SCHEDULE 13G: T. Rowe Price Discloses 5.6% Passive Stake in Equifax Inc.

T. Rowe Price Associates, Inc. has filed a Schedule 13G, revealing a passive beneficial ownership of 5.6% of Equifax Inc.'s common stock as of March 31, 2025.

Summary

• T. Rowe Price Associates, Inc., an investment adviser based in Maryland, has reported beneficial ownership of 7,046,601 shares of Equifax Inc. common stock.
• This aggregate amount represents 5.6% of the total class of Equifax Inc. common stock.
• T. Rowe Price holds sole voting power over 6,602,713 shares and sole dispositive power over 7,045,416 shares.
• The filing indicates that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Equifax Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory disclosure of beneficial ownership, which is factual and neutral in tone. It does not contain performance data or forward-looking statements that would typically influence sentiment.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."
• "T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied."

Industry Context

This Schedule 13G filing is a routine disclosure by a large institutional investment manager, T. Rowe Price, indicating a significant, passive ownership stake in Equifax. Such filings are common for major asset managers who hold positions above 5% in publicly traded companies for investment purposes, rather than to exert control. It reflects T. Rowe Price's investment strategy and portfolio allocation within the financial services and data analytics sector, where Equifax operates.

Stakeholder Impact

• For shareholders, this filing indicates that a major institutional investor, T. Rowe Price, holds a significant passive stake in Equifax, which could be viewed as a vote of confidence in the company's long-term prospects.

Key Dates

Keywords

Equifax Inc., T. Rowe Price Associates Inc., Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Adviser, Passive Investment