Bank of New York Mellon Corp Reduces Position in Equifax, Inc. $EFX

Bank of New York Mellon Corp decreased its position in Equifax, Inc. (NYSE:EFX) by 5.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,039,526 shares of the credit services provider’s stock after selling 59,192 shares during the period. Bank of New York Mellon Corp owned approximately 0.84% of Equifax worth $269,622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Equifax by 2.2% in the first quarter. Vanguard Group Inc. now owns 14,708,331 shares of the credit services provider’s stock valued at $3,582,361,000 after purchasing an additional 318,826 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Equifax by 40.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,037,804 shares of the credit services provider’s stock worth $1,714,129,000 after buying an additional 2,009,987 shares during the period. Harris Associates L P increased its holdings in Equifax by 27.6% in the 1st quarter. Harris Associates L P now owns 4,570,557 shares of the credit services provider’s stock worth $1,113,205,000 after buying an additional 987,772 shares during the period. Generation Investment Management LLP raised its position in Equifax by 63.4% during the 1st quarter. Generation Investment Management LLP now owns 2,801,325 shares of the credit services provider’s stock worth $682,291,000 after buying an additional 1,087,446 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Equifax by 119.3% during the 1st quarter. JPMorgan Chase & Co. now owns 1,453,618 shares of the credit services provider’s stock valued at $354,044,000 after acquiring an additional 790,919 shares during the period. Institutional investors and hedge funds own 96.20% of the company’s stock.

Insider Buying and Selling at Equifax

In related news, CEO Mark W. Begor sold 27,959 shares of the stock in a transaction on Monday, October 27th. The stock was sold at an average price of $231.10, for a total value of $6,461,324.90. Following the completion of the transaction, the chief executive officer directly owned 142,934 shares of the company’s stock, valued at approximately $33,032,047.40. This represents a 16.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Jamil Farshchi sold 4,925 shares of Equifax stock in a transaction on Monday, October 27th. The stock was sold at an average price of $238.94, for a total transaction of $1,176,779.50. Following the sale, the executive vice president directly owned 39,364 shares in the company, valued at approximately $9,405,634.16. This trade represents a 11.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 54,270 shares of company stock valued at $12,580,837. 1.40% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on EFX shares. Robert W. Baird cut their price objective on shares of Equifax from $310.00 to $289.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 23rd. Oppenheimer began coverage on shares of Equifax in a report on Monday, October 13th. They issued an “outperform” rating and a $271.00 price target on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of Equifax in a research note on Wednesday, October 8th. Barclays decreased their price objective on Equifax from $260.00 to $240.00 and set an “equal weight” rating for the company in a report on Wednesday, July 23rd. Finally, BMO Capital Markets lowered their target price on Equifax from $251.00 to $245.00 and set a “market perform” rating on the stock in a research note on Wednesday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $277.13.

Equifax Stock Performance

EFX opened at $208.50 on Wednesday. The firm’s fifty day simple moving average is $240.08 and its two-hundred day simple moving average is $251.35. Equifax, Inc. has a 52-week low of $199.98 and a 52-week high of $281.07. The company has a market cap of $25.52 billion, a price-to-earnings ratio of 39.56, a PEG ratio of 2.41 and a beta of 1.68. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.82.

Equifax (NYSE:EFX) last released its quarterly earnings results on Tuesday, October 21st. The credit services provider reported $2.04 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.10. The firm had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.52 billion. Equifax had a net margin of 11.08% and a return on equity of 19.28%. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.85 EPS. Equifax has set its Q4 2025 guidance at 1.980-2.080 EPS. FY 2025 guidance at 7.550-7.650 EPS. Equities analysts anticipate that Equifax, Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Tuesday, September 2nd. Equifax’s payout ratio is presently 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.