EP Wealth Advisors LLC Takes $1.05 Million Position in Equinix, Inc. $EQIX

Key Points

• EP Wealth Advisors purchased a new $1.05 million stake in Equinix during the second quarter, buying 1,003 shares. Institutional investors and hedge funds collectively own 94.94% of the company.
• Equinix reported strong quarterly results, with revenue rising 16.4% year over year to $2.62 billion and EPS of $11.78, well above the $4.73 consensus estimate. The company also issued full-year 2026 EPS guidance of $42.69–$43.29.
• Analysts remain broadly positive, with Equinix carrying a “Moderate Buy” consensus rating and an average price target of $1,203.40. The company declared a quarterly dividend of $5.16 per share, equivalent to a 1.9% annualized yield.

EP Wealth Advisors LLC purchased a new stake in shares of Equinix, Inc. (NASDAQ:EQIX - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,003 shares of the financial services provider's stock, valued at approximately $1,046,000.

Several other hedge funds have also recently made changes to their positions in EQIX. Avion Wealth raised its stake in shares of Equinix by 73.3% in the first quarter. Avion Wealth now owns 26 shares of the financial services provider's stock worth $25,000 after purchasing an additional 11 shares during the last quarter. Elevation Wealth Partners LLC raised its holdings in Equinix by 166.7% in the 2nd quarter. Elevation Wealth Partners LLC now owns 24 shares of the financial services provider's stock worth $25,000 after purchasing an additional 15 shares during the period. Kemnay Advisory Services Inc. purchased a new stake in Equinix in the 4th quarter worth $30,000. Physician Wealth Advisors Inc. lifted its holdings in Equinix by 266.7% during the first quarter. Physician Wealth Advisors Inc. now owns 33 shares of the financial services provider's stock valued at $32,000 after purchasing an additional 24 shares in the last quarter. Finally, Trust Co. of Vermont purchased a new stake in shares of Equinix during the second quarter worth approximately $34,000. 94.94% of the stock is owned by institutional investors and hedge funds.

Equinix Stock Performance

Shares of NASDAQ EQIX opened at $1,065.39 on Monday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $105.12 billion, a price-to-earnings ratio of 68.60, a PEG ratio of 1.51 and a beta of 0.99. The stock's fifty day simple moving average is $1,052.66 and its 200 day simple moving average is $1,023.98. Equinix, Inc. has a 52-week low of $720.62 and a 52-week high of $1,128.68.

Equinix (NASDAQ:EQIX - Get Free Report) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $11.78 EPS for the quarter, beating the consensus estimate of $4.73 by $7.05. The business had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.59 billion. Equinix had a return on equity of 10.76% and a net margin of 15.64%.Equinix's revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the business posted $9.91 earnings per share. Equinix has set its FY 2026 guidance at 42.690-43.290 EPS. As a group, sell-side analysts forecast that Equinix, Inc. will post 38.23 earnings per share for the current fiscal year.

Equinix Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, August 19th will be given a dividend of $5.16 per share. This represents a $20.64 annualized dividend and a yield of 1.9%. The ex-dividend date is Wednesday, August 19th. Equinix's payout ratio is presently 132.90%.

Insider Buying and Selling at Equinix

In other news, Director Christopher B. Paisley sold 125 shares of the company's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $1,103.58, for a total value of $137,947.50. Following the transaction, the director owned 13,734 shares in the company, valued at $15,156,567.72. This represents a 0.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brandi Galvin Morandi sold 3,726 shares of the firm's stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $1,076.36, for a total transaction of $4,010,517.36. Following the sale, the insider owned 6,132 shares of the company's stock, valued at approximately $6,600,239.52. This represents a 37.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 7,986 shares of company stock valued at $8,370,777 in the last three months. 0.27% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Cantor Fitzgerald upped their price target on Equinix from $1,186.00 to $1,211.00 and gave the stock an "overweight" rating in a report on Thursday, July 30th. Citigroup reaffirmed a "market outperform" rating on shares of Equinix in a report on Tuesday, August 4th. Royal Bank Of Canada boosted their price target on Equinix from $1,125.00 to $1,225.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 5th. Scotiabank restated a "sector perform" rating and set a $1,208.00 target price on shares of Equinix in a research note on Thursday, July 30th. Finally, Stifel Nicolaus raised their price objective on Equinix from $1,250.00 to $1,265.00 and gave the company a "buy" rating in a research note on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Equinix has an average rating of "Moderate Buy" and a consensus target price of $1,203.40.

About Equinix

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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