Equitable Holdings Inc Stock Price, News & Analysis

AllianceBernstein L.P. (NYSE: AB) announced that Seth Bernstein, President and CEO, will participate in the Investor Day hosted by Equitable Holdings, Inc. (NYSE: EQH) on May 10, 2023. The event will take place at the New York Stock Exchange and will be available via a live webcast starting at 1:00 PM ET. Interested attendees can register for the webcast through Equitable Holdings' website. As of March 31, 2023, Equitable Holdings owned approximately 61.4% of AllianceBernstein, highlighting a significant economic interest. This event is crucial for investors seeking insights from one of the leading global investment management firms, known for high-quality research and diversified investment services.

Equitable Holdings (NYSE: EQH) will release its Q1 2023 financial results on May 3, 2023, after market closure. A conference call is scheduled for May 4, 2023, at 8:00 a.m. ET to discuss these results. Investors can access the conference call and earnings materials via the company's investor relations website.

Equitable Holdings operates two main franchises: Equitable, focusing on financial advice and retirement strategies, and AllianceBernstein, a global investment management firm. As of December 31, 2022, the company managed approximately $754 billion in assets and maintained over 5 million client relationships worldwide.

Equitable Holdings (NYSE: EQH) has appointed Christy Chandler as the new Head of Service Operations. Reporting to COO Jeffrey J. Hurd, Chandler will lead operations across critical areas like new business processing, client and financial professional support, and contact centers.

With over 20 years of experience in operations and business technology in the life and retirement sectors, Chandler previously served as Senior VP of Global Operations at MetLife. Her role is pivotal for Equitable’s enterprise strategy, focusing on business transformation and client services.

Equitable Holdings, Inc. (NYSE: EQH) will host its inaugural Investor Day on May 10, 2023, at the New York Stock Exchange. The event will feature presentations from the executive management team outlining the Company's strategic priorities and future outlook, starting at 1:00 pm ET. A live webcast will be accessible via the Company's website, with a registration page available for attendees. A replay will also be offered post-event. Equitable Holdings, a financial services holding company with approximately $754 billion in assets under management and over 5 million client relationships, emphasizes its offerings in advice, protection, and retirement strategies.

Equitable Holdings, Inc. (NYSE: EQH) has unveiled new enhancements to its Structured Capital Strategies PLUS® 21 and Structured Capital Strategies® Income variable and registered index-linked annuities (RILAs). Aimed at providing clients with better protection against market volatility, these features include the innovative Loss Limiter, which caps potential losses at 5% or 10%, and the Dual Step Up option, ensuring positive returns in stable or declining markets. The updates also introduce higher buffers of -15% and -20%, enhancing client flexibility and security during economic uncertainty.

Equitable Holdings, Inc. (NYSE: EQH) has declared a quarterly cash dividend of $0.20 per share of common stock, payable on March 6, 2023, to shareholders recorded by February 27, 2023. Additionally, the company will distribute dividends on its preferred stocks: $328.125 per share for Series A and $268.750 per share for Series C, both payable on March 15, 2023, to holders recorded by March 3, 2023. As of December 31, 2022, Equitable manages approximately $754 billion in assets with over 5 million client relationships worldwide.

Equitable Holdings (EQH) reported solid financial results for the year ending December 31, 2022, showcasing a net income of $1.8 billion and Non-GAAP operating earnings of $2.0 billion, or $5.08 per share, reflecting an 8% decline from 2021. The company achieved $10 billion in net inflows across its Core Retirement, Wealth, and Asset Management sectors. A key highlight was meeting a $180 million investment income target a year early. Despite challenges, including a 17% drop in total assets under management (AUM) to $754 billion, the firm maintained a robust RBC ratio of 425% and returned $1.3 billion to shareholders, supporting a strong capital management strategy.

Equitable has launched the Market Stabilizer Option® II (MSO II), an enhanced buffered index offering available for all single life variable universal life (VUL) products. This new product aims to help clients manage current market volatility and maximize wealth while protecting legacies. MSO II offers five options, including various levels of downside protection and tracking the S&P 500® Price Return Index. With this launch, Equitable aims to enhance client offerings amid economic uncertainty, building on its decade of experience in buffered indexed options in life insurance and annuity markets.

Equitable Holdings, Inc. (NYSE: EQH) announces that CFO Robin M. Raju will participate in a fireside chat at the 2023 Credit Suisse Financial Services Forum on February 13, 2023, at 1:50 p.m. ET. Investors can access a live audio webcast via the Equitable Holdings Investor Relations website. It is recommended to log on 15 minutes early to install necessary software. A replay will be available post-event. Equitable Holdings, founded in 1859, manages approximately $716 billion in assets and serves over 5 million clients globally through its franchises, Equitable and AllianceBernstein.