FirstEnergy Corporation $FE Shares Purchased by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC lifted its stake in FirstEnergy Corporation (NYSE:FE) by 1,172.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 16,735 shares of the utilities provider’s stock after purchasing an additional 15,420 shares during the period. Ameritas Advisory Services LLC’s holdings in FirstEnergy were worth $749,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FE. State of Wyoming acquired a new stake in shares of FirstEnergy in the second quarter valued at approximately $25,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of FirstEnergy in the third quarter valued at approximately $27,000. Olistico Wealth LLC acquired a new stake in shares of FirstEnergy in the fourth quarter valued at approximately $31,000. Quest 10 Wealth Builders Inc. increased its stake in FirstEnergy by 507.9% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 766 shares of the utilities provider’s stock worth $34,000 after acquiring an additional 640 shares during the last quarter. Finally, Networth Advisors LLC acquired a new stake in FirstEnergy during the fourth quarter worth $40,000. Institutional investors and hedge funds own 89.41% of the company’s stock.

FirstEnergy Stock Down 1.6%

Shares of NYSE FE opened at $43.81 on Friday. The company has a market capitalization of $25.34 billion, a price-to-earnings ratio of 23.81, a price-to-earnings-growth ratio of 2.13 and a beta of 0.48. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.52 and a quick ratio of 0.42. The business has a 50-day moving average of $49.26 and a two-hundred day moving average of $47.54. FirstEnergy Corporation has a 1 year low of $39.28 and a 1 year high of $52.34.

FirstEnergy (NYSE:FE) last announced its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $0.72 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.72. The company had revenue of $4.01 billion during the quarter, compared to the consensus estimate of $3.80 billion. FirstEnergy had a return on equity of 10.66% and a net margin of 6.86%.FirstEnergy’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.67 EPS. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. On average, analysts forecast that FirstEnergy Corporation will post 2.73 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have issued reports on FE shares. Wells Fargo & Company reissued an “overweight” rating and set a $55.00 target price on shares of FirstEnergy in a research note on Tuesday, April 21st. Barclays raised their target price on FirstEnergy from $50.00 to $53.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 8th. New Street Research set a $52.00 price objective on FirstEnergy in a research note on Tuesday, April 21st. Jefferies Financial Group lifted their price objective on FirstEnergy from $50.00 to $52.00 and gave the company a “hold” rating in a research note on Tuesday, April 21st. Finally, Mizuho set a $51.00 price objective on FirstEnergy in a research note on Thursday, February 19th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $51.69.

Insider Activity

In other news, Director James F. Oneil sold 7,945 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $50.60, for a total value of $402,017.00. Following the completion of the sale, the director directly owned 1,869 shares of the company’s stock, valued at approximately $94,571.40. The trade was a 80.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jon Taylor K. sold 26,800 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $50.94, for a total value of $1,365,192.00. Following the completion of the sale, the chief financial officer directly owned 119,552 shares of the company’s stock, valued at $6,089,978.88. The trade was a 18.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 39,118 shares of company stock valued at $1,989,532. Insiders own 0.14% of the company’s stock.

About FirstEnergy

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.