Quilter Plc Raises Holdings in Equinix, Inc. (NASDAQ:EQIX)

27 Jun 2025, 09:12 by Amy Steele · The Cerbat Gem

Quilter Plc boosted its stake in shares of Equinix, Inc. (NASDAQ:EQIX – Free Report) by 10.2% in the 1st quarter, Holdings Channel reports. The fund owned 78,784 shares of the financial services provider’s stock after buying an additional 7,261 shares during the period. Equinix makes up 1.3% of Quilter Plc’s investment portfolio, making the stock its 29th largest position. Quilter Plc’s holdings in Equinix were worth $64,237,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Diversified Trust Co lifted its stake in shares of Equinix by 27.1% in the 1st quarter. Diversified Trust Co now owns 848 shares of the financial services provider’s stock valued at $691,000 after purchasing an additional 181 shares during the period. Board of the Pension Protection Fund purchased a new position in Equinix in the first quarter valued at $652,000. PDS Planning Inc raised its position in shares of Equinix by 8.6% in the first quarter. PDS Planning Inc now owns 582 shares of the financial services provider’s stock worth $475,000 after acquiring an additional 46 shares during the period. Western Wealth Management LLC purchased a new stake in shares of Equinix during the 1st quarter worth about $748,000. Finally, Robeco Institutional Asset Management B.V. boosted its stake in shares of Equinix by 7.8% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 54,086 shares of the financial services provider’s stock worth $44,099,000 after acquiring an additional 3,907 shares in the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EQIX. JMP Securities restated a “market outperform” rating and issued a $1,200.00 price objective on shares of Equinix in a research report on Thursday. BMO Capital Markets lowered shares of Equinix from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $1,045.00 to $850.00 in a report on Thursday. BNP Paribas upgraded shares of Equinix to a “strong-buy” rating in a research report on Thursday, May 1st. Truist Financial decreased their price objective on shares of Equinix from $990.00 to $986.00 and set a “buy” rating on the stock in a report on Monday, May 12th. Finally, Wolfe Research cut shares of Equinix from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 9th. Four investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and six have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Equinix has an average rating of “Buy” and a consensus target price of $977.30.

Get Our Latest Stock Report on EQIX

Equinix Stock Down 9.6%

NASDAQ EQIX opened at $745.53 on Friday. The business’s fifty day simple moving average is $867.36 and its 200-day simple moving average is $882.41. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.20. The firm has a market cap of $72.93 billion, a PE ratio of 77.50, a P/E/G ratio of 1.07 and a beta of 0.97. Equinix, Inc. has a 52 week low of $701.41 and a 52 week high of $994.03.

Equinix (NASDAQ:EQIX – Get Free Report) last issued its earnings results on Wednesday, April 30th. The financial services provider reported $9.67 EPS for the quarter, topping analysts’ consensus estimates of $9.01 by $0.66. The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.23 billion. Equinix had a net margin of 10.48% and a return on equity of 6.96%. Equinix’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $8.86 earnings per share. As a group, equities analysts anticipate that Equinix, Inc. will post 33.1 earnings per share for the current year.

Equinix Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Wednesday, May 21st were issued a $4.69 dividend. This represents a $18.76 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend was Wednesday, May 21st. Equinix’s dividend payout ratio is presently 195.01%.

Insider Activity at Equinix

In other news, CEO Adaire Fox-Martin sold 2,949 shares of the business’s stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $884.91, for a total value of $2,609,599.59. Following the sale, the chief executive officer now directly owns 9,615 shares of the company’s stock, valued at approximately $8,508,409.65. The trade was a 23.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Kurt Pletcher sold 127 shares of the company’s stock in a transaction that occurred on Wednesday, May 7th. The stock was sold at an average price of $877.70, for a total transaction of $111,467.90. Following the completion of the transaction, the insider now owns 1,842 shares in the company, valued at approximately $1,616,723.40. This represents a 6.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,176 shares of company stock worth $2,808,008. Insiders own 0.27% of the company’s stock.

About Equinix

(Free Report)

Equinix (Nasdaq: EQIX) is the world's digital infrastructure company . Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.