Quantinno Capital Management LP Raises Stake in First Horizon Corporation $FHN

Posted by on Aug 5th, 2026

Quantinno Capital Management LP lifted its position in shares of First Horizon Corporation (NYSE:FHN – Free Report) by 69.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 347,358 shares of the financial services provider’s stock after buying an additional 142,716 shares during the quarter. Quantinno Capital Management LP’s holdings in First Horizon were worth $7,906,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new position in First Horizon in the 4th quarter valued at $153,942,000. Artemis Investment Management LLP acquired a new stake in shares of First Horizon during the fourth quarter worth $90,319,000. North Reef Capital Management LP grew its holdings in shares of First Horizon by 25.5% during the 1st quarter. North Reef Capital Management LP now owns 14,453,208 shares of the financial services provider’s stock worth $328,955,000 after purchasing an additional 2,936,368 shares during the period. Cullen Capital Management LLC increased its position in First Horizon by 3,401.0% during the 4th quarter. Cullen Capital Management LLC now owns 2,030,457 shares of the financial services provider’s stock worth $48,528,000 after purchasing an additional 1,972,461 shares in the last quarter. Finally, HRT Financial LP acquired a new stake in First Horizon during the 4th quarter worth approximately $42,600,000. Institutional investors and hedge funds own 80.28% of the company’s stock.

First Horizon Stock Performance

First Horizon stock opened at $26.07 on Wednesday. The firm has a market capitalization of $12.37 billion, a PE ratio of 12.47, a price-to-earnings-growth ratio of 1.02 and a beta of 0.61. First Horizon Corporation has a one year low of $19.80 and a one year high of $26.56. The stock’s 50 day moving average price is $25.17 and its 200 day moving average price is $24.39. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.96 and a current ratio of 0.97.

First Horizon (NYSE:FHN – Get Free Report) last issued its quarterly earnings data on Wednesday, July 15th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.02. The company had revenue of $890.00 million during the quarter, compared to the consensus estimate of $878.42 million. First Horizon had a net margin of 21.12% and a return on equity of 12.06%. During the same quarter last year, the company earned $0.45 earnings per share. As a group, sell-side analysts expect that First Horizon Corporation will post 2.15 EPS for the current fiscal year.

First Horizon Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Friday, September 11th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, September 11th. First Horizon’s dividend payout ratio (DPR) is presently 32.54%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. National Bank Financial set a $29.00 price target on shares of First Horizon in a research report on Thursday, July 16th. DA Davidson reissued a “neutral” rating and issued a $26.00 price objective on shares of First Horizon in a research report on Thursday, April 16th. Truist Financial raised their target price on shares of First Horizon from $26.00 to $27.00 and gave the company a “hold” rating in a research note on Friday, July 10th. UBS Group restated a “buy” rating on shares of First Horizon in a report on Thursday, July 16th. Finally, Keefe, Bruyette & Woods upped their price target on shares of First Horizon from $25.00 to $26.00 and gave the stock a “market perform” rating in a research report on Thursday, April 16th. Nine research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $27.16.

Check Out Our Latest Research Report on First Horizon

First Horizon Company Profile

(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.

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Institutional Ownership by Quarter for First Horizon (NYSE:FHN)

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