Oppenheimer & Co. Inc. increased its stake in Equinix, Inc. (NASDAQ:EQIX – Free Report) by 246.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,620 shares of the financial services provider’s stock after acquiring an additional 1,153 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Equinix were worth $1,639,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of the stock. BlackRock Inc. bought a new stake in Equinix in the second quarter valued at $11,930,074,000. Principal Financial Group Inc. boosted its position in shares of Equinix by 1.4% during the 1st quarter. Principal Financial Group Inc. now owns 1,980,497 shares of the financial services provider’s stock worth $1,941,377,000 after purchasing an additional 27,643 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Equinix by 26,831.6% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,239,122 shares of the financial services provider’s stock valued at $1,291,648,000 after buying an additional 1,234,521 shares during the period. Legal & General Group Plc bought a new stake in Equinix in the 2nd quarter valued at about $1,181,260,000. Finally, Canada Pension Plan Investment Board acquired a new position in Equinix during the 2nd quarter worth approximately $1,163,662,000. Institutional investors and hedge funds own 94.94% of the company’s stock.
Insiders Place Their Bets
In related news, Director Christopher B. Paisley sold 125 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $1,103.58, for a total value of $137,947.50. Following the completion of the sale, the director owned 13,734 shares in the company, valued at $15,156,567.72. The trade was a 0.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kurt Pletcher sold 135 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $1,075.50, for a total transaction of $145,192.50. Following the completion of the sale, the insider directly owned 4,077 shares of the company’s stock, valued at $4,384,813.50. This trade represents a 3.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 770 shares of company stock worth $807,077 in the last ninety days. 0.27% of the stock is currently owned by insiders.
Equinix Price Performance
Shares of NASDAQ EQIX opened at $1,013.70 on Monday. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.29 and a quick ratio of 1.29. The stock has a market capitalization of $100.02 billion, a PE ratio of 60.88, a P/E/G ratio of 1.44 and a beta of 0.98. Equinix, Inc. has a one year low of $720.62 and a one year high of $1,128.68. The business’s fifty day moving average price is $1,022.27 and its 200-day moving average price is $1,007.90.
Equinix (NASDAQ:EQIX – Get Free Report) last issued its earnings results on Wednesday, October 28th. The financial services provider reported $4.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.11 by $0.82. The business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.56 billion. Equinix had a net margin of 16.38% and a return on equity of 11.49%. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $9.83 EPS. On average, equities research analysts anticipate that Equinix, Inc. will post 38.23 EPS for the current year.
Equinix Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Wednesday, November 18th will be given a dividend of $5.16 per share. This represents a $20.64 annualized dividend and a yield of 2.0%. The ex-dividend date is Wednesday, November 18th. Equinix’s payout ratio is presently 123.96%.
Key Equinix News
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
Analyst Ratings Changes
A number of equities analysts have recently weighed in on EQIX shares. Evercore reaffirmed an “outperform” rating and set a $1,270.00 target price (up from $1,240.00) on shares of Equinix in a research report on Tuesday, August 18th. UBS Group boosted their price target on shares of Equinix from $1,210.00 to $1,265.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Rothschild & Co Redburn assumed coverage on shares of Equinix in a research note on Monday, September 21st. They issued a “buy” rating and a $1,261.00 price objective on the stock. BNP Paribas Exane reduced their price objective on shares of Equinix from $1,222.00 to $1,219.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Finally, Sanford C. Bernstein upped their target price on shares of Equinix from $1,222.00 to $1,270.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,226.97.
Get Our Latest Stock Report on EQIX
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.
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