California State Teachers Retirement System Reduces Stake in Equifax, Inc. $EFX

California State Teachers Retirement System reduced its stake in shares of Equifax, Inc. (NYSE:EFX) by 2.8% during the 1st quarter, HoldingsChannel reports. The fund owned 197,776 shares of the credit services provider’s stock after selling 5,597 shares during the period. California State Teachers Retirement System’s holdings in Equifax were worth $35,614,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Empowered Funds LLC boosted its holdings in shares of Equifax by 276.0% in the 1st quarter. Empowered Funds LLC now owns 11,819 shares of the credit services provider’s stock worth $2,128,000 after purchasing an additional 8,676 shares during the period. Soroban Capital Partners LP raised its holdings in Equifax by 310.5% during the 1st quarter. Soroban Capital Partners LP now owns 4,184,569 shares of the credit services provider’s stock valued at $753,515,000 after buying an additional 3,165,120 shares during the period. SummitTX Capital L.P. purchased a new stake in Equifax during the 1st quarter valued at $2,065,000. Weiss Asset Management LP bought a new stake in Equifax in the first quarter worth $462,000. Finally, OMERS ADMINISTRATION Corp lifted its position in Equifax by 31.4% in the first quarter. OMERS ADMINISTRATION Corp now owns 5,802 shares of the credit services provider’s stock worth $1,045,000 after buying an additional 1,385 shares during the last quarter. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EFX has been the topic of a number of analyst reports. Needham & Company LLC cut their price objective on shares of Equifax from $265.00 to $245.00 and set a “buy” rating on the stock in a research report on Wednesday, July 22nd. Rothschild & Co Redburn lowered their target price on shares of Equifax from $226.00 to $214.00 in a report on Friday, May 8th. Mizuho dropped their price target on shares of Equifax from $222.00 to $210.00 and set an “outperform” rating for the company in a research note on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft set a $208.00 price target on shares of Equifax in a report on Wednesday, July 22nd. Finally, Wells Fargo & Company reduced their price objective on shares of Equifax from $220.00 to $212.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Thirteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Equifax presently has an average rating of “Moderate Buy” and an average target price of $215.79.

Insider Transactions at Equifax

In other Equifax news, CEO Mark W. Begor sold 37,791 shares of the business’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $172.16, for a total value of $6,506,098.56. Following the completion of the sale, the chief executive officer directly owned 271,890 shares of the company’s stock, valued at $46,808,582.40. The trade was a 12.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chad M. Borton sold 2,455 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $173.89, for a total transaction of $426,899.95. Following the completion of the transaction, the executive vice president owned 29,518 shares in the company, valued at $5,132,885.02. This represents a 7.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.70% of the company’s stock.

Equifax Stock Performance

Shares of Equifax stock opened at $173.04 on Friday. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.92. The stock’s fifty day moving average is $167.68 and its two-hundred day moving average is $181.34. Equifax, Inc. has a 52 week low of $150.74 and a 52 week high of $271.84. The company has a market capitalization of $20.33 billion, a PE ratio of 30.41, a price-to-earnings-growth ratio of 1.42 and a beta of 1.32.

Equifax (NYSE:EFX) last released its earnings results on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.05. The business had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.70 billion. Equifax had a return on equity of 21.61% and a net margin of 10.73%.The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same period last year, the company earned $2.00 earnings per share. Equifax has set its Q3 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.390-8.690 EPS. As a group, analysts expect that Equifax, Inc. will post 8.55 earnings per share for the current year.

Equifax Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 22nd were issued a dividend of $0.56 per share. The ex-dividend date was Friday, May 22nd. This represents a $2.24 dividend on an annualized basis and a yield of 1.3%. Equifax’s dividend payout ratio (DPR) is presently 39.37%.

Equifax Company Profile

Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.

The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.