Rep. Jefferson Shreve Buys Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB) Shares

Representative Jefferson Shreve (R-Indiana) recently bought shares of Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Home Bancshares, Inc. (Conway, AR) stock on April 7th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
• Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.

Home Bancshares, Inc. (Conway, AR) Trading Down 0.5%

HOMB opened at $28.57 on Monday. The stock has a market cap of $5.64 billion, a price-to-earnings ratio of 14.14 and a beta of 0.79. The stock’s 50 day moving average price is $27.51 and its 200-day moving average price is $28.93. Home Bancshares, Inc. has a one year low of $22.42 and a one year high of $32.91. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.91 and a current ratio of 0.89.

Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB) last released its earnings results on Wednesday, April 16th. The financial services provider reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.02. The firm had revenue of $260.08 million for the quarter, compared to analysts’ expectations of $255.20 million. Home Bancshares, Inc. (Conway, AR) had a return on equity of 10.31% and a net margin of 27.39%. On average, equities analysts forecast that Home Bancshares, Inc. will post 2.19 EPS for the current year.

Home Bancshares, Inc. (Conway, AR) Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 14th will be paid a dividend of $0.20 per share. This is a boost from Home Bancshares, Inc. (Conway, AR)’s previous quarterly dividend of $0.20. The ex-dividend date is Wednesday, May 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.80%. Home Bancshares, Inc. (Conway, AR)’s dividend payout ratio is currently 38.10%.

Insiders Place Their Bets

In other Home Bancshares, Inc. (Conway, AR) news, CAO Jennifer C. Floyd sold 2,500 shares of the company’s stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of $27.45, for a total transaction of $68,625.00. Following the completion of the sale, the chief accounting officer now owns 4,301 shares in the company, valued at $118,062.45. This represents a 36.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 6.30% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

HOMB has been the topic of a number of analyst reports. StockNews.com raised Home Bancshares, Inc. (Conway, AR) from a “sell” rating to a “hold” rating in a research note on Thursday, April 24th. Hovde Group cut their target price on Home Bancshares, Inc. (Conway, AR) from $36.00 to $35.00 and set an “outperform” rating on the stock in a research note on Friday, January 17th. Stephens reaffirmed an “overweight” rating and set a $33.00 target price on shares of Home Bancshares, Inc. (Conway, AR) in a research note on Monday, April 21st. Finally, Royal Bank of Canada lowered their price target on Home Bancshares, Inc. (Conway, AR) from $33.00 to $31.00 and set a “sector perform” rating for the company in a report on Monday, April 21st. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Home Bancshares, Inc. (Conway, AR) currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.40.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Ontario Teachers Pension Plan Board grew its stake in Home Bancshares, Inc. (Conway, AR) by 265.9% in the first quarter. Ontario Teachers Pension Plan Board now owns 26,759 shares of the financial services provider’s stock worth $756,000 after purchasing an additional 19,446 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Home Bancshares, Inc. (Conway, AR) by 3.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,242,307 shares of the financial services provider’s stock worth $63,390,000 after purchasing an additional 75,463 shares in the last quarter. Natixis Advisors LLC grew its stake in Home Bancshares, Inc. (Conway, AR) by 3.4% in the first quarter. Natixis Advisors LLC now owns 143,913 shares of the financial services provider’s stock worth $4,069,000 after purchasing an additional 4,765 shares in the last quarter. Bayforest Capital Ltd grew its stake in Home Bancshares, Inc. (Conway, AR) by 59.4% in the first quarter. Bayforest Capital Ltd now owns 9,995 shares of the financial services provider’s stock worth $283,000 after purchasing an additional 3,726 shares in the last quarter. Finally, Vestcor Inc bought a new position in Home Bancshares, Inc. (Conway, AR) in the first quarter worth approximately $1,436,000. Institutional investors own 67.31% of the company’s stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Home Bancshares, Inc. (Conway, AR) Company Profile

Home Bancshares, Inc (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit.