Candriam S.C.A. Sells 1,487 Shares of Equifax, Inc. $EFX

Key Points

• Candriam S.C.A. reduced its stake in Equifax, Inc. by 13.0%, owning 9,983 shares worth $2.43 million after selling 1,487 shares.
• Equifax reported $2.00 EPS for the last quarter, exceeding expectations of $1.92, with quarterly revenue up by 7.4% year-over-year.
• The company declared a quarterly dividend of $0.50 per share, with an annualized yield of 0.8% and a payout ratio of 39.14%.

Candriam S.C.A. reduced its position in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 13.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,983 shares of the credit services provider's stock after selling 1,487 shares during the period. Candriam S.C.A.'s holdings in Equifax were worth $2,431,000 at the end of the most recent quarter.

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

Equifax Stock Down 1.3%

Shares of NYSE:EFX traded down $3.20 on Tuesday, reaching $247.56. The company had a trading volume of 749,834 shares, compared to its average volume of 1,055,440. Equifax, Inc. has a twelve month low of $199.98 and a twelve month high of $309.63. The stock has a 50-day moving average price of $252.15 and a 200 day moving average price of $250.27. The stock has a market capitalization of $30.65 billion, a P/E ratio of 48.45, a P/E/G ratio of 3.02 and a beta of 1.64. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.79.

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

Equifax Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on EFX. Oppenheimer dropped their price target on Equifax from $296.00 to $279.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 23rd. Stifel Nicolaus lifted their target price on Equifax from $277.00 to $295.00 and gave the company a "buy" rating in a research note on Wednesday, June 18th. Robert W. Baird dropped their target price on Equifax from $310.00 to $289.00 and set an "outperform" rating on the stock in a report on Wednesday, July 23rd. UBS Group decreased their price target on shares of Equifax from $315.00 to $278.00 and set a "buy" rating for the company in a report on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Equifax from $277.00 to $272.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $283.53.

Insider Activity at Equifax

In other news, CEO Mark W. Begor sold 48,264 shares of Equifax stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $241.71, for a total value of $11,665,891.44. Following the transaction, the chief executive officer directly owned 142,872 shares in the company, valued at approximately $34,533,591.12. The trade was a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.40% of the company's stock.

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.