Candriam S.C.A. Grows Stock Holdings in Equity Residential $EQR

Candriam S.C.A. raised its position in Equity Residential (NYSE:EQR) by 20.7% during the 1st quarter, Holdings Channel reports. The firm owned 46,553 shares of the real estate investment trust’s stock after acquiring an additional 7,985 shares during the quarter. Candriam S.C.A.’s holdings in Equity Residential were worth $2,754,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of EQR. Fulcrum Asset Management LLP acquired a new position in Equity Residential in the 3rd quarter valued at about $27,000. Rosenberg Matthew Hamilton lifted its holdings in shares of Equity Residential by 69.2% during the 4th quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 180 shares in the last quarter. Zions Bancorporation National Association UT lifted its position in Equity Residential by 375.2% during the 4th quarter. Zions Bancorporation National Association UT now owns 480 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 379 shares in the last quarter. DV Equities LLC purchased a new position in shares of Equity Residential in the fourth quarter valued at $30,000. Finally, Harvest Fund Management Co. Ltd acquired a new stake in shares of Equity Residential during the third quarter valued at about $31,000. 92.68% of the stock is owned by hedge funds and other institutional investors.

Equity Residential Stock Down 1.4%

Shares of EQR stock opened at $68.77 on Wednesday. The stock’s 50 day simple moving average is $66.83 and its 200 day simple moving average is $63.63. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.18 and a current ratio of 0.18. Equity Residential has a twelve month low of $57.57 and a twelve month high of $71.50. The company has a market capitalization of $25.78 billion, a price-to-earnings ratio of 27.51, a PEG ratio of 5.54 and a beta of 0.74.

Equity Residential (NYSE:EQR) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.09). Equity Residential had a net margin of 30.63% and a return on equity of 8.57%. The business had revenue of $779.85 million for the quarter, compared to the consensus estimate of $781.79 million. During the same quarter in the previous year, the company earned $0.95 EPS. Equity Residential’s revenue for the quarter was up 2.5% compared to the same quarter last year. Equity Residential has set its FY 2026 guidance at 4.020-4.140 EPS and its Q2 2026 guidance at 0.980-1.020 EPS. As a group, research analysts predict that Equity Residential will post 4.09 EPS for the current year.

Equity Residential Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 29th were given a $0.7025 dividend. This represents a $2.81 annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, June 29th. Equity Residential’s payout ratio is 112.40%.

Analyst Ratings Changes

EQR has been the topic of several research analyst reports. Evercore increased their price target on shares of Equity Residential from $70.00 to $71.00 in a research report on Monday, June 8th. Stifel Nicolaus upped their price target on shares of Equity Residential from $78.25 to $79.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Bank of America upgraded Equity Residential from a “neutral” rating to a “buy” rating and set a $76.00 price target for the company in a research report on Wednesday, May 27th. BMO Capital Markets upped their price target on shares of Equity Residential from $68.00 to $75.00 and gave the stock a “market perform” rating in a research note on Monday, June 8th. Finally, UBS Group upped their price target on shares of Equity Residential from $71.00 to $73.00 and gave the company a “buy” rating in a report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $70.80.

Equity Residential 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.