Envestnet Asset Management Inc. Decreases Stock Position in Equifax, Inc. $EFX

Envestnet Asset Management Inc. reduced its position in Equifax, Inc. (NYSE:EFX) by 1.9% in the second quarter, Holdings Channel.com reports. The fund owned 286,094 shares of the credit services provider’s stock after selling 5,426 shares during the period. Envestnet Asset Management Inc.’s holdings in Equifax were worth $74,204,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in Equifax by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 14,708,331 shares of the credit services provider’s stock worth $3,582,361,000 after purchasing an additional 318,826 shares during the period. Price T Rowe Associates Inc. MD grew its position in Equifax by 40.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,037,804 shares of the credit services provider’s stock worth $1,714,129,000 after purchasing an additional 2,009,987 shares during the period. Harris Associates L P grew its position in Equifax by 27.6% in the 1st quarter. Harris Associates L P now owns 4,570,557 shares of the credit services provider’s stock worth $1,113,205,000 after purchasing an additional 987,772 shares during the period. Generation Investment Management LLP grew its position in Equifax by 63.4% in the 1st quarter. Generation Investment Management LLP now owns 2,801,325 shares of the credit services provider’s stock worth $682,291,000 after purchasing an additional 1,087,446 shares during the period. Finally, JPMorgan Chase & Co. grew its position in Equifax by 119.3% in the 1st quarter. JPMorgan Chase & Co. now owns 1,453,618 shares of the credit services provider’s stock worth $354,044,000 after purchasing an additional 790,919 shares during the period. Institutional investors own 96.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on EFX shares. 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 research report on Wednesday, October 15th. BMO Capital Markets cut their target price on shares of Equifax from $251.00 to $245.00 and set a “market perform” rating for the company in a research report on Wednesday, October 22nd. JPMorgan Chase & Co. cut their price objective on shares of Equifax from $277.00 to $272.00 and set an “overweight” rating for the company in a research report on Wednesday, July 23rd. Oppenheimer initiated coverage on shares of Equifax in a research report on Monday, October 13th. They set an “outperform” rating and a $271.00 price objective for the company. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Equifax in a research report on Wednesday, October 8th. 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 data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $277.13.

Insider Buying and Selling at Equifax

In related news, CEO Mark W. Begor sold 27,959 shares of the company’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $231.10, for a total value of $6,461,324.90. Following the completion of the transaction, the chief executive officer owned 142,934 shares of the company’s stock, valued at approximately $33,032,047.40. This represents a 16.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Jamil Farshchi sold 4,925 shares of the company’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $238.94, for a total transaction of $1,176,779.50. Following the completion of the transaction, the executive vice president directly owned 39,364 shares of the company’s stock, valued at $9,405,634.16. This represents a 11.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 54,270 shares of company stock valued at $12,580,837 in the last ninety days. 1.40% of the stock is currently owned by insiders.

Equifax Trading Down 1.4%

Shares of Equifax stock opened at $211.40 on Friday. The company has a market capitalization of $25.87 billion, a P/E ratio of 40.11, a P/E/G ratio of 2.41 and a beta of 1.68. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.74 and a current ratio of 0.74. The company has a fifty day moving average of $242.56 and a 200 day moving average of $251.21. Equifax, Inc. has a fifty-two week low of $199.98 and a fifty-two week high of $281.07.

Equifax (NYSE:EFX) last issued 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 company had revenue of $1.54 billion during 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%. Equifax’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. On average, sell-side analysts anticipate that Equifax, Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were issued a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $2.00 annualized dividend and a yield of 0.9%. Equifax’s dividend payout ratio is currently 37.95%.

About Equifax

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.