William James Iv Eckert Sells 947 Shares of Equitable (NYSE:EQH) Stock

Equitable Holdings, Inc. (NYSE:EQH) CAO William James Iv Eckert sold 947 shares of Equitable stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $52.88, for a total value of $50,077.36. Following the sale, the chief accounting officer owned 8,419 shares of the company’s stock, valued at approximately $445,196.72. This represents a 10.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

William James Iv Eckert also recently made the following trade(s):

• On Wednesday, June 10th, William James Iv Eckert sold 6,200 shares of Equitable stock. The stock was sold at an average price of $41.83, for a total value of $259,346.00.
• On Friday, May 15th, William James Iv Eckert sold 7,300 shares of Equitable stock. The shares were sold at an average price of $42.48, for a total transaction of $310,104.00.

Equitable Price Performance

NYSE EQH opened at $51.27 on Wednesday. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 8.75. The stock has a market capitalization of $13.99 billion, a PE ratio of -15.49, a price-to-earnings-growth ratio of 0.52 and a beta of 1.09. Equitable Holdings, Inc. has a 12-month low of $35.19 and a 12-month high of $55.24. The company has a 50 day moving average price of $46.41 and a two-hundred day moving average price of $43.13.

Equitable (NYSE:EQH) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.70 EPS for the quarter, topping the consensus estimate of $1.65 by $0.05. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $3.84 billion. Equitable had a negative net margin of 8.72% and a positive return on equity of 511.35%. Equitable’s quarterly revenue was down 29.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.10 EPS. As a group, equities analysts predict that Equitable Holdings, Inc. will post 7.13 earnings per share for the current fiscal year.

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 given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Monday, August 3rd. Equitable’s dividend payout ratio is presently -36.25%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on EQH. Wolfe Research cut Equitable from an “outperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Zacks Research raised Equitable from a “strong sell” rating to a “hold” rating in a research note on Monday, June 29th. Wells Fargo & Company boosted their target price on Equitable from $57.00 to $60.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. Raymond James Financial set a $58.00 target price on Equitable and gave the stock a “strong-buy” rating in a research report on Thursday, April 16th. Finally, Barclays increased their price target on Equitable from $50.00 to $52.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $61.17.

Equitable News Roundup

Here are the key news stories impacting Equitable this week:

• Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $67 from $62 and maintained an “outperform” rating. The new target implies substantial upside and reinforces favorable sell-side sentiment toward EQH. Benzinga
• Positive Sentiment: Buybacks, capital returns and the Corebridge merger support the longer-term investment case. An analysis cited approximately $1.8 billion in expected 2026 cash generation, at least $4.30 per share in capital returns and buybacks that could reduce the share count by about 8%. The merger is projected to generate roughly $550 million in cost synergies and approximately 10% EPS accretion by 2027. Equitable Holdings: Buybacks And Credit Resilience Make Shares Attractive
• Positive Sentiment: Recent quarterly earnings exceeded expectations. EQH reported $1.70 in earnings per share versus a $1.65 consensus estimate, up from $1.10 a year earlier. However, the earnings beat was accompanied by a sharp revenue decline.
• Neutral Sentiment: Investors are awaiting further detail from the second-quarter earnings discussion. Coverage focused on merger momentum, organic growth, strategic divestitures and analyst questions from the earnings call, all of which may shape expectations for future growth. EQH Q2 Deep Dive
• Negative Sentiment: Multiple insiders sold shares. Director Craig C. Mackay sold 2,200 shares, while directors Bertram Scott and Charles Stonehill sold 1,466 and 7,500 shares, respectively. Chief Accounting Officer William Eckert also sold 947 shares. Recent data shows 34 insider sales and no insider purchases over six months, which may weigh on investor confidence. EQH Insider Trading Activity
• Negative Sentiment: Revenue remains a concern. Quarterly revenue fell 29.8% year over year to $1.66 billion, well below the $3.84 billion analyst estimate, potentially limiting the impact of the earnings beat.

Hedge Funds Weigh In On Equitable

Several large investors have recently added to or reduced their stakes in the company. Allworth Financial LP acquired a new stake in shares of Equitable during the 2nd quarter worth approximately $55,000. Algebris UK Ltd. acquired a new position in shares of Equitable in the second quarter valued at $85,646,000. Tocqueville Asset Management L.P. bought a new position in Equitable in the second quarter worth $22,509,000. Bruni J V & Co. Co. acquired a new stake in Equitable during the second quarter worth $33,652,845,000. Finally, Foster & Motley Inc. acquired a new stake in Equitable during the second quarter worth $5,850,000. Institutional investors and hedge funds own 92.70% of the company’s stock.

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.