Swedbank AB Reduces Position in Equinix, Inc. $EQIX

Key Points

• Swedbank AB trimmed its stake in Equinix by 17.1% in Q4, selling 23,392 shares and now holds 113,401 shares worth about $86.9 million (roughly 0.12% of the company); overall institutional investors own 94.94% of Equinix.
• Equinix beat EPS expectations with $10.79 vs. $4.30 consensus, gave FY2026 EPS guidance of 42.310–43.110, and declared a quarterly dividend of $5.16 ($20.64 annualized, ~1.9% yield).

Swedbank AB trimmed its position in Equinix, Inc. (NASDAQ:EQIX - Free Report) by 17.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 113,401 shares of the financial services provider's stock after selling 23,392 shares during the period. Swedbank AB owned 0.12% of Equinix worth $86,883,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in Equinix by 28.9% during the 4th quarter. Brighton Jones LLC now owns 326 shares of the financial services provider's stock valued at $307,000 after purchasing an additional 73 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of Equinix by 11.5% in the first quarter. Integrated Wealth Concepts LLC now owns 522 shares of the financial services provider's stock worth $425,000 after purchasing an additional 54 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Equinix by 21.8% during the first quarter. Empowered Funds LLC now owns 3,050 shares of the financial services provider's stock worth $2,487,000 after purchasing an additional 546 shares during the period. Schnieders Capital Management LLC. acquired a new stake in shares of Equinix during the second quarter worth about $231,000. Finally, Brown Advisory Inc. boosted its position in Equinix by 2.8% in the second quarter. Brown Advisory Inc. now owns 1,074 shares of the financial services provider's stock valued at $854,000 after buying an additional 29 shares during the last quarter. Hedge funds and other institutional investors own 94.94% of the company's stock.

Insiders Place Their Bets

In other news, insider Jonathan Lin sold 635 shares of the firm's stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $965.71, for a total value of $613,225.85. Following the completion of the transaction, the insider owned 10,788 shares of the company's stock, valued at approximately $10,418,079.48. This trade represents a 5.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Adaire Fox-Martin sold 1,086 shares of the company's stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $966.20, for a total transaction of $1,049,293.20. Following the sale, the chief executive officer directly owned 19,574 shares in the company, valued at approximately $18,912,398.80. The trade was a 5.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 6,380 shares of company stock valued at $6,179,022. 0.27% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on EQIX shares. Cantor Fitzgerald raised their price target on shares of Equinix from $1,173.00 to $1,186.00 and gave the stock an "overweight" rating in a research report on Friday, May 1st. Evercore reaffirmed an "outperform" rating and issued a $1,240.00 price objective on shares of Equinix in a report on Tuesday, April 28th. UBS Group increased their price objective on shares of Equinix from $950.00 to $1,010.00 and gave the stock a "buy" rating in a research note on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $1,207.00 target price on shares of Equinix in a report on Tuesday. Finally, Guggenheim raised their price objective on Equinix from $985.00 to $1,235.00 and gave the company a "buy" rating in a report on Monday, April 27th. Four analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Equinix has a consensus rating of "Moderate Buy" and a consensus price target of $1,131.60.

Equinix Stock Performance

NASDAQ EQIX opened at $1,088.73 on Thursday. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.18 and a quick ratio of 1.18. The stock's 50 day simple moving average is $1,010.82 and its 200-day simple moving average is $875.44. The company has a market cap of $107.37 billion, a PE ratio of 75.34, a price-to-earnings-growth ratio of 2.07 and a beta of 1.01. Equinix, Inc. has a 1-year low of $710.52 and a 1-year high of $1,128.68.

Equinix (NASDAQ:EQIX - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $10.79 EPS for the quarter, beating the consensus estimate of $4.30 by $6.49. Equinix had a return on equity of 10.03% and a net margin of 15.07%.The firm had revenue of $2.44 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the prior year, the company earned $9.67 EPS. The firm's revenue was up 9.8% compared to the same quarter last year. Equinix has set its FY 2026 guidance at 42.310-43.110 EPS. As a group, equities research analysts anticipate that Equinix, Inc. will post 37.72 EPS for the current fiscal year.

Equinix Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Wednesday, May 20th will be given a dividend of $5.16 per share. This represents a $20.64 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Wednesday, May 20th. Equinix's dividend payout ratio is currently 142.84%.

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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