Equifax, Inc. (NYSE:EFX) Plans $0.56 Quarterly Dividend

Equifax, Inc. (NYSE:EFX) announced a quarterly dividend on Wednesday, August 19th. Shareholders of record on Monday, August 31st will be paid a dividend of 0.56 per share by the credit services provider on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, August 31st.

Equifax has increased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 1 years. Equifax has a payout ratio of 24.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Equifax to earn $10.12 per share next year, which means the company should continue to be able to cover its $2.24 annual dividend with an expected future payout ratio of 22.1%.

Equifax Stock Up 5.9%

Shares of NYSE EFX opened at $192.64 on Thursday. Equifax has a one year low of $150.74 and a one 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 firm’s 50 day simple moving average is $170.91 and its two-hundred day simple moving average is $178.08. The stock has a market capitalization of $22.63 billion, a P/E ratio of 33.86, a PEG ratio of 1.46 and a beta of 1.30.

Equifax (NYSE:EFX) last posted its quarterly earnings results on Tuesday, July 21st. The credit services provider reported $2.25 EPS for the quarter, topping the consensus estimate of $2.20 by $0.05. Equifax had a net margin of 10.73% and a return on equity of 21.61%. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.70 billion. During the same period last year, the firm posted $2.00 earnings per share. The business’s revenue 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. As a group, analysts expect that Equifax will post 8.57 EPS for the current fiscal year.

Insider Activity

In other news, CEO Mark W. Begor sold 37,791 shares of the firm’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 value of $6,506,098.56. Following the completion of the transaction, the chief executive officer owned 271,890 shares in the company, valued at $46,808,582.40. This trade represents a 12.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.70% of the company’s stock.

Hedge Funds Weigh In On Equifax

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quantitative Investment Management LLC boosted its holdings in shares of Equifax by 460.2% during the 2nd quarter. Quantitative Investment Management LLC now owns 21,518 shares of the credit services provider’s stock valued at $3,415,000 after buying an additional 17,677 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Equifax by 9.1% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,192,831 shares of the credit services provider’s stock worth $189,326,000 after acquiring an additional 99,670 shares in the last quarter. New Mexico Educational Retirement Board lifted its position in Equifax by 5.3% during the 2nd quarter. New Mexico Educational Retirement Board now owns 6,005 shares of the credit services provider’s stock valued at $953,000 after acquiring an additional 300 shares during the period. Mufg Securities Americas Inc. boosted its stake in Equifax by 7.7% during the second quarter. Mufg Securities Americas Inc. now owns 3,587 shares of the credit services provider’s stock worth $569,000 after acquiring an additional 255 shares in the last quarter. Finally, Nissay Asset Management Corp Japan grew its holdings in Equifax by 2.7% in the second quarter. Nissay Asset Management Corp Japan now owns 16,241 shares of the credit services provider’s stock worth $2,578,000 after purchasing an additional 423 shares during the period. Hedge funds and other institutional investors own 96.20% of the company’s stock.

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.