Heritage Investors Management Corp Sells 1,195 Shares of Equinix, Inc. $EQIX

Heritage Investors Management Corp decreased its stake in Equinix, Inc. (NASDAQ:EQIX) by 4.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,140 shares of the financial services provider’s stock after selling 1,195 shares during the quarter. Heritage Investors Management Corp’s holdings in Equinix were worth $28,466,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of EQIX. Moore Capital Management LP increased its position in Equinix by 235.7% in the 2nd quarter. Moore Capital Management LP now owns 7,675 shares of the financial services provider’s stock worth $8,000,000 after purchasing an additional 5,389 shares during the last quarter. Legal & General Group Plc acquired a new stake in shares of Equinix during the 2nd quarter valued at about $1,181,260,000. Bamco Inc. NY acquired a new stake in shares of Equinix during the 2nd quarter valued at about $203,930,000. Empowered Funds LLC acquired a new stake in shares of Equinix during the 2nd quarter valued at about $5,778,000. Finally, Corient Private Wealth LP grew its stake in shares of Equinix by 20.9% in the 2nd quarter. Corient Private Wealth LP now owns 12,597 shares of the financial services provider’s stock valued at $13,132,000 after buying an additional 2,181 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Wall Street Analysts Forecast Growth

EQIX has been the topic of a number of research reports. HSBC dropped their price objective on Equinix from $1,400.00 to $1,380.00 and set a “buy” rating on the stock in a report on Wednesday, September 23rd. Rothschild & Co Redburn initiated coverage on shares of Equinix in a research note on Monday, September 21st. They issued a “buy” rating and a $1,261.00 target price for the company. UBS Group boosted their target price on shares of Equinix from $1,210.00 to $1,265.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Canadian Imperial Bank of Commerce initiated coverage on shares of Equinix in a research report on Tuesday, October 20th. They issued an “outperform” rating and a $1,200.00 target price for the company. Finally, Barclays increased their price target on shares of Equinix from $1,130.00 to $1,135.00 and gave the stock an “equal weight” rating in a research note on Tuesday, September 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,226.97.

Equinix Price Performance

Shares of NASDAQ:EQIX opened at $1,013.70 on Monday. The stock has a market capitalization of $100.02 billion, a P/E ratio of 60.88, a P/E/G ratio of 1.44 and a beta of 0.98. The business has a 50-day moving average of $1,022.27 and a two-hundred day moving average of $1,007.90. Equinix, Inc. has a fifty-two week low of $720.62 and a fifty-two week high of $1,128.68. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.29 and a quick ratio of 1.29.

Equinix (NASDAQ:EQIX) last issued its quarterly earnings data on Wednesday, October 28th. The financial services provider reported $4.93 EPS for the quarter, beating analysts’ consensus estimates of $4.11 by $0.82. Equinix had a return on equity of 11.49% and a net margin of 16.38%. The business had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.56 billion. During the same quarter in the prior year, the firm posted $9.83 EPS. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. On average, equities research analysts predict that Equinix, Inc. will post 38.23 EPS for the current fiscal year.

Equinix Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Wednesday, November 18th will be given a dividend of $5.16 per share. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $20.64 dividend on an annualized basis and a yield of 2.0%. Equinix’s dividend payout ratio is presently 123.96%.

Insiders Place Their Bets

In other Equinix news, insider Kurt Pletcher sold 135 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $1,075.50, for a total transaction of $145,192.50. Following the transaction, the insider owned 4,077 shares in the company, valued at $4,384,813.50. This trade represents a 3.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Christopher Paisley sold 125 shares of Equinix stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $1,103.58, for a total transaction of $137,947.50. Following the completion of the transaction, the director directly owned 13,734 shares in the company, valued at approximately $15,156,567.72. This represents a 0.90% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 770 shares of company stock valued at $807,077 over the last 90 days. 0.27% of the stock is currently owned by company insiders.

Equinix News Summary

Here are the key news stories impacting Equinix this week:

• Positive Sentiment: Equinix reported third-quarter 2026 FFO of $11.64 per share, well above the $10.51 consensus estimate and up from $9.83 a year earlier. Record bookings, strong pricing and robust demand supported revenue growth. Equinix Surpasses Q3 FFO and Revenue Estimates
• Positive Sentiment: Management raised its 2026 outlook for the third consecutive quarter, now projecting EPS of $43.71–$44.11 versus a $38.23 consensus estimate and revenue of $10.3–$10.4 billion. Fourth-quarter revenue guidance of $2.7 billion also exceeded the $2.6 billion consensus. Equinix Q3 AFFO, Revenue Rise; Issues Q4 Guidance; Lifts 2026 Outlook
• Positive Sentiment: Analysts raised their targets following the results: JPMorgan to $1,350 with an Overweight rating, Citigroup to $1,320 with a Buy rating, and TD Cowen to $1,210 with a Buy rating. Bernstein maintained its Buy rating and $1,270 target, while Cantor Fitzgerald reaffirmed Overweight.
• Positive Sentiment: Equinix declared a quarterly dividend of $5.16 per share, or $20.64 annualized, representing an approximately 2% yield for income-oriented investors.
• Neutral Sentiment: Barclays maintained a Hold rating, providing a more cautious counterpoint to the recent target increases. Equinix’s elevated valuation—about 61 times earnings—may also limit near-term upside even as fundamentals improve. Barclays Sticks to Its Hold Rating for Equinix

Equinix Profile

Equinix, Inc is a global digital infrastructure company that operates data centers where businesses, cloud providers, telecommunications carriers and other organizations can securely house and connect their information technology systems. Its International Business Exchange (IBX) data centers provide colocation services, allowing customers to place equipment in highly connected facilities without building and operating their own sites.

The company also provides interconnection and networking services, including Equinix Fabric, which enables customers to establish virtual connections among data centers, cloud platforms, networks and business partners.