10,049 First American Financial Corporation $FAF Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA lessened its position in First American Financial Corporation (NYSE:FAF) by 5.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 173,578 shares of the insurance provider’s stock after selling 10,049 shares during the period. Leeward Investments LLC MA owned approximately 0.17% of First American Financial worth $10,543,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Sterling Capital Management LLC lifted its holdings in First American Financial by 123.6% during the third quarter. Sterling Capital Management LLC now owns 39,467 shares of the insurance provider’s stock worth $2,397,000 after acquiring an additional 21,819 shares in the last quarter. Root Financial Partners LLC acquired a new position in First American Financial in the third quarter valued at about $32,000. Obermeyer Wealth Partners bought a new stake in shares of First American Financial in the third quarter worth about $1,144,000. Vest Financial LLC increased its holdings in shares of First American Financial by 36.0% in the third quarter. Vest Financial LLC now owns 111,713 shares of the insurance provider’s stock worth $6,785,000 after acquiring an additional 29,590 shares in the last quarter. Finally, First Citizens Bank & Trust Co. bought a new stake in shares of First American Financial in the third quarter worth about $604,000. 89.05% of the stock is currently owned by institutional investors and hedge funds.

First American Financial Trading Down 0.2%

Shares of NYSE FAF opened at $64.61 on Monday. The firm has a market cap of $6.60 billion, a PE ratio of 9.10, a PEG ratio of 0.61 and a beta of 1.24. First American Financial Corporation has a 1-year low of $56.20 and a 1-year high of $79.87. The company has a fifty day moving average price of $68.44 and a 200 day moving average price of $68.82.

First American Financial (NYSE:FAF) last posted its quarterly earnings data on Wednesday, October 21st. The insurance provider reported $1.78 earnings per share (EPS) 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 the consensus estimate 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 quarter in the previous year, the business posted $1.84 earnings per share. Equities research analysts forecast that First American Financial Corporation will post 6.95 EPS for the current year.

First American Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 5th. Shareholders of record on Monday, September 28th were paid a $0.55 dividend. The ex-dividend date was Monday, September 28th. This represents a $2.20 annualized dividend and a yield of 3.4%. First American Financial’s payout ratio is presently 34.37%.

First American Financial News Summary

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

Wall Street Analysts Forecast Growth

FAF has been the topic of a number of research analyst reports. Truist Financial dropped their price target on First American Financial from $80.00 to $78.00 and set a “buy” rating on the stock in a research report on Friday. Keefe, Bruyette & Woods boosted their price objective on First American Financial from $84.00 to $86.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Barclays lowered their target price on First American Financial from $79.00 to $75.00 and set an “overweight” rating for the company in a research note on Friday. Benchmark assumed coverage on shares of First American Financial in a report on Tuesday, July 21st. They set a “buy” rating and a $85.00 target price on the stock. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of First American Financial in a research note on Friday, October 16th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, First American Financial currently has an average rating of “Moderate Buy” and an average target price of $81.60.

First American Financial Company 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.