A family of Microsoft presentation graphics products that offer tools for creating presentations and adding graphic effects like multimedia objects and special effects with text.
Hi Ishai,
According to the Note in this article, the Morph Transition feature in PowerPoint is only available with Office 365 subscription. Since you mentioned that you’re using Office Home and Student 2016, the feature is not available with the version and edition of Office that you’re currently using. You would have to upgrade to Office 365 for you to use the Morph Transition feature. Here’s an article that talks about the inclusion of Office 365 subscription, system requirements, and how to get it.
Let us know if you need additional assistance.