SummitTX Capital L.P. Buys Shares of 11,469 Equifax, Inc. $EFX

SummitTX Capital L.P. bought a new stake in shares of Equifax, Inc. (NYSE:EFX) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,469 shares of the credit services provider’s stock, valued at approximately $2,065,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EFX. State Street Corp raised its position in shares of Equifax by 1.3% in the 4th quarter. State Street Corp now owns 5,056,441 shares of the credit services provider’s stock valued at $1,097,147,000 after purchasing an additional 66,289 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Equifax by 35.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,344,531 shares of the credit services provider’s stock worth $942,676,000 after purchasing an additional 1,145,921 shares during the last quarter. Brown Advisory Inc. lifted its holdings in shares of Equifax by 57.2% during the fourth quarter. Brown Advisory Inc. now owns 2,809,879 shares of the credit services provider’s stock worth $609,693,000 after purchasing an additional 1,022,819 shares during the period. Cantillon Capital Management LLC boosted its position in Equifax by 3.9% in the first quarter. Cantillon Capital Management LLC now owns 1,791,379 shares of the credit services provider’s stock valued at $322,574,000 after buying an additional 67,381 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its position in Equifax by 0.6% in the third quarter. Lazard Asset Management LLC now owns 1,736,731 shares of the credit services provider’s stock valued at $445,524,000 after buying an additional 9,741 shares during the last quarter. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Mark W. Begor sold 37,791 shares of the company’s stock in a transaction on Friday, July 24th. The shares were 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 of the company’s stock, valued at $46,808,582.40. This represents a 12.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chad M. Borton sold 2,455 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $173.89, for a total transaction of $426,899.95. Following the completion of the sale, the executive vice president owned 29,518 shares of the company’s stock, valued at $5,132,885.02. This trade represents a 7.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.70% of the company’s stock.

Analyst Upgrades and Downgrades

EFX has been the subject of a number of recent research reports. UBS Group reissued a “buy” rating and set a $220.00 price target on shares of Equifax in a research report on Wednesday, July 8th. Weiss Ratings raised shares of Equifax from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 16th. Royal Bank Of Canada cut their price objective on shares of Equifax from $222.00 to $194.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Morgan Stanley reduced their target price on shares of Equifax from $243.00 to $225.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Finally, Wells Fargo & Company decreased their target price on shares of Equifax from $220.00 to $212.00 and set an “overweight” 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 stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $215.79.

Equifax Price Performance

NYSE:EFX opened at $187.29 on Wednesday. Equifax, Inc. has a 12 month low of $150.74 and a 12 month high of $271.84. The stock has a 50 day moving average of $166.77 and a two-hundred day moving average of $181.97. 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 firm has a market cap of $22.00 billion, a P/E ratio of 32.92, a price-to-earnings-growth ratio of 1.42 and a beta of 1.32.

Equifax (NYSE:EFX) last released 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. The business had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.70 billion. Equifax had a return on equity of 21.61% and a net margin of 10.73%.The business’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.00 earnings per share. 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, analysts expect that Equifax, Inc. will post 8.55 earnings per share for the current fiscal year.

Equifax Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 22nd were paid a $0.56 dividend. This represents a $2.24 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Friday, May 22nd. Equifax’s dividend payout ratio is currently 39.37%.

About Equifax

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.