Equinix, Inc. $EQIX Shares Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. increased its position in shares of Equinix, Inc. (NASDAQ:EQIX) by 9.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,932 shares of the financial services provider’s stock after purchasing an additional 353 shares during the quarter. Vontobel Holding Ltd.’s holdings in Equinix were worth $3,128,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Equinix by 1.9% during the first quarter. Vanguard Group Inc. now owns 12,906,820 shares of the financial services provider’s stock worth $10,523,576,000 after purchasing an additional 242,121 shares during the period. Valeo Financial Advisors LLC lifted its holdings in shares of Equinix by 298,148.6% during the second quarter. Valeo Financial Advisors LLC now owns 8,157,100 shares of the financial services provider’s stock worth $6,488,728,000 after purchasing an additional 8,154,365 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Equinix by 22.5% during the first 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 during the period. Northern Trust Corp lifted its holdings in shares of Equinix by 2.7% during the first quarter. Northern Trust Corp now owns 1,524,515 shares of the financial services provider’s stock worth $1,243,013,000 after purchasing an additional 40,734 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in Equinix by 1.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,333,635 shares of the financial services provider’s stock valued at $1,087,334,000 after acquiring an additional 25,290 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Equinix Stock Down 1.0%

Equinix stock opened at $800.60 on Friday. The stock has a market capitalization of $78.35 billion, a PE ratio of 78.41, a price-to-earnings-growth ratio of 1.40 and a beta of 0.92. Equinix, Inc. has a 12 month low of $701.41 and a 12 month high of $994.03. The business has a 50 day simple moving average of $782.79 and a 200-day simple moving average of $812.79. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.54 and a quick ratio of 1.54.

Equinix (NASDAQ:EQIX) last posted 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. The business had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.26 billion. Equinix had a return on equity of 7.22% and a net margin of 11.11%.The business’s revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the business earned $9.22 earnings per share. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. On average, analysts anticipate that Equinix, Inc. will post 33.1 EPS for the current fiscal year.

Equinix Announces Dividend

The company also recently declared 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. This represents a $18.76 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Wednesday, August 20th. Equinix’s payout ratio is presently 183.74%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Cfra Research cut Equinix from a “moderate buy” rating to a “hold” rating in a research report on Thursday, July 31st. Truist Financial lifted their price target on Equinix from $904.00 to $961.00 and gave the company a “buy” rating in a research report on Thursday, August 7th. Wells Fargo & Company reduced their price target on Equinix from $1,065.00 to $925.00 and set an “overweight” rating for the company in a research report on Thursday, June 26th. Wall Street Zen cut Equinix from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Cowen reiterated a “buy” rating on shares of Equinix in a research report on Thursday, July 3rd. Four equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $960.65.

Insider Activity at Equinix

In related news, 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 in the company, valued at approximately $4,918,139.58. The trade was a 5.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Christopher B. Paisley sold 75 shares of the business’s stock in a transaction that occurred 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 sale, the director 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 disclosure for this sale can be found here. 0.27% of the stock is currently owned by insiders.

Equinix Company 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.