Bank of Montreal Can boosted its stake in Equinix, Inc. (NASDAQ:EQIX – Free Report) by 42.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 142,333 shares of the financial services provider’s stock after buying an additional 42,618 shares during the period. Bank of Montreal Can owned approximately 0.14% of Equinix worth $111,481,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the stock. Norges Bank purchased a new position in shares of Equinix during the 2nd quarter worth approximately $892,431,000. JPMorgan Chase & Co. grew its stake in shares of Equinix by 25.8% in the third quarter. JPMorgan Chase & Co. now owns 2,875,355 shares of the financial services provider’s stock valued at $2,252,094,000 after buying an additional 588,967 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Equinix by 1.7% in the second quarter. Vanguard Group Inc. now owns 13,129,041 shares of the financial services provider’s stock valued at $10,443,758,000 after buying an additional 222,221 shares in the last quarter. State Street Corp raised its holdings in shares of Equinix by 3.7% in the 2nd quarter. State Street Corp now owns 6,249,780 shares of the financial services provider’s stock valued at $4,971,512,000 after buying an additional 220,981 shares during the period. Finally, ABN AMRO Bank N.V. purchased a new stake in shares of Equinix in the 2nd quarter valued at $172,581,000. Hedge funds and other institutional investors own 94.94% of the company’s stock.
More Equinix News
Here are the key news stories impacting Equinix this week:
- Positive Sentiment: Equinix launched the Distributed AI Hub (with Palo Alto Networks integration) to simplify and secure enterprise AI infrastructure — a direct product that can drive incremental demand from AI projects and increase interconnection revenue. Equinix Unveils the Distributed AI Hub to Simplify and Secure Enterprise AI Infrastructure
- Positive Sentiment: Bernstein initiated coverage with an Outperform and a $1,128 price target, labeling Equinix a “data center juggernaut” — this fresh buy-side thesis and price target can attract institutional demand. Bernstein launches coverage of Equinix (EQIX), calls it a data center juggernaut
- Positive Sentiment: Analyst commentary and features (Zacks, The Motley Fool) highlight AI-driven revenue upside — including commentary that Equinix is positioned to capture AI capex and rent from enterprise/cloud customers — supporting a growth narrative. This Artificial Intelligence (AI) Stock Just Projected $10 Billion in Revenue for 2026. Here’s Why It’s Just Getting Started.
- Positive Sentiment: Zacks published a bullish “5 reasons” piece emphasizing recurring revenue, global scale, and AI demand — reinforcing the investment case and investor sentiment. 5 Reasons That Make Equinix Stock a Solid Portfolio Pick Now
- Positive Sentiment: Equinix named Olivier Leonetti as its next CFO (effective March 16) — orderly succession reduces execution risk around financial strategy and may reassure investors. Equinix Names Olivier Leonetti as Company’s Next Chief Financial Officer
- Positive Sentiment: Technicals flashed a bullish “golden cross” / move above short-term moving averages, which can trigger momentum buying from traders. Equinix (EQIX) Just Flashed Golden Cross Signal: Do You Buy?
- Neutral Sentiment: Short interest data is mixed: a material decline was reported through Feb. 27 (down ~27% to ~1.92M shares, ~2% of float), which is bullish, but a later entry shows inconsistent/zero values — treat the March short-interest note with caution. (short-interest filings)
- Neutral Sentiment: Coverage roundup: Zacks noted Equinix “ascended while market fell” — an observation of price strength but not a standalone fundamental driver. Equinix (EQIX) Ascends While Market Falls: Some Facts to Note
Analyst Ratings Changes
View Our Latest Stock Analysis on Equinix
Insider Activity at Equinix
In related news, insider Brandi Galvin Morandi sold 1,333 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $804.25, for a total transaction of $1,072,065.25. Following the completion of the transaction, the insider owned 9,551 shares in the company, valued at approximately $7,681,391.75. The trade was a 12.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Adaire Fox-Martin sold 2,670 shares of the business’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $804.08, for a total transaction of $2,146,893.60. Following the transaction, the chief executive officer owned 14,857 shares of the company’s stock, valued at approximately $11,946,216.56. The trade was a 15.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 13,602 shares of company stock worth $11,369,645 over the last ninety days. 0.27% of the stock is currently owned by insiders.
Equinix Price Performance
EQIX stock opened at $973.43 on Thursday. The business’s 50-day moving average is $863.56 and its two-hundred day moving average is $811.24. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.32 and a quick ratio of 1.32. The firm has a market capitalization of $95.64 billion, a P/E ratio of 70.79, a P/E/G ratio of 2.46 and a beta of 1.04. Equinix, Inc. has a 1 year low of $701.41 and a 1 year high of $992.90.
Equinix (NASDAQ:EQIX – Get Free Report) last announced its quarterly earnings data on Wednesday, February 11th. The financial services provider reported $8.91 EPS for the quarter, missing analysts’ consensus estimates of $9.07 by ($0.16). Equinix had a return on equity of 9.60% and a net margin of 14.65%.The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same period in the prior year, the firm posted $7.92 earnings per share. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. Analysts anticipate that Equinix, Inc. will post 33.1 earnings per share for the current fiscal year.
Equinix Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, February 25th will be issued a dividend of $5.16 per share. This is a boost from Equinix’s previous quarterly dividend of $4.69. The ex-dividend date is Wednesday, February 25th. This represents a $20.64 annualized dividend and a yield of 2.1%. Equinix’s dividend payout ratio (DPR) is presently 150.11%.
Equinix Company Profile
Equinix, Inc is a global provider of digital infrastructure and interconnection services, specializing in carrier-neutral data centers and colocation. The company operates a platform that enables enterprises, cloud and network service providers, and content companies to colocate IT infrastructure, interconnect directly with partners and providers, and access cloud on-ramps and network services in a secure, low-latency environment.
Equinix’s offerings include traditional colocation space and power, cross-connects and meet-me rooms, and a suite of connectivity and on-demand services designed for hybrid multicloud architectures.
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