Equitable Holdings (EQH)

• Market cap: $16.6B
• 1 day: 2.23%
• 5 days: 7.38%
• 1 month: 12.40%
• 3 months: 15.22%
• 6 months: 25.49%
• Year to date: 10.89%
• 1 year: 58.55%
• 5 years: 106.21%
• 10 years: 159.73%
• Sector: Financials
• Industry: Insurance Agents, Brokers & Service

About: Equitable Holdings Inc is a financial services company in the U.S. The company provides variable annuities, tax-deferred investment and retirement plans, employee benefits, and protection solutions for individuals, families, and small businesses. Its business segments include Individual Retirement, Group Retirement, Investment Management and Research, Protection Solutions, Wealth Management, and Legacy. The Individual Retirement segment offers annuity products, the Group Retirement segment provides tax-deferred investment and retirement services, the Investment Management and Research segment consists of diversified investment management, research, and related services, and the Protection Solutions segment focuses on life insurance products.

Employees: 8,500

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

36% more repeat investments, than reductions

Existing positions increased: 205 | Existing positions reduced: 151

28% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 50

11% more funds holding in top 10

Funds holding in top 10: 9 [Q2] → 10 (+1) [Q3]

2% more funds holding

Funds holding: 485 [Q2] → 495 (+10) [Q3]

5.57% less ownership

Funds ownership: 95.26% [Q2] → 89.69% (-5.57%) [Q3]

6% less capital invested

Capital invested by funds: $12.7B [Q2] → $11.9B (-$710M) [Q3]

49% less call options, than puts

Call options by funds: $6.03M | Put options by funds: $11.8M

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $53 0% upside
• Avg. target: $57 7% upside
• High target: $61 15% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

Wells Fargo Elyse Greenspan 69% 1-year accuracy 72 / 105 met price target	0% upside $53	Overweight Maintained	14 Jan 2025
Deutsche Bank Cave Montazeri 75% 1-year accuracy 3 / 4 met price target	10% upside $58	Buy Upgraded	10 Jan 2025
JP Morgan Jimmy Bhullar 57% 1-year accuracy 21 / 37 met price target	0% upside $53	Neutral Maintained	7 Jan 2025
Barclays Alex Scott 56% 1-year accuracy 38 / 68 met price target	15% upside $61	Overweight Maintained	6 Jan 2025
Keefe, Bruyette & Woods Ryan Krueger 94% 1-year accuracy 16 / 17 met price target	10% upside $58	Outperform Upgraded	9 Dec 2024