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7,320 Shares in Equifax, Inc. $EFX Bought by Dynamic Technology Lab Private Ltd

Equifax logo with Business Services background

Key Points

  • Dynamic Technology Lab Private Ltd has purchased a new stake in Equifax, acquiring 7,320 shares valued at approximately $1.78 million.
  • Equifax's CEO Mark W. Begor sold 48,264 shares, decreasing his ownership by 25.25% with proceeds totaling around $11.67 million.
  • Equifax recently reported earnings of $2.00 per share, exceeding analysts' estimates, and revealed a quarterly dividend of $0.50 to be paid in September.
  • MarketBeat previews top five stocks to own in October.

Dynamic Technology Lab Private Ltd bought a new position in shares of Equifax, Inc. (NYSE:EFX - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,320 shares of the credit services provider's stock, valued at approximately $1,783,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Ameriflex Group Inc. acquired a new position in Equifax during the fourth quarter worth about $28,000. N.E.W. Advisory Services LLC purchased a new position in shares of Equifax during the 1st quarter worth approximately $28,000. Colonial Trust Co SC raised its position in shares of Equifax by 505.0% during the 4th quarter. Colonial Trust Co SC now owns 121 shares of the credit services provider's stock worth $31,000 after purchasing an additional 101 shares during the last quarter. Zions Bancorporation National Association UT purchased a new stake in Equifax in the 1st quarter valued at approximately $32,000. Finally, City Holding Co. acquired a new stake in Equifax during the 1st quarter valued at $34,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Citigroup reduced their price objective on Equifax from $294.00 to $290.00 and set a "buy" rating on the stock in a research report on Wednesday, July 23rd. Bank of America lowered shares of Equifax from a "buy" rating to a "neutral" rating and reduced their target price for the company from $300.00 to $285.00 in a report on Monday, June 23rd. Stifel Nicolaus lifted their price target on shares of Equifax from $277.00 to $295.00 and gave the stock a "buy" rating in a report on Wednesday, June 18th. Needham & Company LLC reissued a "buy" rating and set a $295.00 price objective on shares of Equifax in a research note on Friday, June 20th. Finally, JPMorgan Chase & Co. decreased their target price 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 equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Equifax currently has a consensus rating of "Moderate Buy" and an average target price of $283.53.

View Our Latest Stock Report on Equifax

Equifax Trading Down 2.5%

EFX stock traded down $6.24 during trading on Wednesday, reaching $245.78. 1,031,709 shares of the stock traded hands, compared to its average volume of 910,589. The business's 50 day moving average price is $249.65 and its 200-day moving average price 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. The firm has a market capitalization of $30.43 billion, a PE ratio of 33.60, a P/E/G ratio of 3.04 and a beta of 1.68.

Equifax (NYSE:EFX - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The credit services provider reported $2.00 earnings per share (EPS) 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 business 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 business earned $1.82 EPS. The company's revenue for the quarter was up 7.4% on a year-over-year basis. 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, sell-side analysts forecast that Equifax, Inc. will post 7.58 earnings per share for the current year.

Equifax Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors 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 payout ratio is presently 39.14%.

Insiders Place Their Bets

In other Equifax news, CEO Mark W. Begor sold 48,264 shares of the firm's 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 of the company's stock, valued at $34,533,591.12. This trade represents a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.40% of the company's stock.

Equifax Profile

(Free Report)

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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Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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