MUFG Securities EMEA plc Has $955,000 Stock Holdings in FirstEnergy Corporation $FE

MUFG Securities EMEA plc grew its holdings in FirstEnergy Corporation (NYSE:FE) by 114.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 21,328 shares of the utilities provider’s stock after buying an additional 11,381 shares during the quarter. MUFG Securities EMEA plc’s holdings in FirstEnergy were worth $955,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC bought a new position in FirstEnergy in the fourth quarter valued at about $256,000. Integrated Wealth Concepts LLC bought a new position in FirstEnergy in the first quarter valued at about $289,000. Empowered Funds LLC boosted its holdings in FirstEnergy by 7.0% in the first quarter. Empowered Funds LLC now owns 11,213 shares of the utilities provider’s stock valued at $453,000 after acquiring an additional 732 shares during the last quarter. Woodline Partners LP boosted its holdings in FirstEnergy by 40.7% in the first quarter. Woodline Partners LP now owns 43,334 shares of the utilities provider’s stock valued at $1,752,000 after acquiring an additional 12,531 shares during the last quarter. Finally, Focus Partners Wealth boosted its holdings in FirstEnergy by 6.8% in the first quarter. Focus Partners Wealth now owns 21,178 shares of the utilities provider’s stock valued at $856,000 after acquiring an additional 1,340 shares during the last quarter. 89.41% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director James F. Oneil sold 7,945 shares of FirstEnergy stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $50.60, for a total transaction of $402,017.00. Following the transaction, the director owned 1,869 shares in the company, valued at $94,571.40. The trade was a 80.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Jon Taylor K. sold 26,800 shares of FirstEnergy stock in a transaction that occurred on 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 in the company, valued at approximately $6,089,978.88. This represents a 18.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 39,118 shares of company stock worth $1,989,532 in the last 90 days. Corporate insiders own 0.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on FE. Wells Fargo & Company reiterated an “overweight” rating and issued a $55.00 price target on shares of FirstEnergy in a report on Tuesday, April 21st. Weiss Ratings cut FirstEnergy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 14th. New Street Research set a $52.00 price target on FirstEnergy in a report on Tuesday, April 21st. Morgan Stanley restated an “overweight” rating on shares of FirstEnergy in a report on Wednesday, February 11th. Finally, Wolfe Research cut FirstEnergy from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $51.69.

FirstEnergy Trading Down 0.1%

NYSE:FE opened at $45.33 on Wednesday. FirstEnergy Corporation has a fifty-two week low of $39.28 and a fifty-two week high of $52.34. 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 stock has a market capitalization of $26.22 billion, a PE ratio of 24.63, a price-to-earnings-growth ratio of 2.17 and a beta of 0.47. The business’s 50-day simple moving average is $48.18 and its 200-day simple moving average is $47.54.

FirstEnergy (NYSE:FE) last released its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $0.72 earnings per share for the quarter, meeting the consensus estimate of $0.72. FirstEnergy had a return on equity of 10.66% and a net margin of 6.86%.The business had revenue of $4.20 billion for the quarter, compared to analysts’ expectations of $3.80 billion. During the same quarter in the previous year, the business posted $0.67 EPS. FirstEnergy’s revenue for the quarter was up 11.6% on a year-over-year basis. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. Sell-side analysts expect that FirstEnergy Corporation will post 2.73 earnings per share for the current fiscal year.

FirstEnergy 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.