Equitable (NYSE:EQH) Director Sells 2,200 Shares

Key Points

• Equitable director Craig Mackay sold 2,200 shares at an average price of $51.37, generating $113,014 and reducing his stake by 10.38% to 18,999 shares.
• Equitable’s shares fell 2.7% to $51.27, despite the company reporting quarterly EPS of $1.70, ahead of the $1.65 consensus estimate. Revenue declined 29.8% year over year to $1.66 billion.
• Analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $61.17; the company also maintains a quarterly dividend of $0.30 per share, yielding approximately 2.3%.

Equitable Holdings, Inc. (NYSE:EQH - Get Free Report) Director Craig Mackay sold 2,200 shares of Equitable stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $51.37, for a total transaction of $113,014.00. Following the completion of 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Equitable Stock Down 2.7%

Shares of Equitable stock traded down $1.40 during trading hours on Tuesday, reaching $51.27. 4,703,574 shares of the company's stock were exchanged, compared to its average volume of 3,769,642. The stock has a market cap of $13.99 billion, a P/E ratio of -15.49, a P/E/G ratio of 0.51 and a beta of 1.09. The company has a 50 day moving average of $46.22 and a two-hundred day moving average of $43.10. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 8.75. Equitable Holdings, Inc. has a fifty-two week low of $35.19 and a fifty-two week high of $55.24.

Equitable (NYSE:EQH - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $1.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.65 by $0.05. Equitable had a positive return on equity of 511.35% and a negative net margin of 8.72%.The business had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $3.84 billion. During the same quarter in the previous year, the business earned $1.10 earnings per share. Equitable's quarterly revenue was down 29.8% on a year-over-year basis. On average, sell-side analysts forecast that Equitable Holdings, Inc. will post 7.13 EPS for the current fiscal year.

Equitable Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Monday, August 3rd were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.20 annualized dividend and a dividend yield of 2.3%. Equitable's payout ratio is -36.25%.

Analysts Set New Price Targets

Several research firms have recently commented on EQH. Raymond James Financial set a $58.00 price objective on Equitable and gave the company a "strong-buy" rating in a report on Thursday, April 16th. UBS Group boosted their target price on shares of Equitable from $63.00 to $68.00 and gave the stock a "buy" rating in a report on Wednesday, July 8th. Mizuho set a $68.00 price target on shares of Equitable in a research report on Thursday, August 6th. Wolfe Research cut shares of Equitable from an "outperform" rating to a "peer perform" rating in a research note on Thursday, July 9th. Finally, Jefferies Financial Group boosted their price objective on shares of Equitable from $64.00 to $66.00 and gave the stock a "buy" rating in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $61.17.

Equitable News Summary

Here are the key news stories impacting Equitable this week:

• Positive Sentiment: KBW raised its price target to $67. Keefe, Bruyette & Woods increased its target from $62 and maintained an “outperform” rating, implying substantial upside based on the referenced share price. This signals confidence in EQH’s earnings outlook and strategic execution. Benzinga
• Positive Sentiment: The Corebridge merger remains a key potential catalyst. Recent coverage highlights merger momentum, organic growth opportunities and projected cost savings. The transaction is expected to generate approximately $550 million in annual synergies and about 10% EPS accretion by 2027, while EQH is targeting roughly $1.8 billion in 2026 cash generation and significant shareholder returns. EQH Q2 Deep Dive
• Positive Sentiment: Quarterly earnings exceeded expectations. EQH reported $1.70 in EPS versus the $1.65 consensus estimate, up from $1.10 a year earlier. The company also paid its $0.30 quarterly dividend, supporting its capital-return appeal.
• Neutral Sentiment: Management’s earnings-call discussion focused on execution. Analysts questioned the merger, organic growth, capital deployment and strategic divestiture plans, suggesting investors are seeking more clarity on the timing and benefits of EQH’s strategy. Q2 Earnings Call Analyst Questions
• Negative Sentiment: Insider selling is weighing on confidence. Directors Charles Stonehill and Bertram Scott, along with Chief Accounting Officer William Eckert, sold shares. Recent data shows 34 insider sales and no insider purchases over six months, which may reinforce caution among investors.
• Negative Sentiment: Revenue remains a concern. Quarterly revenue fell 29.8% year over year to $1.66 billion, well below the cited $3.84 billion analyst estimate, despite the EPS beat.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in EQH. Geneos Wealth Management Inc. lifted its holdings in Equitable by 92.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 882 shares of the company's stock worth $46,000 after purchasing an additional 424 shares during the last quarter. Jump Financial LLC acquired a new position in shares of Equitable in the 2nd quarter valued at approximately $1,712,000. Gamco Investors INC. ET AL bought a new stake in shares of Equitable during the 2nd quarter worth approximately $1,133,000. Qube Research & Technologies Ltd boosted its position in shares of Equitable by 1,126.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 291,126 shares of the company's stock worth $16,332,000 after acquiring an additional 267,389 shares in the last quarter. Finally, Sei Investments Co. boosted its position in shares of Equitable by 45.8% during the 2nd quarter. Sei Investments Co. now owns 626,017 shares of the company's stock worth $35,120,000 after acquiring an additional 196,729 shares in the last quarter. 92.70% of the stock is owned by institutional investors and hedge funds.

Equitable Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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