Equifax, Inc. $EFX Shares Bought by Adage Capital Partners GP L.L.C.

Key Points

• Adage Capital Partners GP L.L.C. increased its stake in Equifax by 7.7%, now owning over 103,200 shares valued at approximately $25 million. This decision reflects a growing interest among institutional investors in the company's stock.
• Equifax recently reported earnings of $2.00 per share, surpassing analysts' expectations, with revenues increasing by 7.4% year-over-year.
• The company announced a quarterly dividend of $0.50 to be paid on September 15th, indicating a commitment to returning value to shareholders.

Adage Capital Partners GP L.L.C. boosted its position in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 7.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,200 shares of the credit services provider's stock after buying an additional 7,400 shares during the quarter. Adage Capital Partners GP L.L.C. owned 0.08% of Equifax worth $25,135,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. DAVENPORT & Co LLC lifted its position in shares of Equifax by 12.0% during the first quarter. DAVENPORT & Co LLC now owns 2,212 shares of the credit services provider's stock worth $539,000 after purchasing an additional 237 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in shares of Equifax by 1,464.7% during the first quarter. Teacher Retirement System of Texas now owns 18,119 shares of the credit services provider's stock valued at $4,413,000 after purchasing an additional 16,961 shares during the period. OneDigital Investment Advisors LLC purchased a new stake in shares of Equifax during the first quarter valued at $209,000. QRG Capital Management Inc. boosted its stake in shares of Equifax by 19.9% during the first quarter. QRG Capital Management Inc. now owns 1,611 shares of the credit services provider's stock valued at $392,000 after purchasing an additional 267 shares during the period. Finally, SG Americas Securities LLC boosted its stake in shares of Equifax by 44.2% during the first quarter. SG Americas Securities LLC now owns 5,229 shares of the credit services provider's stock valued at $1,274,000 after purchasing an additional 1,602 shares during the period. 96.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Mark W. Begor sold 48,264 shares of the company's stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $241.71, for a total transaction of $11,665,891.44. Following the transaction, the chief executive officer owned 142,872 shares in the company, valued at $34,533,591.12. This represents a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.40% of the stock is currently owned by company insiders.

Equifax Stock Down 1.4%

Shares of EFX stock traded down $3.64 during mid-day trading on Wednesday, hitting $248.38. 232,343 shares of the stock traded hands, compared to its average volume of 1,041,641. The stock has a market cap of $30.75 billion, a P/E ratio of 48.57, a P/E/G ratio of 3.05 and a beta of 1.68. The stock's fifty day moving average is $249.65 and its two-hundred day moving average is $250.05. Equifax, Inc. has a 52-week low of $199.98 and a 52-week high of $309.63. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.77 and a quick ratio of 0.77.

Equifax (NYSE:EFX - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The credit services provider reported $2.00 EPS for the quarter, beating the consensus estimate of $1.92 by $0.08. The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.51 billion. Equifax had a net margin of 10.95% and a return on equity of 18.89%. The company's quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.82 earnings per share. Equifax has set its Q3 2025 guidance at 1.870-1.970 EPS. FY 2025 guidance at 7.330-7.630 EPS. Equities analysts predict that Equifax, Inc. will post 7.58 EPS for the current year.

Equifax Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd will be issued a dividend of $0.50 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. Equifax's dividend payout ratio is 39.14%.

Analyst Ratings Changes

A number of analysts have recently issued reports on EFX shares. Needham & Company LLC reissued a "buy" rating and set a $295.00 target price on shares of Equifax in a research note on Friday, June 20th. Barclays lowered their target price on shares of Equifax from $260.00 to $240.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 23rd. Bank of America lowered shares of Equifax from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $300.00 to $285.00 in a research note on Monday, June 23rd. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $300.00 price objective on shares of Equifax in a research note on Wednesday, June 18th. Finally, BMO Capital Markets lowered their price objective on shares of Equifax from $280.00 to $260.00 and set a "market perform" rating for the company in a research note on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $283.53.

About Equifax

Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.