Sustainable Insight Capital Management LLC Has $735,000 Position in Equity Residential $EQR

Sustainable Insight Capital Management LLC grew its stake in Equity Residential (NYSE:EQR) by 273.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,428 shares of the real estate investment trust’s stock after acquiring an additional 9,100 shares during the quarter. Sustainable Insight Capital Management LLC’s holdings in Equity Residential were worth $735,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Equity Residential by 233.7% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 832,789 shares of the real estate investment trust’s stock valued at $49,259,000 after purchasing an additional 583,231 shares during the period. Renaissance Technologies LLC increased its stake in Equity Residential by 573.0% in the first quarter. Renaissance Technologies LLC now owns 595,400 shares of the real estate investment trust’s stock valued at $35,218,000 after purchasing an additional 506,934 shares in the last quarter. Compound Planning Inc. raised its holdings in Equity Residential by 12.8% in the first quarter. Compound Planning Inc. now owns 4,021 shares of the real estate investment trust’s stock worth $238,000 after purchasing an additional 456 shares during the period. Bank of Nova Scotia raised its holdings in Equity Residential by 3.9% in the first quarter. Bank of Nova Scotia now owns 93,929 shares of the real estate investment trust’s stock worth $5,556,000 after purchasing an additional 3,512 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of Equity Residential by 0.3% during the first quarter. Cetera Investment Advisers now owns 61,177 shares of the real estate investment trust’s stock worth $3,619,000 after purchasing an additional 171 shares in the last quarter. 92.68% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Weiss Ratings lowered shares of Equity Residential from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, July 16th. The Goldman Sachs Group dropped their price objective on Equity Residential from $71.00 to $69.00 and set a “neutral” rating on the stock in a research note on Thursday, April 16th. Wolfe Research upgraded Equity Residential from a “hold” rating to an “outperform” rating in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $72.00 target price on shares of Equity Residential in a research note on Monday. Finally, Wells Fargo & Company increased their price target on Equity Residential from $62.00 to $64.00 and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $71.40.

Equity Residential Trading Down 0.6%

Shares of NYSE:EQR opened at $67.87 on Friday. The company’s 50-day moving average price is $67.31 and its two-hundred day moving average price is $63.94. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.19 and a quick ratio of 0.18. Equity Residential has a one year low of $57.57 and a one year high of $71.50. The stock has a market capitalization of $25.45 billion, a PE ratio of 29.51, a price-to-earnings-growth ratio of 5.43 and a beta of 0.74.

Equity Residential (NYSE:EQR) last announced its quarterly earnings data 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). The company had revenue of $779.85 million during the quarter, compared to the consensus estimate of $781.79 million. Equity Residential had a net margin of 27.97% and a return on equity of 8.06%. Equity Residential’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.95 EPS. 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. On average, equities analysts forecast that Equity Residential will post 4.08 EPS for the current fiscal year.

Equity Residential Dividend Announcement

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

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.