Midwest Trust Co Purchases New Position in Equifax, Inc. $EFX

Midwest Trust Co bought a new position in Equifax, Inc. (NYSE:EFX) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 2,467 shares of the credit services provider’s stock, valued at approximately $640,000.

Several other hedge funds also recently made changes to their positions in the company. Sound View Wealth Advisors Group LLC grew its holdings in Equifax by 84.6% in the second quarter. Sound View Wealth Advisors Group LLC now owns 4,167 shares of the credit services provider’s stock worth $1,081,000 after purchasing an additional 1,910 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Equifax by 3.5% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,153,823 shares of the credit services provider’s stock valued at $299,267,000 after purchasing an additional 38,739 shares during the last quarter. Aviva PLC grew its stake in shares of Equifax by 14.9% during the 2nd quarter. Aviva PLC now owns 69,602 shares of the credit services provider’s stock valued at $18,053,000 after acquiring an additional 9,051 shares during the period. Los Angeles Capital Management LLC bought a new position in shares of Equifax during the 2nd quarter valued at about $1,692,000. Finally, AE Wealth Management LLC lifted its position in Equifax by 13.2% during the second quarter. AE Wealth Management LLC now owns 3,054 shares of the credit services provider’s stock valued at $792,000 after purchasing an additional 357 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors.

Equifax Stock Up 1.8%

Shares of NYSE EFX opened at $212.63 on Wednesday. The business’s fifty day simple moving average is $236.57 and its 200-day simple moving average is $250.06. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.82. The stock has a market cap of $26.03 billion, a P/E ratio of 40.35, a PEG ratio of 2.41 and a beta of 1.64. Equifax, Inc. has a 12-month low of $199.98 and a 12-month high of $281.07.

Equifax (NYSE:EFX) last announced its earnings results on Tuesday, October 21st. The credit services provider reported $2.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.94 by $0.10. Equifax had a return on equity of 19.28% and a net margin of 11.08%.The firm had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same period in the prior year, the firm earned $1.85 EPS. The business’s revenue was up 7.2% on a year-over-year basis. Equifax has set its Q4 2025 guidance at 1.980-2.080 EPS. FY 2025 guidance at 7.550-7.650 EPS. As a group, equities analysts predict that Equifax, Inc. will post 7.58 EPS for the current fiscal year.

Equifax Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, November 24th will be issued a dividend of $0.50 per share. The ex-dividend date is Monday, November 24th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.9%. Equifax’s payout ratio is 37.95%.

Insider Buying and Selling

In other news, CEO Mark W. Begor sold 27,959 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer directly owned 142,934 shares in the company, valued at $33,032,047.40. This trade represents a 16.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Jamil Farshchi sold 4,925 shares of the firm’s stock in a transaction on 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 transaction, the executive vice president owned 39,364 shares in the company, valued at $9,405,634.16. This trade represents a 11.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 54,270 shares of company stock valued at $12,580,837. Company insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. BMO Capital Markets reduced their price target on Equifax from $251.00 to $245.00 and set a “market perform” rating on the stock in a report on Wednesday, October 22nd. Bank of America lowered their price target on Equifax from $285.00 to $250.00 and set a “neutral” rating for the company in a report on Friday, October 3rd. UBS Group boosted their price objective on shares of Equifax from $287.00 to $297.00 and gave the company a “buy” rating in a report on Monday, September 15th. Wells Fargo & Company cut their target price on shares of Equifax from $300.00 to $285.00 and set an “overweight” rating for the company in a report on Wednesday, October 15th. Finally, Oppenheimer started coverage on Equifax in a research note on Monday, October 13th. They issued an “outperform” rating and a $271.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, Equifax presently has a consensus rating of “Moderate Buy” and a consensus target price of $277.13.

Equifax 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.