ING Groep NV Reduces Stake in Equity Residential $EQR

ING Groep NV cut its stake in shares of Equity Residential (NYSE:EQR) by 82.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,927 shares of the real estate investment trust’s stock after selling 37,067 shares during the period. ING Groep NV’s holdings in Equity Residential were worth $513,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Norges Bank bought a new position in shares of Equity Residential during the 2nd quarter valued at approximately $2,351,689,000. Prudential Financial Inc. boosted its stake in Equity Residential by 725.6% during the second 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 during the period. Invesco Ltd. increased its position 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 last quarter. GRS Advisors LLC purchased a new stake in shares of Equity Residential in the second quarter valued at $70,581,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Equity Residential by 252.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,329,615 shares of the real estate investment trust’s stock worth $89,731,000 after acquiring an additional 952,813 shares during the last quarter. 92.68% of the stock is owned by institutional investors.

Equity Residential Trading Up 1.2%

Shares of NYSE EQR opened at $63.82 on Friday. Equity Residential has a twelve month low of $58.38 and a twelve month high of $75.86. The firm has a market cap of $24.28 billion, a PE ratio of 21.78, a price-to-earnings-growth ratio of 4.80 and a beta of 0.76. The business has a fifty day simple moving average of $62.04 and a two-hundred day simple moving average of $62.58. The company has a quick ratio of 0.45, a current ratio of 0.31 and a debt-to-equity ratio of 0.73.

Equity Residential (NYSE:EQR) last announced its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.01). Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The business had revenue of $781.91 million during the quarter, compared to analysts’ expectations of $786.35 million. During the same period in the previous year, the company posted $1.00 EPS. Equity Residential’s revenue for the quarter was up 2.0% on a year-over-year basis. 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. Analysts expect that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Equity Residential Dividend Announcement

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

Insider Buying and Selling

In related news, EVP Robert Garechana sold 3,637 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 $236,877.81. Following the transaction, the executive vice president owned 18,740 shares in the company, valued at approximately $1,220,536.20. This represents a 16.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Catherine Carraway sold 656 shares of the stock in a transaction 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 completion of the sale, the executive vice president owned 18,339 shares in the company, valued at $1,194,419.07. The trade was a 3.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 10,058 shares of company stock worth $655,078 in the last 90 days. Insiders own 1.10% of the company’s stock.

Wall Street Analysts Forecast Growth

EQR has been the topic of several analyst reports. Wells Fargo & Company cut their price target 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. Piper Sandler set a $78.00 target price on Equity Residential in a research note on Tuesday, January 27th. Morgan Stanley reduced their price target on Equity Residential from $75.00 to $73.50 and set an “equal weight” rating on the stock in a report on Thursday, November 13th. Scotiabank decreased their price target on Equity Residential from $73.00 to $66.00 and set a “sector perform” rating for the company in a research note on Tuesday, November 4th. Finally, Cantor Fitzgerald boosted their price objective on Equity Residential from $61.00 to $64.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Seven research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target 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.