Fjarde AP Fonden Fourth Swedish National Pension Fund Invests $2.95 Million in Essex Property Trust, Inc. $ESS

Fjarde AP Fonden Fourth Swedish National Pension Fund purchased a new position in shares of Essex Property Trust, Inc. (NYSE:ESS) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 11,258 shares of the real estate investment trust’s stock, valued at approximately $2,946,000.

Several other institutional investors have also made changes to their positions in the stock. Hantz Financial Services Inc. boosted its holdings in shares of Essex Property Trust by 57.5% during the third quarter. Hantz Financial Services Inc. now owns 115 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 42 shares during the period. Segment Wealth Management LLC boosted its holdings in shares of Essex Property Trust by 5.1% during the fourth quarter. Segment Wealth Management LLC now owns 913 shares of the real estate investment trust’s stock worth $239,000 after purchasing an additional 44 shares during the period. Norinchukin Bank The boosted its holdings in shares of Essex Property Trust by 0.6% during the third quarter. Norinchukin Bank The now owns 6,957 shares of the real estate investment trust’s stock worth $1,862,000 after purchasing an additional 44 shares during the period. Signaturefd LLC boosted its holdings in shares of Essex Property Trust by 11.3% during the fourth quarter. Signaturefd LLC now owns 445 shares of the real estate investment trust’s stock worth $116,000 after purchasing an additional 45 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in shares of Essex Property Trust by 0.4% during the third quarter. HighTower Advisors LLC now owns 12,919 shares of the real estate investment trust’s stock worth $3,458,000 after purchasing an additional 49 shares during the period. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Essex Property Trust Price Performance

NYSE ESS opened at $281.91 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.22. The stock has a market capitalization of $18.12 billion, a PE ratio of 31.68, a price-to-earnings-growth ratio of 12.33 and a beta of 0.72. The company has a 50 day moving average price of $262.79 and a two-hundred day moving average price of $257.84. Essex Property Trust, Inc. has a 12-month low of $238.46 and a 12-month high of $294.09.

Essex Property Trust (NYSE:ESS) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.96 by ($2.31). The business had revenue of $484.76 million during the quarter, compared to analyst estimates of $479.89 million. Essex Property Trust had a net margin of 30.03% and a return on equity of 10.00%. During the same quarter last year, the firm earned $3.97 earnings per share. Essex Property Trust has set its Q2 2026 guidance at 3.920-4.040 EPS. As a group, equities analysts predict that Essex Property Trust, Inc. will post 16.08 earnings per share for the current fiscal year.

Essex Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $2.59 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $10.36 dividend on an annualized basis and a yield of 3.7%. Essex Property Trust’s payout ratio is 116.40%.

Analyst Ratings Changes

Several analysts recently commented on the stock. Evercore restated an “outperform” rating and set a $296.00 price target on shares of Essex Property Trust in a report on Monday. Scotiabank raised their price target on shares of Essex Property Trust from $278.00 to $282.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Cantor Fitzgerald raised their price target on shares of Essex Property Trust from $290.00 to $291.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Barclays raised their price target on shares of Essex Property Trust from $272.00 to $277.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. Finally, Robert W. Baird raised their price target on shares of Essex Property Trust from $279.00 to $281.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. Six analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Essex Property Trust has an average rating of “Hold” and an average target price of $287.03.

Insider Transactions at Essex Property Trust

In other Essex Property Trust news, Director Mary Kasaris sold 600 shares of Essex Property Trust stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $279.45, for a total value of $167,670.00. Following the completion of the sale, the director directly owned 2,394 shares in the company, valued at $669,003.30. The trade was a 20.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.47% of the stock is owned by company insiders.

Essex Property Trust Profile

Essex Property Trust, Inc (NYSE: ESS) is a publicly traded real estate investment trust that acquires, develops, owns and operates multifamily residential properties. The company focuses on market-rate apartment communities and delivers a full suite of property services including leasing, resident services, asset management, and capital improvement programs designed to preserve and enhance long‑term property values.

Essex concentrates its portfolio in West Coast markets, with a significant presence in California and the Pacific Northwest.