

Shares of Equinix stock opened at $791.68 on Tuesday. The business has a 50-day moving average of $779.67 and a 200 day moving average of $821.51. Equinix, Inc. has a 12 month low of $701.41 and a 12 month high of $994.03. The stock has a market capitalization of $77.47 billion, a price-to-earnings ratio of 77.54, a price-to-earnings-growth ratio of 1.41 and a beta of 0.92. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.54 and a quick ratio of 1.54.

Equinix (NASDAQ:EQIX) last announced its earnings results on Wednesday, July 30th. The financial services provider reported $9.91 EPS for the quarter, beating analysts’ consensus estimates of $3.49 by $6.42. The company had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.26 billion. Equinix had a return on equity of 7.22% and a net margin of 11.11%.Equinix’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period last year, the business posted $9.22 EPS. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. As a group, sell-side analysts forecast that Equinix, Inc. will post 33.1 earnings per share for the current year.

Equinix Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, August 20th will be given a dividend of $4.69 per share. This represents a $18.76 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, August 20th. Equinix’s dividend payout ratio (DPR) is 183.74%.

Insider Activity

In other news, Director Christopher B. Paisley sold 75 shares of the firm’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $781.50, for a total transaction of $58,612.50. Following the sale, the director owned 17,832 shares of the company’s stock, valued at approximately $13,935,708. This trade represents a 0.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Raouf Abdel sold 404 shares of Equinix stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $771.11, for a total value of $311,528.44. Following the transaction, the executive vice president directly owned 6,378 shares in the company, valued at approximately $4,918,139.58. This trade represents a 5.96% decrease in their position. The disclosure for this sale can be found here. 0.27% of the stock is currently owned by company insiders.

Equinix Company 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.