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

OLD National Bancorp IN cut its stake in First American Financial Corporation (NYSE:FAF) by 37.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,658 shares of the insurance provider’s stock after selling 10,772 shares during the quarter. OLD National Bancorp IN’s holdings in First American Financial were worth $1,065,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of FAF. Naples Global Advisors LLC boosted its stake in shares of First American Financial by 2.4% in the fourth quarter. Naples Global Advisors LLC now owns 7,500 shares of the insurance provider’s stock worth $461,000 after acquiring an additional 175 shares during the last quarter. Inscription Capital LLC raised its stake in First American Financial by 2.4% in the 4th quarter. Inscription Capital LLC now owns 7,639 shares of the insurance provider’s stock valued at $469,000 after purchasing an additional 181 shares during the last quarter. Danske Bank A S lifted its holdings in First American Financial by 28.6% in the 4th quarter. Danske Bank A S now owns 900 shares of the insurance provider’s stock valued at $55,000 after purchasing an additional 200 shares in the last quarter. Quarry LP boosted its stake in First American Financial by 14.0% during the 4th quarter. Quarry LP now owns 1,658 shares of the insurance provider’s stock worth $102,000 after purchasing an additional 203 shares during the last quarter. Finally, Advisors Capital Management LLC boosted its stake in First American Financial by 0.3% during the 4th quarter. Advisors Capital Management LLC now owns 68,189 shares of the insurance provider’s stock worth $4,190,000 after purchasing an additional 211 shares during the last quarter. 89.05% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting First American Financial

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

First American Financial Stock Up 2.5%

NYSE FAF opened at $67.04 on Friday. The business’s fifty day simple moving average is $67.52 and its 200-day simple moving average is $64.86. The firm has a market cap of $6.83 billion, a PE ratio of 10.30, a P/E/G ratio of 0.65 and a beta of 1.24. First American Financial Corporation has a 52 week low of $53.09 and a 52 week high of $71.47.

First American Financial (NYSE:FAF) last announced its quarterly earnings data 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. The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.80 billion. First American Financial had a net margin of 8.73% and a return on equity of 12.58%. First American Financial’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.84 earnings per share. Research analysts expect that First American Financial Corporation will post 6.8 EPS for the current year.

First American Financial Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have recently commented on FAF. Barclays increased their target price on shares of First American Financial from $72.00 to $80.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Wall Street Zen lowered shares of First American Financial from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Zacks Research cut shares of First American Financial from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. 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. Finally, Weiss Ratings raised shares of First American Financial from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, April 22nd. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $83.25.

Insider Activity at First American Financial

In related news, Director Margaret M. Mccarthy sold 6,630 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $70.59, for a total value of $468,011.70. Following the transaction, the director directly owned 24,024 shares in the company, valued at approximately $1,695,854.16. This represents a 21.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Lisa W. Cornehl sold 5,823 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $68.63, for a total value of $399,632.49. Following the completion of the transaction, the senior vice president owned 29,635 shares of the company’s stock, 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. 3.50% of the stock is currently owned by insiders.

First American Financial 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.