Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases Shares of 60,866 Equity Residential $EQR

Fjarde AP Fonden Fourth Swedish National Pension Fund purchased a new stake in shares of Equity Residential (NYSE:EQR) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 60,866 shares of the real estate investment trust’s stock, valued at approximately $3,837,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fulcrum Asset Management LLP acquired a new position in Equity Residential during the third quarter valued at approximately $27,000. Rosenberg Matthew Hamilton grew its holdings in Equity Residential by 69.2% during the fourth quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 180 shares during the last quarter. Harvest Fund Management Co. Ltd acquired a new position in Equity Residential during the third quarter valued at approximately $31,000. Hantz Financial Services Inc. grew its holdings in Equity Residential by 434.7% during the third quarter. Hantz Financial Services Inc. now owns 540 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 439 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Equity Residential during the fourth quarter valued at approximately $48,000. Institutional investors and hedge funds own 92.68% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on EQR. Bank of America upgraded Equity Residential from a “neutral” rating to a “buy” rating and set a $76.00 price target on the stock in a report on Wednesday, May 27th. Piper Sandler reiterated a “neutral” rating and set a $72.00 price target (down from $78.00) on shares of Equity Residential in a report on Friday, May 29th. Wolfe Research upgraded Equity Residential from a “hold” rating to an “outperform” rating in a report on Monday, June 1st. Evercore increased their price target on Equity Residential from $70.00 to $71.00 in a report on Monday. Finally, Argus set a $70.00 price objective on shares of Equity Residential in a research note on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat.com, Equity Residential has an average rating of “Hold” and a consensus price target of $70.35.

Equity Residential Trading Down 1.3%

Shares of Equity Residential stock opened at $67.34 on Tuesday. The company’s fifty day simple moving average is $63.79 and its 200-day simple moving average is $62.47. The company has a market cap of $25.23 billion, a price-to-earnings ratio of 26.93, a PEG ratio of 5.41 and a beta of 0.75. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.77. Equity Residential has a 1 year low of $57.57 and a 1 year high of $70.21.

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 (EPS) 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 analyst estimates of $781.79 million. Equity Residential had a return on equity of 8.57% and a net margin of 30.63%.The company’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. As a group, sell-side analysts expect that Equity Residential will post 4.09 EPS for the current year.

Equity Residential Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Monday, March 30th were paid a $0.7025 dividend. The ex-dividend date was Monday, March 30th. This is a positive change from Equity Residential’s previous quarterly dividend of $0.69. This represents a $2.81 annualized dividend and a dividend yield of 4.2%. 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.