Oppenheimer Asset Management Inc. Acquires New Stake in Equifax, Inc. $EFX

Key Points

• Oppenheimer Asset Management acquired 48,597 Equifax shares worth approximately $7.7 million in the second quarter. Institutional investors and hedge funds collectively own 96.2% of the company.
• Equifax reported quarterly EPS of $2.25, beating estimates by $0.05, while revenue rose 10.6% year over year to $1.70 billion. The company issued third-quarter EPS guidance of $2.15–$2.25 and full-year guidance of $8.39–$8.69.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $215.79 versus the reported share price of $180.88. CEO Mark Begor separately sold 37,791 shares under a pre-arranged Rule 10b5-1 plan.

Oppenheimer Asset Management Inc. bought a new position in shares of Equifax, Inc. (NYSE:EFX - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 48,597 shares of the credit services provider's stock, valued at approximately $7,713,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC grew its position in shares of Equifax by 49.2% in the 4th quarter. Brighton Jones LLC now owns 3,638 shares of the credit services provider's stock valued at $927,000 after buying an additional 1,200 shares during the last quarter. Great Lakes Advisors LLC bought a new position in shares of Equifax during the first quarter worth about $204,000. Empowered Funds LLC lifted its stake in shares of Equifax by 14.6% in the first quarter. Empowered Funds LLC now owns 2,523 shares of the credit services provider's stock worth $615,000 after acquiring an additional 321 shares during the period. First Trust Advisors LP lifted its stake in shares of Equifax by 14.5% in the second quarter. First Trust Advisors LP now owns 7,632 shares of the credit services provider's stock worth $1,979,000 after acquiring an additional 966 shares during the period. Finally, AXA S.A. boosted its holdings in Equifax by 699.9% in the second quarter. AXA S.A. now owns 8,671 shares of the credit services provider's stock valued at $2,249,000 after acquiring an additional 7,587 shares during the last quarter. 96.20% of the stock is owned by institutional investors and hedge funds.

Equifax Trading Down 2.5%

Shares of EFX opened at $180.88 on Friday. Equifax, Inc. has a fifty-two week low of $150.74 and a fifty-two week high of $271.84. The business has a 50-day moving average of $169.94 and a 200 day moving average of $178.79. The firm has a market cap of $21.25 billion, a P/E ratio of 31.79, a price-to-earnings-growth ratio of 1.49 and a beta of 1.30. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.60 and a current ratio of 0.60.

Equifax (NYSE:EFX - Get Free Report) last released its quarterly earnings data on Tuesday, July 21st. The credit services provider reported $2.25 EPS for the quarter, beating the consensus estimate of $2.20 by $0.05. The business had revenue of $1.70 billion for 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 company's revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.00 earnings per share. 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, research analysts forecast that Equifax, Inc. will post 8.57 EPS for the current year.

Insider Activity at Equifax

In related news, CEO Mark W. Begor sold 37,791 shares of the company's stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $172.16, for a total transaction of $6,506,098.56. Following the sale, the chief executive officer directly owned 271,890 shares in the company, valued at approximately $46,808,582.40. This represents a 12.20% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed 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.

Wall Street Analyst Weigh In

Several research analysts have issued reports on EFX shares. Deutsche Bank Aktiengesellschaft set a $208.00 price target on shares of Equifax in a report on Wednesday, July 22nd. Mizuho lowered their target price on shares of Equifax from $222.00 to $210.00 and set an "outperform" rating for the company in a report on Thursday, July 2nd. BNP Paribas Exane dropped their price target on shares of Equifax from $195.00 to $185.00 and set a "neutral" rating on the stock in a research report on Thursday, June 18th. Morgan Stanley cut their price target on shares of Equifax from $243.00 to $225.00 and set an "overweight" rating on the stock in a report on Wednesday, July 22nd. Finally, Citigroup decreased their price objective on shares of Equifax from $256.00 to $238.00 and set a "buy" rating for the company in a research note on Wednesday, April 22nd. Thirteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Equifax presently has an average rating of "Moderate Buy" and a consensus price target of $215.79.

Equifax Profile

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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