Rafferty Asset Management LLC Sells 3,032 Shares of Equifax, Inc. $EFX

Key Points

• Rafferty Asset Management LLC has decreased its stake in Equifax, Inc. by 24.7% during the first quarter, holding 9,260 shares valued at approximately $2.26 million.
• Several other institutional investors have also altered their positions in Equifax, with ownership by institutional investors now at 96.20% of the company's stock.
• Equifax has announced a quarterly dividend of $0.50 per share, indicating a 0.8% yield, which will be paid to shareholders on September 15th.

Rafferty Asset Management LLC lessened its stake in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 24.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,260 shares of the credit services provider's stock after selling 3,032 shares during the period. Rafferty Asset Management LLC's holdings in Equifax were worth $2,255,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EFX. Brighton Jones LLC boosted its position in Equifax by 49.2% during the fourth quarter. Brighton Jones LLC now owns 3,638 shares of the credit services provider's stock worth $927,000 after purchasing an additional 1,200 shares during the period. Beacon Pointe Advisors LLC grew its stake in Equifax by 25.4% during the fourth quarter. Beacon Pointe Advisors LLC now owns 2,643 shares of the credit services provider's stock valued at $674,000 after acquiring an additional 535 shares in the last quarter. Lido Advisors LLC grew its stake in Equifax by 57.9% during the fourth quarter. Lido Advisors LLC now owns 4,366 shares of the credit services provider's stock valued at $1,113,000 after acquiring an additional 1,601 shares in the last quarter. AQR Capital Management LLC grew its stake in Equifax by 1,933.1% during the fourth quarter. AQR Capital Management LLC now owns 108,992 shares of the credit services provider's stock valued at $27,777,000 after acquiring an additional 103,631 shares in the last quarter. Finally, Freestone Grove Partners LP purchased a new position in Equifax during the fourth quarter valued at approximately $1,598,000. Institutional investors own 96.20% of the company's stock.

Insider Activity at Equifax

In other news, CEO Mark W. Begor sold 48,264 shares of the firm's stock in a transaction dated Monday, July 28th. The shares were 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. This trade represents a 25.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.40% of the company's stock.

Wall Street Analyst Weigh In

EFX has been the subject of several recent analyst reports. UBS Group reduced their price objective on shares of Equifax from $315.00 to $278.00 and set a "buy" rating for the company in a research note on Wednesday, July 23rd. Stifel Nicolaus boosted their price target on shares of Equifax from $277.00 to $295.00 and gave the stock a "buy" rating in a research note on Wednesday, June 18th. Oppenheimer cut their price target on shares of Equifax from $296.00 to $279.00 and set an "outperform" rating for the company in a research note on Wednesday, July 23rd. Robert W. Baird cut their price target on shares of Equifax from $310.00 to $289.00 and set an "outperform" rating for the company in a research note on Wednesday, July 23rd. Finally, BMO Capital Markets cut their price target on shares of Equifax from $280.00 to $260.00 and set a "market perform" rating for the company in a research note on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, Equifax has an average rating of "Moderate Buy" and an average price target of $283.53.

Equifax Trading Up 3.8%

Shares of Equifax stock traded up $9.25 during trading on Friday, reaching $249.85. The company's stock had a trading volume of 520,424 shares, compared to its average volume of 1,042,036. The firm's 50-day moving average is $250.16 and its two-hundred day moving average is $249.80. Equifax, Inc. has a 52-week low of $199.98 and a 52-week high of $309.63. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.79. The company has a market cap of $30.93 billion, a price-to-earnings ratio of 48.89, a PEG ratio of 2.86 and a beta of 1.68.

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, topping the consensus estimate of $1.92 by $0.08. Equifax had a net margin of 10.95% and a return on equity of 18.89%. The firm had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $1.51 billion. During the same period last year, the company posted $1.82 EPS. The company's quarterly 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. On average, sell-side analysts anticipate that Equifax, Inc. will post 7.58 earnings per share for the current year.

Equifax Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, September 2nd. Equifax's dividend payout ratio (DPR) is currently 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.