Equifax, Inc. $EFX Shares Sold by Royal Bank of Canada

Key Points

• Royal Bank of Canada has reduced its stake in Equifax, Inc. by 23.3% during the first quarter, selling 48,808 shares and now holding approximately 0.13% of the company valued at $39 million.
• Institutional investors collectively own 96.20% of Equifax, with significant increases in holdings reported by firms such as Price T Rowe Associates (up 40%) and GAMMA Investing LLC (up 24,315.8%).
• Equifax recently announced a quarterly dividend of $0.50 per share, representing an annualized payout of $2.00 and a dividend yield of 0.8%.

Royal Bank of Canada decreased its holdings in shares of Equifax, Inc. (NYSE:EFX - Free Report) by 23.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 160,324 shares of the credit services provider's stock after selling 48,808 shares during the period. Royal Bank of Canada owned 0.13% of Equifax worth $39,048,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Equifax by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 14,708,331 shares of the credit services provider's stock worth $3,582,361,000 after acquiring an additional 318,826 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Equifax by 40.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,037,804 shares of the credit services provider's stock worth $1,714,129,000 after buying an additional 2,009,987 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Equifax by 119.3% in the 1st quarter. JPMorgan Chase & Co. now owns 1,453,618 shares of the credit services provider's stock worth $354,044,000 after buying an additional 790,919 shares during the last quarter. Northern Trust Corp grew its stake in shares of Equifax by 2.8% in the 1st quarter. Northern Trust Corp now owns 1,240,783 shares of the credit services provider's stock worth $302,205,000 after buying an additional 33,558 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Equifax by 3.5% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,115,084 shares of the credit services provider's stock worth $271,590,000 after buying an additional 37,555 shares during the last quarter. Institutional investors own 96.20% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on EFX shares. Royal Bank Of Canada reiterated an "outperform" rating and set a $300.00 target price on shares of Equifax in a research note on Wednesday, June 18th. Oppenheimer cut their target price on Equifax from $296.00 to $279.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 23rd. BMO Capital Markets dropped their price target on Equifax from $280.00 to $260.00 and set a "market perform" rating on the stock in a research note on Wednesday, July 23rd. UBS Group dropped their price target on Equifax from $315.00 to $278.00 and set a "buy" rating on the stock in a research note on Wednesday, July 23rd. Finally, Robert W. Baird lowered their target price on Equifax from $310.00 to $289.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $283.53.

Insider Buying and Selling

In related news, CEO Mark W. Begor sold 48,264 shares of the business's stock in a transaction that occurred on 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 transaction, the chief executive officer owned 142,872 shares of the company's stock, valued at $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 is available at the SEC website. 1.40% of the stock is owned by company insiders.

Equifax Trading Down 1.4%

EFX traded down $3.77 on Friday, hitting $256.46. The company had a trading volume of 733,369 shares, compared to its average volume of 880,827. The company has a market cap of $31.75 billion, a PE ratio of 50.19, a PEG ratio of 3.14 and a beta of 1.68. Equifax, Inc. has a 12-month low of $199.98 and a 12-month 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 business's fifty day simple moving average is $249.19 and its 200 day simple moving average is $250.24.

Equifax (NYSE:EFX - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The credit services provider reported $2.00 earnings per share (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 business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the previous year, the business earned $1.82 earnings per share. The company'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. Equities research analysts expect that Equifax, Inc. will post 7.58 EPS for the current year.

Equifax Announces Dividend

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

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.