State of New Jersey Common Pension Fund D Sells 3,577 Shares of Equifax, Inc. $EFX

Key Points

• The State of New Jersey Common Pension Fund D reduced its holdings in Equifax, Inc. by 8% during the first quarter, now owning 41,326 shares valued at approximately $10.07 million.
• Several analysts have issued updated ratings for Equifax, with Morgan Stanley setting a new target price at $305, an increase from a previous $295.
• CEO Mark W. Begor sold 48,264 shares of Equifax on July 28, representing a 25.25% decrease in his ownership, amounting to nearly $11.67 million in total transactions.

State of New Jersey Common Pension Fund D trimmed its holdings in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 8.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 41,326 shares of the credit services provider's stock after selling 3,577 shares during the period. State of New Jersey Common Pension Fund D's holdings in Equifax were worth $10,065,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. True Wealth Design LLC boosted its stake 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 worth $26,000 after purchasing an additional 96 shares during the period. Ameriflex Group Inc. acquired a new position in Equifax in the 4th quarter worth approximately $28,000. N.E.W. Advisory Services LLC acquired a new position in Equifax in the 1st quarter worth approximately $28,000. Colonial Trust Co SC boosted its stake in Equifax by 505.0% in the 4th quarter. Colonial Trust Co SC now owns 121 shares of the credit services provider's stock worth $31,000 after purchasing an additional 101 shares during the period. Finally, Zions Bancorporation National Association UT acquired a new position in Equifax in the 1st quarter worth approximately $32,000. Institutional investors and hedge funds own 96.20% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on EFX. UBS Group decreased their price objective on shares of Equifax from $315.00 to $278.00 and set a "buy" rating for the company in a research note on Wednesday, July 23rd. Oppenheimer decreased their target price on shares of Equifax from $296.00 to $279.00 and set an "outperform" rating for the company in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. decreased their target price on shares of Equifax from $277.00 to $272.00 and set an "overweight" rating for the company in a research note on Wednesday, July 23rd. Barclays decreased their target price on shares of Equifax from $260.00 to $240.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 23rd. Finally, Robert W. Baird decreased their target price on shares of Equifax from $310.00 to $289.00 and set an "outperform" rating for the company in a research note on Wednesday, July 23rd. One investment 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 stock. According to data from MarketBeat, Equifax has a consensus rating of "Moderate Buy" and an average price target of $283.53.

Insider Buying and Selling at Equifax

In other news, CEO Mark W. Begor sold 48,264 shares of the firm's stock in a transaction on Monday, July 28th. The shares were sold at an average price of $241.71, for a total transaction of $11,665,891.44. Following the transaction, the chief executive officer owned 142,872 shares in the company, valued at approximately $34,533,591.12. This trade represents a 25.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.40% of the company's stock.

Equifax Stock Up 3.9%

Shares of Equifax stock traded up $9.4880 during midday trading on Friday, reaching $254.9380. 891,615 shares of the company's stock traded hands, compared to its average volume of 1,066,251. The company has a market cap of $31.56 billion, a price-to-earnings ratio of 49.89, a price-to-earnings-growth ratio of 2.95 and a beta of 1.64. The company's 50 day simple moving average is $252.65 and its 200 day simple moving average is $250.38. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.77 and a current ratio of 0.77. Equifax, Inc. has a 52 week low of $199.98 and a 52 week high of $309.63.

Equifax (NYSE:EFX - Get Free Report) last released its quarterly earnings results 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. The business had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.51 billion. Equifax had a net margin of 10.95% and a return on equity of 18.89%. Equifax's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.82 EPS. Equifax has set its Q3 2025 guidance at 1.870-1.970 EPS. FY 2025 guidance at 7.330-7.630 EPS. Equities analysts expect that Equifax, Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Announces Dividend

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 issued 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 dividend payout ratio (DPR) is currently 39.14%.

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.