DOWLING & PARTN Decreases Earnings Estimates for Equitable

Key Points

• DOWLING & PARTN lowered Equitable’s FY2026 EPS estimate to $7.10 from $7.25, below the current analyst consensus of $7.20.
• Despite the estimate reduction, analysts remain broadly positive, with Equitable holding a “Moderate Buy” consensus rating and an average price target of $63.18 versus its $53.44 share price.
• Equitable’s latest quarterly results exceeded expectations, reporting $1.70 EPS versus the $1.65 consensus, while the company maintains a $0.30 quarterly dividend yielding approximately 2.2%.

Equitable Holdings, Inc. (NYSE:EQH - Free Report) - DOWLING & PARTN reduced their FY2026 earnings per share (EPS) estimates for shares of Equitable in a research note issued on Tuesday, October 13th. DOWLING & PARTN analyst J. Hurwitz now anticipates that the company will earn $7.10 per share for the year, down from their prior estimate of $7.25. The consensus estimate for Equitable's current full-year earnings is $7.20 per share.

Several other analysts also recently commented on the stock. Evercore reiterated an "outperform" rating and issued a $66.00 target price on shares of Equitable in a report on Thursday, August 20th. Mizuho cut their price target on shares of Equitable from $67.00 to $66.00 and set an "outperform" rating on the stock in a report on Wednesday, October 7th. Raymond James Financial reaffirmed a "strong-buy" rating and issued a $65.00 price objective on shares of Equitable in a research report on Friday, October 9th. Barclays upped their price objective on shares of Equitable from $52.00 to $61.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 7th. Finally, UBS Group increased their price objective on shares of Equitable from $63.00 to $68.00 and gave the company a "buy" rating in a research note on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $63.18.

Equitable Stock Performance

NYSE EQH opened at $53.44 on Friday. Equitable has a 1 year low of $35.19 and a 1 year high of $55.22. 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 firm has a market cap of $14.59 billion, a price-to-earnings ratio of -16.14, a PEG ratio of 0.52 and a beta of 1.10. The company has a fifty day moving average price of $52.13 and a 200-day moving average price of $46.54.

Equitable (NYSE:EQH - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $1.66 billion for the quarter, compared to analysts' expectations 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 last year, the business earned $1.10 EPS.

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 of this dividend was Monday, August 3rd. This represents a $1.20 annualized dividend and a yield of 2.2%. Equitable's payout ratio is currently -36.25%.

Insiders Place Their Bets

In other Equitable news, Director Bertram Scott sold 2,780 shares of the company's stock in a transaction on Monday, September 21st. The stock was sold at an average price of $54.35, for a total value of $151,093.00. Following the completion of the transaction, the director owned 23,685 shares in the company, valued at $1,287,279.75. This represents a 10.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Charles Stonehill sold 7,500 shares of the firm's stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $51.54, for a total value of $386,550.00. Following the sale, the director directly owned 34,357 shares of the company's stock, valued at approximately $1,770,759.78. This represents a 17.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 72,516 shares of company stock valued at $3,658,629. 1.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Equitable

Hedge funds and other institutional investors have recently made changes to their positions in the stock. J. Safra Sarasin Holding AG increased its holdings in Equitable by 1.5% during the first quarter. J. Safra Sarasin Holding AG now owns 19,109 shares of the company's stock worth $708,000 after buying an additional 290 shares during the last quarter. CX Institutional raised its position in Equitable by 30.2% in the second quarter. CX Institutional now owns 1,282 shares of the company's stock worth $56,000 after acquiring an additional 297 shares during the period. Root Financial Partners LLC boosted its stake in Equitable by 64.1% in the first quarter. Root Financial Partners LLC now owns 888 shares of the company's stock valued at $33,000 after acquiring an additional 347 shares during the last quarter. HB Wealth Management LLC boosted its stake in Equitable by 4.8% in the second quarter. HB Wealth Management LLC now owns 9,784 shares of the company's stock valued at $429,000 after acquiring an additional 444 shares during the last quarter. Finally, State of Michigan Retirement System boosted its stake in Equitable by 0.7% in the first quarter. State of Michigan Retirement System now owns 72,286 shares of the company's stock valued at $2,683,000 after acquiring an additional 500 shares during the last quarter. 92.70% of the stock is owned by hedge funds and other institutional investors.

About Equitable

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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