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126,961 Shares in Equifax, Inc. $EFX Acquired by Cibc World Market Inc.

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Key Points

  • CIBC World Markets acquired 126,961 Equifax shares worth approximately $20.2 million, giving it a 0.11% stake. Institutional investors and hedge funds collectively own 96.2% of Equifax.
  • Analysts maintain a generally positive outlook, with 14 Buy ratings and six Holds, resulting in a “Moderate Buy” consensus and an average price target of $216.89.
  • Equifax exceeded quarterly earnings expectations with $2.25 in EPS and reported 10.6% year-over-year revenue growth. The company also declared a quarterly dividend of $0.56 per share, representing a 1.2% annualized yield.
  • Five stocks to consider instead of Equifax.

Cibc World Market Inc. bought a new stake in Equifax, Inc. (NYSE:EFX - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 126,961 shares of the credit services provider's stock, valued at approximately $20,151,000. Cibc World Market Inc. owned 0.11% of Equifax as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of EFX. BlackRock Inc. acquired a new stake in shares of Equifax during the 2nd quarter worth $1,491,357,000. State Street Corp raised its position in shares of Equifax by 1.3% in the 4th quarter. State Street Corp now owns 5,056,441 shares of the credit services provider's stock worth $1,097,147,000 after buying an additional 66,289 shares during the period. Soroban Capital Partners LP boosted its holdings in Equifax by 310.5% in the first quarter. Soroban Capital Partners LP now owns 4,184,569 shares of the credit services provider's stock valued at $753,515,000 after acquiring an additional 3,165,120 shares during the last quarter. Brown Advisory Inc. boosted its holdings in Equifax by 57.2% in the fourth quarter. Brown Advisory Inc. now owns 2,809,879 shares of the credit services provider's stock valued at $609,693,000 after acquiring an additional 1,022,819 shares during the last quarter. Finally, Bank of America Corp DE grew its position in Equifax by 36.5% during the first quarter. Bank of America Corp DE now owns 2,107,458 shares of the credit services provider's stock valued at $379,490,000 after acquiring an additional 563,880 shares during the period. Institutional investors and hedge funds own 96.20% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have commented on EFX shares. UBS Group restated a "buy" rating and set a $220.00 price target on shares of Equifax in a research note on Wednesday, July 8th. Rothschild & Co Redburn raised Equifax from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $214.00 to $235.00 in a research note on Friday. BMO Capital Markets decreased their target price on Equifax from $195.00 to $179.00 and set a "market perform" rating for the company in a report on Monday, July 13th. Royal Bank Of Canada dropped their target price on shares of Equifax from $222.00 to $194.00 and set an "outperform" rating for the company in a research report on Wednesday, July 22nd. Finally, Wells Fargo & Company cut their price target on shares of Equifax from $220.00 to $212.00 and set an "overweight" rating on the stock in a report on Wednesday, July 22nd. Fourteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Equifax presently has an average rating of "Moderate Buy" and an average target price of $216.89.

Get Our Latest Stock Analysis on Equifax

Insider Transactions at Equifax

In other Equifax news, CEO Mark W. Begor sold 37,791 shares of the stock in a transaction that occurred on Friday, July 24th. The shares were 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 owned 271,890 shares of the company's stock, valued at $46,808,582.40. This trade represents a 12.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.70% of the stock is owned by company insiders.

Equifax Trading Up 1.0%

NYSE:EFX opened at $194.54 on Tuesday. The business's 50-day moving average is $172.75 and its two-hundred day moving average is $178.11. The firm has a market capitalization of $22.86 billion, a PE ratio of 34.19, a price-to-earnings-growth ratio of 1.55 and a beta of 1.30. Equifax, Inc. has a 12 month low of $150.74 and a 12 month high of $271.84. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.60 and a quick ratio of 0.60.

Equifax (NYSE:EFX - Get Free Report) last issued its earnings results on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.05. Equifax had a return on equity of 21.61% and a net margin of 10.73%.The company had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.70 billion. During the same quarter in the prior year, the business earned $2.00 earnings per share. The company's revenue 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. Research analysts predict that Equifax, Inc. will post 8.57 earnings per share for the current fiscal year.

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Monday, August 31st. Equifax's dividend payout ratio is currently 39.37%.

Equifax Company Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Equifax (NYSE:EFX)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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