L'intérêt à découvert pour AllianceBernstein Holding donne aux investisseurs une idée du degré auquel les investisseurs parient sur la baisse de l'action de AllianceBernstein Holding. Les données sur l'intérêt à découvert sont mises à jour toutes les deux semaines.

AllianceBernstein Holding (NYSE:AB) Stock, Rapport sur les intérêts à découvert

AllianceBernstein Holding

AllianceBernstein provides investment management services to institutional (41% of assets under management), retail (42%), and private (17%) clients through products that includes mutual funds, hedge funds, and separately managed accounts. At the end of June 2025, the company had $829 billion in managed assets, composed primarily of fixed-income (37% of AUM) and equity (41%) strategies, with other investments (made up of asset allocation services and certain other alternative investments) accounting for the remainder.

Goldman Sachs analyst Alexander Blostein downgrades AllianceBernstein Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) from Buy to Neutral and lowers the price target from $42.25 to $40.

News

Downgrades

Price Target

Analyst Ratings

Goldman Sachs Downgrades AllianceBernstein Holding to Neutral, Lowers Price Target to $40

Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) is trading at $2669, marking a <a href="https://www.benzinga.com/money/how-to-buy-ethereum">steady rise toward the $3000 mark</a>. The second-largest cryptocurrency by market cap has surged over 5% over the past week amid rising institutional interest, with BTCS boosting holdings, RWA tokenization on Ethereum Layer-2s, and a bullish price structure.
Blockchain company, BTCS Inc., has expanded its ETH holdings with a fresh purchase of 3450 ETH amounting to $8.43 million. The company's total Ethereum holdings are over 12,500 ETH, marking a 38% increase.
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CEO Charles Allen stated that Ethereum is central to BTCS's blockchain infrastructure approach. The company is enhancing the base needed to scale validator operations and boost staking income, while delivering sustained value to shareholders.&nbsp;
According to Cointelegraph, Real Vision founder, Raoul Pal, is pushing back at the skepticism surrounding Ethereum's future by calling it the "Microsoft of blockchain." He argued that traditional finance sees Ethereum as the clear base layer for tokenization, noting that firms such as JP Morgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), and Goldman Sachs Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) are highly unlikely to build on Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>).&nbsp;
Analysts from AllianceBernstein Holding L.P. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) echoed the sentiment, crediting Ethereum's price recovery to the growing recognition that traditional finance has already tokenized billions in US Treasuries and commodities.
Arthur Hayes, the co-founder of BitMEX, has doubled down on his forecast that Ethereum could reach its long-term target of $15,000. According to the Bankless Podcast, Arthur said a US $10,000 to US $15,000 price for ETH is far from unrealistic, citing a shift in the market sentiment.
"Everybody thought it was dead, but the most hated coin goes up fastest in the next cycle," he said. Hayes added that Ethereum's comeback is natural after being overshadowed by Solana, while pointing to the Pectra upgrade as a positive catalyst.
Buyers have remained active near the $2440 level, where ETH has formed a base for an upward move. ETH price broke past $2500 and $2520, crossing the 50% Fibonacci retracement of the drop from the $2615 high to the $2442 low.
A breakout above $2720 could push a rally toward $2840 and potentially $2920, or even $3000 in the short term. A failure to breach $2629 could trigger another dip, with the initial support at $2525 and major support at $2500.
With growing institutional backing, expanding layer 2 development, and bullish technicals, Ethereum is positioning itself for not just a break above $3000 but for a sustained rally that could redefine its position.
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Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$ETH

$SOL

Ethereum Hits $2669 Amid Institutional Flows, RWA Tokenization Fueling Bullish Breakout

In the current session, the stock is trading at $41.04, after a 0.54% increase. Over the past month, AllianceBernstein Holding Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) stock increased by 12.80%, and in the past year, by 23.15%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2025/1746194428_0_0.png" alt="Past Year Chart" />

<h3>AllianceBernstein Holding P/E Compared to Competitors</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of the 28.67 in the Capital Markets industry, AllianceBernstein Holding Inc. has a lower P/E ratio of 10.77. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1746194428_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

Markets

Price Over Earnings Overview: AllianceBernstein Holding

Barclays analyst Benjamin Budish maintains AllianceBernstein Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) with a Equal-Weight and raises the price target from $36 to $37.

Barclays Maintains Equal-Weight on AllianceBernstein Holding, Raises Price Target to $37

AllianceBernstein Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) reported quarterly earnings of $0.80 per share which beat the analyst consensus estimate of $0.78 by 2.56 percent. This is a 9.59 percent increase over earnings of $0.73 per share from the same period last year. The company reported quarterly sales of $1.08 billion which beat the analyst consensus estimate of $852.93 million by 26.62 percent. This is a 2.17 percent decrease over sales of $1.10 billion the same period last year.

Earnings

Earnings Beats

AllianceBernstein Holding Q1 Adj. EPS $0.80 Beats $0.78 Estimate, Sales $1.08B Beat $852.93M Estimate

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FARO

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GILD

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Earnings Scheduled For April 24, 2025

Barclays analyst Benjamin Budish maintains AllianceBernstein Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) with a Equal-Weight and raises the price target from $34 to $36.

Barclays Maintains Equal-Weight on AllianceBernstein Holding, Raises Price Target to $36

Evercore ISI Group analyst John Dunn maintains AllianceBernstein Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) with a Outperform and lowers the price target from $41 to $38.

Evercore ISI Group Maintains Outperform on AllianceBernstein Holding, Lowers Price Target to $38

WIIM

AAMI

APAM

BBDC

BCSF

Bakkt Holdings, Inc. Class A Common Stock

BKKT

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BSTZ

CCAP

CGBD

CION

CNCK

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DFIN

DIAX

DOMH

FDUS

Cohen & Steers Closed-End Opportunity Fund

GAIN

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MAIN

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OCCI

PNNT

PSBD

PowerShares Exchange Traded Fund Trust Dynamic Mid Cap Value Portfolio

QQQX

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STEP

TCPC

VALU

VIRT

VRTS

Shares of capital market companies are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

TD Cowen analyst Bill Katz maintains AllianceBernstein Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) with a Hold and lowers the price target from $37.5 to $34.

TD Cowen Maintains Hold on AllianceBernstein Holding, Lowers Price Target to $34

Barclays analyst Benjamin Budish reinstates AllianceBernstein Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) with a Equal-Weight and announces $34 price target.

Initiation

Barclays Reinstates Equal-Weight on AllianceBernstein Holding, Announces $34 Price Target

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Ladenburg Thalmann analyst Christopher Nolan downgraded the rating for Sachem Capital Corp. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SACH#AMEX">SACH</a>) from Buy to Neutral. Sachem Cap shares closed at $1.11 on Wednesday. <a href="https://www.benzinga.com/quote/SACH/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup analyst Steven Zaccone downgraded the rating for Best Buy Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) from Buy to Neutral and lowered the price target from $93 to $70. Best Buy shares closed at $75.73 on Wednesday. <a href="https://www.benzinga.com/quote/BBY/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities analyst Craig Siegenthaler downgraded AllianceBernstein Holding L.P. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) from Buy to Neutral and cut the price target from $42 to $38. AllianceBernstein shares closed at $39.01 on Wednesday. <a href="https://www.benzinga.com/quote/AB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup analyst Steven Zaccone downgraded the rating for RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>) from Buy to Neutral and slashed the price target from $437 to $200. RH shares closed at $249.35 on Wednesday. <a href="https://www.benzinga.com/quote/RH/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying BBY stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="599" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/03084343/image-36-1024x599.png" alt="" class="wp-image-855360" style="width:559px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/03084343/image-36-1024x599.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/03084343/image-36-300x175.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/03084343/image-36-768x449.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/03084343/image-36.png 1086w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Pre-Market Outlook

Trading Ideas

SACH

This Best Buy Analyst Is No Longer Bullish; Here Are Top 4 Downgrades For Thursday

B of A Securities analyst Craig Siegenthaler downgrades AllianceBernstein Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) from Buy to Neutral and lowers the price target from $42 to $38.

B of A Securities Downgrades AllianceBernstein Holding to Neutral, Lowers Price Target to $38

Health Care

General

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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the financial sector.
<h3 class="wp-block-heading">Ellington Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFC#NYSE">EFC</a>)</h3>
<ul>
<li>Dividend Yield: 11.62%</li>
<li>Keefe, Bruyette &amp; Woods analyst Bose George maintained an Outperform rating and increased the price target from $13.75 to $14.5 on March 3, 2025. This analyst has an accuracy rate of 72%.</li>
<li>JMP Securities analyst Aaron Hecht reiterated a Market Outperform rating with a price target of $14 on Jan. 23, 2025. This analyst has an accuracy rate of 60%.</li>
<li>Recent News: On Feb. 27, Ellington Financial posted upbeat quarterly earnings.</li>
<li>Benzinga Pro&#8217;s real-time newsfeed alerted to latest <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">EFC news</a>. </li>
</ul>
<figure class="wp-block-image is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1"><img decoding="async" src="blob:https://editorial.benzinga.com/0d7a4bbe-568a-425e-9de9-24d4a367e5c1" alt="" style="width:521px;height:auto" /></a></figure>
<h3 class="wp-block-heading">AllianceBernstein Holding L.P. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>)</h3>
<ul>
<li>Dividend Yield: 8.55%</li>
<li>Barclays analyst Benjamin Budish maintained an Equal-Weight rating and cut the price target from $39 to $36 on Dec. 9, 2024. This analyst has an accuracy rate of 78%.</li>
<li>TD Cowen analyst Bill Katz maintained a Buy rating and increased the price target from $41 to $42 on Nov. 25, 2024. This analyst has an accuracy rate of 66%.</li>
<li>Recent News: On March 11, Equitable Holdings announced a cash tender offer for up to 46 million units of AllianceBernstein at $38.50 per unit.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">latest AB news</a> </li>
</ul>
<h3 class="wp-block-heading">Capital Southwest Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSWC#NASDAQ">CSWC</a>)</h3>
<ul>
<li>Dividend Yield: 11.43%</li>
<li>B. Riley Securities analyst Bryce Rowe maintained a Neutral rating and raised the price target from $24 to $24.5 on Oct. 30, 2024. This analyst has an accuracy rate of 62%.</li>
<li>JMP Securities analyst Brian McKenna downgraded the stock from Market Outperform to Market Perform on May 15, 2024. This analyst has an accuracy rate of 66%.</li>
<li>Recent News: On Feb. 18, Capital Southwest named CFO Michael Sarner to succeed Bowen Diehl as President and CEO.</li>
<li>Benzinga Pro&#8217;s real-time newsfeed alerted to latest <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">CSWC news</a> </li>
</ul>

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</ul>

Dividends

Wall Street's Most Accurate Analysts Give Their Take On 3 Financial Stocks Delivering High-Dividend Yields

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer said Arthur J. Gallagher &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) is just a &#8220;solid&#8221; company. &#8220;Sometimes stocks are just kind of just quietly going up, and that's <a href="https://www.benzinga.com/quote/AJG">one of them,&#8221; he added.</a>
As per the recent news, Arthur J. Gallagher, on Monday, announced it has acquired the remaining shares of Philippines-based Philpacific Insurance Brokers &amp; Managers, Inc., or Philinsure.
&#8220;I'm not going to repeat my bullishness on it. Would be a mistake,&#8221; Cramer said when asked about Nu Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>).
As per the recent earnings report, Nu, on Feb. 20, said it added 4.5 million customers in the fourth quarter, bringing total global customers up to 114.2 million as of Dec. 31, up 22% year-over-year.
Waste Management, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WM#NYSE">WM</a>) is &#8220;fantastic,&#8221; the Mad Money host said.
Supporting his view, CIBC, on March 5, raised the price target on the stock from $227 to $247.
When asked about fuboTV Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUBO#NYSE">FUBO</a>), he said, &#8220;I'm going to have to say ix-nay.&#8221;
On Feb. 28, FuboTV reported earnings for the fourth quarter of 2024. Revenue of the sports-first live TV streaming platform grew 8.1% year over year to $443.277 million, marginally missing the analyst consensus estimate of $445.798 million.
AllianceBernstein Holding L.P. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) is just a &#8220;great&#8221; company, Cramer said, &#8220;All systems go there.&#8221;
On Feb. 24, Equitable Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQH#NYSE">EQH</a>) announced a cash tender offer for up to 46 million units of AllianceBernstein at $38.50 per unit.
Occidental Petroleum Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) has &#8220;got a lot of debt, and it's just not that great,&#8221; Cramer said, &#8220;Get a better oil.&#8221;
Supporting his view, Raymond James analyst John Freeman, on Monday, downgraded Occidental Petroleum from Strong Buy to Outperform and lowered the price target from $81 to $64.
Cramer said he needs to do some work on Western Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>).
Cantor Fitzgerald analyst Matthew Prisco, on March 7, maintained Western Digital with an Overweight rating and lowered the price target from $95 to $65.
When asked about Applied Materials, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>), he said, &#8220;I've got to tell you, capital equipment is so tied up with China that I can't just get behind it anymore, even though I love these companies.&#8221;
On Monday, Applied Materials announced that its board of directors had approved a 15% increase in the quarterly cash dividend, marking eight consecutive years of higher dividends. The Board also approved a new share repurchase to buy back an additional $10 billion of its shares over time.
Price Action:
<ul>
<li>Arthur J. Gallagher shares fell 0.2% to settle at $325.08 on Wednesday.</li>
<li>Nu Holdings shares gained 2.7% to close at $10.89 during the session.</li>
<li>Waste Management shares fell 0.6% to settle at $222.86.</li>
<li>Applied Materials shares gained 1.4% to close at $149.06.</li>
<li>Fubotv shares gained 0.3% to close at $3.10 on Wednesday.</li>
<li>AllianceBernstein shares settled at $36.87.</li>
<li>Occidental Petroleum shares fell 0.4% to close at $46.10.</li>
<li>Western Digital shares rose 2.8% to close at $42.96 on Wednesday.</li>
</ul>
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</ul>
Image: Shutterstock

Media

AMAT

FUBO

Jim Cramer: Arthur J. Gallagher Is 'Solid,' This Industrial Company Is 'Fantastic'

Equitable Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQH#NYSE">EQH</a>) shares are trading higher by 4.1% to $53.49 during Monday&#8217;s session after the company announced a <a href="https://www.benzinga.com/pressreleases/25/02/b43907646/equitable-holdings-announces-cash-tender-offer-for-up-to-46-000-000-units-of-alliancebernstein-hol">cash tender offer</a> for up to 46 million units of AllianceBernstein Holding LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) at $38.50 per unit.
What To Know: Equitable Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQH#NYSE">EQH</a>) has launched a cash tender offer to acquire up to 46 million units of AllianceBernstein Holding L.P. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) at $38.50 per unit, representing a 7.8% premium over AB's closing price on February 21, 2025.
Read Also: <a href="https://www.benzinga.com/news/asset-sales/25/02/43909136/equitable-inks-reinsurance-deal-with-rga-and-plans-to-boost-stake-in-alliancebernstein-details">Equitable Inks Reinsurance Deal With RGA And Plans To Boost Stake In AllianceBernstein</a>
The offer, totaling approximately $1.8 billion, seeks to increase Equitable's economic interest in AllianceBernstein from 61.9% to 77.5%.
What Else: Equitable, which currently holds no outstanding AB Holding units, aims to strengthen its position in AB, providing unitholders with an opportunity to liquidate their investments at a premium. If more than 46 million units are tendered, Equitable will purchase them on a pro-rata basis. Any units not accepted will be returned to investors. 
The offer is set to expire on March 24, 2025, at 5 pm ET, unless extended. Any extension will be announced by 9 am ET the following business day.
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According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, EQH has a 52-week high of $56.00 and a 52-week low of $32.96.

Why Equitable Holdings (EQH) Shares Are Trading Higher

AllianceBernstein Holding shares are trading higher after Equitable Holdings launched a $1.8 billion tender offer for a 4.7% stake in the company.

Global life and health reinsurance entity Reinsurance Group of America, Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGA#NYSE">RGA</a>) shares are <a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">trading higher in premarket</a> on Monday.
The company has reached an agreement with Equitable Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQH#NYSE">EQH</a>) to reinsure a wide <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/b43907362/rga-announces-reinsurance-transaction-with-equitable-holdings" rel="noreferrer noopener">range of life insurance products</a>.
Under the terms of the deal, RGA is reinsuring&nbsp;75%&nbsp;of Equitable&#8217;s in-force life insurance liabilities. The block includes approximately&nbsp;$18 billion&nbsp;of general account reserves and&nbsp;$14 billion&nbsp;of separate account reserves.
This deal is set up to allow RGA to invest $1.5 billion in capital at the closing. It is expected to generate returns within RGA&#8217;s projected range, while also providing a notable increase in the company&#8217;s adjusted operating earnings per share.
Furthermore, the agreement expands RGA&#8217;s partnership with Equitable across various sectors, including underwriting, product creation, distribution, and investment management.
&#8220;This partnership is an example of our capacity to provide creative solutions and technical expertise that support both sides of the balance sheet, and it is a prime example of how the execution of our Creation Re strategy can address our clients&#8217; current and future needs,&#8221; said Executive Vice President, Head of the Americas, RGA, Ron Herrmann.
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The deal is expected to contribute around $70 million to adjusted operating income before taxes in 2025. This amount is anticipated to increase to between $160 million and $170 million in 2026, eventually stabilizing at around $200 million each year thereafter.
&#8220;Our strong financial position enables us to capitalize on this opportunity with Equitable, and the transaction is expected to meaningfully contribute to RGA&#8217;s earnings per share, with anticipated attractive returns on capital,&#8221; said Executive Vice President, Chief Financial Officer, RGA, Axel André.
RGA intends to fund the transaction with surplus capital and, if necessary, proceeds from debt financing, contingent on market conditions. The transaction is set to close in mid-2025, pending regulatory approval and other customary closing conditions.
The deal is expected to create more than $2 billion in value for Equitable Holdings, encompassing a favorable ceding <a target="_blank" href="https://www.benzinga.com//node/43907593" rel="noreferrer noopener">commission and the release of capital.</a>
Also, Equitable plans to execute $500 million of incremental share repurchases, above the company&#8217;s 60-70% payout ratio target, following the close of the transaction.
Additionally, Equitable announced its intention to <a target="_blank" href="https://www.benzinga.com//node/43907646" rel="noreferrer noopener">increase its ownership stake in AB</a> through a tender offer to purchase up to $1.8 billion of units of AllianceBernstein Holding L.P. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>)
Price Action: RGA shares are trading higher by 3.55% at $196.11 in premarket at the last check Monday.
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Equitable Inks Reinsurance Deal With RGA And Plans To Boost Stake In AllianceBernstein: Details

Equitable Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQH#NYSE">EQH</a>), the leading financial services holding company of Equitable, AllianceBernstein and Equitable Advisors, today announced that it has commenced a cash tender offer to purchase up to 46,000,000 units ("Units") representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) ("AB Holding"), at a price of $38.50 per Unit, net to the seller in cash, for an aggregate purchase price of up to approximately $1.8 billion, less any applicable tax withholding (the "Offer"), representing a 7.8% premium over AB Holding's closing price per Unit on the New York Stock Exchange on February 21, 2025. The number of Units proposed to be purchased in the Offer represents approximately 41.7% of AB Holding's currently outstanding Units. The Offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase and the related Letter of Transmittal, each dated February 24, 2025.

Equitable Holdings Launches $1.8B Tender Offer for 41.7% Stake in AllianceBernstein, Offers $38.50 Per Unit in Cash, a 7.8% Premium

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