Inside the research
Equitable Holdings, Inc.
EQH Research profile · latest available data
Price overview
$53.84
▲ +1.23 (+2.3%)
| 52w hi | $54.04 |
|---|---|
| 52w lo | $34.86 |
| Vol | 1.99M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.10
| Short | +0.45 |
|---|---|
| Medium | -0.14 |
| Long | -1.10 |
computed 2026-09-27
Key fundamentals
Equitable Holdings, Inc.
Financial Services · Asset Management
| Market cap | $14.69B |
|---|---|
| Enterprise value | $5.81B |
| Forward P/E | 5.97x |
| EV / EBITDA | 11.91x |
| P / S (ttm) | 1.38x |
| Profit margin | -8.7% |
| Return on equity | -25.1% |
| Revenue growth | -29.8% |
| Debt / equity | 586.10 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | -0.27 | |
| Sector | +0.02 | |
| Technical | +0.21 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through six segments: Individual Retirement, Group Retirement, Asset Management, Protection Solutions, Wealth Management, and Legacy. The Individual Retirement variable annuity products, including structured capital strategies, retirement cornerstone, and investment edge primarily to affluent and high net worth individuals. The Group Retirement provides tax-deferred investment and retirement services or products to plans sponsored by educational entities, municipalities, and not-for-profit entities, as well as small and medium-sized businesses. It offers guaranteed and structured investment option, and personal income benefit variable annuity products and open architecture mutual fund platform. The Asset Management segment offers investment management and related services to various clients through institutions, retail, and private wealth management. The Protection Solutions segment provides life insurance products, such as VUL and COLI insurance, IUL insurance, and term life; and employee benefits business which includes group life, supplemental life, dental, vision, short-term disability, long-term disability, critical illness, accident and hospital indemnity insurance products to small and medium-sized businesses. The Wealth Management segment offers discretionary and non-discretionary investment advisory accounts, financial planning and advice, life insurance, and annuity products. The Legacy segment consists of the capital intensive fixed-rate GMxB business that includes ROP death benefits. The company was formerly known as AXA Equitable Holdings, Inc. and changed its name to Equitable Holdings, Inc. in January 2020. Equitable Holdings, Inc. was founded in 1859 and is based in New York, New York.
Risk Metrics
| Beta vs SPX | 1.37 |
|---|---|
| Corr SPX | 0.63 |
| Annual vol | 34.9% |
| Annual ret | +18.3% |
| Sharpe | 0.53 |
| Max DD | -37.0% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $57.77 |
|---|---|
| High / Low | $63.00 / $51.00 |
| Median | $58.00 |
| Analysts | 13 |
| Strong Buy | 3 | |
|---|---|---|
| Buy | 10 | |
| Hold | 0 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-07 | Mizuho | → Outperform |
| 2026-05-06 | Keefe, Bruyette & Woods | → Outperform |
| 2026-05-05 | Barclays | → Overweight |
| 2026-04-29 | JP Morgan | → Overweight |
| 2026-04-16 | Raymond James | → Strong Buy |
| 2026-04-13 | Mizuho | → Outperform |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-04 | Earnings Release, Reg FD Disclosure… | read |
| 2026-07-30 | Shareholder Vote, Other Material Event… | read |
| 2026-07-28 | Other Material Event | read |
| 2026-07-21 | Other Material Event | read |
| 2026-05-04 | Earnings Release, Reg FD Disclosure… | read |
| 2026-04-16 | Reg FD Disclosure | read |
| 2026-04-08 | Material Agreement, Exhibits | read |
| 2026-03-26 | Material Agreement, Other Material Event… | read |
| 2026-02-04 | Earnings Release, Reg FD Disclosure… | read |
| 2025-11-04 | Earnings Release, Reg FD Disclosure… | read |
| 2025-10-22 | Reg FD Disclosure, Exhibits | read |
| 2025-09-09 | Other Material Event, Exhibits | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 93.1% |
| HHI | 3,321 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $411.96M | 9.39M |
| Fidelity / FMR LLC | $133.46M | 3.04M |
| Capital Research / Capital World | $78.61M | 1.79M |
| Citadel Advisors | $61.91M | 1.41M |
| Renaissance Technologies | $35.98M | 819.90K |
| Millennium Management | $26.82M | 611.23K |
| AQR Capital Management | $14.80M | 337.28K |
| Bridgewater Associates | $11.45M | 261.02K |
| T. Rowe Price Group | $798.04K | 18.19M |
As of 2026-06-30
Dividends
| Yield (TTM) | 1.00% |
|---|---|
| $ / share (TTM) | $0.54 |
| 5y CAGR | +9.7% |
Annual dividend per share
| 2021 | $0.71 |
|---|---|
| 2022 | $0.78 |
| 2023 | $0.86 |
| 2024 | $0.94 |
| 2025 | $1.05 |
| 2026 | $0.27 |
SEC Filings
The Long Run
FY 2018–2025 · 8 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $11.66B | -0.5% | |
| Net income | -$1.38B | -39.3% | |
| Cash from ops | -$208.00M | — |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $53.03 | $53.97 | $52.62 | $53.84 | 1.99M |
| Sep 24 | $52.27 | $52.75 | $51.78 | $52.61 | 2.96M |
| Sep 23 | $52.02 | $53.06 | $52.02 | $52.27 | 2.80M |
| Sep 22 | $54.06 | $54.13 | $52.17 | $52.20 | 3.29M |
| Sep 21 | $54.50 | $54.95 | $53.78 | $53.87 | 2.66M |
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