Midwest Trust Co bought a new position in Equifax, Inc. (NYSE:EFX – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,467 shares of the credit services provider’s stock, valued at approximately $640,000.
A number of other large investors have also modified their holdings of EFX. N.E.W. Advisory Services LLC acquired a new position in Equifax during the 1st quarter worth $28,000. Ameritas Advisory Services LLC acquired a new stake in shares of Equifax during the second quarter worth $31,000. Zions Bancorporation National Association UT acquired a new position in Equifax in the 1st quarter worth approximately $32,000. NewSquare Capital LLC increased its holdings in shares of Equifax by 98.5% in the 2nd quarter. NewSquare Capital LLC now owns 135 shares of the credit services provider’s stock valued at $35,000 after purchasing an additional 67 shares during the period. Finally, Adirondack Trust Co. acquired a new stake in Equifax during the second quarter valued at $59,000. Institutional investors and hedge funds own 96.20% of the company’s stock.
Analysts Set New Price Targets
EFX has been the subject of a number of recent research reports. BMO Capital Markets cut their target price on Equifax from $251.00 to $245.00 and set a “market perform” rating for the company in a research note on Wednesday, October 22nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Equifax in a research note on Wednesday, October 8th. Wells Fargo & Company cut their price objective on shares of Equifax from $300.00 to $285.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 15th. Seaport Res Ptn raised Equifax to a “hold” rating in a research note on Wednesday, October 1st. Finally, Stifel Nicolaus lowered their price objective on shares of Equifax from $295.00 to $253.00 and set a “buy” rating on the stock in a report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Equifax presently has an average rating of “Moderate Buy” and a consensus target price of $277.13.
Insider Activity at Equifax
In other Equifax news, CEO Mark W. Begor sold 21,386 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $231.12, for a total value of $4,942,732.32. Following the transaction, the chief executive officer directly owned 22,045 shares of the company’s stock, valued at approximately $5,095,040.40. The trade was a 49.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Jamil Farshchi sold 4,925 shares of the company’s 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 transaction, the executive vice president directly owned 39,364 shares in the company, valued at $9,405,634.16. The trade was a 11.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 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 Up 1.8%
Shares of Equifax stock opened at $212.63 on Wednesday. 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 capitalization of $26.03 billion, a price-to-earnings ratio of 40.35, a PEG ratio of 2.41 and a beta of 1.64. The firm’s 50-day moving average price is $236.57 and its two-hundred day moving average price is $250.06. Equifax, Inc. has a 12-month low of $199.98 and a 12-month high of $281.07.
Equifax (NYSE:EFX – Get Free Report) last released 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. The firm had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Equifax had a return on equity of 19.28% and a net margin of 11.08%.The business’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.85 earnings per share. Equifax has set its Q4 2025 guidance at 1.980-2.080 EPS. FY 2025 guidance at 7.550-7.650 EPS. On average, analysts forecast that Equifax, Inc. will post 7.58 earnings per share for the current fiscal year.
Equifax Dividend Announcement
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 given a $0.50 dividend. 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%.
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.
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