Korea Investment CORP Buys 1,444 Shares of Equifax, Inc. $EFX

Key Points

• Korea Investment CORP increased its stake in Equifax, Inc. by 1.7%, acquiring an additional 1,444 shares during the first quarter, now holding a total of 86,968 shares valued at approximately $21.18 million.
• Equifax reported earnings of $2.00 EPS for the quarter, surpassing analysts' estimates, with revenues of $1.54 billion, up 7.4% year-over-year.
• The company declared a quarterly dividend of $0.50 per share, translating to an annualized dividend yield of 0.8% with a payout ratio of 39.14%.

Korea Investment CORP increased its holdings in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 1.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,968 shares of the credit services provider's stock after acquiring an additional 1,444 shares during the period. Korea Investment CORP owned about 0.07% of Equifax worth $21,182,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. DAVENPORT & Co LLC grew its position in Equifax by 12.0% during the 1st quarter. DAVENPORT & Co LLC now owns 2,212 shares of the credit services provider's stock worth $539,000 after acquiring an additional 237 shares during the last quarter. Teacher Retirement System of Texas grew its position in Equifax by 1,464.7% during 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 acquiring an additional 16,961 shares during the last quarter. OneDigital Investment Advisors LLC bought a new stake in Equifax during the 1st quarter worth approximately $209,000. QRG Capital Management Inc. grew its position in Equifax by 19.9% during the 1st quarter. QRG Capital Management Inc. now owns 1,611 shares of the credit services provider's stock worth $392,000 after acquiring an additional 267 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in Equifax by 44.2% during the 1st quarter. SG Americas Securities LLC now owns 5,229 shares of the credit services provider's stock worth $1,274,000 after acquiring an additional 1,602 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Mark W. Begor sold 48,264 shares of the firm's stock in a transaction on 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 $34,533,591.12. This trade represents a 25.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.40% of the stock is owned by corporate insiders.

Equifax Trading Down 1.0%

EFX traded down $2.56 during mid-day trading on Tuesday, reaching $248.21. The stock had a trading volume of 135,924 shares, compared to its average volume of 1,048,080. The stock has a market capitalization of $30.73 billion, a P/E ratio of 48.57, a P/E/G ratio of 3.07 and a beta of 1.64. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.77 and a current ratio of 0.77. The firm's fifty day simple moving average is $252.32 and its two-hundred day simple moving average is $250.28. Equifax, Inc. has a 52 week low of $199.98 and a 52 week high of $309.63.

Equifax (NYSE:EFX - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The credit services provider reported $2.00 EPS for the quarter, beating 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 firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same period last year, the company earned $1.82 EPS. 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 predict that Equifax, Inc. will post 7.58 EPS for the current year.

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Tuesday, September 2nd. Equifax's dividend payout ratio (DPR) is currently 39.14%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on EFX. Barclays decreased their price target on Equifax from $260.00 to $240.00 and set an "equal weight" rating on the stock in a research report on Wednesday, July 23rd. Stifel Nicolaus increased their price target on Equifax from $277.00 to $295.00 and gave the stock a "buy" rating in a research report on Wednesday, June 18th. Robert W. Baird decreased their price target on Equifax from $310.00 to $289.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 23rd. Bank of America lowered Equifax from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $300.00 to $285.00 in a research report on Monday, June 23rd. Finally, BMO Capital Markets decreased their price objective on Equifax from $280.00 to $260.00 and set a "market perform" 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 assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Equifax presently has a consensus rating of "Moderate Buy" and an average price target of $283.53.

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.