28,100 Equifax, Inc. $EFX Shares Sold by Sumitomo Mitsui Trust Group Inc.

Key Points

• Sumitomo Mitsui Trust Group cut its Equifax stake by 10.2%, selling 28,100 shares in the third quarter; it retained 248,629 shares worth about $34.1 million.
• Equifax reported quarterly EPS of $2.26, beating the $2.20 consensus, while revenue of $1.69 billion was in line with estimates and rose 9.6% year over year.
• The company declared a quarterly dividend of $0.56 per share, equivalent to $2.24 annualized and a 1.1% yield. Analysts’ average rating was “Moderate Buy,” with an average price target of $200.55.

Sumitomo Mitsui Trust Group Inc. cut its position in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 10.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 248,629 shares of the credit services provider's stock after selling 28,100 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.21% of Equifax worth $34,122,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of EFX. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Equifax during the 3rd quarter worth approximately $4,041,000. Americana Partners LLC lifted its position in Equifax by 6.3% during the third quarter. Americana Partners LLC now owns 3,532 shares of the credit services provider's stock valued at $485,000 after buying an additional 208 shares in the last quarter. Aprio Wealth Management LLC lifted its position in Equifax by 6.2% during the third quarter. Aprio Wealth Management LLC now owns 1,682 shares of the credit services provider's stock valued at $231,000 after buying an additional 98 shares in the last quarter. International Assets Investment Management LLC grew its stake in Equifax by 1,169.8% during the third quarter. International Assets Investment Management LLC now owns 20,000 shares of the credit services provider's stock worth $2,745,000 after buying an additional 18,425 shares during the period. Finally, Parcion Private Wealth LLC grew its stake in Equifax by 32.0% during the third quarter. Parcion Private Wealth LLC now owns 2,460 shares of the credit services provider's stock worth $338,000 after buying an additional 597 shares during the period. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Key Equifax News

Here are the key news stories impacting Equifax this week:

• Positive Sentiment: Equifax declared a quarterly dividend of $0.56 per share, payable December 15 to shareholders of record November 25. The company also noted its record of paying cash dividends for more than 100 consecutive years. Equifax dividend announcement
• Neutral Sentiment: Zacks Research forecasts $2.81 per share for Q3 2028, consistent with the estimate it gave for Q2 2028; the firm also expects FY2028 EPS of $10.72. These figures provide a longer-term earnings outlook but are not company guidance. Equifax analyst estimates
• Negative Sentiment: Zacks Research cut multiple estimates, including FY2026 EPS to $8.49 from $8.63, FY2027 to $9.33 from $9.84, and FY2028 to $10.72 from $10.95. It also reduced estimates for several quarters spanning Q4 2026 through Q1 2028, signaling softer expectations; the FY2026 estimate is roughly in line with the stated $8.50 consensus. Equifax analyst estimates

Equifax Stock Performance

Equifax stock opened at $194.90 on Friday. The stock's 50 day moving average price is $166.34 and its 200 day moving average price is $176.88. The firm has a market capitalization of $22.81 billion, a PE ratio of 31.49, a price-to-earnings-growth ratio of 1.97 and a beta of 1.27. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.09 and a current ratio of 1.09. Equifax, Inc. has a one year low of $137.01 and a one year high of $228.67.

Equifax (NYSE:EFX - Get Free Report) last released its quarterly earnings results on Tuesday, October 20th. The credit services provider reported $2.26 earnings per share for the quarter, topping analysts' consensus estimates of $2.20 by $0.06. Equifax had a return on equity of 22.48% and a net margin of 11.27%. The firm had revenue of $1.69 billion during the quarter, compared to analysts' expectations of $1.69 billion. During the same quarter in the prior year, the business earned $2.04 EPS. Equifax's quarterly revenue was up 9.6% compared to the same quarter last year. As a group, sell-side analysts expect that Equifax, Inc. will post 8.50 EPS for the current fiscal year.

Equifax Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Wednesday, November 25th will be paid a $0.56 dividend. The ex-dividend date is Wednesday, November 25th. This represents a $2.24 annualized dividend and a dividend yield of 1.1%. Equifax's dividend payout ratio is 36.19%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on EFX shares. Weiss Ratings raised shares of Equifax from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Thursday, August 13th. Rothschild & Co Redburn upgraded shares of Equifax from a "neutral" rating to a "buy" rating and lifted their target price for the company from $214.00 to $235.00 in a report on Friday, August 21st. Credit Suisse Group set a $160.00 price target on shares of Equifax in a research report on Wednesday, September 30th. Stifel Nicolaus lowered their price target on Equifax from $235.00 to $217.00 and set a "buy" rating for the company in a report on Wednesday, October 21st. Finally, Mizuho lowered their price target on Equifax from $210.00 to $185.00 and set an "outperform" rating for the company in a report on Monday, October 19th. Fourteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $200.55.

Insider Buying and Selling at Equifax

In related news, CEO Mark W. Begor sold 37,792 shares of Equifax stock in a transaction on Friday, October 23rd. The shares were sold at an average price of $182.80, for a total transaction of $6,908,377.60. Following the sale, the chief executive officer owned 289,922 shares of the company's stock, valued at $52,997,741.60. The trade was a 11.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John Gamble sold 4,500 shares of the business's stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $187.96, for a total transaction of $845,820.00. Following the completion of the transaction, the executive vice president owned 69,055 shares in the company, valued at $12,979,577.80. This represents a 6.12% 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. Insiders sold 46,292 shares of company stock valued at $8,464,918 over the last 90 days. 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 provides information and services to help businesses, governments and consumers make informed financial and workforce decisions. The company is best known for its credit reporting activities, but its offerings also include identity verification, fraud prevention, income and employment verification, marketing services and risk management solutions.

Equifax provides consumer and commercial credit information, credit reports and related analytics to lenders and other businesses.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.