QRG Capital Management Inc. Buys 3,736 Shares of Equifax, Inc. $EFX

Key Points

• QRG Capital Management Inc. increased its stake in Equifax, Inc. by 231.9%, owning a total of 5,347 shares valued at approximately $1.39 million after purchasing 3,736 additional shares in the second quarter.
• Equifax recently reported better-than-expected earnings, posting $2.00 EPS for the quarter, exceeding estimates of $1.92, along with a revenue increase of 7.4% year-over-year.
• The company announced a quarterly dividend of $0.50 per share, equivalent to an annual yield of 0.8%, reflecting a payout ratio of 39.14%.

QRG Capital Management Inc. boosted its stake in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 231.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,347 shares of the credit services provider's stock after purchasing an additional 3,736 shares during the quarter. QRG Capital Management Inc.'s holdings in Equifax were worth $1,387,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Capital Investment Advisors LLC boosted its position in Equifax by 31.8% during the second quarter. Capital Investment Advisors LLC now owns 4,443 shares of the credit services provider's stock worth $1,152,000 after purchasing an additional 1,072 shares during the period. Inspire Investing LLC boosted its position in shares of Equifax by 28.0% in the first quarter. Inspire Investing LLC now owns 1,295 shares of the credit services provider's stock valued at $315,000 after acquiring an additional 283 shares during the period. DAVENPORT & Co LLC boosted its position in shares of Equifax by 12.0% in the first quarter. DAVENPORT & Co LLC now owns 2,212 shares of the credit services provider's stock valued at $539,000 after acquiring an additional 237 shares during the period. Teacher Retirement System of Texas boosted its position in shares of Equifax by 1,464.7% in the first quarter. Teacher Retirement System of Texas now owns 18,119 shares of the credit services provider's stock valued at $4,413,000 after acquiring an additional 16,961 shares during the period. Finally, OneDigital Investment Advisors LLC bought a new stake in shares of Equifax in the first quarter valued at about $209,000. 96.20% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Equifax news, CEO Mark W. Begor sold 48,264 shares of the business's stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $241.71, for a total transaction of $11,665,891.44. Following the completion of the transaction, the chief executive officer 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.40% of the company's stock.

Equifax Stock Up 0.4%

Shares of NYSE EFX opened at $238.29 on Wednesday. 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 company has a market cap of $29.50 billion, a price-to-earnings ratio of 46.63, a PEG ratio of 2.78 and a beta of 1.68. Equifax, Inc. has a 12 month low of $199.98 and a 12 month high of $294.92. The stock has a 50-day moving average price of $248.03 and a two-hundred day moving average price of $251.38.

Equifax (NYSE:EFX - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The credit services provider reported $2.00 EPS for the quarter, topping the consensus estimate of $1.92 by $0.08. The firm had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.51 billion. Equifax had a return on equity of 18.89% and a net margin of 10.95%.The business's quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.82 earnings per share. 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, analysts forecast that Equifax, Inc. will post 7.58 earnings per share for the current fiscal year.

Equifax Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $2.00 annualized dividend and a yield of 0.8%. Equifax's payout ratio is presently 39.14%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on EFX. UBS Group boosted their target price on shares of Equifax from $287.00 to $297.00 and gave the company a "buy" rating in a research report on Monday, September 15th. Weiss Ratings reissued a "hold (c+)" rating on shares of Equifax in a research report on Saturday, September 27th. Royal Bank Of Canada reissued an "outperform" rating and issued a $300.00 target price on shares of Equifax in a research report on Wednesday, June 18th. Stifel Nicolaus boosted their target price on shares of Equifax from $277.00 to $295.00 and gave the company a "buy" rating in a research report on Wednesday, June 18th. Finally, Wells Fargo & Company reduced their target price on shares of Equifax from $310.00 to $300.00 and set an "overweight" 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 given a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $282.47.

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.

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