Equifax, Inc. $EFX Shares Sold by Handelsbanken Fonder AB

Key Points

• Handelsbanken Fonder AB cut its Equifax stake by 14% in the second quarter, selling 5,549 shares and retaining 34,154 shares worth approximately $5.4 million. Institutional investors and hedge funds collectively own 96.2% of Equifax.
• Analysts maintain a generally positive view, with 13 Buy ratings, five Holds and one Sell; the stock has an average “Moderate Buy” rating and a consensus price target of $215.79.
• Equifax reported quarterly EPS of $2.25, exceeding estimates by $0.05, while revenue rose 10.6% year over year to $1.70 billion. CEO Mark Begor separately sold 37,791 shares for approximately $6.5 million under a pre-arranged Rule 10b5-1 plan.

Handelsbanken Fonder AB lessened its position in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 14.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,154 shares of the credit services provider's stock after selling 5,549 shares during the period. Handelsbanken Fonder AB's holdings in Equifax were worth $5,421,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Cullen Frost Bankers Inc. acquired a new position in Equifax during the fourth quarter valued at approximately $25,000. Ameriflex Group Inc. raised its stake in shares of Equifax by 612.5% in the 4th quarter. Ameriflex Group Inc. now owns 114 shares of the credit services provider's stock valued at $25,000 after acquiring an additional 98 shares during the period. Reflection Asset Management acquired a new position in shares of Equifax during the 4th quarter valued at $26,000. Kemnay Advisory Services Inc. acquired a new position in shares of Equifax during the 4th quarter valued at $26,000. Finally, MV Capital Management Inc. purchased a new stake in Equifax during the 4th quarter worth $31,000. 96.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Jefferies Financial Group reduced their price objective on Equifax from $220.00 to $200.00 and set a "buy" rating on the stock in a research note on Friday, April 24th. Citigroup lowered their target price on Equifax from $256.00 to $238.00 and set a "buy" rating for the company in a research note on Wednesday, April 22nd. Weiss Ratings downgraded Equifax from a "hold (c-)" rating to a "sell (d+)" rating in a report on Thursday, July 30th. Rothschild & Co Redburn reduced their price target on Equifax from $226.00 to $214.00 in a research report on Friday, May 8th. Finally, Needham & Company LLC decreased their price target on Equifax from $265.00 to $245.00 and set a "buy" rating for the company in a report on Wednesday, July 22nd. Thirteen equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $215.79.

Equifax Price Performance

EFX stock opened at $180.88 on Friday. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.92. Equifax, Inc. has a 52-week low of $150.74 and a 52-week high of $271.84. The stock's 50 day moving average is $169.94 and its two-hundred day moving average is $178.79. The company has a market capitalization of $21.25 billion, a PE ratio of 31.79, a P/E/G ratio of 1.49 and a beta of 1.30.

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

Insider Activity

In other news, CEO Mark W. Begor sold 37,791 shares of the stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $172.16, for a total transaction of $6,506,098.56. Following the transaction, the chief executive officer owned 271,890 shares of the company's stock, valued at approximately $46,808,582.40. This trade represents a 12.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.70% of the company's stock.

About Equifax

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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