Equifax (NYSE:EFX – Free Report) had its price objective decreased by UBS Group from $230.00 to $220.00 in a research note issued to investors on Monday morning,Benzinga reports. UBS Group currently has a buy rating on the credit services provider’s stock.
A number of other brokerages also recently issued reports on EFX. Robert W. Baird set a $250.00 price objective on shares of Equifax in a research report on Thursday, February 5th. Needham & Company LLC cut their price objective on shares of Equifax from $295.00 to $265.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. Morgan Stanley cut their price objective on shares of Equifax from $269.00 to $244.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Argus raised shares of Equifax to a “hold” rating in a research report on Monday, March 2nd. Finally, Royal Bank Of Canada set a $220.00 price objective on shares of Equifax in a research report on Thursday, February 5th. Eleven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Equifax presently has an average rating of “Moderate Buy” and a consensus price target of $237.86.
Equifax Trading Up 4.6%
Equifax (NYSE:EFX – Get Free Report) last posted its earnings results on Wednesday, February 4th. The credit services provider reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $2.05 by $0.04. Equifax had a net margin of 10.87% and a return on equity of 19.27%. The business had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter last year, the firm posted $2.12 EPS. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. Equifax has set its FY 2026 guidance at 8.300-8.700 EPS and its Q1 2026 guidance at 1.630-1.730 EPS. Equities analysts forecast that Equifax will post 7.58 EPS for the current fiscal year.
Equifax Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Monday, March 9th were paid a $0.56 dividend. This is a boost from Equifax’s previous quarterly dividend of $0.50. The ex-dividend date was Monday, March 9th. This represents a $2.24 dividend on an annualized basis and a yield of 1.2%. Equifax’s dividend payout ratio (DPR) is 42.11%.
Insider Buying and Selling
In related news, EVP Jamil Farshchi sold 1,167 shares of Equifax stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $199.87, for a total value of $233,248.29. Following the completion of the sale, the executive vice president directly owned 39,869 shares in the company, valued at $7,968,617.03. This trade represents a 2.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Mark W. Begor sold 37,791 shares of Equifax stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $201.89, for a total transaction of $7,629,624.99. Following the completion of the sale, the chief executive officer owned 230,506 shares of the company’s stock, valued at $46,536,856.34. This trade represents a 14.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 49,671 shares of company stock worth $9,960,181 in the last three months. Corporate insiders own 1.70% of the company’s stock.
Institutional Trading of Equifax
A number of institutional investors have recently bought and sold shares of EFX. Cullen Frost Bankers Inc. acquired a new stake in Equifax in the 4th quarter worth approximately $25,000. Ameriflex Group Inc. boosted its stake in Equifax by 612.5% in the 4th quarter. Ameriflex Group Inc. now owns 114 shares of the credit services provider’s stock worth $25,000 after purchasing an additional 98 shares in the last quarter. Reflection Asset Management acquired a new stake in Equifax in the 4th quarter worth approximately $26,000. Kemnay Advisory Services Inc. acquired a new stake in Equifax in the 4th quarter worth approximately $26,000. Finally, Lodestone Wealth Management LLC acquired a new stake in Equifax in the 4th quarter worth approximately $29,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.
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.
Further Reading
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