HB Wealth Management LLC Reduces Holdings in Equifax, Inc. $EFX

Key Points

• HB Wealth Management LLC reduced its holdings in Equifax by 55.5%, selling 10,545 shares and leaving them with 8,455 shares valued at approximately $2.19 million.
• Hedge funds and institutional investors own 96.20% of Equifax's stock, with several firms making new purchases in the first quarter.
• Equifax recently reported a quarterly earnings of $2.00 per share, exceeding analysts' expectations, and has provided guidance of 7.58 EPS for the current year.

HB Wealth Management LLC decreased its position in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 55.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,455 shares of the credit services provider's stock after selling 10,545 shares during the quarter. HB Wealth Management LLC's holdings in Equifax were worth $2,193,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. N.E.W. Advisory Services LLC purchased a new position in shares of Equifax during the first quarter worth about $28,000. Zions Bancorporation National Association UT purchased a new position in shares of Equifax during the first quarter worth about $32,000. City Holding Co. purchased a new position in shares of Equifax during the first quarter worth about $34,000. ST Germain D J Co. Inc. purchased a new position in shares of Equifax during the first quarter worth about $38,000. Finally, Adirondack Trust Co. purchased a new position in shares of Equifax during the second quarter worth about $59,000. Hedge funds and other institutional investors own 96.20% of the company's stock.

Analyst Ratings Changes

EFX has been the topic of a number of research reports. Robert W. Baird lowered their price target on Equifax from $310.00 to $289.00 and set an "outperform" rating on the stock in a report on Wednesday, July 23rd. Needham & Company LLC reissued a "buy" rating and set a $295.00 price target on shares of Equifax in a report on Friday, June 20th. JPMorgan Chase & Co. lowered their price target on Equifax from $277.00 to $272.00 and set an "overweight" rating on the stock in a report on Wednesday, July 23rd. Oppenheimer lowered their price target on Equifax from $296.00 to $279.00 and set an "outperform" rating on the stock in a report on Wednesday, July 23rd. Finally, Wells Fargo & Company lowered their price target on Equifax from $310.00 to $300.00 and set an "overweight" rating on the stock in a report on Wednesday, July 23rd. One research 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 company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $284.80.

Equifax Price Performance

Shares of EFX opened at $254.06 on Thursday. Equifax, Inc. has a twelve month low of $199.98 and a twelve month high of $294.92. The stock's 50 day moving average is $248.74 and its two-hundred day moving average is $251.45. The firm has a market capitalization of $31.45 billion, a PE ratio of 49.72, a P/E/G ratio of 3.09 and a beta of 1.68. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.79.

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

Equifax Dividend Announcement

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

Insiders Place Their Bets

In other news, CEO Mark W. Begor sold 48,264 shares of the business's stock in a transaction that occurred on 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 sale, the chief executive officer owned 142,872 shares of the company's stock, valued at $34,533,591.12. The trade was a 25.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.40% of the company's stock.

About Equifax

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.

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