National Pension Service Trims Stock Holdings in Equifax, Inc. $EFX

Key Points

• National Pension Service cut its Equifax stake by 92.5% in the second quarter, selling 179,745 shares and retaining 14,671 shares valued at approximately $2.33 million.
• Equifax reported quarterly earnings of $2.25 per share, exceeding estimates by $0.05, while revenue rose 10.6% year over year to $1.70 billion. The company also declared a quarterly dividend of $0.56 per share, yielding about 1.3% annually.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $215.16, despite several firms recently lowering their targets.

National Pension Service reduced its position in Equifax, Inc. (NYSE:EFX - Free Report) by 92.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,671 shares of the credit services provider's stock after selling 179,745 shares during the quarter. National Pension Service's holdings in Equifax were worth $2,329,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Cullen Frost Bankers Inc. acquired a new stake in Equifax during the 4th quarter worth $25,000. Ameriflex Group Inc. raised its holdings in shares of Equifax by 612.5% in the fourth quarter. Ameriflex Group Inc. now owns 114 shares of the credit services provider's stock valued at $25,000 after buying an additional 98 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of Equifax during the fourth quarter worth about $26,000. Reflection Asset Management acquired a new stake in shares of Equifax during the fourth quarter worth about $26,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of Equifax during the third quarter worth about $34,000. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Equifax Price Performance

Equifax stock opened at $168.94 on Monday. The firm has a market capitalization of $19.85 billion, a PE ratio of 29.69, a P/E/G ratio of 1.64 and a beta of 1.31. Equifax, Inc. has a 52 week low of $150.74 and a 52 week high of $271.84. The firm's 50-day simple moving average is $179.14 and its 200 day simple moving average is $177.00. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.92.

Equifax (NYSE:EFX - Get Free Report) last posted its earnings results on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.05. The firm had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.70 billion. Equifax had a net margin of 10.73% and a return on equity of 21.61%. The firm's revenue for the quarter was up 10.6% on a year-over-year basis. During the same period last year, the firm posted $2.00 EPS. Equifax has set its Q3 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.390-8.690 EPS. On average, equities research analysts predict that Equifax, Inc. will post 8.55 EPS for the current fiscal year.

Equifax Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Monday, August 31st. Equifax's dividend payout ratio is 39.37%.

Wall Street Analyst Weigh In

EFX has been the subject of several analyst reports. Royal Bank Of Canada reduced their price objective on Equifax from $222.00 to $194.00 and set an "outperform" rating for the company in a research note on Wednesday, July 22nd. Citigroup dropped their target price on Equifax from $238.00 to $220.00 and set a "buy" rating on the stock in a report on Wednesday, July 22nd. Bank of America cut their price target on Equifax from $250.00 to $225.00 and set a "buy" rating for the company in a research note on Tuesday, May 19th. Weiss Ratings upgraded shares of Equifax from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Thursday, August 13th. Finally, UBS Group reissued a "buy" rating and issued a $220.00 price objective on shares of Equifax in a research note on Wednesday, July 8th. Fifteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $215.16.

Insider Buying and Selling at Equifax

In related news, CEO Mark W. Begor sold 37,791 shares of the business's stock in a transaction dated Friday, July 24th. The shares were 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 of the company's stock, valued at approximately $46,808,582.40. The trade was a 12.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John Gamble sold 4,500 shares of the company's stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $187.96, for a total transaction of $845,820.00. Following the completion of the transaction, the executive vice president owned 69,055 shares in the company, valued at approximately $12,979,577.80. This trade represents a 6.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.70% of the company's stock.

Equifax Company Profile

Equifax Inc NYSE: EFX is a global data, analytics and technology company that provides information solutions to businesses, government agencies and consumers. Its services help organizations assess credit risk, prevent fraud, verify identities, market products and make informed decisions about lending, employment and other transactions.

The company's offerings include consumer and commercial credit reports, credit scores, fraud-prevention and identity-management tools, income and employment verification services, mortgage and housing data, and workforce-management solutions.

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