First American Financial Corporation $FAF Stock: Leeward Investments LLC MA Trims Stake

Leeward Investments LLC MA reduced its holdings in shares of First American Financial Corporation (NYSE:FAF) by 5.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 173,578 shares of the insurance provider’s stock after selling 10,049 shares during the quarter. Leeward Investments LLC MA’s holdings in First American Financial were worth $10,543,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. Duncker Streett & Co. Inc. raised its stake in First American Financial by 616.4% in the 1st quarter. Duncker Streett & Co. Inc. now owns 437 shares of the insurance provider’s stock valued at $26,000 after acquiring an additional 376 shares during the period. Elevation Wealth Partners LLC boosted its position in First American Financial by 70.7% during the third quarter. Elevation Wealth Partners LLC now owns 437 shares of the insurance provider’s stock worth $27,000 after purchasing an additional 181 shares during the period. Root Financial Partners LLC bought a new position in First American Financial during the third quarter worth $32,000. Wealth Enhancement Trust Services Inc. boosted its position in First American Financial by 140.0% during the third quarter. Wealth Enhancement Trust Services Inc. now owns 600 shares of the insurance provider’s stock worth $36,000 after purchasing an additional 350 shares during the period. Finally, Global Retirement Partners LLC acquired a new position in shares of First American Financial in the second quarter valued at $55,000. 89.05% of the stock is owned by institutional investors and hedge funds.

First American Financial Price Performance

Shares of NYSE FAF opened at $64.61 on Monday. The stock’s fifty day moving average price is $68.44 and its two-hundred day moving average price is $68.82. First American Financial Corporation has a one year low of $56.20 and a one year high of $79.87. The firm has a market cap of $6.60 billion, a price-to-earnings ratio of 9.10, a P/E/G ratio of 0.61 and a beta of 1.24.

First American Financial (NYSE:FAF) last posted its earnings results on Wednesday, October 21st. The insurance provider reported $1.78 earnings per share for the quarter, missing analysts’ consensus estimates of $1.85 by ($0.07). The firm had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.10 billion. First American Financial had a return on equity of 13.43% and a net margin of 9.05%. During the same period in the prior year, the business posted $1.84 EPS. On average, equities analysts anticipate that First American Financial Corporation will post 6.95 earnings per share for the current fiscal year.

First American Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, October 5th. Investors of record on Monday, September 28th were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend was Monday, September 28th. First American Financial’s dividend payout ratio (DPR) is currently 34.37%.

Key Headlines Impacting First American Financial

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

• Positive Sentiment: Commercial title activity provided an important offset to residential-market headwinds in the third quarter. Management also highlighted adjusted earnings and revenue growth, suggesting that strength in commercial business and other segments is helping cushion the slower housing market. FAF Q3 deep dive: commercial strength offsets residential headwinds, focus shifts to tech rollout
• Positive Sentiment: First American plans to route a majority of its direct revenue through its Endpoint technology platform by the end of 2027. The rollout could improve efficiency and operating leverage over time, although benefits are expected to develop gradually in a “lower for longer” residential environment. First American outlines Endpoint revenue plan
• Neutral Sentiment: Truist Securities lowered its price target to $78 from $80 but maintained a Buy rating. The reduced target signals somewhat more cautious expectations, while the unchanged rating indicates the firm still sees meaningful upside. Truist adjusts First American price target
• Negative Sentiment: Third-quarter adjusted EPS was $1.78, below the $1.85 consensus estimate, while revenue of approximately $2.09 billion was slightly below expectations. Reported profit also declined from the prior-year period, ending a seven-quarter earnings-beat streak and weighing on investor sentiment. First American misses Q3 earnings and revenue estimates
• Negative Sentiment: Dowling & Partners cut its EPS forecasts for 2026, 2027 and 2028 to $6.94, $7.15 and $7.10, respectively, from $7.11, $7.35 and $7.55. The reductions reinforce concerns that subdued residential real-estate activity could limit First American’s earnings recovery. Analyst earnings estimate revisions

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Truist Financial dropped their price objective on shares of First American Financial from $80.00 to $78.00 and set a “buy” rating on the stock in a research report on Friday. Barclays cut their target price on shares of First American Financial from $79.00 to $75.00 and set an “overweight” rating for the company in a research note on Friday. Keefe, Bruyette & Woods lifted their target price on shares of First American Financial from $84.00 to $86.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Benchmark assumed coverage on shares of First American Financial in a research note on Tuesday, July 21st. They issued a “buy” rating and a $85.00 price target on the stock. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of First American Financial in a report on Friday, October 16th. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $81.60.

First American Financial Profile

First American Financial Corporation (NYSE: FAF) is a provider of title insurance, settlement services and financial technology solutions for the real estate and mortgage industries. Through its First American Title operations, the company helps protect property owners, lenders and other parties against title defects and related risks during real estate transactions.

The company’s services include title searches and examination, title insurance policies, escrow and closing services, and transaction coordination.