Fintel reports that on January 10, 2025, Deutsche Bank upgraded their outlook for Equitable Holdings (NYSE:EQH) from Hold to Buy.
Analyst Price Forecast Suggests 12.62% Upside
As of December 23, 2024, the average one-year price target for Equitable Holdings is $55.19/share. The forecasts range from a low of $47.47 to a high of $64.05. The average price target represents an increase of 12.62% from its latest reported closing price of $49.01 / share.
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The projected annual revenue for Equitable Holdings is 15,567MM, an increase of 44.31%. The projected annual non-GAAP EPS is 8.35.
What is the Fund Sentiment?
There are 1,050 funds or institutions reporting positions in Equitable Holdings. This is an increase of 29 owner(s) or 2.84% in the last quarter. Average portfolio weight of all funds dedicated to EQH is 0.30%, an increase of 3.30%. Total shares owned by institutions decreased in the last three months by 2.36% to 340,113K shares. 
The put/call ratio of EQH is 1.77, indicating a bearish outlook.
What are Other Shareholders Doing?
Price T Rowe Associates holds 20,743K shares representing 6.62% ownership of the company. In its prior filing, the firm reported owning 21,076K shares , representing a decrease of 1.61%. The firm decreased its portfolio allocation in EQH by 2.60% over the last quarter.
Canada Pension Plan Investment Board holds 18,952K shares representing 6.05% ownership of the company. In its prior filing, the firm reported owning 18,653K shares , representing an increase of 1.58%. The firm increased its portfolio allocation in EQH by 0.72% over the last quarter.
Pzena Investment Management holds 16,432K shares representing 5.24% ownership of the company. In its prior filing, the firm reported owning 18,643K shares , representing a decrease of 13.45%. The firm decreased its portfolio allocation in EQH by 17.93% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 10,144K shares representing 3.24% ownership of the company. In its prior filing, the firm reported owning 10,273K shares , representing a decrease of 1.28%. The firm decreased its portfolio allocation in EQH by 4.60% over the last quarter.
NAESX - Vanguard Small-Cap Index Fund Investor Shares holds 8,006K shares representing 2.56% ownership of the company. In its prior filing, the firm reported owning 8,182K shares , representing a decrease of 2.19%. The firm decreased its portfolio allocation in EQH by 8.16% over the last quarter.
Equitable Holdings Background Information
(This description is provided by the company.)
Equitable Holdings, Inc. is a financial services holding company comprised of two complementary and well-established principal franchises, Equitable and AllianceBernstein. Founded in 1859, Equitable provides advice, protection and retirement strategies to individuals, families and small businesses. AllianceBernstein is a global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private wealth clients in major world markets. Equitable Holdings has approximately 12,000 employees and financial professionals, $809 billion in assets under management (as of 12/31/2020) and more than five million client relationships globally.
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