Earnest Partners 13F: Cuts FirstCash (FCFS) Stake by $12M

Earnest Partners Trims FirstCash Holdings Stake

Earnest Partners trimmed its holdings in FirstCash Holdings, Inc. FCFS during the period, cutting its stake by 56,509 shares according to its latest Form 13F filing with the SEC. The downward adjustment represents a 2.5% decrease from the previous quarter, bringing the firm's total ownership down to 2,161,933 shares. Based on market prices around the reporting date, the remaining block of stock is valued at about $467.7 million.

Position Details and Prior Shares

Before the sale, the institutional investor held 2,218,442 shares of the credit services provider. The 2.5% reduction marks a modest pullback in a sizable holding that remains worth hundreds of millions of dollars. Because 13F filings look backward at holdings from the close of a specific quarter, the numbers reflect ownership at that point in time and may not match the firm's current portfolio.

FirstCash Stock Performance and Valuation

FirstCash shares recently traded around $216.32, positioning the company well within its 52-week range of $146.08 to $238.93. The stock trades above its 50-day moving average of $214.64 and comfortably higher than its 200-day moving average of $199.90. The company carries a market capitalization of $9.37 billion, a trailing price-to-earnings ratio of 24.6, and a forward P/E ratio of 16.7.

Analysts Set New Price Targets

Wall Street firms maintain an optimistic outlook on the credit services firm, holding a consensus recommendation key of strong_buy alongside a mean price target of $249.25. On October 15, 2026, Canaccord Genuity maintained its Buy rating and raised its price target to $265.00 from $252.00. Earlier in the month, TD Cowen maintained a Buy rating while lifting its target to $242.00, and Stephens & Co. reiterated an Overweight rating with a $250.00 target.

FirstCash Business Overview

FirstCash Holdings, Inc. operates retail pawn stores and provides retail point-of-sale payment solutions across the United States, Latin America, and the United Kingdom. Its storefronts lend money against pledged personal property such as jewelry and electronics while also retailing merchandise acquired through forfeiture and over-the-counter purchases. The company serves cash and credit-constrained consumers through traditional storefronts and e-commerce merchant networks.

What to Watch at FirstCash Holdings, Inc.

Investors tracking FirstCash will look ahead to the company's next earnings report, scheduled for October 22, 2026, for fresh details on revenue growth and segment performance. Future SEC filings will also clarify whether Earnest Partners continues to trim its position or stabilizes its holdings at current levels.