Legal & General Group Plc Buys New Shares in Equifax, Inc. $EFX

Legal & General Group Plc purchased a new stake in Equifax, Inc. (NYSE:EFX) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 676,765 shares of the credit services provider’s stock, valued at approximately $107,416,000.

A number of other large investors also recently modified their holdings of EFX. Brighton Jones LLC boosted its position in Equifax by 49.2% during the fourth quarter. Brighton Jones LLC now owns 3,638 shares of the credit services provider’s stock valued at $927,000 after purchasing an additional 1,200 shares during the last quarter. Canada Post Corp Registered Pension Plan increased its position in shares of Equifax by 1,253.8% during the 4th quarter. Canada Post Corp Registered Pension Plan now owns 24,978 shares of the credit services provider’s stock worth $5,420,000 after purchasing an additional 23,133 shares during the last quarter. Louisiana State Employees Retirement System acquired a new position in shares of Equifax during the 1st quarter worth approximately $1,098,000. B. Metzler seel. Sohn & Co. AG bought a new stake in shares of Equifax during the 2nd quarter worth approximately $463,000. Finally, Oppenheimer Asset Management Inc. raised its stake in shares of Equifax by 39.9% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 34,056 shares of the credit services provider’s stock worth $7,389,000 after purchasing an additional 9,710 shares in the last quarter. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Weiss Ratings raised shares of Equifax from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, August 13th. Morgan Stanley dropped their price target on shares of Equifax from $243.00 to $225.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft set a $208.00 price target on shares of Equifax in a research note on Wednesday, July 22nd. Bank of America decreased their price objective 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. Finally, UBS Group restated a “buy” rating and set a $220.00 price objective on shares of Equifax in a research note on Wednesday, July 8th. Fourteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Equifax has a consensus rating of “Moderate Buy” and an average price target of $216.89.

Equifax Stock Performance

Shares of NYSE EFX opened at $190.60 on Friday. 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 company has a market capitalization of $22.39 billion, a P/E ratio of 33.50, a P/E/G ratio of 1.53 and a beta of 1.30. 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 $174.70 and a 200-day moving average of $178.16.

Equifax (NYSE:EFX) last posted its quarterly earnings results on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.05. Equifax had a return on equity of 21.61% and a net margin of 10.73%.The business had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.70 billion. During the same quarter in the prior year, the business earned $2.00 EPS. The firm’s revenue for the quarter was up 10.6% on a year-over-year basis. Equifax has set its Q3 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.390-8.690 EPS. As a group, equities research analysts predict 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 given a $0.56 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $2.24 annualized dividend and a dividend yield of 1.2%. Equifax’s dividend payout ratio is presently 39.37%.

Insider Buying and Selling at Equifax

In other news, CEO Mark W. Begor sold 37,791 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $46,808,582.40. This trade represents a 12.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.70% of the stock is owned by insiders.

Equifax Company 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.