Equifax, Inc. $EFX Shares Bought by KLP Kapitalforvaltning AS

Key Points

• KLP Kapitalforvaltning AS increased its stake in Equifax, Inc. by 5.8%, owning 45,655 shares valued at approximately $11.84 million.
• Equifax's CEO, Mark W. Begor, sold 48,264 shares for a total of $11.67 million, reducing his ownership by 25.25%.
• The company announced a quarterly dividend of $0.50, translating to an annual yield of 0.9%, with a payout ratio of 39.14%.

KLP Kapitalforvaltning AS raised its stake in Equifax, Inc. (NYSE:EFX - Free Report) by 5.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,655 shares of the credit services provider's stock after acquiring an additional 2,500 shares during the period. KLP Kapitalforvaltning AS's holdings in Equifax were worth $11,842,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Inspire Investing LLC boosted its stake in 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 in the last quarter. Capital Investment Advisors LLC boosted its stake in shares of Equifax by 31.8% during the second quarter. Capital Investment Advisors LLC now owns 4,443 shares of the credit services provider's stock worth $1,152,000 after buying an additional 1,072 shares during the period. DAVENPORT & Co LLC boosted its stake 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 buying an additional 237 shares during the period. 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 worth $4,413,000 after buying an additional 16,961 shares during the period. Finally, OneDigital Investment Advisors LLC acquired a new stake in shares of Equifax during the first quarter worth about $209,000. Institutional investors and hedge funds own 96.20% of the company's stock.

Insider Transactions at Equifax

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

Equifax Price Performance

Shares of NYSE:EFX opened at $233.05 on Friday. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.79. The company has a market cap of $28.85 billion, a P/E ratio of 45.61, a PEG ratio of 2.81 and a beta of 1.68. Equifax, Inc. has a 52 week low of $199.98 and a 52 week high of $294.92. The company has a 50-day moving average price of $247.84 and a 200 day moving average price of $251.22.

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, beating analysts' consensus estimates of $1.92 by $0.08. Equifax had a net margin of 10.95% and a return on equity of 18.89%. The company had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $1.51 billion. During the same period last year, the company posted $1.82 earnings per share. The firm'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. Research analysts predict that Equifax, Inc. will post 7.58 earnings per share for the current year.

Equifax Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were issued a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $2.00 dividend on an annualized basis and a yield of 0.9%. Equifax's dividend payout ratio (DPR) is 39.14%.

Wall Street Analyst Weigh In

EFX has been the subject of several recent research reports. JPMorgan Chase & Co. decreased their target price on shares of Equifax from $277.00 to $272.00 and set an "overweight" rating for the company in a research note on Wednesday, July 23rd. UBS Group increased their target price on shares of Equifax from $287.00 to $297.00 and gave the stock a "buy" rating in a research note on Monday, September 15th. Oppenheimer decreased their target price on shares of Equifax from $296.00 to $279.00 and set an "outperform" rating for the company in a research note on Wednesday, July 23rd. Wells Fargo & Company reduced their price objective on shares of Equifax from $310.00 to $300.00 and set an "overweight" rating for the company in a research report on Wednesday, July 23rd. Finally, Seaport Res Ptn upgraded shares of Equifax to a "hold" rating in a research report on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $282.47.

Equifax 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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