DOWLING & PARTN Increases Earnings Estimates for Equitable

Equitable Holdings, Inc. (NYSE:EQH) – Research analysts at DOWLING & PARTN boosted their FY2026 earnings per share estimates for shares of Equitable in a research report issued to clients and investors on Friday, August 14th. DOWLING & PARTN analyst J. Hurwitz now expects that the company will post earnings per share of $7.25 for the year, up from their prior estimate of $7.15. The consensus estimate for Equitable’s current full-year earnings is $7.13 per share.

EQH has been the topic of several other reports. Wolfe Research cut shares of Equitable from an “outperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Keefe, Bruyette & Woods raised their target price on shares of Equitable from $62.00 to $67.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. Mizuho set a $68.00 target price on shares of Equitable in a report on Thursday, August 6th. JPMorgan Chase & Co. dropped their price target on shares of Equitable from $58.00 to $57.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Finally, Wells Fargo & Company increased their price target on shares of Equitable from $57.00 to $60.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $61.17.

Equitable Price Performance

Equitable stock opened at $51.02 on Tuesday. 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 business has a 50 day simple moving average of $47.33 and a 200-day simple moving average of $43.31. Equitable has a 12 month low of $35.19 and a 12 month high of $55.15. The stock has a market capitalization of $13.93 billion, a PE ratio of -15.41, a price-to-earnings-growth ratio of 0.52 and a beta of 1.09.

Equitable (NYSE:EQH) last announced its earnings results on Tuesday, August 4th. The company reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.05. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $3.84 billion. Equitable had a positive return on equity of 511.35% and a negative net margin of 8.72%.The company’s revenue was down 29.8% on a year-over-year basis. During the same period last year, the business posted $1.10 EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Empowered Funds LLC acquired a new stake in shares of Equitable during the 2nd quarter valued at approximately $874,000. United Capital Financial Advisors LLC acquired a new stake in shares of Equitable in the 2nd quarter worth approximately $413,000. Glazer Capital LLC acquired a new stake in shares of Equitable in the 2nd quarter worth approximately $219,000. Equitable Holdings Inc. purchased a new position in Equitable in the 2nd quarter valued at approximately $774,000. Finally, Jefferies Financial Group Inc. purchased a new position in Equitable in the 2nd quarter valued at approximately $1,167,000. 92.70% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Equitable news, CEO Mark Pearson sold 39,700 shares of the firm’s stock in a transaction on Monday, July 20th. The stock was sold at an average price of $48.54, for a total value of $1,927,038.00. Following the completion of the sale, the chief executive officer owned 753,403 shares of the company’s stock, valued at approximately $36,570,181.62. This trade represents a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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. Also, Director Craig C. Mackay sold 2,200 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $51.37, for a total transaction of $113,014.00. Following the sale, the director owned 18,999 shares in the company, valued at $975,978.63. The trade was a 10.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 114,541 shares of company stock valued at $5,357,784 in the last quarter. Corporate insiders own 1.10% of the company’s stock.

Equitable Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Monday, August 3rd were given a $0.30 dividend. The ex-dividend date was Monday, August 3rd. This represents a $1.20 annualized dividend and a yield of 2.4%. Equitable’s dividend payout ratio is presently -36.25%.

About Equitable

Equitable Holdings, Inc (NYSE: EQH) is a leading provider of life insurance, annuities and retirement plan services in the United States. Through its insurance subsidiary, AXA Equitable Life Insurance Company, the firm offers a broad range of permanent and term life insurance products designed to help individuals and families manage risk and build wealth. In addition, Equitable provides fixed, variable and indexed annuity solutions to support income planning in retirement, as well as a suite of group retirement and pension plan services for employers and plan sponsors.

The company also maintains an asset management arm that delivers investment strategies across equities, fixed income and alternative asset classes for both retail and institutional clients.