Xponance Inc. Trims Holdings in Equity Residential $EQR

Xponance Inc. decreased its position in shares of Equity Residential (NYSE:EQR) by 17.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 52,271 shares of the real estate investment trust’s stock after selling 10,873 shares during the period. Xponance Inc.’s holdings in Equity Residential were worth $3,384,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of EQR. Norges Bank bought a new stake in shares of Equity Residential during the 2nd quarter valued at $2,351,689,000. Prudential Financial Inc. increased its stake in Equity Residential by 725.6% in the 2nd quarter. Prudential Financial Inc. now owns 1,908,429 shares of the real estate investment trust’s stock worth $128,800,000 after buying an additional 1,677,278 shares in the last quarter. Invesco Ltd. raised its holdings in Equity Residential by 20.9% during the second quarter. Invesco Ltd. now owns 8,019,026 shares of the real estate investment trust’s stock valued at $541,204,000 after acquiring an additional 1,384,580 shares during the period. Vanguard Group Inc. raised its holdings in Equity Residential by 2.3% during the third quarter. Vanguard Group Inc. now owns 57,597,658 shares of the real estate investment trust’s stock valued at $3,728,296,000 after acquiring an additional 1,281,354 shares during the period. Finally, GRS Advisors LLC purchased a new position in shares of Equity Residential in the second quarter valued at about $70,581,000. 92.68% of the stock is currently owned by institutional investors.

Equity Residential Stock Performance

NYSE EQR opened at $63.19 on Monday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.31 and a quick ratio of 0.31. Equity Residential has a 1-year low of $58.38 and a 1-year high of $75.86. The business has a 50 day simple moving average of $62.52 and a two-hundred day simple moving average of $62.58. The stock has a market capitalization of $23.86 billion, a PE ratio of 21.57, a P/E/G ratio of 4.76 and a beta of 0.75.

Equity Residential (NYSE:EQR) last posted 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 net margin of 36.20% and a return on equity of 9.98%. The firm had revenue of $781.91 million for the quarter, compared to the consensus estimate of $786.35 million. During the same quarter in the prior year, the company posted $1.00 earnings per share. The firm’s revenue 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. On average, research analysts predict that Equity Residential will post 3.98 EPS for the current fiscal year.

Equity Residential Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were issued a $0.6925 dividend. The ex-dividend date was Friday, January 2nd. This represents a $2.77 dividend on an annualized basis and a dividend yield of 4.4%. Equity Residential’s payout ratio is 94.54%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Jefferies Financial Group dropped their price objective on Equity Residential from $68.00 to $65.00 and set a “hold” rating for the company in a research note on Tuesday, November 11th. Scotiabank lowered their price target on Equity Residential from $73.00 to $66.00 and set a “sector perform” rating on the stock in a report on Tuesday, November 4th. BMO Capital Markets downgraded Equity Residential from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $70.00 to $68.00 in a research note on Friday, January 9th. UBS Group lifted their price objective on shares of Equity Residential from $68.00 to $71.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Finally, Wells Fargo & Company lowered their target price on shares of Equity Residential from $68.00 to $62.00 and set an “equal weight” rating on the stock in a report on Monday, November 10th. Six investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat, Equity Residential presently has a consensus rating of “Hold” and a consensus price target of $69.78.

Insider Transactions at Equity Residential

In other Equity Residential news, EVP Catherine Carraway sold 656 shares of the company’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 $42,725.28. Following the sale, the executive vice president directly owned 18,339 shares in the company, valued at $1,194,419.07. This represents a 3.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, COO Michael L. Manelis sold 5,765 shares of Equity Residential stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total value of $375,474.45. Following the completion of the transaction, the chief operating officer owned 46,131 shares of the company’s stock, valued at approximately $3,004,512.03. This trade represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 10,058 shares of company stock worth $655,078 in the last three months. Insiders own 1.00% of the company’s stock.

About Equity Residential

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.