First Horizon's 40.53% Volume Jump to $320M Sends It to 323rd Rank on Institutional Shifts and Strong Q2 Earnings

On September 9, 2025, First Horizon (FHN) traded at a volume of $320 million, marking a 40.53% increase from the previous day and ranking it 323rd in market volume. The stock closed 2.33% higher, driven by recent developments in its financial performance and institutional activity.

Recent institutional transactions highlighted shifting investor sentiment. Phoenix Financial Ltd. added a $29.4 million stake, while LSV Asset Management held $248.8 million in shares. Conversely, Jefferies Financial Group reduced its holdings, and Knights of Columbus Asset Advisors cut its position. These movements suggest a mix of confidence and caution among institutional investors.

The company’s second-quarter results contributed to the upward momentum. FHN reported earnings per share (EPS) that exceeded expectations by $0.04, with analysts noting strong operational performance. A $0.15 quarterly dividend was also declared, reinforcing its commitment to shareholder returns. Additionally, First Horizon announced the outcomes of its 2025 company-run stress test, which likely bolstered investor confidence in its resilience.

Analyst activity further influenced the stock’s trajectory. Citigroup and Bank of America set new price targets of $25 and $27, respectively, while Wall Street Zen upgraded the stock to a “Hold.” These evaluations, combined with recent insider trades—including executives selling shares—reflected a nuanced market view. Meanwhile, options traders increased put option purchases, signaling potential volatility ahead.

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