Korea Investment CORP Makes New Investment in Equifax, Inc. $EFX

Key Points

• Korea Investment CORP acquired 29,556 Equifax shares during the second quarter, valued at approximately $4.7 million. Institutional investors collectively own 96.2% of the company.
• Analysts maintain a generally positive view, with 14 Buy ratings and six Holds, producing a consensus “Moderate Buy” rating and an average price target of $216.89.
• Equifax reported quarterly EPS of $2.25, above expectations, while revenue rose 10.6% year over year to $1.70 billion. The company also declared a $0.56 quarterly dividend, equivalent to a 1.2% yield.

Korea Investment CORP purchased a new position in shares of Equifax, Inc. (NYSE:EFX - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 29,556 shares of the credit services provider's stock, valued at approximately $4,691,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pictet Asset Management Holding SA grew its stake in shares of Equifax by 52.6% during the 4th quarter. Pictet Asset Management Holding SA now owns 650,391 shares of the credit services provider's stock valued at $141,199,000 after acquiring an additional 224,073 shares during the period. Brighton Jones LLC raised its stake in Equifax by 49.2% during the 4th quarter. Brighton Jones LLC now owns 3,638 shares of the credit services provider's stock worth $927,000 after acquiring an additional 1,200 shares during the period. Canada Post Corp Registered Pension Plan raised its stake in Equifax by 1,253.8% during the 4th quarter. Canada Post Corp Registered Pension Plan now owns 24,978 shares of the credit services provider's stock worth $5,420,000 after acquiring an additional 23,133 shares during the period. Louisiana State Employees Retirement System purchased a new position in Equifax during the first quarter valued at approximately $1,098,000. Finally, Oppenheimer Asset Management Inc. lifted its holdings in Equifax by 39.9% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 34,056 shares of the credit services provider's stock valued at $7,389,000 after purchasing an additional 9,710 shares in the last quarter. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Barclays decreased 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 report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft set a $208.00 target price on shares of Equifax in a report on Wednesday, July 22nd. Mizuho decreased their price target on Equifax from $222.00 to $210.00 and set an "outperform" rating on the stock in a report on Thursday, July 2nd. The Goldman Sachs Group restated a "neutral" rating and issued a $182.00 price objective on shares of Equifax in a research report on Tuesday, July 21st. Finally, Robert W. Baird dropped 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. Fourteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Equifax presently has a consensus rating of "Moderate Buy" and an average target price of $216.89.

Equifax Stock Up 1.0%

NYSE EFX opened at $194.54 on Tuesday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.60 and a current ratio of 0.60. The company has a market capitalization of $22.86 billion, a P/E ratio of 34.19, a P/E/G ratio of 1.55 and a beta of 1.30. Equifax, Inc. has a one year low of $150.74 and a one year high of $271.84. The stock has a 50 day moving average price of $172.75 and a 200-day moving average price of $178.11.

Equifax (NYSE:EFX - Get Free Report) last announced its quarterly earnings results on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.05. Equifax had a net margin of 10.73% and a return on equity of 21.61%. The company had revenue of $1.70 billion for the quarter, compared to analysts' expectations of $1.70 billion. During the same quarter in the previous year, the business posted $2.00 earnings per share. Equifax's quarterly revenue was up 10.6% on a year-over-year basis. Equifax has set its Q3 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.390-8.690 EPS. As a group, equities analysts predict that Equifax, Inc. will post 8.57 EPS for the current fiscal year.

Equifax Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Monday, August 31st. Equifax's dividend payout ratio is currently 39.37%.

Insider Activity at Equifax

In related news, CEO Mark W. Begor sold 37,791 shares of Equifax stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $172.16, for a total value of $6,506,098.56. Following the completion of the transaction, the chief executive officer owned 271,890 shares in the company, valued at approximately $46,808,582.40. This trade represents a 12.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.70% of the company's stock.

About Equifax

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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