NewEdge Wealth LLC Makes New $2.27 Million Investment in Equifax, Inc. $EFX

NewEdge Wealth LLC purchased a new position in Equifax, Inc. (NYSE:EFX) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 14,296 shares of the credit services provider’s stock, valued at approximately $2,269,000.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new position in Equifax during the second quarter worth $1,491,357,000. State Street Corp boosted its position in Equifax by 1.3% during the fourth quarter. State Street Corp now owns 5,056,441 shares of the credit services provider’s stock valued at $1,097,147,000 after acquiring an additional 66,289 shares during the last quarter. Soroban Capital Partners LP boosted its position in Equifax by 310.5% during the first quarter. Soroban Capital Partners LP now owns 4,184,569 shares of the credit services provider’s stock valued at $753,515,000 after acquiring an additional 3,165,120 shares during the last quarter. Brown Advisory Inc. grew its holdings in Equifax by 57.2% during the 4th quarter. Brown Advisory Inc. now owns 2,809,879 shares of the credit services provider’s stock worth $609,693,000 after acquiring an additional 1,022,819 shares during the period. Finally, Bank of America Corp DE grew its holdings in Equifax by 36.5% during the 1st quarter. Bank of America Corp DE now owns 2,107,458 shares of the credit services provider’s stock worth $379,490,000 after acquiring an additional 563,880 shares during the period. 96.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on EFX shares. Mizuho dropped their price objective on Equifax from $222.00 to $210.00 and set an “outperform” rating on the stock in a research note on Thursday, July 2nd. The Goldman Sachs Group reiterated a “neutral” rating and issued a $182.00 target price on shares of Equifax in a report on Tuesday, July 21st. BMO Capital Markets dropped their price target on Equifax from $195.00 to $179.00 and set a “market perform” rating on the stock in a research note on Monday, July 13th. Needham & Company LLC cut their price target on Equifax from $265.00 to $245.00 and set a “buy” rating on the stock in a report on Wednesday, July 22nd. Finally, Royal Bank Of Canada reduced their price objective on shares of Equifax from $222.00 to $194.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Thirteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Equifax currently has a consensus rating of “Moderate Buy” and an average price target of $215.79.

Equifax Price Performance

EFX stock opened at $192.20 on Friday. The stock has a market capitalization of $22.58 billion, a PE ratio of 33.78, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30. The company’s 50-day moving average is $171.57 and its 200-day moving average is $178.01. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.60 and a quick ratio of 0.60. Equifax, Inc. has a 1 year low of $150.74 and a 1 year high of $271.84.

Equifax (NYSE:EFX) last issued its earnings results on Tuesday, July 21st. The credit services provider reported $2.25 EPS 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 the consensus estimate of $1.70 billion. During the same period last year, the business posted $2.00 EPS. The firm’s revenue for the quarter 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. Equities research analysts expect that Equifax, Inc. will post 8.57 EPS for the current fiscal year.

Equifax Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, August 31st. Equifax’s dividend payout ratio (DPR) is 39.37%.

Insider Activity at Equifax

In other news, CEO Mark W. Begor sold 37,791 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $172.16, for a total transaction of $6,506,098.56. Following the completion of the sale, the chief executive officer owned 271,890 shares in the company, valued at $46,808,582.40. The trade was a 12.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.70% of the stock is currently owned by corporate insiders.

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.