Welcome to our dedicated page for Equitable Holdings news (Ticker: EQH), a resource for investors and traders seeking the latest updates and insights on Equitable Holdings stock.
Company Overview
Equitable Holdings Inc (EQH) is a diversified financial services firm headquartered in Phoenix, Arizona, with deep roots in the U.S. market. The company specializes in offering a range of financial products including variable annuities, tax-deferred investment and retirement plans, employee benefits, and protection solutions. As a major participant in both individual and group retirement planning, Equitable Holdings integrates complex financial expertise with accessible, client-focused solutions designed to secure financial well-being.
Core Business Segments
The company operates across several key business segments which include:
- Individual Retirement: Tailored investment and retirement strategies designed to help individuals plan for a secure future.
- Group Retirement: Employer-sponsored plans that provide comprehensive retirement solutions to a diverse workforce.
- Asset Management: A globally diversified investment management operation that caters to institutional, retail, and private wealth clients with prudent risk management strategies and a focus on sustainable growth.
- Protection Solutions: Financial products aimed at providing personal and family risk protection, including life insurance and related benefits.
- Wealth Management and Legacy: Services focused on preserving and growing wealth across generations, emphasizing personalized planning and strategic asset allocation.
Business Model and Revenue Generation
Equitable Holdings Inc generates its revenue through a multifaceted business model that combines fee-based services, asset management fees, and premium contributions from its protection solutions. The asset management segment, in particular, stands out as a cornerstone of its revenue strategy. By offering diversified investment strategies through various client channels, the company is able to leverage its expertise in managing complex portfolios while maintaining a broad market reach.
This revenue model is supported by a consistent focus on providing valuable risk management products and investment vehicles that appeal to a wide array of clients, from individual savers to large institutional investors. The company employs a direct sales approach as well as partnership channels to reach its market, further diversifying its income streams and reinforcing its position in the financial industry.
Market Position and Industry Significance
In the competitive arena of financial services, Equitable Holdings Inc has carved out a niche by addressing the evolving needs of customers seeking both investment growth and risk protection. Leveraging decades of expertise since its founding, the firm has established a robust framework for delivering retirement planning solutions along with sophisticated asset management capabilities. Its product portfolio is enhanced by strategic client segmentation, catering effectively to the needs of institutional investors as well as retail and private wealth segments.
The company utilizes industry-specific strategies such as diversified portfolio management and tailored risk assessment methodologies, which are critical in maintaining stability across various market conditions. This integrated approach not only solidifies its competitive standing but also contributes to the development of a resilient financial ecosystem centered on customer trust and long-term planning.
Expertise and E-E-A-T Principles
Equitable Holdings Inc exemplifies expertise within the financial services sector through detailed market analysis and the development of sophisticated investment strategies. Professionals at the firm employ a rich blend of experience and analytical acumen to manage complex portfolios, ensuring that customers are provided with solutions that address both current needs and long-established financial goals.
Key elements that demonstrate the company's authoritativeness include its deep understanding of market dynamics, commitment to responsible investment practices, and consistent execution of multifaceted financial strategies. The business operates under a framework that emphasizes trustworthiness, a pillar reinforced by transparent client communications, a long history of financial stewardship, and comprehensive risk management strategies.
Operational Excellence and Client Focus
At the core of Equitable Holdings Inc is a commitment to operational excellence. The company adopts innovative approaches to designing products that simplify the complexities of financial planning. This client-centered approach is evident in their development of customizable solutions that address the varying needs of both individual and group clientele.
The firm's operations are structured to balance growth with stability. It consistently refines its processes and product offerings based on shifting market trends and the evolving demands of its diverse customer base. With robust internal controls and professional advisory teams, Equitable Holdings ensures that every product and service is aligned with industry best practices and regulatory standards.
Competitive Landscape
Within the expansive field of financial services, Equitable Holdings faces a landscape populated by many other firms that offer similar services. However, its comprehensive suite of financial products, spanning from retirement plans to risk protection measures, sets it apart. Rather than focusing narrowly on a single market segment, the company’s integration of asset management with both individual and group-focused offerings positions it as a multi-dimensional service provider.
Critical competitive differentiators include its deep industry expertise, a history of adapting to market changes, and a strong commitment to customer-centric product development. These factors enable Equitable Holdings to maintain a robust competitive stance and foster enduring client relationships, which are foundational to its operational model.
Risk Management and Diversified Strategies
One of the major pillars of Equitable Holdings Inc is its approach to risk management. In a sector where market fluctuations are inevitable, the company employs a diversified strategy to mitigate risk while pursuing sustainable returns. This involves the continuous evaluation of market trends and a dynamic portfolio management process that adjusts to both macroeconomic and microeconomic shifts.
Furthermore, its protection solutions underscore the importance of safeguarding customer assets and ensuring financial security. Through these initiatives, the company illustrates its commitment to not only generating returns but also managing potential risks in an ever-changing financial landscape.
Investor Insights and Common Queries
For investors and market analysts, Equitable Holdings Inc represents an intriguing case study in balancing diversified revenue streams with a client-focused ethos. The firm’s multi-channel approach to asset management and retirement planning serves as a model of operational resilience in the financial services sector. Each segment, from group retirement offerings to more personalized wealth management solutions, is structured to address distinct market needs without compromising overall stability.
Investors often inquire about the comparative advantages of Equitable Holdings versus other industry participants. The company's disciplined approach to risk management, combined with its expertise in navigating diverse financial products, provides a distinct blueprint for achieving consistent performance while mitigating potential downsides.
Conclusion
In summary, Equitable Holdings Inc offers a comprehensive, well-integrated suite of financial services that span retirement planning, asset management, protection solutions, and wealth management. Its diverse business model is underpinned by precise risk management strategies, a clear operational focus on client needs, and a rich legacy of industry expertise. These attributes collectively contribute to its enduring significance within the financial services landscape, making it a compelling subject for thorough analysis and understanding by industry professionals and investors alike.
Equitable Holdings (NYSE: EQH) has announced its latest dividend declarations. The company's Board of Directors has declared a quarterly cash dividend of $0.24 per share of common stock, payable March 12, 2025, to shareholders of record as of March 5, 2025.
Additionally, the company declared dividends on its preferred stock series:
- Series A 5.25% Non-Cumulative Perpetual Preferred Stock: $328.125 per share ($0.328125 per depositary share), payable March 17, 2025
- Series C 4.30% Non-Cumulative Perpetual Preferred Stock: $268.750 per share ($0.26875 per depositary share), payable March 17, 2025
Equitable Holdings (NYSE: EQH) reported strong financial results for 2024, with full-year net income of $1.3 billion ($3.78 per share) and Q4 net income of $899 million ($2.76 per share). The company achieved record net inflows across segments: $7.1 billion in Retirement, $4.0 billion in Wealth Management, and $4.3 billion in active Asset Management.
Non-GAAP operating earnings reached $2.0 billion ($5.93 per share) for the full year and $522 million ($1.57 per share) for Q4 2024. Total Assets Under Management/Administration increased 10% year-over-year to $1.0 trillion. The company generated $1.5 billion in cash during 2024 and returned $1.3 billion to shareholders, maintaining a 66% payout ratio within their 60-70% target range.
Looking ahead to 2025, Equitable Holdings projects cash generation to increase to $1.6-1.7 billion and expects Non-GAAP operating EPS growth to align with their 12-15% target.
Equitable, a major financial services firm under Equitable Holdings (NYSE: EQH), has launched Equitable Retirement Access, a new 401(k) pooled employer plan (PEP) targeting small and medium-sized businesses. This initiative addresses a critical gap in retirement planning, as over 40% of small businesses currently don't offer retirement plans due to costs and administrative burdens.
The PEP solution, enabled by the SECURE Act of 2019, allows unrelated businesses to pool retirement funds into a single plan managed by a third party, reducing administrative tasks and fiduciary risk. The offering is available through the Equitable Retirement Vision platform, with PlanConnect serving as recordkeeper and several specialized partners handling various administrative and fiduciary responsibilities.
According to an Equitable-commissioned survey, approximately 80% of Americans believe all employers should provide retirement plans, with over 80% stating they would decline job opportunities without such benefits. The company's Group Retirement business currently serves more than 1.2 million clients with various retirement solutions including 401(k), 403(b), and 457(b) plans.
Equitable Holdings (NYSE: EQH) has appointed Douglas Dachille as an independent member of its Board of Directors, effective immediately. Dachille brings three decades of expertise in insurance, banking, and asset management industries. He previously served as Chief Investment Officer of AIG from 2015 to 2021, managing a $350 billion portfolio and playing a important role in the company's post-financial crisis recovery.
Prior to AIG, Dachille co-founded and led First Principles Capital Management, served as President and COO of Zurich Capital Markets, and held leadership positions at JPMorgan Chase, including Global Head of Proprietary Trading and Co-Treasurer. He currently serves on the BridgeBio Pharma Board of Directors and holds an MBA from the University of Chicago.
Equitable Holdings (NYSE: EQH) has announced it will release its full year and fourth quarter 2024 financial results after market close on Wednesday, February 5, 2025. The company will host a conference call webcast to discuss these results on Thursday, February 6, 2025, at 10:00 a.m. ET.
The conference call webcast and additional earnings materials will be available on the company's investor relations website at ir.equitableholdings.com. Interested participants must register in advance to receive dial-in details and a unique conference call code. Registration is recommended at least 10 minutes before the call starts to ensure full participation.
Equitable Holdings (NYSE: EQH) has announced its quarterly dividend payments. The company declared a quarterly cash dividend of $0.24 per share of common stock, payable December 3, 2024, to shareholders of record as of November 26, 2024. Additionally, the board declared dividends for three preferred stock series: Series A at $328.125 per share ($0.328125 per depositary share), Series B at $618.750 per share ($24.75 per depositary share), and Series C at $268.750 per share ($0.26875 per depositary share), all payable December 16, 2024, to holders of record as of December 4, 2024.
Equitable Holdings (NYSE: EQH) reported Q3 2024 results with mixed performance. The company achieved record assets under management and administration of $1.0 trillion, up 20% year-over-year, driven by strong organic growth with net inflows across segments: $1.7B in Retirement, $1.9B in Wealth Management, and $1.1B in Asset Management. However, the company recorded a net loss of $134 million, or $(0.47) per share. Non-GAAP operating earnings were $501 million ($1.53 per share), or $521 million ($1.59 per share) excluding notable items. The company returned $330 million to shareholders and expects 2024 cash generation at the high end of its $1.4-1.5 billion guidance.
Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH), has opened applications for its 2025 Equitable Excellence Scholarship®. The program will award 100 high school seniors $5,000 per academic year for four years, totaling $20,000 per recipient. Applications are being accepted online through December 18, 2024.
The scholarship goes beyond financial support, offering resources like mental wellness skills, resume building, career exploration workshops, and mentorship programs. Last year, 100% of scholarships went to students with financial need, with 63% going to first-generation college students. The program achieved a 98% matriculation rate over the last two years.
Equitable is collaborating with Common App® for the third year, aiming to increase access and equity in college admissions. The Equitable Excellence Scholarship® is the flagship program of Equitable Foundation, supported by partnerships with Scholarship America, Common App, and the National College Attainment Network.
Equitable's survey of over 1,000 consumers reveals 53% of Americans regret their workplace benefits choices during last year's open enrollment. Top reasons include failing to adjust benefits for lifestyle changes (25%), missing deadlines (20%), and not understanding options (19%). Workers spent an average of 30-60 minutes selecting benefits, compared to two hours daily on social media.
Notably, 24% of workers use social media for benefits education, with higher percentages among Gen Z (43%) and millennials (37%). The survey also found a knowledge gap regarding voluntary benefits, with 60% of Americans struggling to cover unexpected hospital stay costs.
Employers play a important role in benefits education, with 53% of employees relying on employer-provided materials. Additionally, 35% of workers, particularly younger generations, turn to financial professionals for guidance during open enrollment.
Legacy Community Health announces the 14th Annual Frank Billingsley Golf Classic, presented by Equitable and Hawkins Laakso Wealth Management, scheduled for October 21, 2024, at the Golf Club of Houston. The event supports Legacy's School-Based Health Care (SBHC) program, which provided care to 15,860 unique patients in 70,561 appointments during fiscal year 2024. The SBHC program offers on-site pediatric and behavioral health services to students at KIPP Academy, YES Prep, and Galena Park ISD.
The golf classic aims to raise funds to ensure students from predominantly Latino communities have access to healthcare, reducing barriers for families. Last year's event raised a record $381,000. This year's event starts at 8:30 a.m. with a shotgun start and concludes with an awards luncheon at 2 p.m. The registration deadline for teams and sponsorships is October 14, with attendee tickets available until October 17.
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