Praxis Investment Management Inc. Sells 1,820 Shares of Equifax, Inc. $EFX

Key Points

• Praxis Investment Management Inc. has reduced its stake in Equifax, Inc. by 59.1%, selling 1,820 shares to hold a total of 1,260 shares worth approximately $327,000.
• Equifax reported $2.00 per share earnings for the last quarter, exceeding analysts' predictions of $1.92, alongside a quarterly revenue of $1.54 billion, up 7.4% year-over-year.
• Equifax declared a quarterly dividend of $0.50 per share, translating to an annualized dividend of $2.00 with a yield of 0.9% as of the last distribution date.

Praxis Investment Management Inc. trimmed its holdings in Equifax, Inc. (NYSE:EFX - Free Report) by 59.1% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,260 shares of the credit services provider's stock after selling 1,820 shares during the quarter. Praxis Investment Management Inc.'s holdings in Equifax were worth $327,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of EFX. Price T Rowe Associates Inc. MD increased its holdings in Equifax by 40.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,037,804 shares of the credit services provider's stock worth $1,714,129,000 after buying an additional 2,009,987 shares in the last quarter. Generation Investment Management LLP increased its holdings in Equifax by 63.4% in the 1st quarter. Generation Investment Management LLP now owns 2,801,325 shares of the credit services provider's stock worth $682,291,000 after buying an additional 1,087,446 shares in the last quarter. Harris Associates L P increased its holdings in Equifax by 27.6% in the 1st quarter. Harris Associates L P now owns 4,570,557 shares of the credit services provider's stock worth $1,113,205,000 after buying an additional 987,772 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Equifax by 119.3% in the 1st quarter. JPMorgan Chase & Co. now owns 1,453,618 shares of the credit services provider's stock worth $354,044,000 after buying an additional 790,919 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Equifax by 55.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,318,914 shares of the credit services provider's stock worth $321,235,000 after purchasing an additional 472,861 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors.

Equifax Stock Down 0.2%

EFX stock opened at $226.82 on Friday. Equifax, Inc. has a twelve month low of $199.98 and a twelve month high of $284.30. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.79. The stock has a market cap of $28.08 billion, a P/E ratio of 44.39, a PEG ratio of 2.62 and a beta of 1.68. The business's 50-day moving average price is $246.28 and its 200-day moving average price is $250.62.

Equifax (NYSE:EFX - Get Free Report) last posted 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 firm had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.51 billion. During the same period in the previous year, the firm earned $1.82 EPS. The business's quarterly 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. On average, equities research analysts forecast that Equifax, Inc. will post 7.58 EPS for the current year.

Equifax Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, September 2nd. Equifax's payout ratio is presently 39.14%.

Insider Buying and Selling at Equifax

In related 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 value of $11,665,891.44. Following the transaction, the chief executive officer directly 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.40% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

EFX has been the topic of several recent research reports. Citigroup lowered 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. Oppenheimer initiated coverage on shares of Equifax in a research note on Monday, October 13th. They issued an "outperform" rating and a $271.00 price objective on the stock. Wells Fargo & Company lowered their price objective on shares of Equifax from $300.00 to $285.00 and set an "overweight" rating on the stock in a research note on Wednesday. Robert W. Baird lowered their price objective on shares of Equifax from $310.00 to $289.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 23rd. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $295.00 price objective on shares of Equifax in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $280.93.

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.

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