Equitable Holdings Inc Stock Price, News & Analysis

Equitable Holdings (NYSE: EQH) has announced the complete redemption of its Series B Depositary Shares, scheduled for September 30, 2025. Each depositary share represents a 1/25th interest in the company's 4.950% Fixed Rate Reset Noncumulative Perpetual Preferred Stock, Series B.

The redemption will be executed at $1,000 per Series B Depositary Share, plus any declared and unpaid dividends from June 15, 2025, to September 30, 2025. The redemption will be processed through The Depository Trust Company (DTC), with Computershare Trust Company, N.A. serving as the redemption agent.

Equitable Holdings (NYSE: EQH) has announced a semi-annual dividend declaration for its Series B 4.95% Non-Cumulative Perpetual Preferred Stock. The company will pay $618.750 per preferred share (equivalent to $24.75 per depositary share), with each depositary share representing a 1/25th interest in a preferred share. The dividend will be distributed on December 15, 2025 to shareholders of record as of December 4, 2025.

Equitable Holdings (NYSE: EQH) has announced the pricing terms for its cash tender offer to purchase its outstanding 4.350% Senior Notes due 2028. The company will pay $1,010.69 per $1,000 principal amount of Notes, which includes an Early Tender Premium of $50.

Of the $752,236,000 in Notes tendered by the Early Tender Deadline, EQH expects to accept $500,000,000 for purchase, resulting in a 66.5% proration factor. The early settlement date is expected to be September 11, 2025. The company will not accept additional tenders after the Early Tender Deadline as the maximum tender amount has been reached.

Equitable Holdings (NYSE: EQH) announced the early results of its cash tender offer for outstanding debt securities. The company increased the Series Cap for Acceptance Priority Level 1 to accept up to $500 million aggregate principal amount of Notes.

A total of $1.07 billion in aggregate principal amount of Notes were validly tendered by the Early Tender Deadline. The company will only accept Notes from Priority Level 1 (4.350% Senior Notes due 2028) with an expected proration factor of 66.5%. Notes from Priority Levels 2 and 3 will not be accepted for purchase.

The early settlement date is expected to be September 11, 2025. Holders of accepted Notes will receive the Total Tender Offer Consideration, including a $50 per $1,000 principal amount Early Tender Premium plus accrued interest.

Equitable Holdings (NYSE: EQH), a leading financial services holding company, announced that CFO Robin M. Raju will participate in a fireside chat at the 2025 KBW Insurance Conference on September 4, 2025 at 9:50 a.m. ET.

The presentation will be available via live audio webcast on the company's investor relations website. A replay will be accessible following the event's conclusion.

Equitable Holdings (NYSE:EQH) has launched a cash tender offer to purchase up to $500 million in aggregate principal amount of its outstanding debt securities. The tender offer targets three series of notes with different acceptance priority levels:

- 4.350% Senior Notes due 2028 (Priority 1, Series Cap: $350M)
- 7.000% Senior Debentures due 2028 (Priority 2, Series Cap: $50M)
- 5.000% Senior Notes due 2048 (Priority 3, No Series Cap)

The early tender deadline is set for September 8, 2025, with holders receiving an Early Tender Premium of $50 per $1,000 principal amount. The offer will expire on September 23, 2025. Goldman Sachs & Co. LLC and Wells Fargo Securities, LLC are serving as Dealer Managers for the tender offer.

Equitable Holdings (NYSE:EQH) reported Q2 2025 results with a net loss of $349 million ($(1.21) per share) and Non-GAAP operating earnings of $352 million ($1.10 per share). Excluding notable items, operating earnings were $447 million ($1.41 per share).

Key highlights include the completion of an Individual Life reinsurance transaction with RGA, generating over $2 billion in value and reducing mortality exposure by 75%. The company reported positive net flows of $1.9 billion in Retirement and $2.0 billion in Wealth Management, while experiencing $4.8 billion in active net outflows in Asset Management. Total Assets Under Management reached $1.1 trillion, an 8% year-over-year increase.

The company returned $318 million to shareholders in Q2 2025 and maintains a strong combined NAIC RBC ratio over 500% following the Life reinsurance transaction. Management expects $1.7 billion in insurance subsidiary dividends to Holdings in H2 2025.

Reinsurance Group of America (NYSE: RGA) has successfully completed a major reinsurance transaction with Equitable Holdings (NYSE: EQH). The deal involves RGA reinsuring $32 billion of diverse life insurance products from Equitable's portfolio.

The strategic transaction is expected to significantly contribute to RGA's adjusted operating EPS and was priced with attractive returns within the company's target range. The partnership expansion covers multiple areas including underwriting, product development, distribution, and investment management.

Equitable Holdings (NYSE: EQH) has successfully completed a significant reinsurance transaction with RGA Reinsurance Company. Under the agreement, RGA will reinsure 75% of Equitable's in-force individual life insurance portfolio on a pro-rata basis.

The strategic transaction generates over $2 billion in value for Equitable Holdings while reducing its exposure to future mortality volatility. This move aligns with the company's strategy to focus on its core businesses in retirement, asset management, and wealth management.

The company will announce its Q2 2025 financial results on August 5, 2025, followed by an investor call on August 6.