Wells Fargo & Company Cuts Equifax (NYSE:EFX) Price Target to $230.00

Equifax (NYSE:EFX) had its price objective reduced by Wells Fargo & Company from $240.00 to $230.00 in a research report released on Wednesday, MarketBeat Ratings reports. Wells Fargo & Company currently has an overweight rating on the credit services provider’s stock.

Several other research firms have also weighed in on EFX. Argus raised shares of Equifax to a “hold” rating in a research note on Monday, March 2nd. Mizuho started coverage on shares of Equifax in a research note on Thursday, April 16th. They set an “outperform” rating and a $222.00 price objective on the stock. The Goldman Sachs Group lifted their price objective on shares of Equifax from $192.00 to $200.00 and gave the stock a “neutral” rating in a research note on Wednesday. Morgan Stanley reduced their price objective on shares of Equifax from $269.00 to $244.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Finally, Needham & Company LLC reissued a “buy” rating and set a $265.00 price objective on shares of Equifax in a research note on Wednesday. Thirteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $231.00.

Equifax Stock Down 1.4%

Equifax stock opened at $172.54 on Wednesday. The company’s 50 day simple moving average is $188.39 and its 200 day simple moving average is $205.16. Equifax has a fifty-two week low of $166.02 and a fifty-two week high of $281.03. The firm has a market capitalization of $20.54 billion, a price-to-earnings ratio of 30.38, a PEG ratio of 1.31 and a beta of 1.56. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.61 and a quick ratio of 0.60.

Equifax (NYSE:EFX) last released its quarterly earnings data on Tuesday, April 21st. The credit services provider reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.17. Equifax had a net margin of 11.12% and a return on equity of 20.41%. The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same quarter last year, the firm earned $1.53 EPS. Equifax’s quarterly revenue was up 14.3% compared to the same quarter last year. Equifax has set its Q2 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.340-8.740 EPS. As a group, sell-side analysts anticipate that Equifax will post 8.58 EPS for the current year.

Equifax Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Monday, March 9th were paid a $0.56 dividend. The ex-dividend date of this dividend was Monday, March 9th. This is an increase from Equifax’s previous quarterly dividend of $0.50. This represents a $2.24 dividend on an annualized basis and a yield of 1.3%. Equifax’s payout ratio is presently 39.44%.

Insider Buying and Selling at Equifax

In other Equifax news, CEO Mark W. Begor sold 37,791 shares of Equifax stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $201.89, for a total value of $7,629,624.99. Following the transaction, the chief executive officer owned 230,506 shares of the company’s stock, valued at approximately $46,536,856.34. The trade was a 14.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Jamil Farshchi sold 6,213 shares of Equifax stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $195.81, for a total value of $1,216,567.53. Following the completion of the sale, the executive vice president directly owned 41,036 shares in the company, valued at approximately $8,035,259.16. This represents a 13.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 49,671 shares of company stock valued at $9,960,181. 1.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Equifax

A number of large investors have recently bought and sold shares of EFX. Allianz Asset Management GmbH increased its holdings in Equifax by 6.0% during the third quarter. Allianz Asset Management GmbH now owns 392,560 shares of the credit services provider’s stock worth $100,703,000 after buying an additional 22,302 shares during the last quarter. Explore Capital Management LLC increased its holdings in Equifax by 34.6% during the third quarter. Explore Capital Management LLC now owns 40,930 shares of the credit services provider’s stock worth $10,500,000 after buying an additional 10,530 shares during the last quarter. SteelPeak Wealth LLC increased its holdings in Equifax by 164.6% during the third quarter. SteelPeak Wealth LLC now owns 8,034 shares of the credit services provider’s stock worth $2,061,000 after buying an additional 4,998 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Equifax by 27.1% during the third quarter. JPMorgan Chase & Co. now owns 767,982 shares of the credit services provider’s stock worth $197,018,000 after buying an additional 163,866 shares during the last quarter. Finally, ZWJ Investment Counsel Inc. increased its holdings in Equifax by 18.4% during the third quarter. ZWJ Investment Counsel Inc. now owns 178,203 shares of the credit services provider’s stock worth $45,714,000 after buying an additional 27,740 shares during the last quarter. Institutional investors and hedge funds own 96.20% of the company’s stock.

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.