First Financial Bankshares (NASDAQ:FFIN) Stock Gets Price Target Reduction from Cantor Fitzgerald

First Financial Bankshares (NASDAQ:FFIN) had its price target reduced by Cantor Fitzgerald from $35.00 to $34.00 in a report released on Wednesday, Marketbeat.com reports. They currently have a neutral rating on the bank’s stock.

Several other equities analysts have also recently weighed in on FFIN. Weiss Ratings cut shares of First Financial Bankshares from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, September 25th. Benchmark initiated coverage on shares of First Financial Bankshares in a research report on Wednesday, June 24th. They set a “buy” rating and a $39.00 target price for the company. Piper Sandler assumed coverage on shares of First Financial Bankshares in a research report on Thursday, August 27th. They set a “neutral” rating and a $35.00 target price for the company. Finally, Hovde Group started coverage on shares of First Financial Bankshares in a report on Friday, September 11th. They set a “market perform” rating and a $36.00 target price for the company. One analyst has rated the stock with a Strong Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $35.40.

First Financial Bankshares Stock Performance

First Financial Bankshares stock opened at $30.47 on Wednesday. First Financial Bankshares has a one year low of $28.11 and a one year high of $36.52. The stock has a fifty day moving average of $32.89 and a 200 day moving average of $32.97. The stock has a market cap of $4.37 billion, a PE ratio of 15.01 and a beta of 0.82.

First Financial Bankshares (NASDAQ:FFIN) last posted its earnings results on Thursday, October 15th. The bank reported $0.52 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.52. The company had revenue of $174.14 million for the quarter, compared to the consensus estimate of $178.63 million. First Financial Bankshares had a return on equity of 14.91% and a net margin of 33.16%. During the same quarter in the prior year, the company earned $0.36 earnings per share. As a group, sell-side analysts predict that First Financial Bankshares will post 2.04 EPS for the current fiscal year.

First Financial Bankshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Monday, September 14th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Monday, September 14th. First Financial Bankshares’s payout ratio is presently 47.06%.

Insider Buying and Selling

In related news, CAO Ronald David Butler II sold 15,000 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $34.95, for a total value of $524,250.00. Following the completion of the sale, the chief accounting officer directly owned 152,223 shares of the company’s stock, valued at approximately $5,320,193.85. This represents a 8.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael B. Denny bought 3,000 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were purchased at an average price of $34.66 per share, for a total transaction of $103,980.00. Following the purchase, the director owned 6,500 shares in the company, valued at $225,290. This trade represents a 85.71% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 3.80% of the company’s stock.

Hedge Funds Weigh In On First Financial Bankshares

Hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP raised its position in shares of First Financial Bankshares by 1.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,760,965 shares of the bank’s stock valued at $81,309,000 after purchasing an additional 45,052 shares during the period. Principal Financial Group Inc. increased its stake in First Financial Bankshares by 4.4% in the 1st quarter. Principal Financial Group Inc. now owns 297,075 shares of the bank’s stock worth $8,749,000 after buying an additional 12,454 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in First Financial Bankshares by 4.2% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 252,656 shares of the bank’s stock worth $8,742,000 after buying an additional 10,244 shares in the last quarter. Swiss National Bank increased its stake in First Financial Bankshares by 0.4% in the 1st quarter. Swiss National Bank now owns 240,900 shares of the bank’s stock worth $7,095,000 after buying an additional 1,000 shares in the last quarter. Finally, California Public Employees Retirement System raised its holdings in First Financial Bankshares by 0.7% during the first quarter. California Public Employees Retirement System now owns 236,597 shares of the bank’s stock valued at $6,968,000 after acquiring an additional 1,761 shares during the period. 69.78% of the stock is currently owned by institutional investors.

First Financial Bankshares News Summary

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

• Positive Sentiment: First Financial reported third-quarter 2026 net income of $74.31 million, up from $52.27 million a year earlier. Diluted earnings per share rose to $0.52 from $0.36 and increased from $0.50 in the second quarter. First Financial Bankshares Announces Third Quarter 2026 Earnings
• Positive Sentiment: The bank met Wall Street’s consensus EPS estimate, while its 31.03% net margin and 14.00% return on equity indicate continued strong profitability. First Financial Bankshares Meets Q3 Earnings Estimates
• Neutral Sentiment: Key quarterly metrics showed year-over-year earnings growth, but investors are assessing whether the improvement can continue amid the broader banking and interest-rate environment. First Financial Q3 Earnings Key Metrics
• Negative Sentiment: Quarterly revenue was $174.14 million, below analysts’ $178.63 million expectation. Although EPS met estimates, the top-line miss may have disappointed investors and limited the positive reaction to the earnings growth. First Financial Bankshares Quarterly Results
• Negative Sentiment: Cantor Fitzgerald lowered its price target for FFIN to $34.00 and issued a pessimistic forecast. The reduced target likely added selling pressure, particularly after the stock’s recent decline and elevated trading volume. Cantor Fitzgerald Cuts First Financial Bankshares Price Target

First Financial Bankshares Company Profile

First Financial Bankshares, Inc is a Texas-based financial holding company headquartered in Abilene. Through its principal subsidiary, First Financial Bank, the company provides banking and financial services to individuals, businesses, agricultural customers and public-sector organizations.

Its offerings include checking and savings accounts, consumer and commercial loans, mortgage lending, treasury and cash-management services, online and mobile banking, and other deposit products. The company also provides trust, wealth-management and investment-related services through affiliated operations.

First Financial Bankshares traces its history to 1890 and serves communities across Texas through a network of banking locations.