Equifax, Inc. $EFX Shares Bought by Price T Rowe Associates Inc. MD

Key Points

• Price T Rowe Associates Inc. MD increased its stake in Equifax, Inc. by 40%, acquiring an additional 2,009,987 shares, bringing its total ownership to over 7 million shares valued at approximately $1.71 billion.
• Equifax reported a 7.4% year-over-year revenue growth in its recent quarterly earnings, posting $1.54 billion in revenue and an EPS of $2.00, surpassing analyst expectations.
• The company announced a quarterly dividend of $0.50 per share, reflecting a yield of 0.8%, with the payout set for September 15th to shareholders recorded on September 2nd.

Price T Rowe Associates Inc. MD raised its position in Equifax, Inc. (NYSE:EFX - Free Report) by 40.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,037,804 shares of the credit services provider's stock after acquiring an additional 2,009,987 shares during the period. Price T Rowe Associates Inc. MD owned approximately 5.67% of Equifax worth $1,714,129,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. GFI Investment Counsel Ltd. boosted its position in shares of Equifax by 0.9% in the 1st quarter. GFI Investment Counsel Ltd. now owns 247,475 shares of the credit services provider's stock worth $60,275,000 after purchasing an additional 2,244 shares in the last quarter. Erste Asset Management GmbH raised its stake in Equifax by 5.3% in the first quarter. Erste Asset Management GmbH now owns 7,171 shares of the credit services provider's stock valued at $1,723,000 after buying an additional 359 shares during the last quarter. Carmignac Gestion boosted its holdings in Equifax by 65.7% in the first quarter. Carmignac Gestion now owns 618,491 shares of the credit services provider's stock worth $150,615,000 after acquiring an additional 245,291 shares in the last quarter. Credit Agricole S A boosted its holdings in Equifax by 8.3% in the first quarter. Credit Agricole S A now owns 36,237 shares of the credit services provider's stock worth $8,826,000 after acquiring an additional 2,789 shares in the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. grew its stake in shares of Equifax by 4.5% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,666 shares of the credit services provider's stock worth $649,000 after acquiring an additional 115 shares during the last quarter. 96.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Equifax

In other 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 completion of the sale, the chief executive officer directly owned 142,872 shares of the company's stock, valued at approximately $34,533,591.12. The trade was a 25.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Equifax from $277.00 to $272.00 and set an "overweight" rating for the company in a research report on Wednesday, July 23rd. BMO Capital Markets decreased their price target on shares of Equifax from $280.00 to $260.00 and set a "market perform" rating for the company in a report on Wednesday, July 23rd. Morgan Stanley reissued an "overweight" rating and set a $305.00 price objective (up from $295.00) on shares of Equifax in a report on Tuesday, June 10th. Bank of America downgraded Equifax from a "buy" rating to a "neutral" rating and cut their target price for the company from $300.00 to $285.00 in a research report on Monday, June 23rd. Finally, Stifel Nicolaus lifted 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. 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's stock. According to data from MarketBeat, Equifax has a consensus rating of "Moderate Buy" and an average target price of $283.53.

Equifax Trading Down 1.6%

Shares of Equifax stock traded down $4.1140 during trading hours on Monday, hitting $250.8860. The company's stock had a trading volume of 836,215 shares, compared to its average volume of 1,052,635. The stock has a market cap of $31.06 billion, a price-to-earnings ratio of 49.10, 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. Equifax, Inc. has a twelve month low of $199.98 and a twelve month high of $309.63. The firm has a fifty day moving average of $252.65 and a 200-day 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 analysts' consensus estimates of $1.92 by $0.08. Equifax had a net margin of 10.95% and a return on equity of 18.89%. The company had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.51 billion. During the same quarter in the prior year, the company posted $1.82 earnings per share. Equifax's revenue for the quarter 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. Research analysts forecast that Equifax, Inc. will post 7.58 EPS for the current year.

Equifax Announces Dividend

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

About Equifax

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.