Hsbc Holdings PLC Buys Shares of 312,946 Equifax, Inc. $EFX

Hsbc Holdings PLC bought a new stake in Equifax, Inc. (NYSE:EFX) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 312,946 shares of the credit services provider’s stock, valued at approximately $49,477,000. Hsbc Holdings PLC owned approximately 0.27% of Equifax at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Equifax in the 2nd quarter valued at $1,491,357,000. State Street Corp boosted its stake in Equifax by 1.3% during the 4th quarter. State Street Corp now owns 5,056,441 shares of the credit services provider’s stock worth $1,097,147,000 after purchasing an additional 66,289 shares during the last quarter. Soroban Capital Partners LP boosted its stake in Equifax by 310.5% during the 1st quarter. Soroban Capital Partners LP now owns 4,184,569 shares of the credit services provider’s stock worth $753,515,000 after purchasing an additional 3,165,120 shares during the last quarter. Brown Advisory Inc. grew 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 buying an additional 1,022,819 shares in the last quarter. Finally, Bank of America Corp DE raised its position in shares of Equifax by 36.5% in the first quarter. Bank of America Corp DE now owns 2,107,458 shares of the credit services provider’s stock valued at $379,490,000 after buying an additional 563,880 shares during the last quarter. 96.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Needham & Company LLC lowered their price target on shares of Equifax from $265.00 to $245.00 and set a “buy” rating on the stock in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft set a $208.00 price objective on shares of Equifax in a report on Wednesday, July 22nd. Barclays decreased their target price on shares of Equifax from $215.00 to $200.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 22nd. Morgan Stanley dropped their price target on Equifax from $243.00 to $225.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Finally, Bank of America cut their price target on Equifax from $250.00 to $225.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Fourteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $216.89.

Insider Activity

In related news, CEO Mark W. Begor sold 37,791 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer directly owned 271,890 shares in the company, valued at approximately $46,808,582.40. The trade was a 12.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.70% of the company’s stock.

Equifax Stock Down 0.7%

Shares of NYSE EFX opened at $190.50 on Thursday. The company has a 50 day simple moving average of $173.97 and a 200-day simple moving average of $178.19. The company has a market capitalization 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. 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 released its quarterly earnings data on Tuesday, July 21st. The credit services provider reported $2.25 EPS for the quarter, beating analysts’ consensus estimates of $2.20 by $0.05. The firm had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.70 billion. Equifax had a return on equity of 21.61% and a net margin of 10.73%.The firm’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the firm 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, equities research analysts predict that Equifax, Inc. will post 8.58 earnings per share for the current year.

Equifax Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given 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 (DPR) 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.