First American Financial Corporation $FAF Shares Sold by OLD National Bancorp IN

OLD National Bancorp IN trimmed its stake in First American Financial Corporation (NYSE:FAF) by 37.9% during the first quarter, Holdings Channel.com reports. The fund owned 17,658 shares of the insurance provider’s stock after selling 10,772 shares during the period. OLD National Bancorp IN’s holdings in First American Financial were worth $1,065,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in FAF. V Square Quantitative Management LLC purchased a new position in shares of First American Financial during the 4th quarter worth approximately $27,000. Global Retirement Partners LLC lifted its stake in First American Financial by 1,107.5% during the fourth quarter. Global Retirement Partners LLC now owns 483 shares of the insurance provider’s stock worth $30,000 after purchasing an additional 443 shares in the last quarter. Danske Bank A S acquired a new position in First American Financial during the third quarter worth $45,000. IFP Advisors Inc boosted its position in shares of First American Financial by 568.8% during the fourth quarter. IFP Advisors Inc now owns 749 shares of the insurance provider’s stock worth $46,000 after buying an additional 637 shares during the period. Finally, SHP Wealth Management purchased a new position in shares of First American Financial during the fourth quarter worth $51,000. 89.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at First American Financial

In other news, Director Margaret M. Mccarthy sold 6,630 shares of the business’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $70.59, for a total transaction of $468,011.70. Following the completion of the transaction, the director directly owned 24,024 shares of the company’s stock, valued at approximately $1,695,854.16. The trade was a 21.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Lisa W. Cornehl sold 5,823 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $68.63, for a total transaction of $399,632.49. Following the sale, the senior vice president owned 29,635 shares in the company, valued at $2,033,850.05. The trade was a 16.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 3.50% of the company’s stock.

Key First American Financial News

Here are the key news stories impacting First American Financial this week:

• Positive Sentiment: Keefe, Bruyette & Woods still rates First American Financial as outperform, even though it lowered its price target to $84 from $87, suggesting analysts still see meaningful upside from current levels. Keefe, Bruyette & Woods price target cut
• Neutral Sentiment: Zacks Research made only small changes to some longer-dated estimates, including a slight increase to Q2 2027 EPS and modest cuts to other future quarters, indicating no major thesis change beyond a more conservative outlook. Zacks Research earnings estimate changes
• Neutral Sentiment: The company’s recent earnings results were solid, with EPS of $1.33 beating estimates and revenue topping expectations, which continues to provide some support for the stock.
• Negative Sentiment: Zacks Research downgraded First American Financial (NYSE: FAF) to hold and reduced earnings estimates across several periods, including FY2026, Q4 2026, FY2027, and FY2028, which is the clearest negative catalyst for the shares. Zacks Research downgrade

Wall Street Analysts Forecast Growth

FAF has been the topic of several research analyst reports. Stephens reiterated an “overweight” rating and issued a $84.00 price objective on shares of First American Financial in a report on Friday, June 12th. Weiss Ratings raised First American Financial from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, April 22nd. Truist Financial boosted their price target on shares of First American Financial from $82.00 to $85.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Zacks Research cut shares of First American Financial from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Finally, Barclays increased their price target on shares of First American Financial from $72.00 to $80.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $83.25.

First American Financial Trading Up 2.5%

First American Financial stock opened at $67.04 on Friday. The firm has a market capitalization of $6.83 billion, a P/E ratio of 10.30, a P/E/G ratio of 0.65 and a beta of 1.24. First American Financial Corporation has a twelve month low of $53.09 and a twelve month high of $71.47. The stock’s fifty day simple moving average is $67.52 and its 200-day simple moving average is $64.86.

First American Financial (NYSE:FAF) last released its earnings results on Wednesday, April 22nd. The insurance provider reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.27. First American Financial had a return on equity of 12.58% and a net margin of 8.73%.The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.80 billion. During the same period last year, the business posted $0.84 earnings per share. First American Financial’s revenue was up 16.2% compared to the same quarter last year. Sell-side analysts predict that First American Financial Corporation will post 6.8 earnings per share for the current year.

First American Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Monday, June 8th. First American Financial’s dividend payout ratio (DPR) is presently 33.79%.

First American Financial Company Profile

First American Financial Corporation is a leading provider of title insurance, settlement services and diversified real estate-related data and analytics. Headquartered in Santa Ana, California, the company serves customers throughout the United States as well as in Canada, Europe, Latin America and Asia. Its business is built on the underwriting capabilities of its title insurance operations combined with comprehensive closing and escrow services for homebuyers, sellers, mortgage lenders and real estate professionals.

The company’s title insurance segment issues policies that protect property owners and mortgage lenders against defects in titles, liens or encumbrances that can arise during real property transactions.