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SteelPeak Wealth LLC Makes New $787,000 Investment in Equifax, Inc. $EFX

Equifax logo with Business Services background

Key Points

  • SteelPeak Wealth LLC has made a new investment of approximately $787,000 in Equifax, acquiring 3,036 shares during the 2nd quarter.
  • Equifax's stock recently experienced several analyst rating changes, with BMO Capital Markets and Barclays lowering their price targets while UBS Group raised its target and maintained a "buy" rating.
  • The company announced a quarterly dividend of $0.50 per share, resulting in an annualized yield of 0.8% and a payout ratio of 39.14%.
  • Interested in Equifax? Here are five stocks we like better.

SteelPeak Wealth LLC purchased a new position in shares of Equifax, Inc. (NYSE:EFX - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 3,036 shares of the credit services provider's stock, valued at approximately $787,000.

Several other institutional investors have also recently made changes to their positions in the stock. OLD National Bancorp IN increased its position in shares of Equifax by 1.2% during the 2nd quarter. OLD National Bancorp IN now owns 64,789 shares of the credit services provider's stock worth $16,804,000 after purchasing an additional 773 shares during the last quarter. Yoder Wealth Management Inc. acquired a new position in shares of Equifax during the 2nd quarter worth approximately $205,000. QRG Capital Management Inc. increased its position in shares of Equifax by 231.9% during the 2nd quarter. QRG Capital Management Inc. now owns 5,347 shares of the credit services provider's stock worth $1,387,000 after purchasing an additional 3,736 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its position in shares of Equifax by 18.5% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 10,270 shares of the credit services provider's stock worth $2,664,000 after purchasing an additional 1,605 shares during the last quarter. Finally, Ascent Group LLC acquired a new position in shares of Equifax during the 2nd quarter worth approximately $223,000. Institutional investors and hedge funds own 96.20% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on EFX shares. BMO Capital Markets lowered their price target on Equifax from $280.00 to $260.00 and set a "market perform" rating on the stock in a research report on Wednesday, July 23rd. Barclays decreased their target price on Equifax from $260.00 to $240.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 23rd. Robert W. Baird decreased their target price on Equifax from $310.00 to $289.00 and set an "outperform" rating on the stock in a report on Wednesday, July 23rd. JPMorgan Chase & Co. decreased their target price on Equifax from $277.00 to $272.00 and set an "overweight" rating on the stock in a report on Wednesday, July 23rd. Finally, UBS Group boosted their target price on Equifax from $287.00 to $297.00 and gave the stock a "buy" rating in a report on Monday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Equifax presently has an average rating of "Moderate Buy" and a consensus target price of $282.47.

Get Our Latest Report on Equifax

Equifax Stock Performance

Shares of NYSE EFX opened at $239.76 on Thursday. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.77 and a quick ratio of 0.77. The stock's fifty day moving average price is $247.98 and its two-hundred day moving average price is $251.30. Equifax, Inc. has a one year low of $199.98 and a one year high of $294.92. The firm has a market cap of $29.68 billion, a price-to-earnings ratio of 46.92, a P/E/G ratio of 2.78 and a beta of 1.68.

Equifax (NYSE:EFX - Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.51 billion. Equifax had a return on equity of 18.89% and a net margin of 10.95%.The company's revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.82 EPS. Equifax has set its Q3 2025 guidance at 1.870-1.970 EPS. FY 2025 guidance at 7.330-7.630 EPS. On average, equities analysts forecast that Equifax, Inc. will post 7.58 EPS for the current year.

Equifax Announces Dividend

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

Insider Buying and Selling at Equifax

In other news, CEO Mark W. Begor sold 48,264 shares of the company's 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 sale, the chief executive officer directly owned 142,872 shares in the company, valued at approximately $34,533,591.12. This represents a 25.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.40% of the company's stock.

Equifax Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Equifax (NYSE:EFX)

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