122,957 Equifax, Inc. $EFX Shares Sold by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management cut its Equifax stake by 33.1% in the third quarter, selling 122,957 shares and retaining 248,656 shares valued at approximately $34.1 million. Institutional investors collectively own 96.2% of Equifax.
• Equifax shares opened at $161.21, well below their 52-week high of $238.94. The company reported quarterly EPS of $2.25, ahead of estimates, while revenue rose 10.6% year over year to $1.70 billion.
• Analysts maintain a generally positive view, with a consensus rating of “Moderate Buy” and an average price target of $202.30. Equifax also pays a quarterly dividend of $0.56, equivalent to a 1.4% annual yield.

Assenagon Asset Management S.A. reduced its position in Equifax, Inc. (NYSE:EFX - Free Report) by 33.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 248,656 shares of the credit services provider's stock after selling 122,957 shares during the period. Assenagon Asset Management S.A. owned about 0.21% of Equifax worth $34,126,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mitchell & Pahl Private Wealth LLC lifted its holdings in Equifax by 12.9% in the third quarter. Mitchell & Pahl Private Wealth LLC now owns 4,752 shares of the credit services provider's stock valued at $652,000 after acquiring an additional 543 shares during the period. B. Riley Wealth Advisors Inc. grew its stake in shares of Equifax by 9.1% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 2,524 shares of the credit services provider's stock valued at $346,000 after acquiring an additional 211 shares during the period. GK Wealth Management LLC purchased a new stake in Equifax in the 3rd quarter worth approximately $42,000. GAMMA Investing LLC increased its holdings in Equifax by 9.4% in the 3rd quarter. GAMMA Investing LLC now owns 2,767 shares of the credit services provider's stock worth $380,000 after acquiring an additional 237 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in Equifax by 18.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,692 shares of the credit services provider's stock worth $232,000 after acquiring an additional 260 shares during the period. 96.20% of the stock is owned by institutional investors.

Equifax Price Performance

EFX stock opened at $161.21 on Friday. Equifax, Inc. has a 52 week low of $137.01 and a 52 week high of $238.94. The firm has a market capitalization of $18.94 billion, a P/E ratio of 28.33, a price-to-earnings-growth ratio of 1.69 and a beta of 1.35. The company has a fifty day simple moving average of $167.52 and a two-hundred day simple moving average of $170.15. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.92.

Equifax (NYSE:EFX - Get Free Report) last posted its earnings results on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share for the quarter, topping analysts' consensus estimates of $2.20 by $0.05. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.70 billion. Equifax had a net margin of 10.73% and a return on equity of 21.61%. The business's quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the firm 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. Analysts anticipate that Equifax, Inc. will post 8.53 earnings per share for the current fiscal year.

Equifax Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were paid a $0.56 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $2.24 annualized dividend and a dividend yield of 1.4%. Equifax's dividend payout ratio is currently 39.37%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft set a $208.00 price objective on shares of Equifax and gave the stock a "buy" rating in a research note on Wednesday, July 22nd. Mizuho decreased their price objective on shares of Equifax from $222.00 to $210.00 and set an "outperform" rating on the stock in a research report on Thursday, July 2nd. Weiss Ratings upgraded shares of Equifax from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Thursday, August 13th. BNP Paribas Exane upped their target price on shares of Equifax from $185.00 to $190.00 and gave the stock a "neutral" rating in a report on Wednesday, July 22nd. Finally, Wells Fargo & Company cut their price target on Equifax from $212.00 to $200.00 and set an "overweight" rating for the company in a research note on Tuesday, September 22nd. Fourteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Equifax has an average rating of "Moderate Buy" and a consensus price target of $202.30.

Insider Buying and Selling at Equifax

In other news, EVP John W. Gamble, Jr. sold 4,500 shares of the firm's stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $187.96, for a total value of $845,820.00. Following the completion of the sale, the executive vice president owned 69,055 shares in the company, valued at approximately $12,979,577.80. This trade represents a 6.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark Begor sold 37,791 shares of the firm's stock in a transaction dated 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 sale, the chief executive officer 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.70% of the company's stock.

Equifax Profile

Equifax Inc NYSE: EFX is a global data, analytics and technology company that helps businesses, government agencies and consumers make informed decisions about credit, identity, employment and financial risk. The company collects and analyzes information from a broad range of sources to provide insights and decisioning tools for lenders, employers, insurers, telecommunications providers and other organizations.

Its products and services include consumer and commercial credit reports, credit scores, fraud and identity-management solutions, marketing and customer-acquisition analytics, and income and employment verification through The Work Number.

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