Swedbank AB Increases Stock Holdings in Equifax, Inc. $EFX

Key Points

• Swedbank AB increased its stake in Equifax by 10.1%, acquiring an additional 5,044 shares during Q2, bringing its total holdings to 55,188 shares valued at approximately $14.31 million.
• Equifax Inc. reported earnings of $2.00 per share for Q2, exceeding expectations, with a revenue of $1.54 billion, which was a 7.4% increase compared to the same quarter last year.
• Several institutional investors boosted their holdings in Equifax, with AUM increasing significantly, indicating strong institutional interest in the stock, which is currently owned 96.20% by hedge funds and other institutional investors.

Swedbank AB grew its position in Equifax, Inc. (NYSE:EFX - Free Report) by 10.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 55,188 shares of the credit services provider's stock after acquiring an additional 5,044 shares during the period. Swedbank AB's holdings in Equifax were worth $14,314,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of EFX. Vanguard Group Inc. increased its stake 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 valued at $3,582,361,000 after purchasing an additional 318,826 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Equifax by 40.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 7,037,804 shares of the credit services provider's stock valued at $1,714,129,000 after buying an additional 2,009,987 shares in the last quarter. Harris Associates L P increased its position in shares of Equifax by 27.6% in the first quarter. Harris Associates L P now owns 4,570,557 shares of the credit services provider's stock valued at $1,113,205,000 after buying an additional 987,772 shares in the last quarter. Generation Investment Management LLP raised its stake in shares of Equifax by 63.4% during the 1st quarter. Generation Investment Management LLP now owns 2,801,325 shares of the credit services provider's stock worth $682,291,000 after buying an additional 1,087,446 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of Equifax by 119.3% during the 1st quarter. JPMorgan Chase & Co. now owns 1,453,618 shares of the credit services provider's stock valued at $354,044,000 after buying an additional 790,919 shares in the last quarter. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Equifax Stock Down 0.4%

Shares of EFX stock traded down $1.01 during trading hours on Tuesday, reaching $255.97. 169,865 shares of the stock were exchanged, compared to its average volume of 1,044,456. 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 business's fifty day moving average is $248.72 and its two-hundred day moving average is $250.87. The firm has a market capitalization of $31.69 billion, a P/E ratio of 50.08, a P/E/G ratio of 3.10 and a beta of 1.68. Equifax, Inc. has a 12-month low of $199.98 and a 12-month high of $301.60.

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, 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 firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the prior year, the company posted $1.82 earnings per share. Equifax'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. As a group, research analysts expect that Equifax, Inc. will post 7.58 EPS for the current fiscal year.

Equifax Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Needham & Company LLC reaffirmed a "buy" rating and set a $295.00 price objective on shares of Equifax in a report on Friday, June 20th. BMO Capital Markets decreased their price target on shares of Equifax from $280.00 to $260.00 and set a "market perform" rating on the stock in a research note on Wednesday, July 23rd. Robert W. Baird cut their price objective on Equifax from $310.00 to $289.00 and set an "outperform" rating for the company in a research note on Wednesday, July 23rd. Morgan Stanley restated an "overweight" rating and issued a $305.00 target price (up previously from $295.00) on shares of Equifax in a research report on Tuesday, June 10th. Finally, JPMorgan Chase & Co. dropped their price target on Equifax from $277.00 to $272.00 and set an "overweight" rating for the company in a research report on Wednesday, July 23rd. One investment 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's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $284.80.

Insider Activity

In related news, CEO Mark W. Begor sold 48,264 shares of the company's stock in a transaction 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 sale, the chief executive officer owned 142,872 shares in the company, valued at $34,533,591.12. This represents a 25.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.40% of the company's stock.

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.