Cibc World Market Inc. Acquires Shares of 126,961 Equifax, Inc. $EFX

Cibc World Market Inc. bought a new stake in shares of Equifax, Inc. (NYSE:EFX) in the 2nd quarter, Holdings Channel reports. The fund bought 126,961 shares of the credit services provider’s stock, valued at approximately $20,151,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. BlackRock Inc. acquired a new position in shares of Equifax in the second quarter worth about $1,491,357,000. Soroban Capital Partners LP grew 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 valued at $753,515,000 after purchasing an additional 3,165,120 shares in the last quarter. Generation Investment Management LLP acquired a new stake in Equifax during the 2nd quarter valued at approximately $290,868,000. Norges Bank purchased a new stake in Equifax during the 4th quarter worth approximately $275,635,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Equifax during the 2nd quarter worth approximately $174,843,000. 96.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Equifax

In related 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 sale, the chief executive officer owned 271,890 shares of the company’s stock, valued at approximately $46,808,582.40. This trade represents a 12.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.70% of the company’s stock.

Equifax Trading Up 1.0%

NYSE EFX opened at $194.54 on Tuesday. Equifax, Inc. has a one year low of $150.74 and a one year high of $271.84. The company has a 50-day simple moving average of $172.75 and a 200-day simple moving average of $178.11. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.60 and a current ratio of 0.60. The firm has a market capitalization of $22.86 billion, a PE ratio of 34.19, a price-to-earnings-growth ratio of 1.55 and a beta of 1.30.

Equifax (NYSE:EFX) last announced its quarterly earnings data 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 net margin of 10.73% and a return on equity of 21.61%. The business had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.70 billion. During the same quarter in the prior year, the firm earned $2.00 EPS. The company’s revenue for the quarter 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. On average, equities analysts forecast that Equifax, Inc. will post 8.57 earnings per share for the current year.

Equifax Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders 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 is Monday, August 31st. Equifax’s dividend payout ratio is presently 39.37%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on EFX. The Goldman Sachs Group reiterated a “neutral” rating and set a $182.00 target price on shares of Equifax in a research note on Tuesday, July 21st. UBS Group restated a “buy” rating and issued a $220.00 price target on shares of Equifax in a research note on Wednesday, July 8th. Morgan Stanley cut their price target 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. Weiss Ratings upgraded shares of Equifax from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, August 13th. Finally, Robert W. Baird decreased their price objective on shares of Equifax from $245.00 to $232.00 and set an “outperform” rating for the company in a report on Wednesday, July 22nd. Fourteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $216.89.

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.