Radnor Capital Management LLC Acquires 1,275 Shares of First Horizon Corporation $FHN

18 Sep 2025, 09:25 by Tristan Rich · The Markets Daily

Radnor Capital Management LLC increased its stake in First Horizon Corporation (NYSE:FHN – Free Report) by 4.3% in the 2nd quarter, Holdings Channel reports. The firm owned 30,925 shares of the financial services provider’s stock after purchasing an additional 1,275 shares during the period. Radnor Capital Management LLC’s holdings in First Horizon were worth $656,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Byrne Asset Management LLC grew its holdings in First Horizon by 115.3% in the 1st quarter. Byrne Asset Management LLC now owns 1,550 shares of the financial services provider’s stock valued at $30,000 after buying an additional 830 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of First Horizon by 156.7% in 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. Compass Financial Services Inc bought a new position in First Horizon during the first quarter worth about $38,000. Quarry LP lifted its position in shares of First Horizon by 129.2% during the 1st quarter. Quarry LP now owns 2,205 shares of the financial services provider’s stock worth $43,000 after buying an additional 1,243 shares during the period. Finally, Golden State Wealth Management LLC raised its stake in First Horizon by 53,160.0% during the first quarter. Golden State Wealth Management LLC now owns 2,663 shares of the financial services provider’s stock worth $52,000 after acquiring an additional 2,658 shares in the last quarter. 80.28% of the stock is owned by institutional investors and hedge funds.

Insider Activity at First Horizon

In other news, EVP David T. Popwell sold 100,000 shares of First Horizon stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $22.50, for a total value of $2,250,000.00. Following the sale, the executive vice president directly owned 462,581 shares in the company, valued at $10,408,072.50. This trade represents a 17.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Tammy Locascio sold 10,285 shares of the stock in a transaction on Friday, July 18th. The stock was sold at an average price of $22.25, for a total transaction of $228,841.25. Following the transaction, the chief operating officer owned 342,051 shares of the company’s stock, valued at $7,610,634.75. The trade was a 2.92% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 148,295 shares of company stock valued at $3,322,663 over the last ninety days. Company insiders own 0.87% of the company’s stock.

Analyst Ratings Changes

FHN has been the subject of a number of research analyst reports. Raymond James Financial reiterated an “outperform” rating and issued a $24.00 target price (up previously from $20.00) on shares of First Horizon in a research note on Tuesday, July 8th. Barclays boosted their price objective on shares of First Horizon from $23.00 to $26.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 8th. Citigroup increased their price objective on First Horizon from $25.00 to $26.00 and gave the company a “buy” rating in a research report on Tuesday, August 26th. Bank of America upped their price target on First Horizon from $26.00 to $27.00 and gave the company a “buy” rating in a research note on Thursday, July 17th. Finally, Wall Street Zen cut First Horizon from a “hold” rating to a “sell” rating in a report on Saturday, August 23rd. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.34.

Check Out Our Latest Report on First Horizon

First Horizon Price Performance

Shares of NYSE FHN opened at $22.65 on Thursday. The company has a fifty day moving average price of $22.17 and a 200 day moving average price of $20.25. The firm has a market cap of $11.50 billion, a PE ratio of 14.61, a PEG ratio of 1.06 and a beta of 0.67. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.15. First Horizon Corporation has a 1-year low of $14.82 and a 1-year high of $23.08.

First Horizon (NYSE:FHN – Get Free Report) last issued its quarterly earnings results on Wednesday, July 16th. The financial services provider reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.04. The company had revenue of $830.19 million for the quarter, compared to analyst estimates of $832.95 million. First Horizon had a return on equity of 10.55% and a net margin of 17.10%.During the same period in the previous year, the company posted $0.36 earnings per share. Research analysts predict that First Horizon Corporation will post 1.67 earnings per share for the current fiscal year.

First Horizon Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Friday, September 12th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, September 12th. This represents a $0.60 dividend on an annualized basis and a yield of 2.6%. First Horizon’s dividend payout ratio is 38.71%.

First Horizon Company Profile

(Free Report)

First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through Regional Banking and Specialty Banking segments. It offers general banking services for consumers, businesses, financial institutions, and governments.