Northern Trust Corp Acquires 33,558 Shares of Equifax, Inc. $EFX

Key Points

• Northern Trust Corp increased its stake in Equifax, Inc. by 2.8% in Q1, now owning approximately 1.00% of the company worth $302.21 million.
• CEO Mark W. Begor sold 48,264 shares of Equifax for over $11.6 million, resulting in a 25.25% decrease in his ownership.
• Equifax reported a quarterly EPS of $2.00, surpassing estimates, with revenue increasing 7.4% year-over-year to $1.54 billion.

Northern Trust Corp raised its holdings in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 2.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,240,783 shares of the credit services provider's stock after acquiring an additional 33,558 shares during the quarter. Northern Trust Corp owned approximately 1.00% of Equifax worth $302,205,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. DAVENPORT & Co LLC boosted its stake 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 purchasing an additional 237 shares during the period. Teacher Retirement System of Texas lifted 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 period. OneDigital Investment Advisors LLC acquired a new stake in Equifax during the 1st quarter worth approximately $209,000. QRG Capital Management Inc. lifted 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 period. Finally, SG Americas Securities LLC lifted 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 period. 96.20% of the stock is owned by institutional investors and hedge funds.

Equifax Stock Performance

EFX traded down $3.7330 during trading hours on Monday, hitting $251.2670. The company's stock had a trading volume of 492,381 shares, compared to its average volume of 1,051,640. Equifax, Inc. has a fifty-two week low of $199.98 and a fifty-two week high of $309.63. 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 firm has a market capitalization of $31.11 billion, a PE ratio of 49.20, a PEG ratio of 3.07 and a beta of 1.64. The company has a 50-day simple moving average of $252.65 and a 200 day simple moving average of $250.27.

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, beating the consensus estimate 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 analysts' expectations of $1.51 billion. During the same period last year, the firm earned $1.82 EPS. The firm's 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. As a group, sell-side analysts expect that Equifax, Inc. will post 7.58 EPS for the current year.

Equifax Announces Dividend

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

Insider Buying and Selling

In related news, CEO Mark W. Begor sold 48,264 shares of Equifax 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. The trade was a 25.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.40% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on EFX. Royal Bank Of Canada reiterated an "outperform" rating and issued a $300.00 price target 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 for the company in a research note on Wednesday, July 23rd. Citigroup dropped their price objective on Equifax from $294.00 to $290.00 and set a "buy" rating for the company in a research note on Wednesday, July 23rd. Barclays dropped their price objective on Equifax from $260.00 to $240.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 23rd. Finally, Oppenheimer lowered their price objective on Equifax from $296.00 to $279.00 and set an "outperform" rating for the company in a research report on Wednesday, July 23rd. One 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price 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.