Bank of New York Mellon Corp decreased its stake in shares of Equifax, Inc. (NYSE:EFX – Free Report) by 5.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,039,526 shares of the credit services provider’s stock after selling 59,192 shares during the quarter. Bank of New York Mellon Corp’s holdings in Equifax were worth $269,622,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in EFX. Texas Capital Bank Wealth Management Services Inc increased its stake in shares of Equifax by 3.7% in the 1st quarter. Texas Capital Bank Wealth Management Services Inc now owns 1,134 shares of the credit services provider’s stock worth $276,000 after acquiring an additional 40 shares during the last quarter. CX Institutional raised its stake in Equifax by 0.9% during the second quarter. CX Institutional now owns 5,005 shares of the credit services provider’s stock worth $1,298,000 after purchasing an additional 43 shares during the period. Accretive Wealth Partners LLC boosted its holdings in Equifax by 1.1% in the 2nd quarter. Accretive Wealth Partners LLC now owns 4,564 shares of the credit services provider’s stock valued at $1,184,000 after purchasing an additional 48 shares during the last quarter. Axxcess Wealth Management LLC grew its stake in shares of Equifax by 3.8% in the 1st quarter. Axxcess Wealth Management LLC now owns 1,395 shares of the credit services provider’s stock valued at $340,000 after buying an additional 51 shares during the period. Finally, Sowell Financial Services LLC grew its stake in shares of Equifax by 4.0% in the 2nd quarter. Sowell Financial Services LLC now owns 1,433 shares of the credit services provider’s stock valued at $372,000 after buying an additional 55 shares during the period. 96.20% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research analysts recently commented on the company. Needham & Company LLC reiterated a “buy” rating and issued a $295.00 price objective on shares of Equifax in a report on Tuesday, October 21st. Seaport Res Ptn raised Equifax to a “hold” rating in a research note on Wednesday, October 1st. Morgan Stanley reiterated an “overweight” rating on shares of Equifax in a report on Friday, October 3rd. UBS Group raised their price objective on Equifax from $287.00 to $297.00 and gave the stock a “buy” rating in a research report on Monday, September 15th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Equifax in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, Equifax currently has an average rating of “Moderate Buy” and an average target price of $277.13.
Insiders Place Their Bets
In related news, CEO Mark W. Begor sold 27,959 shares of the business’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $231.10, for a total transaction of $6,461,324.90. Following the completion of the transaction, the chief executive officer directly owned 142,934 shares of the company’s stock, valued at $33,032,047.40. The trade was a 16.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Jamil Farshchi sold 4,925 shares of the company’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $238.94, for a total value of $1,176,779.50. Following the sale, the executive vice president owned 39,364 shares in the company, valued at approximately $9,405,634.16. This trade represents a 11.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 54,270 shares of company stock valued at $12,580,837. 1.40% of the stock is currently owned by company insiders.
Equifax Stock Down 0.6%
Shares of EFX opened at $208.50 on Wednesday. The company’s 50-day simple moving average is $240.08 and its 200-day simple moving average is $251.35. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.74 and a current ratio of 0.74. Equifax, Inc. has a 1 year low of $199.98 and a 1 year high of $281.07. The stock has a market capitalization of $25.52 billion, a PE ratio of 39.56, a P/E/G ratio of 2.41 and a beta of 1.68.
Equifax (NYSE:EFX – Get Free Report) last announced its earnings results on Tuesday, October 21st. The credit services provider reported $2.04 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.10. The firm had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.52 billion. Equifax had a net margin of 11.08% and a return on equity of 19.28%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.85 EPS. Equifax has set its Q4 2025 guidance at 1.980-2.080 EPS. FY 2025 guidance at 7.550-7.650 EPS. Analysts forecast that Equifax, Inc. will post 7.58 earnings per share for the current fiscal year.
Equifax Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Tuesday, September 2nd. Equifax’s dividend payout ratio (DPR) is presently 37.95%.
Equifax Company Profile
Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.
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