Equifax, Inc. $EFX Shares Sold by AQR Capital Management LLC

Key Points

• AQR Capital Management LLC reduced its stake in Equifax by 32.3%, owning 73,840 shares worth $17,672,000 after selling 35,152 shares in the first quarter.
• Equifax's CEO, Mark W. Begor, sold 48,264 shares of the company at an average price of $241.71, reflecting a 25.25% decrease in his ownership.
• Equifax reported a quarterly earnings increase, with earnings per share of $2.00, surpassing analysts' expectations, and projected a fiscal 2025 EPS between 7.330-7.630.

AQR Capital Management LLC lowered its stake in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 32.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 73,840 shares of the credit services provider's stock after selling 35,152 shares during the quarter. AQR Capital Management LLC owned approximately 0.06% of Equifax worth $17,672,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in EFX. DAVENPORT & Co LLC increased its position in Equifax by 12.0% in 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 last quarter. Teacher Retirement System of Texas raised 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 valued at $4,413,000 after acquiring an additional 16,961 shares during the period. OneDigital Investment Advisors LLC purchased a new stake in Equifax during the first quarter valued at about $209,000. QRG Capital Management Inc. increased its stake in shares of Equifax by 19.9% in 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 in the last quarter. Finally, SG Americas Securities LLC increased its stake in shares of Equifax by 44.2% in the first 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. Hedge funds and other institutional investors own 96.20% of the company's stock.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Citigroup dropped their price target on shares of Equifax from $294.00 to $290.00 and set a "buy" rating on the stock in a research note on Wednesday, July 23rd. Royal Bank Of Canada reissued an "outperform" rating and set a $300.00 price objective on shares of Equifax in a report on Wednesday, June 18th. UBS Group dropped their price objective on Equifax from $315.00 to $278.00 and set a "buy" rating on the stock in a report on Wednesday, July 23rd. Wells Fargo & Company dropped their price objective on Equifax from $310.00 to $300.00 and set an "overweight" rating on the stock in a report on Wednesday, July 23rd. Finally, Oppenheimer dropped their price objective on Equifax from $296.00 to $279.00 and set an "outperform" rating on the stock in a report on Wednesday, July 23rd. One research 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 company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $283.53.

Equifax Price Performance

Shares of NYSE:EFX traded down $3.77 during mid-day trading on Friday, reaching $256.46. The stock had a trading volume of 733,369 shares, compared to its average volume of 880,827. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.79. The company has a market cap of $31.75 billion, a P/E ratio of 50.19, a price-to-earnings-growth ratio of 3.14 and a beta of 1.68. Equifax, Inc. has a 1 year low of $199.98 and a 1 year high of $309.63. The business's 50 day moving average price is $249.19 and its 200 day moving average price is $250.24.

Equifax (NYSE:EFX - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The credit services provider reported $2.00 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 company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the previous year, the business earned $1.82 earnings per share. The firm'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. Research analysts expect that Equifax, Inc. will post 7.58 EPS for the current fiscal year.

Equifax Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders 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 dividend on an annualized basis and a yield of 0.8%. Equifax's dividend payout ratio is currently 39.14%.

Insiders Place Their Bets

In other Equifax news, CEO Mark W. Begor sold 48,264 shares of the company's stock in a transaction on Monday, July 28th. The stock was 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 represents a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.40% of the stock is currently owned by corporate insiders.

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.