Meeder Asset Management Inc. raised its holdings in Equifax, Inc. (NYSE:EFX – Free Report) by 9.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 43,764 shares of the credit services provider’s stock after acquiring an additional 3,937 shares during the period. Meeder Asset Management Inc.’s holdings in Equifax were worth $7,881,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. State Street Corp boosted its position in shares of Equifax by 1.3% in the fourth quarter. State Street Corp now owns 5,056,441 shares of the credit services provider’s stock worth $1,097,147,000 after acquiring an additional 66,289 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in Equifax by 35.8% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,344,531 shares of the credit services provider’s stock worth $942,676,000 after purchasing an additional 1,145,921 shares during the period. Brown Advisory Inc. boosted its holdings in shares of Equifax by 57.2% in the 4th quarter. Brown Advisory Inc. now owns 2,809,879 shares of the credit services provider’s stock valued at $609,693,000 after purchasing an additional 1,022,819 shares during the last quarter. Cantillon Capital Management LLC grew its stake in shares of Equifax by 3.9% during the 1st quarter. Cantillon Capital Management LLC now owns 1,791,379 shares of the credit services provider’s stock valued at $322,574,000 after buying an additional 67,381 shares during the period. Finally, Lazard Asset Management LLC increased its holdings in shares of Equifax by 0.6% during the 3rd quarter. Lazard Asset Management LLC now owns 1,736,731 shares of the credit services provider’s stock worth $445,524,000 after buying an additional 9,741 shares during the last quarter. Institutional investors and hedge funds own 96.20% of the company’s stock.
Analysts Set New Price Targets
Several research analysts recently weighed in on EFX shares. Robert W. Baird cut their target price on Equifax from $250.00 to $245.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 22nd. Morgan Stanley cut their price objective on Equifax from $244.00 to $243.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Bank of America reduced their price objective on Equifax from $250.00 to $225.00 and set a “buy” rating on the stock in a research note on Tuesday, May 19th. BNP Paribas Exane decreased their target price on Equifax from $195.00 to $185.00 and set a “neutral” rating for the company in a report on Thursday, June 18th. Finally, Wells Fargo & Company dropped their target price on shares of Equifax from $230.00 to $220.00 and set an “overweight” rating for the company in a research report on Thursday, June 18th. Thirteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $223.39.
Insiders Place Their Bets
In other news, EVP Chad M. Borton sold 2,455 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $173.89, for a total value of $426,899.95. Following the transaction, the executive vice president owned 29,518 shares of the company’s stock, valued at $5,132,885.02. This trade represents a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark W. Begor sold 37,791 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $172.40, for a total value of $6,515,168.40. Following the transaction, the chief executive officer owned 271,730 shares of the company’s stock, valued at approximately $46,846,252. This trade represents a 12.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.70% of the stock is currently owned by company insiders.
Equifax Trading Up 0.0%
Shares of NYSE:EFX opened at $177.17 on Monday. Equifax, Inc. has a 52-week low of $150.74 and a 52-week high of $271.84. The stock has a market capitalization of $21.10 billion, a price-to-earnings ratio of 31.19, a PEG ratio of 1.34 and a beta of 1.32. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.61 and a current ratio of 0.61. The stock’s 50-day simple moving average is $164.94 and its two-hundred day simple moving average is $184.00.
Equifax (NYSE:EFX – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The credit services provider reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.17. Equifax had a net margin of 11.12% and a return on equity of 20.41%. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter last year, the firm posted $1.53 earnings per share. The firm’s revenue was up 14.3% compared to the same quarter last year. Equifax has set its Q2 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.340-8.740 EPS. Analysts expect that Equifax, Inc. will post 8.56 EPS for the current year.
Equifax Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 22nd were paid a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, May 22nd. Equifax’s dividend payout ratio is 39.44%.
Equifax Company Profile
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.
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