First National Bank of Omaha Purchases New Shares in Stewart Information Services Corporation $STC

First National Bank of Omaha acquired a new stake in Stewart Information Services Corporation (NYSE:STC) during the second quarter, HoldingsChannel reports. The fund acquired 8,302 shares of the insurance provider’s stock, valued at approximately $548,000.

Several other large investors have also recently added to or reduced their stakes in STC. Vanguard Group Inc. raised its stake in Stewart Information Services by 4.6% in the 4th quarter. Vanguard Group Inc. now owns 2,044,758 shares of the insurance provider’s stock worth $143,665,000 after purchasing an additional 90,233 shares in the last quarter. Seven Grand Managers LLC acquired a new position in shares of Stewart Information Services during the 4th quarter worth approximately $1,756,000. HighTower Advisors LLC acquired a new position in shares of Stewart Information Services during the 4th quarter worth approximately $1,377,000. Peregrine Capital Management LLC bought a new position in shares of Stewart Information Services during the first quarter worth approximately $3,371,000. Finally, Teacher Retirement System of Texas raised its position in shares of Stewart Information Services by 88.8% in the fourth quarter. Teacher Retirement System of Texas now owns 73,329 shares of the insurance provider’s stock valued at $5,152,000 after buying an additional 34,497 shares in the last quarter. Institutional investors own 96.90% of the company’s stock.

Stewart Information Services Price Performance

STC stock opened at $68.89 on Thursday. The company’s 50-day moving average price is $67.72 and its two-hundred day moving average price is $66.85. The firm has a market cap of $2.10 billion, a P/E ratio of 15.11 and a beta of 0.98. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.39. Stewart Information Services Corporation has a 12 month low of $57.10 and a 12 month high of $78.61.

Stewart Information Services (NYSE:STC) last issued its quarterly earnings results on Wednesday, July 22nd. The insurance provider reported $1.39 earnings per share for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.24). The firm had revenue of $895.80 million for the quarter, compared to the consensus estimate of $838.07 million. Stewart Information Services had a return on equity of 10.02% and a net margin of 4.12%.The business’s revenue was up 24.5% on a year-over-year basis. During the same period last year, the company posted $1.34 EPS. On average, analysts anticipate that Stewart Information Services Corporation will post 5.26 earnings per share for the current fiscal year.

Stewart Information Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 3.0%. The ex-dividend date was Monday, June 15th. Stewart Information Services’s payout ratio is currently 46.05%.

Insider Buying and Selling

In other Stewart Information Services news, Director C Allen Bradley, Jr. bought 1,000 shares of the business’s stock in a transaction on Monday, June 1st. The stock was purchased at an average cost of $63.87 per share, for a total transaction of $63,870.00. Following the completion of the purchase, the director directly owned 25,034 shares of the company’s stock, valued at approximately $1,598,921.58. This trade represents a 4.16% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 2.94% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

STC has been the topic of a number of analyst reports. Wall Street Zen downgraded Stewart Information Services from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Keefe, Bruyette & Woods cut Stewart Information Services from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $77.00 to $71.00 in a report on Monday, July 27th. Weiss Ratings raised Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 5th. Zacks Research downgraded Stewart Information Services from a “hold” rating to a “strong sell” rating in a research report on Monday, July 27th. Finally, Stephens reissued an “overweight” rating and set a $88.00 target price on shares of Stewart Information Services in a report on Monday, May 18th. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $81.50.

Stewart Information Services Profile

Stewart Information Services Corporation (NYSE: STC) is a publicly traded provider of title insurance and real estate transaction services. The company underwrites title insurance policies for residential and commercial properties, offering lenders and property owners protection against title defects and liens. Beyond title insurance, Stewart delivers a range of ancillary services, including closing and escrow administration, property valuation, and risk mitigation solutions designed to streamline the mortgage process and reduce operational complexity for clients.

In addition to core title and settlement services, Stewart offers technology-driven products aimed at enhancing transparency and efficiency in real estate transactions.