Xponance Inc. Trims Stake in Equity Residential $EQR

Xponance Inc. cut its position in shares of Equity Residential (NYSE:EQR) by 17.2% in the third quarter, Holdings Channel.com reports. The firm owned 52,271 shares of the real estate investment trust’s stock after selling 10,873 shares during the quarter. Xponance Inc.’s holdings in Equity Residential were worth $3,384,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. DNB Asset Management AS lifted its stake in Equity Residential by 5.2% in the third quarter. DNB Asset Management AS now owns 70,615 shares of the real estate investment trust’s stock worth $4,571,000 after purchasing an additional 3,490 shares during the last quarter. Westpac Banking Corp raised its holdings in shares of Equity Residential by 139.0% in the third quarter. Westpac Banking Corp now owns 110,860 shares of the real estate investment trust’s stock worth $7,176,000 after buying an additional 64,467 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Equity Residential by 6.3% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 960,668 shares of the real estate investment trust’s stock worth $62,184,000 after buying an additional 57,296 shares during the period. US Bancorp DE lifted its stake in shares of Equity Residential by 3.7% during the 3rd quarter. US Bancorp DE now owns 35,352 shares of the real estate investment trust’s stock worth $2,288,000 after acquiring an additional 1,258 shares during the last quarter. Finally, MAI Capital Management lifted its stake in shares of Equity Residential by 5.4% during the 3rd quarter. MAI Capital Management now owns 3,933 shares of the real estate investment trust’s stock worth $255,000 after acquiring an additional 202 shares during the last quarter. 92.68% of the stock is currently owned by institutional investors.

Insider Activity at Equity Residential

In other Equity Residential news, EVP Robert Garechana sold 3,637 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 $236,877.81. Following the sale, the executive vice president owned 18,740 shares of the company’s stock, valued at approximately $1,220,536.20. This trade represents a 16.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Catherine Carraway sold 656 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 value of $42,725.28. Following the completion of the transaction, the executive vice president owned 18,339 shares in the company, valued at $1,194,419.07. This represents a 3.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 10,058 shares of company stock valued at $655,078 over the last ninety days. 1.00% of the stock is owned by company insiders.

Equity Residential Stock Performance

Shares of Equity Residential stock opened at $63.19 on Monday. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.73. The stock’s fifty day moving average price is $62.52 and its 200-day moving average price is $62.58. The firm has a market cap of $23.86 billion, a P/E ratio of 21.57, a P/E/G ratio of 4.76 and a beta of 0.75. Equity Residential has a 12 month low of $58.38 and a 12 month high of $75.86.

Equity Residential (NYSE:EQR) last released its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.01). The business had revenue of $781.91 million during the quarter, compared to analysts’ expectations of $786.35 million. Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The firm’s revenue 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. On average, equities research analysts expect that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Equity Residential Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were paid a dividend of $0.6925 per share. The ex-dividend date was Friday, January 2nd. This represents a $2.77 dividend on an annualized basis and a dividend yield of 4.4%. Equity Residential’s dividend payout ratio (DPR) is currently 94.54%.

Analyst Upgrades and Downgrades

Several brokerages have commented on EQR. Mizuho cut their price objective on Equity Residential from $66.00 to $65.00 and set a “neutral” rating on the stock in a research report on Monday, November 24th. JPMorgan Chase & Co. lowered their target price on shares of Equity Residential from $75.00 to $71.00 and set a “neutral” rating for the company in a research note on Thursday, December 4th. Truist Financial cut their price target on shares of Equity Residential from $75.00 to $70.00 and set a “buy” rating on the stock in a report on Monday, November 17th. Wall Street Zen downgraded shares of Equity Residential from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Jefferies Financial Group lowered their price objective on shares of Equity Residential from $68.00 to $65.00 and set a “hold” rating for the company in a research report on Tuesday, November 11th. Six equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat.com, Equity Residential currently has an average rating of “Hold” and a consensus price target of $69.78.

About Equity Residential

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.