Sone Capital Management LLC acquired a new position in Equifax, Inc. (NYSE:EFX – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 14,945 shares of the credit services provider’s stock, valued at approximately $2,372,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. acquired a new position in shares of Equifax in the 4th quarter valued at $25,000. Ameriflex Group Inc. increased its position in shares of Equifax by 612.5% during the 4th quarter. Ameriflex Group Inc. now owns 114 shares of the credit services provider’s stock worth $25,000 after purchasing an additional 98 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of Equifax during the 4th quarter worth about $26,000. Reflection Asset Management purchased a new stake in Equifax in the 4th quarter valued at about $26,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Equifax in the 3rd quarter valued at about $34,000. Institutional investors and hedge funds own 96.20% of the company’s stock.
Insider Buying and Selling at Equifax
In related news, CEO Mark W. Begor sold 37,791 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $172.16, for a total transaction of $6,506,098.56. Following the sale, the chief executive officer directly owned 271,890 shares of the company’s stock, valued at $46,808,582.40. This represents a 12.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.70% of the company’s stock.
Equifax Price Performance
Equifax (NYSE:EFX – Get Free Report) last released its earnings results on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.05. The company 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%.Equifax’s revenue was up 10.6% compared to the same quarter last year. During the same period in the previous year, the company posted $2.00 EPS. 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, sell-side analysts expect that Equifax, Inc. will post 8.57 earnings per share for the current year.
Equifax Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a $0.56 dividend. The ex-dividend date is Monday, August 31st. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.2%. Equifax’s payout ratio is 39.37%.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the stock. Mizuho lowered their target price 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. Rothschild & Co Redburn raised shares of Equifax from a “neutral” rating to a “buy” rating and boosted their price target for the company from $214.00 to $235.00 in a research note on Friday. Royal Bank Of Canada decreased their price objective on shares of Equifax from $222.00 to $194.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. Needham & Company LLC lowered their price objective on shares of Equifax from $265.00 to $245.00 and set a “buy” rating for the company in a research report on Wednesday, July 22nd. Finally, Bank of America lowered their price objective on shares of Equifax from $250.00 to $225.00 and set a “buy” rating for the company in a research report on Tuesday, May 19th. Fourteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Equifax currently has an average rating of “Moderate Buy” and an average target price of $216.89.
Check Out Our Latest Stock Analysis on Equifax
Equifax 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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