
Equitable Holdings, Inc. (NYSE:EQH – Free Report) – DOWLING & PARTN decreased their FY2026 earnings per share (EPS) estimates for Equitable in a research note issued to investors on Tuesday, October 13th. DOWLING & PARTN analyst J. Hurwitz now anticipates that the company will post earnings per share of $7.10 for the year, down from their prior forecast of $7.25. The consensus estimate for Equitable’s current full-year earnings is $7.20 per share.
Equitable (NYSE:EQH – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.05. The firm had revenue of $1.66 billion for the quarter, compared to analyst estimates of $3.84 billion. Equitable had a positive return on equity of 511.35% and a negative net margin of 8.72%. The business’s revenue was down 29.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.10 earnings per share.
Other equities research analysts have also issued research reports about the company. Wolfe Research lowered Equitable from an “outperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Evercore restated an “outperform” rating and issued a $66.00 price objective on shares of Equitable in a research note on Thursday, August 20th. Keefe, Bruyette & Woods upped their price objective on shares of Equitable from $62.00 to $67.00 and gave the company an “outperform” rating in a report on Tuesday, August 11th. UBS Group upped their price objective on shares of Equitable from $63.00 to $68.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Finally, Weiss Ratings upgraded shares of Equitable from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $63.18.
Get Our Latest Stock Analysis on Equitable
Equitable Stock Up 1.1%
Shares of NYSE EQH opened at $53.44 on Friday. The company has a debt-to-equity ratio of 8.75, a current ratio of 0.15 and a quick ratio of 0.15. The stock has a market capitalization of $14.59 billion, a PE ratio of -16.14, a P/E/G ratio of 0.52 and a beta of 1.10. Equitable has a one year low of $35.19 and a one year high of $55.22. The business’s fifty day moving average price is $52.13 and its 200-day moving average price is $46.54.
Equitable Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.20 dividend on an annualized basis and a yield of 2.2%. Equitable’s payout ratio is presently -36.25%.
Insider Buying and Selling at Equitable
In other news, insider Nick Lane sold 14,923 shares of the firm’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $53.24, for a total value of $794,500.52. Following the completion of the transaction, the insider directly owned 110,007 shares of the company’s stock, valued at $5,856,772.68. This trade represents a 11.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO William Eckert, IV sold 947 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $52.88, for a total value of $50,077.36. Following the completion of the transaction, the chief accounting officer directly owned 8,419 shares of the company’s stock, valued at $445,196.72. The trade was a 10.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 72,516 shares of company stock worth $3,658,629. Company insiders own 1.00% of the company’s stock.
Institutional Trading of Equitable
Hedge funds and other institutional investors have recently made changes to their positions in the stock. J. Safra Sarasin Holding AG lifted its holdings in Equitable by 1.5% during the 1st quarter. J. Safra Sarasin Holding AG now owns 19,109 shares of the company’s stock worth $708,000 after purchasing an additional 290 shares in the last quarter. CX Institutional boosted its stake in Equitable by 30.2% in the 2nd quarter. CX Institutional now owns 1,282 shares of the company’s stock worth $56,000 after purchasing an additional 297 shares during the period. Root Financial Partners LLC boosted its stake in Equitable by 64.1% in the 1st quarter. Root Financial Partners LLC now owns 888 shares of the company’s stock worth $33,000 after purchasing an additional 347 shares during the period. HB Wealth Management LLC grew its holdings in Equitable by 4.8% during the 2nd quarter. HB Wealth Management LLC now owns 9,784 shares of the company’s stock valued at $429,000 after buying an additional 444 shares in the last quarter. Finally, State of Michigan Retirement System grew its holdings in Equitable by 0.7% during the 1st quarter. State of Michigan Retirement System now owns 72,286 shares of the company’s stock valued at $2,683,000 after buying an additional 500 shares in the last quarter. 92.70% of the stock is currently owned by institutional investors.
Equitable Company Profile
Equitable Holdings, Inc is a financial services company that provides retirement, protection and investment management solutions to individuals, businesses and institutions. Its businesses operate primarily in the United States and serve clients through financial professionals, employer-sponsored retirement plans and institutional relationships.
Through its Equitable business, the company offers life insurance, annuities, individual retirement products and employee benefits. Its offerings are designed to help customers accumulate and protect assets, generate retirement income and address long-term financial planning needs.
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