Hsbc Holdings PLC Acquires 40,861 Shares of Equifax, Inc. $EFX

by · The Markets Daily

Hsbc Holdings PLC increased its holdings in Equifax, Inc. (NYSE:EFX – Free Report) by 15.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 312,946 shares of the credit services provider’s stock after purchasing an additional 40,861 shares during the quarter. Hsbc Holdings PLC’s holdings in Equifax were worth $49,477,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Cullen Frost Bankers Inc. bought a new position in shares of Equifax during the fourth quarter valued at about $25,000. Ameriflex Group Inc. increased its holdings in shares of Equifax by 612.5% in 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 during the period. Reflection Asset Management bought a new stake in shares of Equifax in the 4th quarter valued at about $26,000. Kemnay Advisory Services Inc. purchased a new stake in Equifax during the 4th quarter valued at about $26,000. Finally, Clearstead Trust LLC purchased a new stake in Equifax during the 2nd quarter valued at about $28,000. 96.20% of the stock is owned by institutional investors.

Insider Transactions at Equifax

In other Equifax news, CEO Mark Begor sold 37,791 shares of the business’s stock in a transaction 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 transaction, the chief executive officer directly owned 271,890 shares of the company’s stock, valued at approximately $46,808,582.40. The trade was a 12.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on EFX shares. Weiss Ratings raised Equifax from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, August 13th. BMO Capital Markets dropped their price objective on Equifax from $195.00 to $179.00 and set a “market perform” rating for the company in a research note on Monday, July 13th. The Goldman Sachs Group restated a “neutral” rating and issued a $182.00 target price (up from $173.00) on shares of Equifax in a report on Tuesday, July 21st. Rothschild & Co Redburn raised shares of Equifax from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $214.00 to $235.00 in a research note on Friday, August 21st. Finally, Citigroup lowered their price target on shares of Equifax from $238.00 to $220.00 and set a “buy” rating for the company in a report on Wednesday, July 22nd. Fifteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Equifax presently has an average rating of “Moderate Buy” and an average target price of $215.16.

Get Our Latest Research Report on Equifax

Equifax Trading Up 0.1%

EFX opened at $177.31 on Tuesday. Equifax, Inc. 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 business has a 50 day simple moving average of $178.90 and a two-hundred day simple moving average of $177.68. The firm has a market capitalization of $20.83 billion, a price-to-earnings ratio of 31.16, a PEG ratio of 1.72 and a beta of 1.31.

Equifax (NYSE:EFX – Get Free Report) last issued its quarterly earnings data 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. Equifax had a return on equity of 21.61% and a net margin of 10.73%.The firm had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.70 billion. During the same period last year, the company earned $2.00 EPS. The business’s quarterly 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. Analysts predict that Equifax, Inc. will post 8.55 EPS for the current year.

Equifax Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a $0.56 dividend. The ex-dividend date is Monday, August 31st. This represents a $2.24 annualized dividend and a yield of 1.3%. Equifax’s payout ratio is 39.37%.

Equifax Profile

(Free Report)

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.

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