Vanguard Group Inc. Has $117.18 Million Stake in First Advantage Co. $FA

Key Points

• Vanguard increased its stake in First Advantage by 2.8% in Q3, buying 210,187 shares to hold 7,613,968 shares (4.38% of the company) valued at about $117.18 million.
• Institutional investors own 94.91% of the stock, with notable moves including AllianceBernstein boosting its stake 724.5% to 5,256,511 shares and JPMorgan increasing to 3,315,150 shares.
• First Advantage reported $0.30 EPS (beating estimates), revenue up 36.8% year-over-year, set FY2026 guidance of $1.15–$1.25 EPS, and currently carries a consensus Hold rating with an average price target of $17.00.

Vanguard Group Inc. lifted its holdings in shares of First Advantage Co. (NYSE:FA - Free Report) by 2.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,613,968 shares of the company's stock after purchasing an additional 210,187 shares during the quarter. Vanguard Group Inc. owned 4.38% of First Advantage worth $117,179,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Alliancebernstein L.P. increased its stake in First Advantage by 724.5% during the 2nd quarter. Alliancebernstein L.P. now owns 5,256,511 shares of the company's stock worth $87,311,000 after purchasing an additional 4,618,946 shares in the last quarter. Boston Partners increased its position in shares of First Advantage by 19.6% during the second quarter. Boston Partners now owns 2,896,207 shares of the company's stock worth $47,866,000 after acquiring an additional 474,634 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of First Advantage during the second quarter worth $7,107,000. JPMorgan Chase & Co. raised its holdings in shares of First Advantage by 8.4% during the third quarter. JPMorgan Chase & Co. now owns 3,315,150 shares of the company's stock worth $51,020,000 after acquiring an additional 255,641 shares during the period. Finally, Geode Capital Management LLC lifted its position in First Advantage by 16.2% in the 2nd quarter. Geode Capital Management LLC now owns 1,818,904 shares of the company's stock valued at $30,215,000 after acquiring an additional 253,773 shares in the last quarter. Institutional investors own 94.91% of the company's stock.

First Advantage Trading Up 3.3%

First Advantage stock opened at $12.22 on Thursday. The company has a market cap of $2.13 billion, a price-to-earnings ratio of 407.33 and a beta of 1.20. The firm has a 50-day moving average of $12.95 and a 200-day moving average of $14.07. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.85 and a quick ratio of 3.85. First Advantage Co. has a one year low of $8.82 and a one year high of $19.01.

First Advantage (NYSE:FA - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.04. First Advantage had a return on equity of 13.16% and a net margin of 0.65%.During the same period in the prior year, the company earned $0.18 EPS. The company's revenue for the quarter was up 36.8% compared to the same quarter last year. First Advantage has set its FY 2026 guidance at 1.150-1.250 EPS. On average, equities analysts expect that First Advantage Co. will post 0.74 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FA has been the subject of a number of research analyst reports. Barclays reduced their target price on shares of First Advantage from $18.00 to $14.00 and set an "equal weight" rating for the company in a research note on Friday, February 27th. JPMorgan Chase & Co. reduced their price objective on First Advantage from $21.00 to $17.00 and set an "overweight" rating for the company in a research report on Friday, November 7th. Finally, Zacks Research downgraded First Advantage from a "strong-buy" rating to a "hold" rating in a report on Monday, January 5th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $17.00.

First Advantage Profile

First Advantage is a global provider of background screening, identity verification and workforce risk management solutions. The company delivers a comprehensive suite of services that help employers verify candidate credentials, manage regulatory compliance and mitigate risk throughout the employee lifecycle. Its platform is built to integrate with leading human capital management and applicant tracking systems, enabling a seamless and scalable experience for organizations of all sizes.

The company's core offerings include pre-employment and continuous background screening, digital identity verification, drug and health testing, and ongoing employee monitoring.

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