Metis Global Partners LLC Acquires 19,711 Shares of Equity Residential $EQR

Metis Global Partners LLC grew its holdings in shares of Equity Residential (NYSE:EQR) by 26.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 94,165 shares of the real estate investment trust’s stock after purchasing an additional 19,711 shares during the period. Metis Global Partners LLC’s holdings in Equity Residential were worth $6,095,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in EQR. Baillie Gifford & Co. increased its holdings in Equity Residential by 566.7% in the 3rd quarter. Baillie Gifford & Co. now owns 115,181 shares of the real estate investment trust’s stock worth $7,456,000 after buying an additional 97,906 shares in the last quarter. National Pension Service lifted its stake in Equity Residential by 4.6% during the 3rd quarter. National Pension Service now owns 605,494 shares of the real estate investment trust’s stock valued at $39,194,000 after acquiring an additional 26,590 shares during the period. Andra AP fonden boosted its holdings in shares of Equity Residential by 30.3% during the 2nd quarter. Andra AP fonden now owns 187,100 shares of the real estate investment trust’s stock valued at $12,627,000 after acquiring an additional 43,500 shares during the last quarter. Resona Asset Management Co. Ltd. grew its stake in shares of Equity Residential by 8.8% in the third quarter. Resona Asset Management Co. Ltd. now owns 209,614 shares of the real estate investment trust’s stock worth $13,471,000 after acquiring an additional 17,014 shares during the period. Finally, Asset Management One Co. Ltd. grew its stake in shares of Equity Residential by 2.5% in the third quarter. Asset Management One Co. Ltd. now owns 707,822 shares of the real estate investment trust’s stock worth $45,817,000 after acquiring an additional 17,287 shares during the period. 92.68% of the stock is owned by institutional investors.

Equity Residential Trading Up 1.2%

Shares of EQR stock opened at $63.82 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.31 and a quick ratio of 0.45. The company has a market cap of $24.28 billion, a price-to-earnings ratio of 21.78, a PEG ratio of 4.74 and a beta of 0.76. Equity Residential has a 1 year low of $58.38 and a 1 year high of $75.86. The firm has a fifty day moving average price of $62.04 and a 200-day moving average price of $62.62.

Equity Residential (NYSE:EQR) last announced its earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.01). Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The company had revenue of $781.91 million during the quarter, compared to the consensus estimate of $786.35 million. During the same period in the prior year, the business posted $1.00 earnings per share. Equity Residential’s revenue for the quarter was up 2.0% compared to the same quarter last year. Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS and its FY 2026 guidance at 4.020-4.140 EPS. As a group, equities analysts predict that Equity Residential will post 3.98 earnings per share for the current year.

Equity Residential Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were given a dividend of $0.6925 per share. This represents a $2.77 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Friday, January 2nd. Equity Residential’s payout ratio is presently 94.54%.

Insider Activity at Equity Residential

In related news, EVP Catherine Carraway sold 656 shares of the stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $42,725.28. Following the completion of the sale, the executive vice president directly owned 18,339 shares of the company’s stock, valued at approximately $1,194,419.07. This represents a 3.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Robert Garechana sold 3,637 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $236,877.81. Following the sale, the executive vice president owned 18,740 shares in the company, valued at approximately $1,220,536.20. The trade was a 16.25% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 10,058 shares of company stock worth $655,078. 1.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on EQR. Morgan Stanley lowered their price objective on shares of Equity Residential from $75.00 to $73.50 and set an “equal weight” rating on the stock in a research report on Thursday, November 13th. Wells Fargo & Company lowered their price target on Equity Residential from $68.00 to $62.00 and set an “equal weight” rating on the stock in a report on Monday, November 10th. The Goldman Sachs Group raised their price target on Equity Residential from $69.00 to $71.00 and gave the stock a “neutral” rating in a research note on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of Equity Residential in a research report on Thursday, January 22nd. Finally, Evercore lowered their target price on Equity Residential from $70.00 to $68.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. Seven investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $69.68.

Equity Residential Company Profile

Equity Residential (NYSE: EQR) is a publicly traded real estate investment trust that acquires, develops, owns and operates rental apartment properties. Headquartered in Chicago, the company focuses on delivering professionally managed, market-rate apartment homes and related services to renters. Its operations cover a range of property types, including high-rise and mid-rise assets, with amenities and on-site management designed to support resident retention and occupancy.

The company’s core activities include property acquisitions, development and redevelopment, leasing, and day-to-day property management.