ABN Amro Investment Solutions Invests $18.05 Million in Equinix, Inc. $EQIX

ABN Amro Investment Solutions purchased a new stake in shares of Equinix, Inc. (NASDAQ:EQIX) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 22,687 shares of the financial services provider’s stock, valued at approximately $18,047,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Candriam S.C.A. grew its holdings in Equinix by 45.4% during the second quarter. Candriam S.C.A. now owns 42,969 shares of the financial services provider’s stock valued at $34,182,000 after purchasing an additional 13,422 shares during the period. Impax Asset Management Group plc purchased a new position in shares of Equinix during the 2nd quarter valued at about $924,000. Police & Firemen s Retirement System of New Jersey lifted its position in shares of Equinix by 5.8% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 14,836 shares of the financial services provider’s stock valued at $11,802,000 after buying an additional 818 shares in the last quarter. ABC Arbitrage SA bought a new position in shares of Equinix during the 2nd quarter valued at approximately $2,130,000. Finally, Tobam increased its holdings in Equinix by 5,050.0% in the 2nd quarter. Tobam now owns 103 shares of the financial services provider’s stock worth $82,000 after acquiring an additional 101 shares in the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Equinix Trading Down 1.0%

NASDAQ:EQIX opened at $813.24 on Thursday. The stock’s 50-day moving average is $803.42 and its two-hundred day moving average is $818.06. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.54 and a quick ratio of 1.54. The stock has a market cap of $79.85 billion, a PE ratio of 74.47, a price-to-earnings-growth ratio of 1.38 and a beta of 0.92. Equinix, Inc. has a fifty-two week low of $701.41 and a fifty-two week high of $994.03.

Equinix (NASDAQ:EQIX) last released its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $9.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.27 by $0.56. Equinix had a net margin of 11.82% and a return on equity of 7.74%. The business had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.33 billion. During the same quarter in the previous year, the business earned $9.05 EPS. Equinix’s quarterly revenue was up 5.2% compared to the same quarter last year. Equinix has set its Q4 2025 guidance at EPS. FY 2025 guidance at 37.950-38.77 EPS. As a group, equities research analysts forecast that Equinix, Inc. will post 33.1 earnings per share for the current fiscal year.

Equinix Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 19th will be paid a $4.69 dividend. This represents a $18.76 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Wednesday, November 19th. Equinix’s payout ratio is currently 171.79%.

Analyst Upgrades and Downgrades

EQIX has been the topic of a number of recent analyst reports. Citigroup reissued a “market outperform” rating on shares of Equinix in a report on Tuesday, November 4th. Zacks Research upgraded Equinix from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. TD Cowen lifted their price target on shares of Equinix from $993.00 to $995.00 and gave the company a “buy” rating in a report on Thursday, October 30th. BMO Capital Markets set a $900.00 price objective on Equinix and gave the company a “market perform” rating in a research report on Thursday, October 30th. Finally, JPMorgan Chase & Co. lifted their target price on Equinix from $940.00 to $950.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Five research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Equinix currently has a consensus rating of “Buy” and an average price target of $960.76.

Insider Transactions at Equinix

In other Equinix news, Director Christopher B. Paisley sold 75 shares of the business’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 completion of the sale, the director directly owned 17,832 shares of the company’s stock, valued at approximately $13,935,708. The trade was a 0.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Raouf Abdel sold 404 shares of the stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $771.11, for a total value of $311,528.44. Following the completion of the transaction, the executive vice president directly owned 6,378 shares in the company, valued at $4,918,139.58. The trade was a 5.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 579 shares of company stock valued at $454,188. 0.27% of the stock is owned by insiders.

Equinix 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.