Equifax, Inc. $EFX Shares Sold by Alliancebernstein L.P.

Key Points

• Alliancebernstein L.P. reduced its stake in Equifax by 12.4%, selling 19,684 shares and leaving it with a holding of 139,391 shares worth approximately $33.95 million.
• Several institutional investors, including Price T Rowe Associates Inc. and JPMorgan Chase & Co., significantly increased their stakes in Equifax during the first quarter.
• Equifax announced a quarterly dividend of $0.50 per share, representing an annualized yield of 0.8%, with the payment date set for September 15th.

Alliancebernstein L.P. lessened its position in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 12.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 139,391 shares of the credit services provider's stock after selling 19,684 shares during the quarter. Alliancebernstein L.P. owned about 0.11% of Equifax worth $33,950,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in EFX. Ameriflex Group Inc. acquired a new stake in Equifax during the 4th quarter worth approximately $28,000. N.E.W. Advisory Services LLC acquired a new stake in Equifax during the 1st quarter worth approximately $28,000. Zions Bancorporation National Association UT acquired a new stake in Equifax during the 1st quarter worth approximately $32,000. City Holding Co. acquired a new stake in Equifax during the 1st quarter worth approximately $34,000. Finally, ST Germain D J Co. Inc. acquired a new stake in Equifax during the 1st quarter worth approximately $38,000. 96.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Equifax

In other news, CEO Mark W. Begor sold 48,264 shares of the business's stock in a transaction on Monday, July 28th. The stock was sold at an average price of $241.71, for a total value of $11,665,891.44. Following the completion of the transaction, the chief executive officer directly owned 142,872 shares of the company's stock, valued at $34,533,591.12. The trade was a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. BMO Capital Markets decreased their price objective on Equifax from $280.00 to $260.00 and set a "market perform" rating for the company in a research report on Wednesday, July 23rd. UBS Group decreased their price objective on Equifax from $315.00 to $278.00 and set a "buy" rating for the company in a research report on Wednesday, July 23rd. JPMorgan Chase & Co. decreased their price objective on Equifax from $277.00 to $272.00 and set an "overweight" rating for the company in a research report on Wednesday, July 23rd. Needham & Company LLC restated a "buy" rating and issued a $295.00 price target on shares of Equifax in a research note on Friday, June 20th. Finally, Wells Fargo & Company decreased their price target on Equifax from $310.00 to $300.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $283.53.

Equifax Price Performance

EFX stock traded down $3.77 during midday trading on Friday, hitting $256.46. 733,369 shares of the stock were exchanged, compared to its average volume of 880,827. The stock's 50-day moving average price is $249.19 and its 200-day moving average price is $250.28. The stock has a market cap of $31.75 billion, a price-to-earnings ratio of 50.19, a PEG ratio of 3.14 and a beta of 1.68. Equifax, Inc. has a fifty-two week low of $199.98 and a fifty-two week high of $309.63. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.77 and a current ratio of 0.77.

Equifax (NYSE:EFX - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The credit services provider reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.08. The firm had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $1.51 billion. Equifax had a return on equity of 18.89% and a net margin of 10.95%.Equifax's revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.82 earnings per share. Equifax has set its Q3 2025 guidance at 1.870-1.970 EPS. FY 2025 guidance at 7.330-7.630 EPS. Research analysts predict that Equifax, Inc. will post 7.58 earnings per share for the current year.

Equifax Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, September 2nd. Equifax's payout ratio is 39.14%.

Equifax Company 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.