CIBC Asset Management Inc Lowers Holdings in Equifax, Inc. $EFX

CIBC Asset Management Inc lowered its stake in shares of Equifax, Inc. (NYSE:EFX) by 4.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 202,326 shares of the credit services provider’s stock after selling 9,916 shares during the quarter. CIBC Asset Management Inc owned about 0.16% of Equifax worth $51,772,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Country Trust Bank acquired a new position in Equifax during the second quarter worth approximately $26,000. Ameritas Advisory Services LLC purchased a new stake in shares of Equifax during the 2nd quarter valued at $31,000. Zions Bancorporation National Association UT acquired a new stake in shares of Equifax during the 1st quarter worth $32,000. NewSquare Capital LLC increased its holdings in shares of Equifax by 98.5% during the 2nd quarter. NewSquare Capital LLC now owns 135 shares of the credit services provider’s stock worth $35,000 after buying an additional 67 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of Equifax in the 2nd quarter worth $46,000. 96.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on EFX. Oppenheimer initiated coverage on Equifax in a research note on Monday, October 13th. They set an “outperform” rating and a $271.00 price target for the company. Seaport Res Ptn raised shares of Equifax to a “hold” rating in a research report on Wednesday, October 1st. Wells Fargo & Company cut their price target on shares of Equifax from $300.00 to $285.00 and set an “overweight” rating on the stock in a report on Wednesday, October 15th. Bank of America decreased their price objective on shares of Equifax from $285.00 to $250.00 and set a “neutral” rating for the company in a research note on Friday, October 3rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Equifax in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $276.40.

Insider Activity at Equifax

In related news, CEO Mark W. Begor sold 21,386 shares of the company’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $231.12, for a total transaction of $4,942,732.32. Following the completion of the transaction, the chief executive officer directly owned 22,045 shares in the company, valued at $5,095,040.40. This represents a 49.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Jamil Farshchi sold 4,925 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president owned 39,364 shares of the company’s stock, valued at $9,405,634.16. This represents a 11.12% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 54,270 shares of company stock worth $12,580,837. Company insiders own 1.40% of the company’s stock.

Equifax Stock Performance

Equifax stock opened at $215.11 on Thursday. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.74 and a quick ratio of 0.74. Equifax, Inc. has a 12-month low of $199.98 and a 12-month high of $281.07. The firm’s fifty day moving average price is $217.89 and its 200 day moving average price is $241.69. The company has a market capitalization of $26.33 billion, a price-to-earnings ratio of 40.82, a price-to-earnings-growth ratio of 2.34 and a beta of 1.59.

Equifax (NYSE:EFX) last announced its quarterly earnings data 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 company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.52 billion. Equifax had a net margin of 11.08% and a return on equity of 19.28%. During the same period last year, the business earned $1.85 EPS. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. Equifax has set its Q4 2025 guidance at 1.980-2.080 EPS and its FY 2025 guidance at 7.550-7.650 EPS. On average, research analysts forecast that Equifax, Inc. will post 7.58 EPS for the current fiscal year.

Equifax Announces Dividend

The business 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 dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Monday, November 24th. Equifax’s dividend payout ratio is presently 37.95%.

About Equifax

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.