TD Asset Management Inc Reduces Stock Holdings in Equifax, Inc. $EFX

Key Points

• TD Asset Management Inc reduced its stake in Equifax, Inc. by 1.5%, now owning approximately 0.16% of the company, worth $50.21 million.
• Equifax reported earnings of $2.00 per share for the last quarter, surpassing estimates and showing a 7.4% year-over-year revenue increase.
• The company declared a quarterly dividend of $0.50 per share, translating to an annualized yield of 0.9%.

TD Asset Management Inc reduced its stake in Equifax, Inc. (NYSE:EFX - Free Report) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 193,584 shares of the credit services provider's stock after selling 2,863 shares during the period. TD Asset Management Inc owned 0.16% of Equifax worth $50,210,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Capital Investment Advisors LLC boosted its position in shares of Equifax by 31.8% in the 2nd quarter. Capital Investment Advisors LLC now owns 4,443 shares of the credit services provider's stock valued at $1,152,000 after purchasing an additional 1,072 shares during the period. Inspire Investing LLC boosted its position in shares of Equifax by 28.0% in the 1st quarter. Inspire Investing LLC now owns 1,295 shares of the credit services provider's stock valued at $315,000 after purchasing an additional 283 shares during the period. DAVENPORT & Co LLC boosted its position in shares of Equifax by 12.0% in the 1st quarter. DAVENPORT & Co LLC now owns 2,212 shares of the credit services provider's stock valued at $539,000 after purchasing an additional 237 shares during the period. Teacher Retirement System of Texas boosted its position in shares of Equifax by 1,464.7% in the 1st quarter. Teacher Retirement System of Texas now owns 18,119 shares of the credit services provider's stock valued at $4,413,000 after purchasing an additional 16,961 shares during the period. Finally, OneDigital Investment Advisors LLC acquired a new stake in shares of Equifax in the 1st quarter valued at about $209,000. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Equifax Price Performance

EFX stock opened at $229.83 on Thursday. The firm has a 50 day moving average of $246.84 and a 200-day moving average of $250.83. Equifax, Inc. has a 12-month low of $199.98 and a 12-month high of $292.91. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.79. The company has a market cap of $28.45 billion, a price-to-earnings ratio of 44.98, a PEG ratio of 2.67 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 earnings per share for the quarter, beating 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 the consensus estimate of $1.51 billion. During the same period last year, the firm posted $1.82 EPS. The firm's revenue for the quarter was up 7.4% on a year-over-year basis. 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, equities analysts expect that Equifax, Inc. will post 7.58 EPS for the current fiscal year.

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $2.00 annualized dividend and a yield of 0.9%. Equifax's dividend payout ratio is 39.14%.

Insider Buying and Selling

In other news, CEO Mark W. Begor sold 48,264 shares of the business's stock in a transaction dated 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 owned 142,872 shares in the company, valued at approximately $34,533,591.12. The trade was a 25.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.40% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on EFX shares. Morgan Stanley reaffirmed an "overweight" rating on shares of Equifax in a report on Friday, October 3rd. Stifel Nicolaus upped their target price on shares of Equifax from $277.00 to $295.00 and gave the company a "buy" rating in a report on Wednesday, June 18th. Citigroup reduced their target price on shares of Equifax from $294.00 to $290.00 and set a "buy" rating for the company in a report on Wednesday, July 23rd. Barclays reduced their target price on shares of Equifax from $260.00 to $240.00 and set an "equal weight" rating for the company in a report on Wednesday, July 23rd. Finally, BMO Capital Markets reduced their target price on shares of Equifax from $280.00 to $260.00 and set a "market perform" rating for the company in a report on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $280.93.

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.

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