24,700 Shares in First American Financial Corporation $FAF Purchased by Caisse de depot et placement du Quebec

Caisse de depot et placement du Quebec purchased a new stake in shares of First American Financial Corporation (NYSE:FAF - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 24,700 shares of the insurance provider's stock, valued at approximately $1,694,000.

A number of other large investors also recently bought and sold shares of FAF. Jones Financial Companies Lllp boosted its position in First American Financial by 121.3% in the 1st quarter. Jones Financial Companies Lllp now owns 1,483 shares of the insurance provider's stock worth $97,000 after purchasing an additional 813 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of First American Financial by 10.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 293,058 shares of the insurance provider's stock worth $19,233,000 after purchasing an additional 28,666 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of First American Financial by 7.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 414,146 shares of the insurance provider's stock valued at $27,180,000 after purchasing an additional 27,600 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of First American Financial by 182.5% during the 1st quarter. Jane Street Group LLC now owns 67,572 shares of the insurance provider's stock valued at $4,435,000 after purchasing an additional 43,651 shares in the last quarter. Finally, Focus Partners Wealth lifted its stake in shares of First American Financial by 11.3% in the 1st quarter. Focus Partners Wealth now owns 4,282 shares of the insurance provider's stock valued at $281,000 after purchasing an additional 435 shares during the period. 89.05% of the stock is owned by institutional investors and hedge funds.

First American Financial News Roundup

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

• Positive Sentiment: Zacks raised its FY2026 EPS forecast to $7.04 from $7.01, FY2027 EPS to $7.39 from $7.32, and FY2028 EPS to $7.43 from $7.35. The revisions suggest improving expectations for First American Financial’s earnings outlook. MarketBeat First American Financial research report
• Positive Sentiment: Quarterly estimates were also increased: Q3 2026 EPS rose to $1.85 from $1.83, Q4 2026 to $1.78 from $1.77, Q1 2027 to $1.28 from $1.27, Q2 2027 to $2.05 from $2.04, Q3 2027 to $1.98 from $1.95, and Q4 2027 to $2.08 from $2.06. While each adjustment was small, the consistency across periods is a constructive signal. MarketBeat First American Financial earnings estimates
• Positive Sentiment: A Zacks article highlighted FAF as a potential dividend stock, potentially reinforcing its appeal to income-oriented investors. The company’s valuation and shareholder-return profile may provide additional support if dividend sustainability remains attractive. Why First American Financial is a Top Dividend Stock
• Neutral Sentiment: Despite the higher forecasts, Zacks maintained its Hold recommendation. The current-year consensus EPS estimate remains $7.11, above Zacks’ $7.04 forecast, indicating that the upgrades have not yet produced a broadly bullish analyst view.

Insiders Place Their Bets

In other First American Financial news, CAO Steven A. Adams sold 3,253 shares of the business's stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $74.99, for a total transaction of $243,942.47. Following the completion of the sale, the chief accounting officer directly owned 10,234 shares in the company, valued at approximately $767,447.66. The trade was a 24.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.50% of the company's stock.

First American Financial Price Performance

Shares of NYSE:FAF opened at $74.50 on Friday. The business's 50 day moving average price is $72.03 and its 200-day moving average price is $67.95. First American Financial Corporation has a 1 year low of $56.20 and a 1 year high of $79.87. The firm has a market capitalization of $7.61 billion, a price-to-earnings ratio of 10.32, a price-to-earnings-growth ratio of 0.69 and a beta of 1.22.

First American Financial (NYSE:FAF - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The insurance provider reported $2.08 EPS for the quarter, topping the consensus estimate of $1.80 by $0.28. The company had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.03 billion. First American Financial had a net margin of 9.33% and a return on equity of 13.31%. The firm's revenue was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.53 EPS. On average, sell-side analysts expect that First American Financial Corporation will post 7.11 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Stephens reissued an "overweight" rating and set a $84.00 price target on shares of First American Financial in a report on Friday, June 12th. Keefe, Bruyette & Woods lifted their price objective on shares of First American Financial from $84.00 to $86.00 and gave the company an "outperform" rating in a report on Friday, July 24th. Zacks Research downgraded shares of First American Financial from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, June 23rd. Barclays upped their price objective on shares of First American Financial from $80.00 to $83.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 7th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of First American Financial in a research report on Monday, July 20th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $84.60.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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