Northwestern Mutual Wealth Management Co. bought a new position in Equifax, Inc. (NYSE:EFX – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,723 shares of the credit services provider’s stock, valued at approximately $432,000.
A number of other hedge funds have also added to or reduced their stakes in EFX. Quantbot Technologies LP purchased a new stake in shares of Equifax in the second quarter worth about $467,000. Evolve Private Wealth LLC purchased a new position in Equifax during the second quarter valued at approximately $594,000. Westpac Banking Corp bought a new stake in Equifax during the 2nd quarter worth approximately $126,000. Korea Investment CORP purchased a new stake in Equifax in the 2nd quarter worth approximately $4,691,000. Finally, EP Wealth Advisors LLC purchased a new stake in Equifax in the 2nd quarter worth approximately $326,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on EFX shares. Bank of America reduced their price target on shares of Equifax from $250.00 to $225.00 and set a “buy” rating for the company in a research report on Tuesday, May 19th. Royal Bank Of Canada lowered their price objective on Equifax from $222.00 to $194.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. Barclays dropped their price objective on Equifax from $215.00 to $200.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft set a $208.00 target price on Equifax in a research report on Wednesday, July 22nd. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $182.00 price target on shares of Equifax in a report on Tuesday, July 21st. Fourteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $216.89.
Insider Activity
In other news, CEO Mark W. Begor sold 37,791 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $172.16, for a total value of $6,506,098.56. Following the transaction, the chief executive officer owned 271,890 shares in the company, valued at approximately $46,808,582.40. This trade represents a 12.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.70% of the company’s stock.
Equifax Stock Down 0.7%
EFX opened at $190.50 on Thursday. Equifax, Inc. has a 12 month low of $150.74 and a 12 month high of $271.84. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.92. The business’s 50-day moving average price is $173.97 and its 200-day moving average price is $178.19. The company has a market cap of $22.38 billion, a P/E ratio of 33.48, a P/E/G ratio of 1.54 and a beta of 1.30.
Equifax (NYSE:EFX – Get Free Report) last issued its earnings results on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.05. Equifax had a return on equity of 21.61% and a net margin of 10.73%.The company had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.70 billion. During the same period in the prior year, the business posted $2.00 EPS. Equifax’s quarterly revenue was up 10.6% compared to the same quarter last year. Equifax has set its Q3 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.390-8.690 EPS. On average, equities analysts expect that Equifax, Inc. will post 8.58 EPS for the current year.
Equifax Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, August 31st. Equifax’s dividend payout ratio is 39.37%.
Equifax Profile
Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.
The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.
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