Decker Wealth Management LLC Takes Position in First Horizon Corporation $FHN

Decker Wealth Management LLC bought a new position in First Horizon Corporation (NYSE:FHN) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 32,387 shares of the financial services provider’s stock, valued at approximately $737,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. KBC Group NV boosted its position in shares of First Horizon by 9.8% in the first quarter. KBC Group NV now owns 15,654 shares of the financial services provider’s stock worth $356,000 after purchasing an additional 1,393 shares during the period. California Public Employees Retirement System increased its stake in shares of First Horizon by 6.9% in the first quarter. California Public Employees Retirement System now owns 1,035,323 shares of the financial services provider’s stock worth $23,564,000 after purchasing an additional 66,496 shares in the last quarter. Assetmark Inc. raised its position in shares of First Horizon by 11.1% during the 1st quarter. Assetmark Inc. now owns 11,212 shares of the financial services provider’s stock valued at $255,000 after purchasing an additional 1,118 shares during the period. Bessemer Group Inc. raised its position in shares of First Horizon by 0.3% during the 1st quarter. Bessemer Group Inc. now owns 138,920 shares of the financial services provider’s stock valued at $3,162,000 after purchasing an additional 425 shares during the period. Finally, Twin Capital Management Inc. lifted its stake in shares of First Horizon by 1.9% during the 1st quarter. Twin Capital Management Inc. now owns 45,106 shares of the financial services provider’s stock valued at $1,027,000 after buying an additional 851 shares in the last quarter. Institutional investors own 80.28% of the company’s stock.

First Horizon Price Performance

FHN stock opened at $25.79 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.96 and a current ratio of 0.97. The company’s fifty day moving average price is $24.76 and its 200-day moving average price is $24.27. First Horizon Corporation has a one year low of $19.80 and a one year high of $26.56. The company has a market capitalization of $12.24 billion, a PE ratio of 12.34, a price-to-earnings-growth ratio of 1.01 and a beta of 0.60.

First Horizon (NYSE:FHN) last posted its earnings results on Wednesday, July 15th. The financial services provider reported $0.54 earnings per share 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 analysts’ expectations of $878.42 million. First Horizon had a net margin of 21.12% and a return on equity of 12.06%. During the same period last year, the company posted $0.45 earnings per share. On average, equities analysts anticipate that First Horizon Corporation will post 2.16 EPS for the current fiscal year.

First Horizon Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Friday, June 12th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Friday, June 12th. First Horizon’s dividend payout ratio is 32.54%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Fundamental Research set a $28.50 target price on shares of First Horizon in a report on Wednesday, July 1st. Evercore set a $27.00 price target on First Horizon in a report on Monday, July 6th. National Bank Financial set a $29.00 price objective on First Horizon in a research report on Thursday. JPMorgan Chase & Co. dropped their price objective on First Horizon from $28.50 to $27.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, UBS Group reiterated a “buy” rating on shares of First Horizon in a research report on Thursday. Nine analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, First Horizon currently has an average rating of “Hold” and a consensus price target of $27.16.

First Horizon News Roundup

Here are the key news stories impacting First Horizon this week:

• Positive Sentiment: Analysts and market commentary highlighted First Horizon’s Q2 earnings beat, stronger net interest income, fee income, and loan/balance growth, reinforcing the view that the stock may be undervalued after the quarter. First Horizon (FHN) Stock May Be 45% Undervalued After Q2 Earnings Beat
• Positive Sentiment: First Horizon said its banking results are showing improvement, which supports the bullish narrative around earnings momentum and operating performance. First Horizon (NYSE:FHN) Banking Results Show Improvement
• Positive Sentiment: Another earnings-focused article said the Q2 beat is bringing First Horizon’s undervalued-stock thesis into sharper focus, adding to investor optimism. First Horizon (FHN) Q2 Earnings Beat Brings Its Undervalued Narrative Into Focus
• Neutral Sentiment: First Horizon announced the 10th anniversary of its Music, Sports and Entertainment Group, which is positive for branding but likely not a major near-term stock driver. A Decade of Client-first Service in Music, Sports and Entertainment at First Horizon Bank
• Neutral Sentiment: The bank also announced a leadership-related community appointment, which is supportive of local relationships but unlikely to materially affect shares. First Horizon Bank and United Way of Southeast Louisiana Announce Meghan Donelon is Appointed Executive Committee Board Chair
• Neutral Sentiment: Catherine Wood was promoted to head of commercial banking strategy, a management update that could help execution but is not a major immediate catalyst. Catherine Wood Promoted to Head of Commercial Banking Strategy for First Horizon Bank
• Negative Sentiment: JPMorgan lowered its price target on FHN to $27 from $28.50 and kept a neutral rating, suggesting limited upside despite the earnings beat. First Horizon price target lowered by JPMorgan Chase & Co.
• Negative Sentiment: One report noted that shares fell after the earnings release because expenses rose and capital ratios weakened, raising some caution around the quality of the quarter. FHN Shares Fall Despite Q2 Earnings Beat on Higher NII & Fee Income
• Neutral Sentiment: First Horizon also posted better-than-expected Q2 sales, adding to the overall earnings beat narrative. First Horizon (NYSE:FHN) Posts Better-Than-Expected Sales In Q2 CY2026

First Horizon Profile

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.