First Horizon Corporation $FHN Shares Purchased by Stephens Inc. AR

Stephens Inc. AR increased its position in shares of First Horizon Corporation (NYSE:FHN) by 56.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 249,096 shares of the financial services provider’s stock after buying an additional 89,535 shares during the period. Stephens Inc. AR’s holdings in First Horizon were worth $5,632,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FHN. Norges Bank purchased a new stake in shares of First Horizon during the 2nd quarter worth about $131,399,000. William Blair Investment Management LLC purchased a new position in First Horizon during the second quarter worth approximately $79,776,000. Azora Capital LP boosted its position in First Horizon by 1,020.5% during the second quarter. Azora Capital LP now owns 2,610,244 shares of the financial services provider’s stock worth $55,337,000 after purchasing an additional 2,377,300 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in First Horizon by 45.0% in the second quarter. JPMorgan Chase & Co. now owns 6,738,428 shares of the financial services provider’s stock valued at $142,855,000 after purchasing an additional 2,091,865 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in shares of First Horizon by 102.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,709,434 shares of the financial services provider’s stock valued at $33,197,000 after buying an additional 865,109 shares in the last quarter. Hedge funds and other institutional investors own 80.28% of the company’s stock.

First Horizon News Summary

Here are the key news stories impacting First Horizon this week:

• Positive Sentiment: Q4 EPS and revenue beat Street estimates — FHN reported $0.52 EPS vs. $0.46 expected and revenue of $892M vs. ~$864M consensus, which drove upward revision of near‑term sentiment. First Horizon Corp (FHN) Q4 2025 Earnings Call Highlights
• Positive Sentiment: Full‑year results show meaningful improvement — 2025 net income available to common shareholders increased ~29% to $956M (adjusted NIAC +15% to $968M), supporting expectations for stronger earnings power. First Horizon Corporation Reports Full Year 2025 Net Income…
• Positive Sentiment: Loan and deposit growth highlighted — Management emphasized strong loan growth and revenue strength on the call and in post‑earnings materials, a key driver for future net interest income and margin expansion. First Horizon posts strong 2025 earnings and loan growth
• Neutral Sentiment: Management flagged “manageable risks” on the Q4 call — the tone was constructive but cautious, signaling the bank sees exposures under control while monitoring macro trends. First Horizon Q4 Call Flags Profits, Manageable Risks
• Neutral Sentiment: Full earnings package available (slides/transcript) — Analysts can review the call transcript and slide deck for detailed metric trends and quarterly drivers. First Horizon Q4 2025 Earnings Call Transcript
• Negative Sentiment: Q4 operating growth was modest vs. the full‑year jump — Q4 net income rose only ~1% to $257M (EPS $0.52), which could temper expectations for near‑term acceleration even as full‑year results look strong. First Horizon: Q4 Earnings Snapshot

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Baird R W cut shares of First Horizon from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 11th. Evercore ISI reiterated an “in-line” rating and issued a $20.00 target price (down previously from $26.00) on shares of First Horizon in a research report on Thursday, October 16th. Robert W. Baird reissued a “neutral” rating and set a $25.00 target price on shares of First Horizon in a research note on Thursday, December 11th. Jefferies Financial Group set a $25.00 price target on shares of First Horizon and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Finally, UBS Group reaffirmed a “buy” rating and issued a $28.00 price target on shares of First Horizon in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, First Horizon currently has an average rating of “Moderate Buy” and a consensus price target of $26.00.

First Horizon Stock Performance

FHN opened at $24.44 on Friday. First Horizon Corporation has a twelve month low of $15.19 and a twelve month high of $24.91. The firm has a market capitalization of $12.03 billion, a PE ratio of 14.81, a PEG ratio of 0.85 and a beta of 0.61. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.15. The firm’s 50-day moving average price is $23.17 and its 200 day moving average price is $22.42.

First Horizon (NYSE:FHN) last released its quarterly earnings data on Thursday, January 15th. The financial services provider reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. The company had revenue of $892.00 million during the quarter, compared to the consensus estimate of $863.87 million. First Horizon had a net margin of 18.08% and a return on equity of 10.93%. During the same quarter in the prior year, the firm earned $0.43 EPS. As a group, sell-side analysts expect that First Horizon Corporation will post 1.67 EPS for the current fiscal year.

First Horizon Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Friday, December 12th were given a dividend of $0.15 per share. The ex-dividend date was Friday, December 12th. This represents a $0.60 dividend on an annualized basis and a yield of 2.5%. First Horizon’s dividend payout ratio (DPR) is presently 36.36%.

First Horizon announced that its Board of Directors has initiated a share buyback program on Monday, October 27th that permits the company to buyback $1.20 billion in shares. This buyback authorization permits the financial services provider to reacquire up to 11.3% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In other news, EVP David T. Popwell sold 155,149 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $21.31, for a total transaction of $3,306,225.19. Following the transaction, the executive vice president owned 307,432 shares of the company’s stock, valued at approximately $6,551,375.92. The trade was a 33.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Jeff L. Fleming sold 7,619 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $21.74, for a total transaction of $165,637.06. Following the completion of the sale, the chief accounting officer directly owned 128,626 shares of the company’s stock, valued at $2,796,329.24. This represents a 5.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.87% of the company’s stock.

First Horizon Company Profile

First Horizon Corporation, headquartered in Memphis, Tennessee, is a diversified financial services company providing an array of retail, commercial and wealth management solutions. As the largest bank-based financial services firm in Tennessee, First Horizon operates through a network of branches and digital platforms across the Southeastern United States, offering personal and business banking, mortgage origination and servicing, payment solutions and treasury management services.

Tracing its origins to the First National Bank of Memphis established in 1864, First Horizon has grown through strategic acquisitions and organic expansion to serve customers in Tennessee, Texas, North Carolina, South Carolina, Georgia and Florida.