World Investment Advisors Makes New Investment in First Horizon Corporation $FHN

Posted by Brian Himes on Jul 8th, 2026

World Investment Advisors acquired a new position in First Horizon Corporation (NYSE:FHN – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 68,798 shares of the financial services provider’s stock, valued at approximately $1,566,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kestra Investment Management LLC raised its stake in shares of First Horizon by 873.1% during the 2nd quarter. Kestra Investment Management LLC now owns 1,625 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 1,458 shares during the period. Geneos Wealth Management Inc. grew its holdings in First Horizon by 156.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,794 shares of the financial services provider’s stock valued at $35,000 after buying an additional 1,095 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its position in shares of First Horizon by 1,348.2% during the fourth 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. Los Angeles Capital Management LLC bought a new stake in shares of First Horizon during the fourth quarter valued at about $51,000. Finally, Triumph Capital Management purchased a new stake in shares of First Horizon in the third quarter worth about $77,000. 80.28% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on FHN. Autonomous Res cut shares of First Horizon from a “strong-buy” rating to a “strong sell” rating in a report on Wednesday, April 29th. Wells Fargo & Company lifted their price objective on First Horizon from $25.00 to $26.00 and gave the company an “equal weight” rating in a research note on Monday. DA Davidson restated a “neutral” rating and set a $26.00 target price on shares of First Horizon in a research report on Thursday, April 16th. Keefe, Bruyette & Woods raised their price target on First Horizon from $25.00 to $26.00 and gave the company a “market perform” rating in a report on Thursday, April 16th. Finally, UBS Group downgraded First Horizon from a “buy” rating to a “neutral” rating and dropped their price target for the company from $29.00 to $25.00 in a research report on Tuesday, April 7th. Nine equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, First Horizon presently has an average rating of “Hold” and an average price target of $27.12.

Get Our Latest Report on FHN

First Horizon Trading Down 0.3%

FHN opened at $25.77 on Wednesday. The business has a 50 day moving average of $24.63 and a 200-day moving average of $24.21. The stock has a market cap of $12.23 billion, a PE ratio of 12.89, a PEG ratio of 1.01 and a beta of 0.60. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.15. First Horizon Corporation has a 52 week low of $19.80 and a 52 week high of $26.56.

First Horizon (NYSE:FHN – Get Free Report) last issued its quarterly earnings results on Wednesday, April 15th. The financial services provider reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.04. First Horizon had a return on equity of 11.65% and a net margin of 20.54%.The firm had revenue of $865.00 million for the quarter, compared to analysts’ expectations of $869.49 million. During the same period in the previous year, the firm posted $0.42 EPS. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. Equities research analysts predict that First Horizon Corporation will post 2.16 earnings per share for the current fiscal year.

First Horizon Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Friday, June 12th were paid a $0.17 dividend. The ex-dividend date was Friday, June 12th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.6%. First Horizon’s payout ratio is currently 34.00%.

About First Horizon

(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.