Equinix, Inc. $EQIX Holdings Increased by Accretive Wealth Partners LLC

Accretive Wealth Partners LLC grew its stake in shares of Equinix, Inc. (NASDAQ:EQIX) by 1.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,066 shares of the financial services provider’s stock after buying an additional 31 shares during the quarter. Accretive Wealth Partners LLC’s holdings in Equinix were worth $1,643,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Calamos Wealth Management LLC bought a new stake in shares of Equinix during the 2nd quarter worth about $925,000. Chicago Partners Investment Group LLC raised its position in shares of Equinix by 34.0% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 355 shares of the financial services provider’s stock worth $283,000 after buying an additional 90 shares in the last quarter. Wendell David Associates Inc. raised its position in shares of Equinix by 1.0% during the 2nd quarter. Wendell David Associates Inc. now owns 4,376 shares of the financial services provider’s stock worth $3,481,000 after buying an additional 44 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Equinix during the 2nd quarter worth about $41,049,000. Finally, CapWealth Advisors LLC raised its position in shares of Equinix by 1.1% during the 2nd quarter. CapWealth Advisors LLC now owns 24,410 shares of the financial services provider’s stock worth $19,417,000 after buying an additional 261 shares in the last quarter. 94.94% of the stock is currently owned by institutional investors.

Equinix Stock Performance

Shares of EQIX opened at $813.93 on Monday. The company’s 50 day moving average price is $786.53 and its 200 day moving average price is $812.61. 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 $79.65 billion, a PE ratio of 79.72, a PEG ratio of 1.41 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.

Equinix (NASDAQ:EQIX) last announced its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $9.91 EPS for the quarter, beating analysts’ consensus estimates of $3.49 by $6.42. Equinix had a net margin of 11.11% and a return on equity of 7.22%. The firm had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the previous year, the firm posted $9.22 earnings per share. The firm’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. Research analysts expect that Equinix, Inc. will post 33.1 EPS for the current fiscal year.

Equinix Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, August 20th were given a dividend of $4.69 per share. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $18.76 dividend on an annualized basis and a yield of 2.3%. Equinix’s payout ratio is presently 183.74%.

Analysts Set New Price Targets

EQIX has been the topic of a number of research reports. Stifel Nicolaus dropped their target price on shares of Equinix from $1,050.00 to $1,010.00 and set a “buy” rating on the stock in a report on Thursday, June 26th. Wells Fargo & Company dropped their target price on shares of Equinix from $1,065.00 to $925.00 and set an “overweight” rating on the stock in a report on Thursday, June 26th. Truist Financial boosted their target price on shares of Equinix from $904.00 to $961.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. UBS Group dropped their target price on shares of Equinix from $1,035.00 to $950.00 and set a “buy” rating on the stock in a report on Friday, July 11th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Equinix from $935.00 to $940.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Five analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Equinix has an average rating of “Buy” and an average price target of $960.14.

Insider Activity at Equinix

In other Equinix news, Director Christopher B. Paisley sold 75 shares of the business’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $781.50, for a total value of $58,612.50. Following the completion of the sale, the director directly owned 17,832 shares of the company’s stock, valued at $13,935,708. The trade was a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Raouf Abdel sold 404 shares of the business’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $771.11, for a total transaction of $311,528.44. Following the completion of the sale, the executive vice president directly owned 6,378 shares of the company’s stock, valued at $4,918,139.58. This represents a 5.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.27% of the company’s stock.

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.