Wellington Management Group LLP Trims Position in Equifax, Inc. $EFX

Key Points

• Wellington Management Group LLP reduced its holdings in Equifax, Inc. by 26.5%, ending the first quarter with 32,817 shares valued at approximately $7.99 million.
• CEO Mark W. Begor sold 48,264 shares of Equifax for about $11.67 million, resulting in a 25.25% decrease in his position.
• Equifax reported $2.00 EPS for the last quarter, beating analysts' expectations, and announced a quarterly dividend of $0.50 per share.

Wellington Management Group LLP trimmed its stake in Equifax, Inc. (NYSE:EFX - Free Report) by 26.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,817 shares of the credit services provider's stock after selling 11,820 shares during the period. Wellington Management Group LLP's holdings in Equifax were worth $7,993,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of EFX. DAVENPORT & Co LLC lifted its holdings in Equifax by 12.0% during the first 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 in the last quarter. Teacher Retirement System of Texas lifted its holdings in Equifax by 1,464.7% during the first 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 in the last quarter. OneDigital Investment Advisors LLC purchased a new stake in Equifax in the 1st quarter worth $209,000. QRG Capital Management Inc. increased its stake in Equifax by 19.9% in the 1st quarter. QRG Capital Management Inc. now owns 1,611 shares of the credit services provider's stock worth $392,000 after buying an additional 267 shares in the last quarter. Finally, SG Americas Securities LLC increased its stake in Equifax by 44.2% in the 1st quarter. SG Americas Securities LLC now owns 5,229 shares of the credit services provider's stock worth $1,274,000 after buying an additional 1,602 shares in the last quarter. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EFX has been the subject of a number of research analyst reports. UBS Group cut their price objective on Equifax from $315.00 to $278.00 and set a "buy" rating for the company in a research report on Wednesday, July 23rd. Bank of America downgraded shares of Equifax from a "buy" rating to a "neutral" rating and lowered their price target for the company from $300.00 to $285.00 in a report on Monday, June 23rd. Wells Fargo & Company decreased their price objective on shares of Equifax from $310.00 to $300.00 and set an "overweight" rating for the company in a research note on Wednesday, July 23rd. Royal Bank Of Canada reissued an "outperform" rating and issued a $300.00 price objective on shares of Equifax in a research note on Wednesday, June 18th. Finally, Stifel Nicolaus boosted their price target on Equifax from $277.00 to $295.00 and gave the company a "buy" rating in a report on Wednesday, June 18th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Equifax presently has a consensus rating of "Moderate Buy" and a consensus price target of $283.53.

Equifax Stock Up 1.5%

EFX stock traded up $3.47 during trading on Wednesday, hitting $237.50. 745,635 shares of the company's stock traded hands, compared to its average volume of 912,015. The firm has a market capitalization of $29.40 billion, a P/E ratio of 46.48, a PEG ratio of 2.96 and a beta of 1.68. The business has a fifty day simple moving average of $250.47 and a two-hundred day simple moving average of $249.86. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.79. Equifax, Inc. has a 1 year low of $199.98 and a 1 year high of $309.63.

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

Equifax Dividend Announcement

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

Insider Transactions at Equifax

In other Equifax news, CEO Mark W. Begor sold 48,264 shares of Equifax 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 transaction, the chief executive officer directly owned 142,872 shares of the company's stock, valued at approximately $34,533,591.12. The trade was a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.40% of the company's stock.

About Equifax

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.