Prudential PLC Reduces Stock Position in Equifax, Inc. $EFX

Key Points

• Prudential PLC reduced its holdings in Equifax, Inc. by 48.4%, selling 1,244 shares and owning 1,326 shares valued at approximately $323,000 as per their latest SEC filing.
• Multiple institutional investors, including Lazard Asset Management and JPMorgan Chase, significantly increased their stakes in Equifax, with Lazard raising its position by an astonishing 7,883,233.3%.
• Equifax reported a strong quarterly performance, surpassing analysts' estimates with $2.00 earnings per share and a revenue of $1.54 billion, reflecting a 7.4% year-over-year increase.

Prudential PLC cut its position in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 48.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,326 shares of the credit services provider's stock after selling 1,244 shares during the period. Prudential PLC's holdings in Equifax were worth $323,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of EFX. Brighton Jones LLC raised its position in Equifax by 49.2% during the 4th quarter. Brighton Jones LLC now owns 3,638 shares of the credit services provider's stock valued at $927,000 after purchasing an additional 1,200 shares in the last quarter. Mariner LLC raised its position in Equifax by 18.3% during the 4th quarter. Mariner LLC now owns 22,613 shares of the credit services provider's stock valued at $5,763,000 after purchasing an additional 3,499 shares in the last quarter. Guggenheim Capital LLC raised its position in Equifax by 17.9% during the 4th quarter. Guggenheim Capital LLC now owns 1,998 shares of the credit services provider's stock valued at $509,000 after purchasing an additional 303 shares in the last quarter. United Capital Financial Advisors LLC raised its position in Equifax by 6.1% during the 4th quarter. United Capital Financial Advisors LLC now owns 4,201 shares of the credit services provider's stock valued at $1,071,000 after purchasing an additional 241 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its position in Equifax by 90.4% during the 4th quarter. Canada Pension Plan Investment Board now owns 105,940 shares of the credit services provider's stock valued at $26,999,000 after purchasing an additional 50,305 shares in the last quarter. 96.20% of the stock is owned by institutional investors.

Insider Buying and Selling 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 sale, the chief executive officer owned 142,872 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.40% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Robert W. Baird cut 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. Citigroup cut their price target on Equifax from $294.00 to $290.00 and set a "buy" rating on the stock in a report on Wednesday, July 23rd. Bank of America downgraded Equifax from a "buy" rating to a "neutral" rating and cut their price target for the company from $300.00 to $285.00 in a report on Monday, June 23rd. UBS Group cut their price target on Equifax from $315.00 to $278.00 and set a "buy" rating on the stock in a report on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. cut 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. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $283.53.

Equifax Stock Up 4.7%

EFX stock traded up $11.47 on Friday, hitting $256.92. 292,524 shares of the company's stock were exchanged, compared to its average volume of 1,051,312. Equifax, Inc. has a 12-month low of $199.98 and a 12-month high of $309.63. The firm has a 50 day moving average price of $252.82 and a two-hundred day moving average price of $250.47. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.77 and a current ratio of 0.77. The stock has a market cap of $31.81 billion, a P/E ratio of 50.26, a price-to-earnings-growth ratio of 2.99 and a beta of 1.64.

Equifax (NYSE:EFX - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The credit services provider reported $2.00 earnings per share for the quarter, topping 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 business 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 firm earned $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, equities research analysts expect that Equifax, Inc. will post 7.58 EPS for the current fiscal year.

Equifax Dividend Announcement

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

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.