Westpac Banking Corp Sells 5,565 Shares of Equifax, Inc. $EFX

Westpac Banking Corp reduced its holdings in shares of Equifax, Inc. (NYSE:EFX) by 87.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 791 shares of the credit services provider’s stock after selling 5,565 shares during the period. Westpac Banking Corp’s holdings in Equifax were worth $205,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of EFX. N.E.W. Advisory Services LLC purchased a new stake in shares of Equifax in the 1st quarter worth $28,000. Ameritas Advisory Services LLC bought a new stake in Equifax during the second quarter valued at about $31,000. Zions Bancorporation National Association UT purchased a new stake in Equifax in the first quarter worth about $32,000. NewSquare Capital LLC increased its position in Equifax by 98.5% in the second quarter. NewSquare Capital LLC now owns 135 shares of the credit services provider’s stock worth $35,000 after buying an additional 67 shares in the last quarter. Finally, Adirondack Trust Co. bought a new position in shares of Equifax in the second quarter worth about $59,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Insider Buying and Selling

In other Equifax news, CEO Mark W. Begor sold 27,959 shares of the firm’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $231.10, for a total transaction of $6,461,324.90. Following the completion of the transaction, the chief executive officer owned 142,934 shares in the company, valued at $33,032,047.40. This trade represents a 16.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Jamil Farshchi sold 4,925 shares of the company’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $238.94, for a total value of $1,176,779.50. Following the sale, the executive vice president directly owned 39,364 shares in the company, valued at $9,405,634.16. This trade represents a 11.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 54,270 shares of company stock valued at $12,580,837. 1.40% of the stock is owned by corporate insiders.

Equifax Price Performance

Shares of NYSE:EFX opened at $204.88 on Tuesday. The firm has a market cap of $25.08 billion, a price-to-earnings ratio of 38.88, a P/E/G ratio of 2.41 and a beta of 1.64. The firm has a fifty day moving average price of $233.50 and a 200 day moving average price of $248.58. Equifax, Inc. has a fifty-two week low of $199.98 and a fifty-two week high of $281.07. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.74 and a current ratio of 0.74.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Tuesday, October 21st. The credit services provider reported $2.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.94 by $0.10. Equifax had a net margin of 11.08% and a return on equity of 19.28%. The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the firm posted $1.85 EPS. Equifax’s revenue for the quarter was up 7.2% compared to the same quarter last year. Equifax has set its Q4 2025 guidance at 1.980-2.080 EPS. FY 2025 guidance at 7.550-7.650 EPS. As a group, sell-side analysts expect that Equifax, Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, November 24th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Monday, November 24th. Equifax’s payout ratio is currently 37.95%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Needham & Company LLC reissued a “buy” rating and issued a $295.00 target price on shares of Equifax in a report on Tuesday, October 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Equifax in a research report on Thursday. Stifel Nicolaus decreased their price objective on shares of Equifax from $295.00 to $253.00 and set a “buy” rating on the stock in a research report on Wednesday, October 22nd. Wells Fargo & Company lowered their target price on shares of Equifax from $300.00 to $285.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 15th. Finally, Seaport Res Ptn upgraded Equifax to a “hold” rating in a research note on Wednesday, October 1st. One investment 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 company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $277.13.

Equifax 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.