Asahi Life Asset Management CO. LTD. Makes New Investment in Equifax, Inc. $EFX

Asahi Life Asset Management CO. LTD. purchased a new position in shares of Equifax, Inc. (NYSE:EFXFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,450 shares of the credit services provider’s stock, valued at approximately $376,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. N.E.W. Advisory Services LLC acquired a new position in shares of Equifax during the 1st quarter worth about $28,000. Ameritas Advisory Services LLC acquired a new position in shares of Equifax during the 2nd quarter worth about $31,000. Zions Bancorporation National Association UT acquired a new position in shares of Equifax during the 1st quarter worth about $32,000. NewSquare Capital LLC boosted its position in shares of Equifax by 98.5% during the 2nd quarter. NewSquare Capital LLC now owns 135 shares of the credit services provider’s stock worth $35,000 after acquiring an additional 67 shares in the last quarter. Finally, Adirondack Trust Co. acquired a new position in shares of Equifax during the 2nd quarter worth about $59,000. 96.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on EFX. UBS Group upped 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. Seaport Res Ptn raised Equifax to a “hold” rating in a research report on Wednesday, October 1st. JPMorgan Chase & Co. lowered their price objective on Equifax from $277.00 to $272.00 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 report on Friday, October 3rd. Finally, BMO Capital Markets reduced their target price on Equifax from $251.00 to $245.00 and set a “market perform” rating for the company in a report on Wednesday, October 22nd. One 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, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $277.13.

Read Our Latest Report on Equifax

Insider Buying and Selling

In other Equifax news, CEO Mark W. Begor sold 21,386 shares of the stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $231.12, for a total transaction of $4,942,732.32. Following the completion of the sale, the chief executive officer directly owned 22,045 shares of the company’s stock, valued at approximately $5,095,040.40. This trade represents a 49.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Jamil Farshchi sold 4,925 shares of the stock in a transaction that occurred 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 sale, the executive vice president directly owned 39,364 shares of the company’s stock, valued at $9,405,634.16. The trade was a 11.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 54,270 shares of company stock valued at $12,580,837 over the last ninety days. 1.40% of the stock is owned by insiders.

Equifax Stock Down 0.5%

EFX opened at $207.40 on Thursday. Equifax, Inc. has a 52 week low of $199.98 and a 52 week high of $281.07. The business has a 50 day moving average price of $239.31 and a two-hundred day moving average price of $251.05. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.82. The company has a market cap of $25.38 billion, a PE ratio of 39.35, a P/E/G ratio of 2.41 and a beta of 1.64.

Equifax (NYSE:EFXGet Free Report) last posted its quarterly earnings data on Tuesday, October 21st. The credit services provider reported $2.04 earnings per share for the quarter, topping 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 company had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same period last year, the firm earned $1.85 EPS. The firm’s revenue for the quarter 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, research analysts anticipate that Equifax, Inc. will post 7.58 EPS for the current year.

Equifax Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, September 2nd. Equifax’s dividend payout ratio (DPR) is presently 37.95%.

Equifax Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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