SCS Capital Management LLC Makes New Investment in Equifax, Inc. $EFX

Key Points

• SCS Capital Management LLC has made a new investment in Equifax, purchasing 1,125 shares valued at approximately $274,000.
• Equifax recently reported earnings of $2.00 EPS for the latest quarter, exceeding analysts' expectations, with quarterly revenue increasing by 7.4% year-over-year.
• The company declared a quarterly dividend of $0.50 per share, set to be paid on September 15th, representing an annual yield of 0.8%.

SCS Capital Management LLC bought a new position in shares of Equifax, Inc. (NYSE:EFX - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,125 shares of the credit services provider's stock, valued at approximately $274,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Texas Capital Bank Wealth Management Services Inc boosted its position in Equifax by 3.7% during the first quarter. Texas Capital Bank Wealth Management Services Inc now owns 1,134 shares of the credit services provider's stock worth $276,000 after purchasing an additional 40 shares during the period. Integrated Advisors Network LLC lifted its holdings in shares of Equifax by 2.8% during the fourth quarter. Integrated Advisors Network LLC now owns 1,595 shares of the credit services provider's stock worth $406,000 after buying an additional 44 shares during the last quarter. Axxcess Wealth Management LLC lifted its holdings in shares of Equifax by 3.8% during the first quarter. Axxcess Wealth Management LLC now owns 1,395 shares of the credit services provider's stock worth $340,000 after buying an additional 51 shares during the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of Equifax by 9.5% during the first quarter. First Horizon Advisors Inc. now owns 738 shares of the credit services provider's stock worth $180,000 after buying an additional 64 shares during the last quarter. Finally, Thompson Investment Management Inc. lifted its holdings in shares of Equifax by 0.4% during the first quarter. Thompson Investment Management Inc. now owns 15,661 shares of the credit services provider's stock worth $3,814,000 after buying an additional 67 shares during the last quarter. Institutional investors own 96.20% of the company's stock.

Equifax Stock Down 1.4%

Shares of EFX stock opened at $256.46 on Friday. The stock has a market cap of $31.75 billion, a P/E ratio of 50.19, a price-to-earnings-growth ratio of 3.14 and a beta of 1.68. Equifax, Inc. has a one year low of $199.98 and a one year high of $309.63. The stock has a fifty day moving average price of $249.19 and a 200 day moving average price of $250.24. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.77 and a quick ratio of 0.77.

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 analysts' expectations of $1.51 billion. Equifax had a return on equity of 18.89% and a net margin of 10.95%.Equifax's quarterly revenue was up 7.4% compared to the same quarter last year. During the same period last year, the business 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. Analysts predict that Equifax, Inc. will post 7.58 earnings per share for the current year.

Equifax Dividend Announcement

The business also recently disclosed 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 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, September 2nd. Equifax's dividend payout ratio is currently 39.14%.

Insider Transactions at Equifax

In other Equifax news, CEO Mark W. Begor sold 48,264 shares of the stock in a transaction on 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 directly owned 142,872 shares in the company, valued at $34,533,591.12. This represents a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.40% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

EFX has been the subject of a number of research analyst reports. Morgan Stanley reiterated an "overweight" rating and set a $305.00 price target (up from $295.00) on shares of Equifax in a report on Tuesday, June 10th. Wells Fargo & Company cut their price target on Equifax from $310.00 to $300.00 and set an "overweight" rating for the company in a report on Wednesday, July 23rd. Oppenheimer cut their price target on Equifax from $296.00 to $279.00 and set an "outperform" rating for the company in a report on Wednesday, July 23rd. UBS Group cut their price target on Equifax from $315.00 to $278.00 and set a "buy" rating for the company in a report on Wednesday, July 23rd. Finally, Bank of America cut Equifax from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $300.00 to $285.00 in a research report on Monday, June 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $283.53.

Equifax Company 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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