Connor Clark & Lunn Investment Management Ltd. Makes New Investment in Equifax, Inc. $EFX

Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Equifax, Inc. (NYSE:EFX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 23,763 shares of the credit services provider’s stock, valued at approximately $3,772,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in EFX. BlackRock Inc. acquired a new stake in Equifax during the second quarter worth $1,491,357,000. State Street Corp lifted its stake in shares of Equifax by 1.3% in the 4th quarter. State Street Corp now owns 5,056,441 shares of the credit services provider’s stock valued at $1,097,147,000 after purchasing an additional 66,289 shares during the last quarter. Soroban Capital Partners LP lifted its stake in shares of Equifax by 310.5% in 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 during the last quarter. Brown Advisory Inc. grew its holdings in shares of Equifax by 57.2% during the 4th quarter. Brown Advisory Inc. now owns 2,809,879 shares of the credit services provider’s stock worth $609,693,000 after purchasing an additional 1,022,819 shares during the period. Finally, Bank of America Corp DE increased its position in shares of Equifax by 36.5% during the 1st quarter. Bank of America Corp DE now owns 2,107,458 shares of the credit services provider’s stock worth $379,490,000 after purchasing an additional 563,880 shares during the last quarter. Institutional investors and hedge funds own 96.20% of the company’s stock.

Insider Buying and Selling

In other Equifax news, CEO Mark W. 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 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. The trade was a 12.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have commented on EFX. Wells Fargo & Company decreased their target price on shares of Equifax from $220.00 to $212.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Morgan Stanley dropped their price target on shares of Equifax from $243.00 to $225.00 and set an “overweight” rating for the company in a research report 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 on the stock in a report on Tuesday, May 19th. BNP Paribas Exane lowered their price objective on shares of Equifax from $195.00 to $185.00 and set a “neutral” rating for the company in a research report on Thursday, June 18th. Finally, Rothschild & Co Redburn upgraded shares of Equifax from a “neutral” rating to a “buy” rating and lifted their target price for the company from $214.00 to $235.00 in a report on Friday, August 21st. Fourteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $216.89.

Equifax Stock Performance

NYSE EFX opened at $194.35 on Friday. 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 company has a market cap of $22.83 billion, a P/E ratio of 34.16, a P/E/G ratio of 1.52 and a beta of 1.30. The stock has a 50-day moving average of $175.50 and a two-hundred day moving average of $178.27. Equifax, Inc. has a 1-year low of $150.74 and a 1-year high of $271.84.

Equifax (NYSE:EFX) last issued its quarterly earnings results on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share (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 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 company earned $2.00 earnings per share. The business’s quarterly revenue 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, analysts anticipate that Equifax, Inc. will post 8.58 EPS for the current year.

Equifax Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a $0.56 dividend. This represents a $2.24 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, August 31st. Equifax’s dividend payout ratio (DPR) is currently 39.37%.

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.