First Horizon (NYSE:FHN) EVP Sells $455,078.05 in Stock

Posted by Francis Steltz on Aug 27th, 2026

First Horizon Corporation (NYSE:FHN – Get Free Report) EVP Elizabeth Ardoin sold 18,313 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $24.85, for a total value of $455,078.05. Following the sale, the executive vice president directly owned 340,368 shares of the company’s stock, valued at $8,458,144.80. This represents a 5.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

First Horizon Price Performance

Shares of FHN opened at $24.56 on Thursday. The company’s 50-day moving average is $25.47 and its 200-day moving average is $24.47. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.97 and a quick ratio of 0.96. The firm has a market capitalization of $11.64 billion, a PE ratio of 11.75, a PEG ratio of 0.97 and a beta of 0.61. First Horizon Corporation has a fifty-two week low of $19.80 and a fifty-two week high of $26.56.

First Horizon (NYSE:FHN – Get Free Report) last announced its earnings results on Wednesday, July 15th. The financial services provider reported $0.54 EPS for the quarter, topping the consensus estimate of $0.52 by $0.02. First Horizon had a net margin of 21.12% and a return on equity of 12.06%. The business had revenue of $887.00 million during the quarter, compared to the consensus estimate of $878.42 million. During the same quarter in the previous year, the firm posted $0.45 EPS. Equities analysts forecast that First Horizon Corporation will post 2.15 EPS for the current year.

First Horizon Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be given a dividend of $0.17 per share. The ex-dividend date is Friday, September 11th. This represents a $0.68 annualized dividend and a yield of 2.8%. First Horizon’s dividend payout ratio (DPR) is 32.54%.

Institutional Investors Weigh In On First Horizon

A number of large investors have recently added to or reduced their stakes in the stock. Kestra Investment Management LLC increased its position in shares of First Horizon by 873.1% in the second quarter. Kestra Investment Management LLC now owns 1,625 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 1,458 shares during the period. Geneos Wealth Management Inc. lifted its position in First Horizon by 156.7% during the first quarter. Geneos Wealth Management Inc. now owns 1,794 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 1,095 shares during the period. Ancora Advisors LLC acquired a new stake in First Horizon during the second quarter worth about $42,000. Basecamp Wealth Advisors LLC grew its stake in First Horizon by 56.2% during the first quarter. Basecamp Wealth Advisors LLC now owns 2,073 shares of the financial services provider’s stock worth $47,000 after buying an additional 746 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC increased its holdings in First Horizon by 1,348.2% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 2,013 shares of the financial services provider’s stock valued at $48,000 after buying an additional 1,874 shares during the period. Institutional investors and hedge funds own 80.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on FHN shares. Wall Street Zen lowered First Horizon from a “hold” rating to a “sell” rating in a research note on Saturday, June 27th. Wells Fargo & Company assumed coverage on First Horizon in a research note on Monday, August 10th. They issued an “equal weight” rating and a $28.00 price target for the company. Fundamental Research set a $28.50 price objective on First Horizon in a report on Wednesday, July 1st. JPMorgan Chase & Co. lowered their price objective on First Horizon from $28.50 to $27.00 and set a “neutral” rating on the stock in a research report on Thursday, July 16th. Finally, UBS Group reissued a “buy” rating on shares of First Horizon in a research report on Thursday, July 16th. Nine equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $27.26.

View Our Latest Analysis on First Horizon

First Horizon Company Profile

(Get Free Report)

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.