Jason Lisowski Sells 3,000 Shares of FirstEnergy (NYSE:FE) Stock

FirstEnergy Corporation (NYSE:FE) CAO Jason Lisowski sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $50.84, for a total transaction of $152,520.00. Following the completion of the sale, the chief accounting officer directly owned 7,176 shares of the company’s stock, valued at $364,827.84. The trade was a 29.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Jason Lisowski also recently made the following trade(s):

• On Friday, March 6th, Jason Lisowski sold 1,373 shares of FirstEnergy stock. The stock was sold at an average price of $50.84, for a total transaction of $69,803.32.

FirstEnergy Trading Down 0.0%

Shares of NYSE FE opened at $50.64 on Thursday. The company’s fifty day moving average is $47.97 and its 200-day moving average is $46.23. The stock has a market cap of $29.26 billion, a price-to-earnings ratio of 28.77, a P/E/G ratio of 2.66 and a beta of 0.61. FirstEnergy Corporation has a twelve month low of $37.58 and a twelve month high of $51.39. The company has a quick ratio of 0.46, a current ratio of 0.57 and a debt-to-equity ratio of 1.83.

FirstEnergy (NYSE:FE) last released its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. The business had revenue of $3.80 billion during the quarter, compared to analysts’ expectations of $3.20 billion. FirstEnergy had a net margin of 6.76% and a return on equity of 10.50%. During the same quarter in the prior year, the company earned $0.67 EPS. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. Equities research analysts predict that FirstEnergy Corporation will post 2.66 EPS for the current year.

FirstEnergy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Thursday, May 7th will be issued a $0.465 dividend. This represents a $1.86 annualized dividend and a dividend yield of 3.7%. This is an increase from FirstEnergy’s previous quarterly dividend of $0.45. The ex-dividend date is Thursday, May 7th. FirstEnergy’s dividend payout ratio is currently 101.14%.

Institutional Trading of FirstEnergy

Institutional investors have recently modified their holdings of the company. Capital World Investors raised its position in FirstEnergy by 0.4% in the 3rd quarter. Capital World Investors now owns 78,328,151 shares of the utilities provider’s stock valued at $3,588,992,000 after buying an additional 305,531 shares during the last quarter. Vanguard Group Inc. boosted its position in FirstEnergy by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 68,109,341 shares of the utilities provider’s stock worth $3,049,255,000 after acquiring an additional 761,157 shares during the last quarter. Boston Partners boosted its position in FirstEnergy by 13.5% during the 3rd quarter. Boston Partners now owns 18,344,403 shares of the utilities provider’s stock worth $841,161,000 after acquiring an additional 2,185,400 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of FirstEnergy by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 13,463,298 shares of the utilities provider’s stock worth $600,351,000 after acquiring an additional 126,834 shares in the last quarter. Finally, Invesco Ltd. grew its stake in shares of FirstEnergy by 0.3% during the 4th quarter. Invesco Ltd. now owns 11,722,471 shares of the utilities provider’s stock worth $524,815,000 after acquiring an additional 34,014 shares in the last quarter. 89.41% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on FE. Scotiabank reiterated an “outperform” rating on shares of FirstEnergy in a report on Thursday, February 19th. UBS Group lowered their target price on FirstEnergy from $49.00 to $46.00 and set a “neutral” rating for the company in a research note on Wednesday, December 17th. Morgan Stanley restated an “overweight” rating on shares of FirstEnergy in a report on Wednesday, February 11th. Barclays cut their price target on shares of FirstEnergy from $51.00 to $50.00 and set an “overweight” rating on the stock in a research note on Thursday, January 22nd. Finally, Mizuho set a $51.00 price target on shares of FirstEnergy in a report on Thursday, February 19th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, FirstEnergy has a consensus rating of “Moderate Buy” and an average price target of $49.31.

FirstEnergy Company Profile

FirstEnergy Corp. (NYSE: FE) is a U.S.-based electric utility holding company headquartered in Akron, Ohio. The company’s primary business is the delivery of electricity through its regulated transmission and distribution utilities, serving residential, commercial and industrial customers across parts of the Midwest and Mid‑Atlantic. FirstEnergy’s service territory includes states such as Ohio, Pennsylvania, New Jersey, Maryland and West Virginia, and it operates primarily within the PJM regional transmission organization.

FirstEnergy’s core activities center on owning and operating electric distribution networks and transmission systems, maintaining and upgrading grid infrastructure, managing storm response and restoration, and offering customer programs that include energy efficiency and reliability services.