Pensionfund Sabic Purchases Shares of 24,853 Equity Residential $EQR

Pensionfund Sabic purchased a new position in Equity Residential (NYSE:EQR) in the 4th quarter, HoldingsChannel reports. The fund purchased 24,853 shares of the real estate investment trust’s stock, valued at approximately $1,567,000.

Other large investors have also modified their holdings of the company. Rosenberg Matthew Hamilton raised its stake in shares of Equity Residential by 69.2% in the fourth 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. Cetera Investment Advisers grew its stake in Equity Residential by 0.4% during the 2nd quarter. Cetera Investment Advisers now owns 48,030 shares of the real estate investment trust’s stock worth $3,242,000 after purchasing an additional 183 shares in the last quarter. CX Institutional increased its holdings in Equity Residential by 6.1% during the 3rd quarter. CX Institutional now owns 3,274 shares of the real estate investment trust’s stock worth $212,000 after purchasing an additional 189 shares during the period. Summitry LLC increased its holdings in Equity Residential by 6.3% during the 3rd quarter. Summitry LLC now owns 3,193 shares of the real estate investment trust’s stock worth $207,000 after purchasing an additional 189 shares during the period. Finally, Louisiana State Employees Retirement System raised its position in Equity Residential by 1.1% in the 3rd quarter. Louisiana State Employees Retirement System now owns 18,200 shares of the real estate investment trust’s stock valued at $1,178,000 after purchasing an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 92.68% of the company’s stock.

Equity Residential Stock Up 0.4%

EQR opened at $58.63 on Wednesday. Equity Residential has a one year low of $57.57 and a one year high of $72.64. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.31 and a current ratio of 0.31. The stock has a market capitalization of $22.14 billion, a P/E ratio of 20.01, a price-to-earnings-growth ratio of 4.41 and a beta of 0.75. The business’s 50-day simple moving average is $62.06 and its 200-day simple moving average is $62.10.

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

Equity Residential Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Monday, March 30th will be issued a $0.7025 dividend. The ex-dividend date of this dividend is Monday, March 30th. This is an increase from Equity Residential’s previous quarterly dividend of $0.69. This represents a $2.81 annualized dividend and a dividend yield of 4.8%. Equity Residential’s dividend payout ratio is currently 94.54%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on EQR shares. Morgan Stanley decreased their price objective on Equity Residential from $73.50 to $72.00 and set an “equal weight” rating for the company in a research note on Monday, March 16th. Wall Street Zen cut shares of Equity Residential from a “hold” rating to a “sell” rating in a report on Monday, March 16th. Deutsche Bank Aktiengesellschaft downgraded shares of Equity Residential from a “buy” rating to a “hold” rating and set a $63.00 price target for the company. in a research note on Tuesday, January 20th. Argus set a $70.00 price target on shares of Equity Residential in a report on Thursday, March 12th. Finally, BNP Paribas Exane increased their price objective on shares of Equity Residential from $66.00 to $68.00 and gave the company a “neutral” rating in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $69.63.

Insider Activity

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

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.