OFI Invest Asset Management increased its holdings in shares of Equifax, Inc. (NYSE:EFX – Free Report) by 52.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 423 shares of the credit services provider’s stock after purchasing an additional 145 shares during the quarter. OFI Invest Asset Management’s holdings in Equifax were worth $110,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the business. Texas Capital Bank Wealth Management Services Inc boosted its position in Equifax by 3.7% during the first quarter. Texas Capital Bank Wealth Management Services Inc now owns 1,134 shares of the credit services provider’s stock worth $276,000 after purchasing an additional 40 shares during the period. CX Institutional boosted its position 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. Axxcess Wealth Management LLC boosted its position in Equifax by 3.8% during the first quarter. Axxcess Wealth Management LLC now owns 1,395 shares of the credit services provider’s stock worth $340,000 after purchasing an additional 51 shares during the period. Sowell Financial Services LLC boosted its position in Equifax by 4.0% during the second quarter. Sowell Financial Services LLC now owns 1,433 shares of the credit services provider’s stock worth $372,000 after purchasing an additional 55 shares during the period. Finally, Chesley Taft & Associates LLC boosted its position in Equifax by 2.2% during the second quarter. Chesley Taft & Associates LLC now owns 2,721 shares of the credit services provider’s stock worth $706,000 after purchasing an additional 59 shares during the period. Institutional investors and hedge funds own 96.20% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have commented on EFX. Robert W. Baird reduced their price objective on shares of Equifax from $310.00 to $289.00 and set an “outperform” rating for the company in a research report on Wednesday, July 23rd. Oppenheimer reduced their price objective on shares of Equifax from $296.00 to $279.00 and set an “outperform” rating for the company in a research report on Wednesday, July 23rd. Wells Fargo & Company reduced their price objective on shares of Equifax from $310.00 to $300.00 and set an “overweight” rating for the company in a research report on Wednesday, July 23rd. Morgan Stanley reissued an “overweight” rating on shares of Equifax in a research report on Friday, October 3rd. Finally, Bank of America reduced their target price on shares of Equifax from $285.00 to $250.00 and set a “neutral” rating for the company in a research report on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $282.47.
Insider Buying and Selling
In related news, CEO Mark W. Begor sold 48,264 shares of the business’s stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $241.71, for a total value of $11,665,891.44. Following the completion of the transaction, the chief executive officer owned 142,872 shares of the company’s stock, valued at $34,533,591.12. The trade was a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.40% of the stock is currently owned by company insiders.
Equifax Trading Down 1.3%
Shares of Equifax stock opened at $230.11 on Monday. The stock has a market cap of $28.49 billion, a PE ratio of 45.03, a PEG ratio of 2.70 and a beta of 1.68. The firm has a 50-day moving average of $247.65 and a 200-day moving average of $251.24. Equifax, Inc. has a 52-week low of $199.98 and a 52-week high of $294.92. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.77 and a current ratio of 0.77.
Equifax (NYSE:EFX – Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The credit services provider reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.92 by $0.08. The business had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.51 billion. Equifax had a return on equity of 18.89% and a net margin of 10.95%.Equifax’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.82 earnings per share. Equifax has set its Q3 2025 guidance at 1.870-1.970 EPS. FY 2025 guidance at 7.330-7.630 EPS. As a group, sell-side analysts forecast that Equifax, Inc. will post 7.58 EPS for the current year.
Equifax Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, September 2nd. Equifax’s payout ratio is 39.14%.
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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