Equitable stock is trading -19.92% below its average target price of $62.4 after marking a 1.1% during today's morning session. Analysts are giving the Large-Cap Specialty Insurance company an average rating of buy and target prices ranging from $55.0 to $77.0 per share.
The stock has an average amount of shares sold short at 2.0%, and a short ratio of 1.43. The company's insiders own 0.52% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 102.0% of Equitable's shares being owned by this investor type.
Institutions Invested in Equitable
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Vanguard Group Inc | 12% | 35,637,534 | $1,780,807,617 |
| 2024-12-31 | Blackrock Inc. | 10% | 29,728,365 | $1,485,526,435 |
| 2024-12-31 | Price (T.Rowe) Associates Inc | 7% | 21,278,436 | $1,063,283,472 |
| 2024-12-31 | Canada Pension Plan Investment Board | 6% | 19,032,270 | $951,042,555 |
| 2024-12-31 | NORGES BANK | 5% | 14,166,852 | $707,917,611 |
| 2024-12-31 | State Street Corporation | 4% | 13,026,864 | $650,952,409 |
| 2024-12-31 | Wellington Management Group, LLP | 3% | 8,817,020 | $440,586,500 |
| 2024-12-31 | Pzena Investment Management LLC | 3% | 8,191,328 | $409,320,670 |
| 2024-12-31 | Invesco Ltd. | 3% | 8,089,046 | $404,209,638 |
| 2024-12-31 | First Trust Advisors LP | 3% | 7,840,415 | $391,785,547 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Equitable.
