B. Metzler seel. Sohn & Co. AG Has $6.98 Million Stake in Equinix, Inc. $EQIX

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in Equinix, Inc. by 39.4% in Q1, raising its holdings to 8,563 shares worth approximately $6.98 million.
• Equinix has recently reported earnings of $9.91 per share, significantly surpassing analysts' expectations, with a revenue of $2.26 billion for the quarter.
• The company will pay a quarterly dividend of $4.69 per share on September 17th, with a current payout ratio of 183.74%.

B. Metzler seel. Sohn & Co. AG lifted its stake in Equinix, Inc. (NASDAQ:EQIX - Free Report) by 39.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,563 shares of the financial services provider's stock after buying an additional 2,420 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Equinix were worth $6,982,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Pinney & Scofield Inc. acquired a new position in shares of Equinix in the 4th quarter worth approximately $28,000. GKV Capital Management Co. Inc. acquired a new position in shares of Equinix in the 1st quarter worth approximately $30,000. Whipplewood Advisors LLC increased its holdings in Equinix by 127.8% during the 1st quarter. Whipplewood Advisors LLC now owns 41 shares of the financial services provider's stock valued at $33,000 after purchasing an additional 23 shares in the last quarter. Cornerstone Planning Group LLC increased its holdings in Equinix by 40.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 42 shares of the financial services provider's stock valued at $34,000 after purchasing an additional 12 shares in the last quarter. Finally, Pacific Center for Financial Services increased its holdings in Equinix by 65.2% during the 4th quarter. Pacific Center for Financial Services now owns 38 shares of the financial services provider's stock valued at $36,000 after purchasing an additional 15 shares in the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Equinix

In other news, CEO Adaire Fox-Martin sold 2,949 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $884.91, for a total value of $2,609,599.59. Following the transaction, the chief executive officer directly owned 9,615 shares in the company, valued at $8,508,409.65. This trade represents a 23.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Christopher B. Paisley sold 75 shares of the firm's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $781.50, for a total value of $58,612.50. Following the completion of the transaction, the director owned 17,832 shares in the company, valued at $13,935,708. This represents a 0.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.27% of the stock is owned by company insiders.

Equinix Trading Down 0.0%

Shares of NASDAQ EQIX traded down $0.16 during midday trading on Monday, hitting $786.19. The stock had a trading volume of 321,930 shares, compared to its average volume of 389,100. The company's 50-day simple moving average is $786.16 and its 200 day simple moving average is $832.52. The firm has a market cap of $76.94 billion, a P/E ratio of 77.00, a price-to-earnings-growth ratio of 1.40 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. 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 (NASDAQ:EQIX - Get Free Report) last released its earnings results on Wednesday, July 30th. The financial services provider reported $9.91 EPS for the quarter, beating the consensus estimate of $3.49 by $6.42. Equinix had a return on equity of 7.22% and a net margin of 11.11%.The company had revenue of $2.26 billion during the quarter, compared to analysts' expectations of $2.26 billion. During the same period last year, the firm earned $9.22 EPS. The business's revenue for the quarter 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. Research analysts anticipate that Equinix, Inc. will post 33.1 EPS for the current year.

Equinix Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, August 20th will be given a $4.69 dividend. This represents a $18.76 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Wednesday, August 20th. Equinix's dividend payout ratio (DPR) is currently 183.74%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on EQIX. JMP Securities reaffirmed a "market outperform" rating and set a $1,200.00 price target on shares of Equinix in a report on Tuesday, July 22nd. Barclays raised their price target on Equinix from $798.00 to $804.00 and gave the company an "equal weight" rating in a report on Wednesday, August 20th. Bank of America dropped their price target on Equinix from $1,000.00 to $950.00 and set a "buy" rating for the company in a report on Thursday, June 26th. Truist Financial raised their price target on Equinix from $904.00 to $961.00 and gave the company a "buy" rating in a report on Thursday, August 7th. Finally, Wall Street Zen cut Equinix from a "hold" rating to a "sell" rating in a report on Saturday, August 16th. Five equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $962.52.

About Equinix

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.