NewEdge Wealth LLC Invests $2.27 Million in Equifax, Inc. $EFX

NewEdge Wealth LLC bought a new position in Equifax, Inc. (NYSE:EFX) during the second quarter, Holdings Channel reports. The firm bought 14,296 shares of the credit services provider’s stock, valued at approximately $2,269,000.

Other hedge funds have also added to or reduced their stakes in the company. Cullen Frost Bankers Inc. purchased a new stake in shares of Equifax in the fourth quarter worth approximately $25,000. Ameriflex Group Inc. grew its holdings in Equifax by 612.5% during the fourth quarter. Ameriflex Group Inc. now owns 114 shares of the credit services provider’s stock worth $25,000 after buying an additional 98 shares in the last quarter. Reflection Asset Management bought a new stake in Equifax during the fourth quarter worth $26,000. Kemnay Advisory Services Inc. purchased a new stake in Equifax in the 4th quarter valued at $26,000. Finally, Clearstead Trust LLC purchased a new stake in Equifax in the 2nd quarter valued at $28,000. Institutional investors and hedge funds own 96.20% of the company’s stock.

Insider Buying and Selling at Equifax

In other news, CEO Mark W. Begor sold 37,791 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 271,890 shares of the company’s stock, valued at $46,808,582.40. This represents a 12.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on EFX shares. Morgan Stanley cut their price objective on shares of Equifax from $243.00 to $225.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. BNP Paribas Exane dropped their price target on shares of Equifax from $195.00 to $185.00 and set a “neutral” rating on the stock in a research report on Thursday, June 18th. Weiss Ratings upgraded shares of Equifax from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, August 13th. Mizuho reduced their price objective on shares of Equifax from $222.00 to $210.00 and set an “outperform” rating for the company in a research report on Thursday, July 2nd. Finally, Deutsche Bank Aktiengesellschaft set a $208.00 price objective on shares of Equifax in a research note on Wednesday, July 22nd. Thirteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Equifax has an average rating of “Moderate Buy” and an average price target of $215.79.

Equifax Trading Up 0.1%

Shares of Equifax stock opened at $192.20 on Friday. The firm has a market cap of $22.58 billion, a PE ratio of 33.78, a P/E/G ratio of 1.54 and a beta of 1.30. Equifax, Inc. has a 1 year low of $150.74 and a 1 year high of $271.84. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.60 and a quick ratio of 0.60. The stock has a fifty day moving average price of $171.57 and a 200-day moving average price of $178.01.

Equifax (NYSE:EFX) last issued its quarterly earnings results on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share for the quarter, topping analysts’ consensus estimates of $2.20 by $0.05. The company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.70 billion. Equifax had a net margin of 10.73% and a return on equity of 21.61%. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the firm earned $2.00 EPS. 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 anticipate that Equifax, Inc. will post 8.57 EPS for the current year.

Equifax Dividend Announcement

The business also recently announced 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 is Monday, August 31st. Equifax’s payout ratio is presently 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.