Equity Residential $EQR Stake Raised by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its holdings in Equity Residential (NYSE:EQR) by 1.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,433,423 shares of the real estate investment trust’s stock after purchasing an additional 63,071 shares during the period. Dimensional Fund Advisors LP’s holdings in Equity Residential were worth $321,382,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Empowered Funds LLC lifted its position in Equity Residential by 3.1% in the 1st quarter. Empowered Funds LLC now owns 7,489 shares of the real estate investment trust’s stock worth $536,000 after buying an additional 226 shares in the last quarter. Cresset Asset Management LLC increased its stake in shares of Equity Residential by 13.9% in the second quarter. Cresset Asset Management LLC now owns 4,836 shares of the real estate investment trust’s stock worth $330,000 after acquiring an additional 590 shares during the last quarter. Jump Financial LLC increased its stake in shares of Equity Residential by 96.1% in the second quarter. Jump Financial LLC now owns 11,300 shares of the real estate investment trust’s stock worth $763,000 after acquiring an additional 5,537 shares during the last quarter. Federated Hermes Inc. purchased a new stake in shares of Equity Residential during the second quarter worth $100,000. Finally, Cerity Partners LLC raised its holdings in shares of Equity Residential by 170.7% during the second quarter. Cerity Partners LLC now owns 20,646 shares of the real estate investment trust’s stock worth $1,393,000 after acquiring an additional 13,018 shares in the last quarter. 92.68% of the stock is owned by hedge funds and other institutional investors.

Equity Residential Stock Performance

EQR opened at $68.20 on Thursday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.18 and a current ratio of 0.18. The company has a market cap of $25.57 billion, a PE ratio of 27.28, a price-to-earnings-growth ratio of 5.42 and a beta of 0.74. The stock has a 50-day moving average of $67.16 and a 200-day moving average of $63.86. Equity Residential has a 52-week low of $57.57 and a 52-week high of $71.50.

Equity Residential (NYSE:EQR) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.09). Equity Residential had a return on equity of 8.57% and a net margin of 30.63%.The company had revenue of $779.85 million during the quarter, compared to analyst estimates of $781.79 million. During the same quarter last year, the firm posted $0.95 earnings per share. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. 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, equities research analysts forecast that Equity Residential will post 4.09 earnings per share for the current fiscal year.

Equity Residential Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 29th were given a $0.7025 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a $2.81 dividend on an annualized basis and a dividend yield of 4.1%. Equity Residential’s dividend payout ratio (DPR) is currently 112.40%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on EQR shares. Royal Bank Of Canada downgraded Equity Residential from an “outperform” rating to a “sector perform” rating and boosted their target price for the company from $69.00 to $70.00 in a research note on Monday, June 8th. Wall Street Zen downgraded Equity Residential from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Wolfe Research upgraded Equity Residential from a “hold” rating to an “outperform” rating in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $72.00 price target on shares of Equity Residential in a research note on Monday. Finally, BMO Capital Markets increased their price objective on Equity Residential from $68.00 to $75.00 and gave the stock a “market perform” rating in a report on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $71.40.

About Equity Residential

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.