Assenagon Asset Management S.A. Has $58.98 Million Stock Holdings in Equifax, Inc. $EFX

Key Points

• Assenagon Asset Management increased its Equifax stake by 160.2% in the second quarter, purchasing 228,820 additional shares for a total holding valued at approximately $58.98 million. Institutional investors collectively own 96.2% of EFX.
• Equifax’s CEO Mark Begor sold 37,791 shares for roughly $6.5 million under a pre-arranged Rule 10b5-1 trading plan, reducing his direct ownership by 12.2%.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $215.79, while Equifax recently beat quarterly EPS estimates and reported 10.6% year-over-year revenue growth.

Assenagon Asset Management S.A. boosted its stake in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 160.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 371,613 shares of the credit services provider's stock after buying an additional 228,820 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.31% of Equifax worth $58,982,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in EFX. Cullen Frost Bankers Inc. bought a new position in Equifax during the fourth quarter worth $25,000. Ameriflex Group Inc. grew its holdings in Equifax by 612.5% during the 4th quarter. Ameriflex Group Inc. now owns 114 shares of the credit services provider's stock worth $25,000 after acquiring an additional 98 shares during the period. Reflection Asset Management acquired a new stake in Equifax during the 4th quarter worth about $26,000. Kemnay Advisory Services Inc. bought a new position in shares of Equifax in the 4th quarter worth about $26,000. Finally, MV Capital Management Inc. bought a new position in shares of Equifax in the 4th quarter worth about $31,000. Institutional investors and hedge funds own 96.20% of the company's stock.

Insider Buying and Selling

In related news, CEO Mark W. Begor sold 37,791 shares of Equifax stock in a transaction that occurred 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 sale, the chief executive officer directly owned 271,890 shares in the company, valued at $46,808,582.40. The trade was a 12.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on EFX shares. Barclays dropped their price objective on shares of Equifax from $215.00 to $200.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 22nd. Robert W. Baird lowered their price objective on Equifax from $245.00 to $232.00 and set an "outperform" rating for the company in a research note on Wednesday, July 22nd. Bank of America reduced their price objective on Equifax from $250.00 to $225.00 and set a "buy" rating for the company in a research note on Tuesday, May 19th. Rothschild & Co Redburn lowered their target price on Equifax from $226.00 to $214.00 in a research note on Friday, May 8th. Finally, BMO Capital Markets cut their price target on shares of Equifax from $195.00 to $179.00 and set a "market perform" rating on the stock in a report on Monday, July 13th. Thirteen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Equifax presently has a consensus rating of "Moderate Buy" and a consensus target price of $215.79.

Equifax Price Performance

Shares of Equifax stock opened at $182.47 on Friday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.60 and a current ratio of 0.60. Equifax, Inc. has a 52-week low of $150.74 and a 52-week high of $271.84. The company has a fifty day moving average of $169.00 and a 200-day moving average of $179.87. The stock has a market capitalization of $21.44 billion, a price-to-earnings ratio of 32.07, a price-to-earnings-growth ratio of 1.41 and a beta of 1.30.

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 (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.05. The firm had revenue of $1.70 billion for the quarter, compared to analysts' expectations of $1.70 billion. Equifax had a net margin of 10.73% and a return on equity of 21.61%. The business's revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the business earned $2.00 earnings per share. Equifax has set its Q3 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.390-8.690 EPS. Equities research analysts expect that Equifax, Inc. will post 8.57 EPS for the current year.

Equifax Profile

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.

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