Aberdeen Group plc Sells 9,409 Shares of Equity Residential $EQR

Aberdeen Group plc lessened its stake in Equity Residential (NYSE:EQR) by 1.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 558,999 shares of the real estate investment trust’s stock after selling 9,409 shares during the quarter. Aberdeen Group plc owned 0.15% of Equity Residential worth $35,239,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Empowered Funds LLC raised its position in Equity Residential by 3.1% in the 1st quarter. Empowered Funds LLC now owns 7,489 shares of the real estate investment trust’s stock valued at $536,000 after buying an additional 226 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Equity Residential by 166.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,612 shares of the real estate investment trust’s stock worth $244,000 after acquiring an additional 2,255 shares during the last quarter. M&T Bank Corp grew its stake in shares of Equity Residential by 5.1% during the 2nd quarter. M&T Bank Corp now owns 40,116 shares of the real estate investment trust’s stock worth $2,707,000 after acquiring an additional 1,962 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Equity Residential by 90.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 253,637 shares of the real estate investment trust’s stock valued at $17,118,000 after purchasing an additional 120,588 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Equity Residential by 6.8% in the second quarter. EverSource Wealth Advisors LLC now owns 4,030 shares of the real estate investment trust’s stock valued at $272,000 after purchasing an additional 257 shares during the last quarter. Institutional investors own 92.68% of the company’s stock.

Equity Residential Price Performance

Shares of EQR opened at $60.33 on Friday. The company has a market cap of $22.78 billion, a price-to-earnings ratio of 20.59, a PEG ratio of 4.55 and a beta of 0.73. Equity Residential has a 1-year low of $57.57 and a 1-year high of $72.40. The company’s fifty day simple moving average is $61.72 and its 200 day simple moving average is $61.75. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.73.

Equity Residential (NYSE:EQR) last announced 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). The firm had revenue of $781.91 million during the quarter, compared to analyst estimates of $786.35 million. Equity Residential had a net margin of 36.20% and a return on equity of 9.98%. The business’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.00 EPS. 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. On average, research analysts forecast that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Equity Residential Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Monday, March 30th will be given a dividend of $0.7025 per share. This represents a $2.81 dividend on an annualized basis and a yield of 4.7%. This is a boost from Equity Residential’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend is Monday, March 30th. Equity Residential’s dividend payout ratio (DPR) is presently 95.90%.

Insider Buying and Selling at Equity Residential

In other Equity Residential news, EVP Robert Garechana sold 3,637 shares of the company’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 value of $236,877.81. Following the sale, the executive vice president owned 18,740 shares in the company, valued at $1,220,536.20. This represents a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Michael L. Manelis sold 5,765 shares of the firm’s stock in a transaction that occurred 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 approximately $3,004,512.03. The trade was a 11.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 10,058 shares of company stock worth $655,078 over the last 90 days. Company insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on EQR shares. Deutsche Bank Aktiengesellschaft cut shares of Equity Residential from a “buy” rating to a “hold” rating and set a $63.00 target price for the company. in a report on Tuesday, January 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Equity Residential in a research note on Thursday, January 22nd. BMO Capital Markets cut shares of Equity Residential from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $70.00 to $68.00 in a research report on Friday, January 9th. Cantor Fitzgerald increased their price objective on shares of Equity Residential from $61.00 to $64.00 and gave the stock a “neutral” rating in a research note on Monday, February 9th. Finally, Barclays decreased their price objective on Equity Residential from $78.00 to $75.00 and set an “overweight” rating for the company in a report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $69.73.

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.