Bank of New York Mellon Corp lowered its position in shares of Equifax, Inc. (NYSE:EFX – Free Report) by 1.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 678,716 shares of the credit services provider’s stock after selling 8,991 shares during the period. Bank of New York Mellon Corp’s holdings in Equifax were worth $122,216,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. purchased a new stake in Equifax in the fourth quarter worth about $25,000. Ameriflex Group Inc. increased its position in Equifax by 612.5% during the 4th quarter. Ameriflex Group Inc. now owns 114 shares of the credit services provider’s stock valued at $25,000 after purchasing an additional 98 shares during the period. Reflection Asset Management purchased a new stake in shares of Equifax in the 4th quarter worth approximately $26,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Equifax in the 4th quarter worth approximately $26,000. Finally, Lodestone Wealth Management LLC bought a new position in shares of Equifax during the fourth quarter valued at approximately $29,000. 96.20% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
EFX has been the topic of several research reports. Weiss Ratings raised shares of Equifax from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday. Mizuho lowered their target price on Equifax from $222.00 to $210.00 and set an “outperform” rating for the company in a report on Thursday, July 2nd. Rothschild & Co Redburn dropped their target price on Equifax from $226.00 to $214.00 in a research report on Friday, May 8th. Bank of America cut their price target on Equifax from $250.00 to $225.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. Finally, Robert W. Baird reduced their price target on Equifax from $250.00 to $245.00 and set an “outperform” rating for the company in a research report on Wednesday, April 22nd. Thirteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $223.39.
Insider Activity
In other news, CEO Mark W. Begor sold 37,791 shares of the company’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $172.40, for a total transaction of $6,515,168.40. Following the transaction, the chief executive officer owned 271,730 shares in the company, valued at $46,846,252. This represents a 12.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chad M. Borton sold 2,455 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $173.89, for a total transaction of $426,899.95. Following the completion of the transaction, the executive vice president directly owned 29,518 shares of the company’s stock, valued at $5,132,885.02. The trade was a 7.68% decrease in their ownership of the stock. 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. Corporate insiders own 1.70% of the company’s stock.
Equifax Stock Performance
Shares of EFX opened at $177.17 on Monday. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.89. The firm has a market cap of $21.10 billion, a PE ratio of 31.19, a P/E/G ratio of 1.34 and a beta of 1.32. Equifax, Inc. has a 12 month low of $150.74 and a 12 month high of $271.84. The stock has a fifty day moving average price of $164.94 and a 200-day moving average price of $184.00.
Equifax (NYSE:EFX – Get Free Report) last announced its earnings results on Tuesday, April 21st. The credit services provider reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.17. Equifax had a return on equity of 20.41% and a net margin of 11.12%.The firm had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same period in the previous year, the business earned $1.53 EPS. The firm’s revenue for the quarter was up 14.3% on a year-over-year basis. Equifax has set its Q2 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.340-8.740 EPS. Equities research analysts predict that Equifax, Inc. will post 8.56 earnings per share for the current fiscal year.
Equifax Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 22nd were paid a dividend of $0.56 per share. The ex-dividend date was Friday, May 22nd. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.3%. Equifax’s payout ratio is presently 39.44%.
About Equifax
Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.
The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.
Read More
- Five stocks we like better than Equifax
- Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit
- Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet
- Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises
- 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
Want to see what other hedge funds are holding EFX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equifax, Inc. (NYSE:EFX – Free Report).
Receive News & Ratings for Equifax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax and related companies with MarketBeat.com's FREE daily email newsletter.
