Assenagon Asset Management S.A. Has $13.45 Million Stock Position in Equifax, Inc. $EFX

Key Points

• Assenagon Asset Management S.A. increased its stake in Equifax, Inc. by 1,395.1%, acquiring an additional 48,397 shares, bringing its total holdings to 51,866 shares valued at approximately $13.45 million.
• Equifax recently reported earnings of $2.00 per share, exceeding analyst expectations, with revenue reaching $1.54 billion, a 7.4% increase year-over-year.
• Institutional investors hold 96.20% of Equifax's stock, reflecting strong interest in the company among large investment firms.

Assenagon Asset Management S.A. lifted its stake in Equifax, Inc. (NYSE:EFX - Free Report) by 1,395.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 51,866 shares of the credit services provider's stock after acquiring an additional 48,397 shares during the quarter. Assenagon Asset Management S.A.'s holdings in Equifax were worth $13,452,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Inspire Investing LLC increased its position in shares of Equifax by 28.0% in the first quarter. Inspire Investing LLC now owns 1,295 shares of the credit services provider's stock valued at $315,000 after acquiring an additional 283 shares during the last quarter. DAVENPORT & Co LLC increased its position in shares of Equifax by 12.0% in the first quarter. DAVENPORT & Co LLC now owns 2,212 shares of the credit services provider's stock valued at $539,000 after acquiring an additional 237 shares during the last quarter. Teacher Retirement System of Texas increased its position in shares of Equifax by 1,464.7% in 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 acquiring an additional 16,961 shares during the last quarter. OneDigital Investment Advisors LLC acquired a new stake in shares of Equifax in the first quarter valued at about $209,000. Finally, QRG Capital Management Inc. grew its holdings in Equifax by 19.9% during the first quarter. QRG Capital Management Inc. now owns 1,611 shares of the credit services provider's stock worth $392,000 after purchasing an additional 267 shares during the period. Institutional investors and hedge funds own 96.20% of the company's stock.

Analysts Set New Price Targets

EFX has been the subject of a number of research analyst reports. Royal Bank Of Canada reiterated an "outperform" rating and set a $300.00 price target on shares of Equifax in a report on Wednesday, June 18th. Morgan Stanley reiterated an "overweight" rating and set a $305.00 price target (up previously from $295.00) on shares of Equifax in a report on Tuesday, June 10th. BMO Capital Markets reduced their price target on Equifax from $280.00 to $260.00 and set a "market perform" rating for the company in a report on Wednesday, July 23rd. Stifel Nicolaus lifted their price target on Equifax from $277.00 to $295.00 and gave the stock a "buy" rating in a report on Wednesday, June 18th. Finally, JPMorgan Chase & Co. reduced their price target on Equifax from $277.00 to $272.00 and set an "overweight" rating for the company in a report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $284.80.

Insider Activity

In other news, CEO Mark W. Begor sold 48,264 shares of the firm's stock in a transaction that occurred on 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 completion of the sale, the chief executive officer owned 142,872 shares in the company, valued at $34,533,591.12. This trade represents a 25.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.40% of the stock is currently owned by insiders.

Equifax Price Performance

Shares of NYSE EFX opened at $256.88 on Tuesday. Equifax, Inc. has a fifty-two week low of $199.98 and a fifty-two week high of $301.60. The stock has a market cap of $31.80 billion, a price-to-earnings ratio of 50.27, a PEG ratio of 3.10 and a beta of 1.68. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.77 and a current ratio of 0.77. The firm's 50-day simple moving average is $248.72 and its 200 day simple moving average is $250.87.

Equifax (NYSE:EFX - Get Free Report) last posted its quarterly earnings data 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 firm 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 revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the business posted $1.82 EPS. Equifax has set its Q3 2025 guidance at 1.870-1.970 EPS. FY 2025 guidance at 7.330-7.630 EPS. As a group, research analysts anticipate that Equifax, Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Dividend Announcement

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

Equifax Company Profile

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.

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