United Capital Financial Advisors LLC bought a new stake in Equifax, Inc. (NYSE:EFX – Free Report) in the second quarter, HoldingsChannel reports. The fund bought 2,925 shares of the credit services provider’s stock, valued at approximately $464,000.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Equifax by 49.2% in the fourth quarter. Brighton Jones LLC now owns 3,638 shares of the credit services provider’s stock valued at $927,000 after acquiring an additional 1,200 shares during the period. Great Lakes Advisors LLC acquired a new stake in Equifax during the 1st quarter worth $204,000. Empowered Funds LLC grew its position in Equifax by 14.6% during the 1st quarter. Empowered Funds LLC now owns 2,523 shares of the credit services provider’s stock worth $615,000 after purchasing an additional 321 shares during the last quarter. First Trust Advisors LP grew its position in Equifax by 14.5% during the 2nd quarter. First Trust Advisors LP now owns 7,632 shares of the credit services provider’s stock worth $1,979,000 after purchasing an additional 966 shares during the last quarter. Finally, AXA S.A. increased its stake in Equifax by 699.9% in the second quarter. AXA S.A. now owns 8,671 shares of the credit services provider’s stock valued at $2,249,000 after purchasing an additional 7,587 shares during the period. Hedge funds and other institutional investors own 96.20% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on EFX shares. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $182.00 target price on shares of Equifax in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft set a $208.00 price target on Equifax in a research report on Wednesday, July 22nd. BMO Capital Markets reduced their price objective on Equifax from $195.00 to $179.00 and set a “market perform” rating for the company in a research note on Monday, July 13th. Rothschild & Co Redburn raised Equifax from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $214.00 to $235.00 in a research report on Friday, August 21st. Finally, Barclays lowered their target price on Equifax from $215.00 to $200.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 22nd. Fourteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Equifax currently has a consensus rating of “Moderate Buy” and a consensus price target of $216.89.
Equifax Stock Down 2.6%
Shares of NYSE:EFX opened at $189.29 on Tuesday. Equifax, Inc. has a fifty-two week low of $150.74 and a fifty-two week high of $271.84. 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 firm’s 50-day simple moving average is $176.21 and its 200-day simple moving average is $178.02. The company has a market cap of $22.24 billion, a price-to-earnings ratio of 33.27, a PEG ratio of 1.56 and a beta of 1.30.
Equifax (NYSE:EFX – Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.05. The firm had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.70 billion. Equifax had a net margin of 10.73% and a return on equity of 21.61%. The firm’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same period in the prior year, the company posted $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, equities research analysts predict that Equifax, Inc. will post 8.58 earnings per share for the current year.
Equifax Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, August 31st. Equifax’s dividend payout ratio is 39.37%.
Insider Activity at Equifax
In other news, CEO Mark W. Begor sold 37,791 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The stock was 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. This trade represents a 12.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.70% of the stock is owned by corporate insiders.
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.
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