Tidal Investments LLC increased its position in shares of Equifax, Inc. (NYSE:EFX – Free Report) by 74.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 59,010 shares of the credit services provider’s stock after purchasing an additional 25,091 shares during the quarter. Tidal Investments LLC’s holdings in Equifax were worth $9,366,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also bought and sold shares of the business. California State Teachers Retirement System lifted its position in Equifax by 15,465.8% during the second quarter. California State Teachers Retirement System now owns 30,785,331 shares of the credit services provider’s stock worth $4,886,248,000 after purchasing an additional 30,587,555 shares during the period. BlackRock Inc. acquired a new position in Equifax during the 2nd quarter worth approximately $1,491,357,000. Soroban Capital Partners LP lifted its stake in Equifax by 310.5% in 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 purchasing an additional 3,165,120 shares during the last quarter. Generation Investment Management LLP bought a new position in Equifax in the 2nd quarter valued at approximately $290,868,000. Finally, Norges Bank acquired a new stake in Equifax in the fourth quarter valued at approximately $275,635,000. Institutional investors and hedge funds own 96.20% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have recently issued reports on the stock. Rothschild & Co Redburn upgraded shares of Equifax from a “neutral” rating to a “buy” rating and upped their price target for the stock from $214.00 to $235.00 in a report on Friday, August 21st. Robert W. Baird cut their price objective on Equifax from $245.00 to $232.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. Weiss Ratings upgraded Equifax from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, August 13th. JPMorgan Chase & Co. lowered their target price on Equifax from $230.00 to $210.00 in a report on Wednesday, July 22nd. Finally, Mizuho dropped their target price on Equifax from $222.00 to $210.00 and set an “outperform” rating for the company in a research report on Thursday, July 2nd. Fifteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Equifax currently has an average rating of “Moderate Buy” and a consensus target price of $215.16.
Insider Activity
In other Equifax news, CEO Mark W. Begor sold 37,791 shares of the stock in a transaction on Friday, July 24th. The stock was sold at an average price of $172.16, for a total transaction of $6,506,098.56. Following the completion of the transaction, the chief executive officer directly owned 271,890 shares of the company’s stock, valued at approximately $46,808,582.40. This represents a 12.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John Gamble sold 4,500 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $187.96, for a total value of $845,820.00. Following the transaction, the executive vice president owned 69,055 shares of the company’s stock, valued at $12,979,577.80. The trade was a 6.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.70% of the stock is currently owned by corporate insiders.
Equifax Stock Performance
Shares of EFX opened at $168.94 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.60 and a quick ratio of 0.60. The stock has a 50-day moving average of $179.14 and a 200-day moving average of $177.08. The company has a market cap of $19.85 billion, a PE ratio of 29.69, a P/E/G ratio of 1.64 and a beta of 1.31. Equifax, Inc. has a one year low of $150.74 and a one year high of $271.84.
Equifax (NYSE:EFX – Get Free Report) last announced its quarterly 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. Equifax had a net margin of 10.73% and a return on equity of 21.61%. The business had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.70 billion. During the same quarter last year, the firm earned $2.00 EPS. The firm’s revenue for the quarter was up 10.6% compared to the same quarter last year. Equifax has set its Q3 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.390-8.690 EPS. On average, equities research analysts predict that Equifax, Inc. will post 8.55 EPS for the current fiscal year.
Equifax Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a $0.56 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $2.24 annualized dividend and a yield of 1.3%. Equifax’s payout ratio is currently 39.37%.
Equifax Profile
Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that provides information solutions to businesses, government agencies and consumers. Its services help organizations assess credit risk, prevent fraud, verify identities, market products and make informed decisions about lending, employment and other transactions.
The company’s offerings include consumer and commercial credit reports, credit scores, fraud-prevention and identity-management tools, income and employment verification services, mortgage and housing data, and workforce-management solutions.
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