Home BancShares, Inc. $HOMB Shares Sold by Fort Washington Investment Advisors Inc. OH

Key Points

• Fort Washington reduced its Home BancShares stake by 13.7% in the third quarter, selling 147,132 shares and retaining 930,188 shares worth approximately $26.2 million. Institutional investors collectively own 67.31% of the company.
• Home BancShares exceeded third-quarter EPS expectations with adjusted earnings of $0.65 per share versus the $0.64 consensus, while net income rose year over year and revenue increased 3.9%. However, quarterly revenue of $288.4 million missed analysts’ $294.4 million estimate.
• Analyst sentiment remains mixed, with four Buy and five Hold ratings, producing an overall Hold consensus and an average price target of $33.00. Shares recently opened at $28.81, while the company also repurchased shares and paid a $0.23 quarterly dividend.

Fort Washington Investment Advisors Inc. OH lessened its stake in Home BancShares, Inc. (NYSE:HOMB - Free Report) by 13.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 930,188 shares of the financial services provider's stock after selling 147,132 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned about 0.46% of Home BancShares worth $26,213,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Home BancShares during the second quarter worth $735,643,000. Azora Capital LP purchased a new position in shares of Home BancShares in the second quarter valued at $62,027,000. Bank of New York Mellon Corp purchased a new position in shares of Home BancShares in the second quarter valued at $44,068,000. Bank of America Corp DE acquired a new stake in Home BancShares during the 2nd quarter valued at $18,242,000. Finally, Dimensional Fund Advisors LP grew its holdings in Home BancShares by 9.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,720,491 shares of the financial services provider's stock valued at $180,979,000 after purchasing an additional 559,603 shares in the last quarter. Institutional investors and hedge funds own 67.31% of the company's stock.

Key Headlines Impacting Home BancShares

Here are the key news stories impacting Home BancShares this week:

• Positive Sentiment: Record profitability: Home BancShares reported third-quarter net income of $129.5 million, or $0.65 per diluted share, up from $123.6 million a year earlier. Net income increased from $119.3 million in the second quarter, while net interest income after credit-loss expense rose to $242.0 million. Home BancShares Reports Record Third Quarter Net Income
• Positive Sentiment: EPS exceeded expectations: Adjusted earnings of $0.65 per share topped the $0.64 consensus estimate and improved from $0.61 in the prior-year quarter. Revenue increased 3.9% year over year, and lower non-interest expense helped profitability. Home BancShares Q3 Earnings Flash
• Positive Sentiment: Capital returns and balance-sheet metrics were constructive: The company repurchased approximately 1.3 million shares, paid a quarterly dividend of $0.23 per share, and reached a record $22.74 in book value per share. Its 4.53% net interest margin and 2.12% return on average assets also point to solid operating performance. Home BancShares 2026 Q3 Results Presentation
• Neutral Sentiment: Valuation commentary is favorable but opinion-based: One analysis estimates HOMB could be 42% undervalued based on equity returns, potentially supporting investor interest if the company sustains its earnings momentum. Home BancShares May Be Undervalued
• Negative Sentiment: Revenue missed forecasts: Quarterly revenue of $288.4 million fell short of the roughly $294.4 million analyst estimate, which could limit the benefit of the EPS beat and keep investors focused on loan growth and future revenue trends. Home BancShares Misses Q3 Revenue Estimates
• Negative Sentiment: Credit quality bears watching: Home BancShares disclosed net loan charge-offs for the quarter. Without additional context on the amount or trend, the disclosure introduces a potential risk for margins and future earnings. Home BancShares Reports Net Loan Charge-Offs

Analyst Ratings Changes

Several research firms recently issued reports on HOMB. Citigroup reaffirmed a "neutral" rating and set a $32.00 price target (up from $29.00) on shares of Home BancShares in a research note on Tuesday, July 21st. Benchmark assumed coverage on shares of Home BancShares in a research report on Wednesday, June 24th. They issued a "hold" rating for the company. Hovde Group initiated coverage on shares of Home BancShares in a research report on Tuesday, September 8th. They issued an "outperform" rating and a $34.00 price objective for the company. Piper Sandler restated an "overweight" rating and set a $36.00 target price (up from $33.00) on shares of Home BancShares in a research note on Friday, July 17th. Finally, Stephens raised their target price on Home BancShares from $32.00 to $35.00 and gave the company an "overweight" rating in a research note on Friday, July 17th. Four analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $33.00.

Insider Transactions at Home BancShares

In related news, CEO John Tipton sold 12,000 shares of the company's stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $31.59, for a total value of $379,080.00. Following the sale, the chief executive officer directly owned 76,308 shares of the company's stock, valued at $2,410,569.72. This represents a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 6.39% of the stock is owned by corporate insiders.

Home BancShares Stock Performance

Shares of HOMB opened at $28.81 on Friday. The business's 50 day moving average is $29.61 and its two-hundred day moving average is $28.58. Home BancShares, Inc. has a 52-week low of $25.50 and a 52-week high of $31.70. The firm has a market cap of $5.76 billion, a price-to-earnings ratio of 11.81 and a beta of 0.72. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.16.

Home BancShares (NYSE:HOMB - Get Free Report) last released its quarterly earnings results on Wednesday, October 14th. The financial services provider reported $0.65 earnings per share for the quarter, topping analysts' consensus estimates of $0.64 by $0.01. The business had revenue of $288.44 million during the quarter, compared to the consensus estimate of $294.42 million. Home BancShares had a net margin of 32.36% and a return on equity of 11.22%. The business's quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.61 earnings per share. Analysts forecast that Home BancShares, Inc. will post 2.51 EPS for the current fiscal year.

Home BancShares Profile

Home BancShares, Inc is a bank holding company headquartered in Conway, Arkansas. Through its principal banking subsidiary, Centennial Bank, the company provides a range of financial services to individuals, businesses and institutions.

Centennial Bank offers deposit accounts, residential and commercial real estate lending, consumer loans, commercial and industrial financing, treasury management, online and mobile banking, and other traditional banking services. The bank serves customers through a network of financial centers and digital channels.

Home BancShares was established in 1998 and has expanded through a combination of organic growth and acquisitions.

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