First American Financial Corporation $FAF Position Boosted by Fifth Third Bancorp

Fifth Third Bancorp increased its holdings in First American Financial Corporation (NYSE:FAF) by 6,498.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,042 shares of the insurance provider’s stock after purchasing an additional 40,420 shares during the quarter. Fifth Third Bancorp’s holdings in First American Financial were worth $2,474,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of First American Financial by 4,485,375.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,786,263 shares of the insurance provider’s stock worth $355,508,000 after acquiring an additional 5,786,134 shares in the last quarter. Norges Bank acquired a new position in shares of First American Financial in the fourth quarter worth about $75,011,000. Manning & Napier Advisors LLC purchased a new position in shares of First American Financial in the fourth quarter worth approximately $63,693,000. Boston Partners increased its position in shares of First American Financial by 8.9% in the third quarter. Boston Partners now owns 6,133,594 shares of the insurance provider’s stock worth $393,690,000 after acquiring an additional 500,649 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of First American Financial by 88.0% during the fourth quarter. AQR Capital Management LLC now owns 1,037,854 shares of the insurance provider’s stock valued at $63,766,000 after acquiring an additional 485,731 shares during the period. 89.05% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Stephens reaffirmed an “overweight” rating and issued a $84.00 price objective on shares of First American Financial in a research note on Friday, June 12th. Truist Financial increased their price objective on First American Financial from $82.00 to $85.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Wall Street Zen cut First American Financial from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Zacks Research lowered shares of First American Financial from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Finally, Weiss Ratings upgraded shares of First American Financial from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, April 22nd. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $84.20.

Insider Transactions at First American Financial

In related news, Director Margaret M. Mccarthy sold 6,630 shares of the business’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 completion of the sale, the director directly owned 24,024 shares in the company, valued at approximately $1,695,854.16. The trade was a 21.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 value of $399,632.49. Following the sale, the senior vice president directly owned 29,635 shares of the company’s stock, valued at $2,033,850.05. The trade was a 16.42% decrease in their position. The SEC filing for this sale provides additional information. 3.50% of the stock is owned by insiders.

First American Financial Stock Down 0.3%

NYSE FAF opened at $71.54 on Wednesday. The stock has a market capitalization of $7.29 billion, a PE ratio of 10.99, a price-to-earnings-growth ratio of 0.70 and a beta of 1.23. First American Financial Corporation has a 12-month low of $56.20 and a 12-month high of $73.50. The company has a 50 day moving average price of $68.11 and a two-hundred day moving average price of $65.79.

First American Financial (NYSE:FAF) last announced its quarterly earnings results on Wednesday, April 22nd. The insurance provider reported $1.33 EPS for the quarter, topping the consensus estimate of $1.06 by $0.27. The company had revenue of $1.85 billion for 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 business posted $0.84 EPS. As a group, equities analysts anticipate that First American Financial Corporation will post 6.74 EPS for the current year.

First American Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 3.1%. The ex-dividend date was Monday, June 8th. First American Financial’s dividend payout ratio (DPR) is 33.79%.

Trending Headlines about First American Financial

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

• Positive Sentiment: Analysts slightly raised their Q2 2027 earnings estimate, suggesting some improvement in longer-term profitability expectations.
• Neutral Sentiment: First American Financial’s upcoming Q2 earnings report is the next major catalyst investors are watching. What to expect from First American Financial’s (FAF) Q2 earnings
• Negative Sentiment: Zacks Research lowered several earnings estimates for First American Financial, including FY2026, Q3 2026, Q4 2026, FY2027, and FY2028, which may weigh on the stock.

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.