First Horizon Shares Climb 1.29% on 414th-Ranked $260M Volume as Institutional Investors Triple Holdings, Mixed Analyst Outlook

On September 4, 2025, First Horizon (FHN) rose 1.29% to a closing price of $22.59, with a trading volume of $260 million, ranking 414th in daily market activity. The stock has a 52-week range of $14.82 to $23.00 and a forward P/E ratio of 14.57.

Institutional investors significantly increased their stakes in FHN during Q1 2025. Maverick Capital Ltd. boosted holdings by 117.7%, acquiring 19,191 additional shares, while Cary Street Partners Financial LLC and SG Americas Securities LLC added 713.3% and 286.9% respectively. These moves elevated institutional ownership to 80.28% of the company’s shares.

Insider transactions included COO Tammy Locascio selling 10,285 shares and EVP David Popwell offloading 100,000 shares, reducing their direct ownership by 2.92% and 17.78% respectively. Total insider sales in the past 90 days amounted to 148,295 shares valued at $3.32 million.

Analyst sentiment remains mixed. Bank of America raised its price target to $27.00 with a "buy" rating, while Wall Street Zen downgraded to "sell." The stock holds a "Moderate Buy" consensus rating, with a mean target price of $23.34. Recent earnings beat estimates, reporting $0.45 EPS against a $0.41 forecast, though revenue fell slightly short at $830.19 million.

The company declared a quarterly dividend of $0.15 per share, yielding 2.7% annually, with a record date of September 12 and payment on October 1. The dividend payout ratio currently stands at 38.71%.

Backtest results for the period indicate that the stock’s performance aligned with institutional buying trends, with no significant deviation from expected patterns based on historical data.