Equifax, Inc. (NYSE:EFX - Get Free Report) CEO Mark Begor sold 37,791 shares of the business'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 value 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 $46,846,252. The trade was a 12.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Equifax Stock Up 0.8%
Shares of NYSE EFX opened at $171.92 on Wednesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.61 and a current ratio of 0.61. The firm has a market capitalization of $20.47 billion, a price-to-earnings ratio of 30.27, a PEG ratio of 1.28 and a beta of 1.56. The stock has a 50 day moving average price of $187.54 and a 200 day moving average price of $203.83. Equifax, Inc. has a 52-week low of $166.02 and a 52-week high of $281.03.
Equifax (NYSE:EFX - Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The credit services provider reported $1.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.69 by $0.17. The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.61 billion. Equifax had a return on equity of 20.41% and a net margin of 11.12%.Equifax's quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. Sell-side analysts expect that Equifax, Inc. will post 8.58 earnings per share for the current year.
Equifax Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Monday, March 9th were paid a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 1.3%. This is a positive change from Equifax's previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Monday, March 9th. Equifax's payout ratio is presently 39.44%.
Hedge Funds Weigh In On Equifax
Hedge funds have recently made changes to their positions in the company. Allianz Asset Management GmbH increased its position in shares of Equifax by 6.0% in the 3rd quarter. Allianz Asset Management GmbH now owns 392,560 shares of the credit services provider's stock valued at $100,703,000 after acquiring an additional 22,302 shares during the period. Explore Capital Management LLC increased its position in shares of Equifax by 34.6% in the 3rd quarter. Explore Capital Management LLC now owns 40,930 shares of the credit services provider's stock valued at $10,500,000 after acquiring an additional 10,530 shares during the period. SteelPeak Wealth LLC increased its position in shares of Equifax by 164.6% in the 3rd quarter. SteelPeak Wealth LLC now owns 8,034 shares of the credit services provider's stock valued at $2,061,000 after acquiring an additional 4,998 shares during the period. JPMorgan Chase & Co. increased its position in shares of Equifax by 27.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 767,982 shares of the credit services provider's stock valued at $197,018,000 after acquiring an additional 163,866 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in shares of Equifax by 34.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 383,441 shares of the credit services provider's stock valued at $98,364,000 after acquiring an additional 97,347 shares during the period. 96.20% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
EFX has been the subject of a number of recent research reports. Bank of America initiated coverage on shares of Equifax in a research note on Tuesday, February 17th. They issued a "buy" rating and a $250.00 price objective for the company. JPMorgan Chase & Co. reduced their price objective on shares of Equifax from $260.00 to $230.00 and set an "overweight" rating for the company in a research note on Thursday, February 5th. Barclays reduced their price objective on shares of Equifax from $240.00 to $215.00 and set an "equal weight" rating for the company in a research note on Thursday, February 5th. Jefferies Financial Group reduced their price objective on shares of Equifax from $240.00 to $220.00 and set a "buy" rating for the company in a research note on Friday, April 17th. Finally, Citigroup reduced their price objective on shares of Equifax from $256.00 to $238.00 and set a "buy" rating for the company in a research note on Wednesday, April 22nd. Thirteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Equifax has an average rating of "Moderate Buy" and an average target price of $228.88.
Check Out Our Latest Stock Analysis on EFX
About Equifax
(
Get Free Report)
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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