ICICI Prudential Asset Management Co Ltd bought a new stake in Equifax, Inc. (NYSE:EFX – Free Report) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 14,365 shares of the credit services provider’s stock, valued at approximately $3,117,000.
Other hedge funds have also made changes to their positions in the company. Cullen Frost Bankers Inc. bought a new stake in shares of Equifax in the fourth quarter valued at about $25,000. Lodestone Wealth Management LLC bought a new stake in shares of Equifax in the fourth quarter valued at about $29,000. True Wealth Design LLC lifted its stake in shares of Equifax by 64.4% in the fourth quarter. True Wealth Design LLC now owns 148 shares of the credit services provider’s stock valued at $32,000 after buying an additional 58 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in shares of Equifax in the third quarter valued at about $34,000. Finally, State of Wyoming bought a new stake in shares of Equifax in the second quarter valued at about $34,000. Institutional investors own 96.20% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on EFX. BNP Paribas Exane dropped their price target on shares of Equifax from $210.00 to $195.00 and set a “neutral” rating for the company in a research report on Monday, April 27th. Robert W. Baird dropped their price target on shares of Equifax from $250.00 to $245.00 and set an “outperform” rating for the company in a research report on Wednesday, April 22nd. Wells Fargo & Company dropped their price target on shares of Equifax from $240.00 to $230.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Rothschild & Co Redburn dropped their price target on shares of Equifax from $226.00 to $214.00 in a research report on Friday, May 8th. Finally, UBS Group dropped their price target on shares of Equifax from $245.00 to $220.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Thirteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Equifax currently has a consensus rating of “Moderate Buy” and a consensus price target of $226.67.
Equifax Stock Performance
NYSE EFX opened at $159.12 on Friday. The firm has a market cap of $18.95 billion, a price-to-earnings ratio of 28.01, a PEG ratio of 1.23 and a beta of 1.32. The company has a 50 day moving average of $173.47 and a 200-day moving average of $193.38. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.89. Equifax, Inc. has a 1-year low of $153.91 and a 1-year high of $275.91.
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 for the quarter, topping the consensus estimate of $1.69 by $0.17. The company had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.61 billion. Equifax had a net margin of 11.12% and a return on equity of 20.41%. The company’s revenue was up 14.3% on a year-over-year basis. During the same quarter last year, the business posted $1.53 earnings per share. Equifax has set its Q2 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.340-8.740 EPS. On average, equities analysts forecast that Equifax, Inc. will post 8.57 earnings per share for the current fiscal year.
Equifax Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 22nd will be issued a dividend of $0.56 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.24 annualized dividend and a dividend yield of 1.4%. Equifax’s dividend payout ratio (DPR) is presently 39.44%.
Insider Activity at Equifax
In other news, CEO Mark W. Begor sold 37,791 shares of the firm’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 transaction of $6,515,168.40. Following the completion of the sale, 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chad M. Borton sold 2,455 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $173.89, for a total transaction of $426,899.95. Following the sale, the executive vice president directly owned 29,518 shares of the company’s stock, valued at approximately $5,132,885.02. The trade was a 7.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.70% of the company’s stock.
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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