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

Bank of New York Mellon Corp acquired a new stake in Equifax, Inc. (NYSE:EFX - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 582,933 shares of the credit services provider's stock, valued at approximately $92,523,000. Bank of New York Mellon Corp owned 0.50% of Equifax at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of EFX. Cullen Frost Bankers Inc. bought a new stake in shares of Equifax in the 4th quarter valued at about $25,000. Ameriflex Group Inc. grew its holdings in Equifax by 612.5% during the 4th quarter. Ameriflex Group Inc. now owns 114 shares of the credit services provider's stock worth $25,000 after acquiring an additional 98 shares during the period. Reflection Asset Management bought a new stake in Equifax in the fourth quarter worth approximately $26,000. Kemnay Advisory Services Inc. bought a new stake in shares of Equifax in the 4th quarter valued at $26,000. Finally, Clearstead Trust LLC acquired a new position in shares of Equifax during the second quarter valued at about $28,000. 96.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Bank of America reduced their target price on Equifax from $250.00 to $225.00 and set a "buy" rating for the company in a research note on Tuesday, May 19th. Needham & Company LLC cut their price target on Equifax from $265.00 to $245.00 and set a "buy" rating on the stock in a report on Wednesday, July 22nd. BNP Paribas Exane reduced their price objective on Equifax from $195.00 to $185.00 and set a "neutral" rating for the company in a research note on Thursday, June 18th. Robert W. Baird decreased their price objective on Equifax from $245.00 to $232.00 and set an "outperform" rating for the company in a report on Wednesday, July 22nd. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and set a $182.00 target price on shares of Equifax in a research report on Tuesday, July 21st. Fourteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Equifax currently has an average rating of "Moderate Buy" and an average price target of $216.89.

Equifax Trading Up 1.0%

NYSE EFX opened at $194.54 on Tuesday. The firm has a market capitalization of $22.86 billion, a P/E ratio of 34.19, a PEG ratio of 1.55 and a beta of 1.30. The business has a fifty day simple moving average of $172.75 and a 200 day simple moving average of $178.11. Equifax, Inc. has a 12 month low of $150.74 and a 12 month high of $271.84. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.92.

Equifax (NYSE:EFX - Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.20 by $0.05. Equifax had a net margin of 10.73% and a return on equity of 21.61%. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.70 billion. During the same period in the previous year, the firm earned $2.00 EPS. The business's revenue for the quarter was up 10.6% compared to the same quarter last year. Equifax has set its Q3 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.390-8.690 EPS. On average, analysts predict that Equifax, Inc. will post 8.57 EPS for the current fiscal year.

Equifax Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $0.56 per share. The ex-dividend date is Monday, August 31st. This represents a $2.24 annualized dividend and a yield of 1.2%. Equifax's payout ratio is 39.37%.

Insider Transactions at Equifax

In other Equifax news, CEO Mark W. Begor sold 37,791 shares of the company's stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $172.16, for a total value of $6,506,098.56. Following the completion of the sale, the chief executive officer directly owned 271,890 shares of the company's stock, valued at approximately $46,808,582.40. This represents a 12.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 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.

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