American Century Companies Inc. Cuts Stake in Equifax, Inc. $EFX

Key Points

• American Century Companies Inc. reduced its position in Equifax Inc. by 68.0%, now owning approximately 0.11% of the company valued at $33.68 million.
• Equifax reported earnings per share of $2.00, surpassing estimates, with a net margin of 10.95% and a 7.4% year-over-year revenue increase.
• The company declared a quarterly dividend of $0.50 per share, with a payout ratio of 39.14%, scheduled for payment on September 15th.

American Century Companies Inc. reduced its stake in Equifax, Inc. (NYSE:EFX - Free Report) by 68.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 138,291 shares of the credit services provider's stock after selling 294,525 shares during the period. American Century Companies Inc. owned 0.11% of Equifax worth $33,682,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of EFX. True Wealth Design LLC boosted its holdings in Equifax by 1,920.0% in the 4th quarter. True Wealth Design LLC now owns 101 shares of the credit services provider's stock valued at $26,000 after purchasing an additional 96 shares during the period. Ameriflex Group Inc. bought a new stake in Equifax in the 4th quarter valued at about $28,000. N.E.W. Advisory Services LLC bought a new stake in Equifax in the 1st quarter valued at about $28,000. Colonial Trust Co SC boosted its holdings in Equifax by 505.0% in the 4th quarter. Colonial Trust Co SC now owns 121 shares of the credit services provider's stock valued at $31,000 after purchasing an additional 101 shares during the period. Finally, Zions Bancorporation National Association UT bought a new stake in Equifax in the 1st quarter valued at about $32,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Equifax

In other news, CEO Mark W. Begor sold 48,264 shares of the business's stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $241.71, for a total transaction of $11,665,891.44. Following the completion of the transaction, the chief executive officer owned 142,872 shares of the company's stock, valued at approximately $34,533,591.12. The trade was a 25.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.40% of the company's stock.

Equifax Stock Performance

Equifax stock traded down $2.74 during midday trading on Tuesday, reaching $248.02. The stock had a trading volume of 303,816 shares, compared to its average volume of 1,049,137. Equifax, Inc. has a 12 month low of $199.98 and a 12 month high of $309.63. The firm's 50-day moving average price is $252.32 and its 200 day moving average price is $250.28. The firm has a market capitalization of $30.70 billion, a PE ratio of 48.57, a P/E/G ratio of 3.07 and a beta of 1.64. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.79.

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

Equifax Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on EFX. Robert W. Baird cut their price objective on shares of Equifax from $310.00 to $289.00 and set an "outperform" rating for the company in a report on Wednesday, July 23rd. Royal Bank Of Canada reiterated an "outperform" rating and set a $300.00 price objective on shares of Equifax in a research note on Wednesday, June 18th. Barclays reduced their price objective on shares of Equifax from $260.00 to $240.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 23rd. Bank of America downgraded shares of Equifax from a "buy" rating to a "neutral" rating and reduced their price objective for the stock from $300.00 to $285.00 in a research note on Monday, June 23rd. Finally, Citigroup reduced their price objective on shares of Equifax from $294.00 to $290.00 and set a "buy" rating on the stock in a research note on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $283.53.

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.