Commerzbank Aktiengesellschaft FI Purchases 1,541 Shares of Equinix, Inc. $EQIX

Key Points

• Commerzbank Aktiengesellschaft FI increased its holdings in Equinix, Inc. by 47.7%, purchasing an additional 1,541 shares, bringing their total ownership to 4,774 shares valued at $3,798,000.
• Equinix recently reported $9.91 earnings per share (EPS) for the quarter, surpassing analysts' expectations by $6.42 and indicating a 4.5% year-over-year revenue growth.
• The company declared a quarterly dividend of $4.69, translating to an annual yield of 2.3%, although its dividend payout ratio stands at a high 183.74%.

Commerzbank Aktiengesellschaft FI lifted its position in Equinix, Inc. (NASDAQ:EQIX - Free Report) by 47.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,774 shares of the financial services provider's stock after buying an additional 1,541 shares during the period. Commerzbank Aktiengesellschaft FI's holdings in Equinix were worth $3,798,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Equinix by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 12,906,820 shares of the financial services provider's stock valued at $10,523,576,000 after buying an additional 242,121 shares in the last quarter. Valeo Financial Advisors LLC increased its position in shares of Equinix by 298,148.6% in the 2nd quarter. Valeo Financial Advisors LLC now owns 8,157,100 shares of the financial services provider's stock valued at $6,488,728,000 after buying an additional 8,154,365 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Equinix by 22.5% in the 1st quarter. JPMorgan Chase & Co. now owns 1,590,568 shares of the financial services provider's stock valued at $1,296,871,000 after buying an additional 291,753 shares in the last quarter. Northern Trust Corp increased its position in shares of Equinix by 2.7% in the 1st quarter. Northern Trust Corp now owns 1,524,515 shares of the financial services provider's stock valued at $1,243,013,000 after buying an additional 40,734 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Equinix by 1.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,333,635 shares of the financial services provider's stock valued at $1,087,334,000 after buying an additional 25,290 shares in the last quarter. Institutional investors own 94.94% of the company's stock.

Equinix Price Performance

Shares of NASDAQ EQIX opened at $808.33 on Friday. The stock has a market capitalization of $79.10 billion, a price-to-earnings ratio of 79.17, a PEG ratio of 1.43 and a beta of 0.92. The business has a 50-day moving average of $782.22 and a 200-day moving average of $813.07. 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, Inc. has a fifty-two week low of $701.41 and a fifty-two week high of $994.03.

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

Equinix Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, August 20th were paid a $4.69 dividend. This represents a $18.76 annualized dividend and a yield of 2.3%. The ex-dividend date was Wednesday, August 20th. Equinix's dividend payout ratio (DPR) is 183.74%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Mizuho reduced their target price on shares of Equinix from $1,069.00 to $900.00 and set an "outperform" rating for the company in a research note on Tuesday, July 1st. JPMorgan Chase & Co. upped their target price on shares of Equinix from $935.00 to $940.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. JMP Securities reaffirmed a "market outperform" rating and issued a $1,200.00 target price on shares of Equinix in a research note on Tuesday, July 22nd. Wall Street Zen raised shares of Equinix from a "sell" rating to a "hold" rating in a research note on Friday, October 3rd. Finally, Bank of America reduced their target price on shares of Equinix from $1,000.00 to $950.00 and set a "buy" rating for the company in a research note on Thursday, June 26th. Four investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $960.65.

Insider Activity

In related news, EVP Raouf Abdel sold 404 shares of the firm's 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 sale, 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Christopher B. Paisley sold 75 shares of the firm's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $781.50, for a total transaction of $58,612.50. Following the completion of the sale, the director owned 17,832 shares of the company's stock, valued at $13,935,708. This trade represents a 0.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.27% of the company's stock.

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.

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