Fjarde AP Fonden Fourth Swedish National Pension Fund Has $4.75 Million Holdings in Essex Property Trust, Inc. $ESS

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in Essex Property Trust, Inc. (NYSE:ESS) by 74.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,608 shares of the real estate investment trust’s stock after purchasing an additional 8,350 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Essex Property Trust were worth $4,745,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Nemes Rush Group LLC bought a new position in Essex Property Trust in the fourth quarter valued at approximately $27,000. Generali Asset Management SPA SGR acquired a new stake in Essex Property Trust during the fourth quarter worth approximately $29,000. True Wealth Design LLC increased its holdings in Essex Property Trust by 120.0% in the 4th quarter. True Wealth Design LLC now owns 176 shares of the real estate investment trust’s stock valued at $46,000 after buying an additional 96 shares during the period. Hantz Financial Services Inc. increased its stake in shares of Essex Property Trust by 67.8% in the 4th quarter. Hantz Financial Services Inc. now owns 193 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 78 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new position in Essex Property Trust during the third quarter worth about $51,000. 96.51% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Essex Property Trust news, Director Mary Kasaris sold 600 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $279.45, for a total value of $167,670.00. Following the transaction, the director owned 2,394 shares of the company’s stock, valued at approximately $669,003.30. This represents a 20.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.47% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on ESS. Royal Bank Of Canada lifted their target price on shares of Essex Property Trust from $282.00 to $288.00 and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Barclays lifted their target price on Essex Property Trust from $272.00 to $277.00 and gave the company an “equal weight” rating in a research report on Monday, May 11th. Sanford C. Bernstein initiated coverage on Essex Property Trust in a report on Friday, June 26th. They set an “outperform” rating and a $320.00 price target on the stock. Jefferies Financial Group raised Essex Property Trust to a “hold” rating in a report on Friday, June 26th. Finally, Mizuho boosted their price target on shares of Essex Property Trust from $285.00 to $308.00 and gave the company an “outperform” rating in a research report on Wednesday, June 10th. Nine research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Essex Property Trust presently has an average rating of “Hold” and a consensus price target of $292.08.

Essex Property Trust Stock Performance

Essex Property Trust stock opened at $298.09 on Tuesday. Essex Property Trust, Inc. has a fifty-two week low of $238.46 and a fifty-two week high of $300.00. The stock has a market cap of $19.16 billion, a price-to-earnings ratio of 33.49, a PEG ratio of 12.86 and a beta of 0.70. The stock’s 50 day simple moving average is $276.49 and its two-hundred day simple moving average is $261.39. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.98 and a current ratio of 0.98.

Essex Property Trust (NYSE:ESS) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.65 earnings per share for the quarter, missing analysts’ consensus estimates of $3.96 by ($2.31). Essex Property Trust had a return on equity of 10.00% and a net margin of 30.03%.The business had revenue of $484.76 million during the quarter, compared to analysts’ expectations of $479.89 million. During the same quarter last year, the company posted $3.97 EPS. Essex Property Trust has set its Q2 2026 guidance at 3.920-4.040 EPS. As a group, analysts expect that Essex Property Trust, Inc. will post 16.11 earnings per share for the current fiscal year.

Essex Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $2.59 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $10.36 annualized dividend and a yield of 3.5%. Essex Property Trust’s dividend payout ratio (DPR) is currently 116.40%.

About Essex Property Trust

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.