Equitable Holdings Inc (NYSE: EQH) is 33.60% higher on its value in year-to-date trading and has touched a low of $25.88 and a high of $46.48 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EQH stock was last observed hovering at around $45.00 in the last trading session, with the day’s loss setting it -0.51%.
Currently trading at $44.49, the stock is -1.13% and 3.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.63 million and changing -1.13% at the moment leaves the stock 13.16% off its SMA200. EQH registered 60.96% gain for a year compared to 6-month gain of 12.83%. The firm has a 50-day simple moving average (SMA 50) of $42.8008 and a 200-day simple moving average (SMA200) of $39.2617.
The stock witnessed a 4.07% loss in the last 1 month and extending the period to 3 months gives it a 19.73%, and is -2.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.25% over the week and 1.79% over the month.
Equitable Holdings Inc (EQH) has around 8500 employees, a market worth around $14.10B and $12.25B in sales. Fwd P/E is 6.16. Profit margin for the company is -3.02%. Distance from 52-week low is 71.94% and -4.28% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.25%).
The EPS is expected to grow by 31.80% this year.
Equitable Holdings Inc (EQH) Top Institutional Holders
728.0 institutions hold shares in Equitable Holdings Inc (EQH), with institutional investors hold 98.22% of the company’s shares. The shares outstanding are 333.88M, and float is at 315.43M with Short Float at 1.51%. Institutions hold 97.76% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 36.36 million shares valued at $1.49 billion. The investor’s holdings represent 11.0114% of the EQH Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 26.33 million shares valued at $1.08 billion to account for 7.9728 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 21.08 million shares representing 6.3827% and valued at over $861.15 million, while CANADA PENSION PLAN INVESTMENT BOARD holds 5.649 of the shares totaling 18.65 million with a market value of $762.16 million.
Equitable Holdings Inc (EQH) Insider Activity
The most recent transaction is an insider sale by Pearson Mark, the company’s President and CEO. SEC filings show that Pearson Mark sold 30,000 shares of the company’s common stock on Oct 15 ’24 at a price of $44.40 per share for a total of $1.33 million. Following the sale, the insider now owns 0.66 million shares.
Still, SEC filings show that on Sep 20 ’24, Equitable Holdings, Inc. () acquired 500,000 shares at an average price of $34.18 for $17.09 million. The insider now directly holds 3,066,838 shares of Equitable Holdings Inc (EQH).
