Robeco Institutional Asset Management B.V. Has $48.16 Million Holdings in Equinix, Inc. $EQIX

Key Points

• Robeco Institutional Asset Management B.V. increased its stake in Equinix, Inc. by 11.9%, now holding shares worth approximately $48.16 million.
• Several institutional investors, including Nuveen LLC and JPMorgan Chase & Co., have made significant investments in Equinix, with institutional ownership now at 94.94%.
• Equinix recently declared a quarterly dividend of $4.69 per share, representing an annualized yield of 2.4%, despite a high dividend payout ratio of 183.74%.

Robeco Institutional Asset Management B.V. increased its position in shares of Equinix, Inc. (NASDAQ:EQIX - Free Report) by 11.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 60,537 shares of the financial services provider's stock after buying an additional 6,451 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.06% of Equinix worth $48,155,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Nuveen LLC acquired a new position in Equinix during the first quarter valued at approximately $662,663,000. JPMorgan Chase & Co. raised its stake in shares of Equinix by 22.5% during the 1st quarter. JPMorgan Chase & Co. now owns 1,590,568 shares of the financial services provider's stock worth $1,296,871,000 after purchasing an additional 291,753 shares in the last quarter. National Bank of Canada FI boosted its holdings in shares of Equinix by 169.7% in the 1st quarter. National Bank of Canada FI now owns 394,223 shares of the financial services provider's stock valued at $321,427,000 after buying an additional 248,075 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Equinix by 1.9% in the first 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. Finally, Amundi increased its holdings in Equinix by 21.6% during the first quarter. Amundi now owns 1,068,003 shares of the financial services provider's stock worth $856,637,000 after buying an additional 189,383 shares during the last quarter. Institutional investors own 94.94% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on EQIX shares. Mizuho decreased their price objective on shares of Equinix from $1,069.00 to $900.00 and set an "outperform" rating for the company in a research report on Tuesday, July 1st. UBS Group cut their target price on shares of Equinix from $1,035.00 to $950.00 and set a "buy" rating for the company in a research note on Friday, July 11th. Weiss Ratings reiterated a "hold (c)" rating on shares of Equinix in a report on Saturday, September 27th. Wolfe Research lowered Equinix from an "outperform" rating to a "peer perform" rating in a research note on Monday, June 9th. Finally, Bank of America decreased their target price on Equinix from $1,000.00 to $950.00 and set a "buy" rating on the stock in a report on Thursday, June 26th. Four equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $960.65.

Insider Activity at Equinix

In other news, EVP Raouf Abdel sold 404 shares of the stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $771.11, for a total transaction of $311,528.44. Following the transaction, the executive vice president owned 6,378 shares of the company's stock, valued at $4,918,139.58. This represents a 5.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Christopher B. Paisley sold 75 shares of the 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 approximately $13,935,708. This 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 Stock Up 0.8%

Shares of NASDAQ:EQIX opened at $778.74 on Friday. Equinix, Inc. has a 52-week low of $701.41 and a 52-week high of $994.03. The company has a market capitalization of $76.21 billion, a PE ratio of 76.27, a price-to-earnings-growth ratio of 1.38 and a beta of 0.92. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.54 and a current ratio of 1.54. The company has a fifty day moving average of $782.18 and a 200-day moving average of $814.49.

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

Equinix Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, August 20th were issued a dividend of $4.69 per share. This represents a $18.76 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Wednesday, August 20th. Equinix's dividend payout ratio is presently 183.74%.

Equinix 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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