Aventail Capital Group LP Invests $14.01 Million in FirstEnergy Corporation $FE

Aventail Capital Group LP acquired a new stake in shares of FirstEnergy Corporation (NYSE:FE) during the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 305,660 shares of the utilities provider’s stock, valued at approximately $14,005,000.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC purchased a new stake in FirstEnergy during the 4th quarter worth approximately $256,000. Integrated Wealth Concepts LLC purchased a new position in shares of FirstEnergy in the first quarter worth $289,000. Empowered Funds LLC raised its holdings in shares of FirstEnergy by 7.0% in the first quarter. Empowered Funds LLC now owns 11,213 shares of the utilities provider’s stock worth $453,000 after buying an additional 732 shares during the last quarter. Woodline Partners LP lifted its stake in shares of FirstEnergy by 40.7% during the first quarter. Woodline Partners LP now owns 43,334 shares of the utilities provider’s stock worth $1,752,000 after buying an additional 12,531 shares during the period. Finally, Focus Partners Wealth lifted its stake in shares of FirstEnergy by 6.8% during the first quarter. Focus Partners Wealth now owns 21,178 shares of the utilities provider’s stock worth $856,000 after buying an additional 1,340 shares during the period. 89.41% of the stock is currently owned by institutional investors and hedge funds.

FirstEnergy Trading Up 0.7%

Shares of FirstEnergy stock opened at $51.17 on Friday. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.57 and a quick ratio of 0.46. The firm has a fifty day moving average price of $48.21 and a 200 day moving average price of $46.34. FirstEnergy Corporation has a 1 year low of $37.58 and a 1 year high of $51.75. The stock has a market cap of $29.57 billion, a PE ratio of 29.07, a price-to-earnings-growth ratio of 2.69 and a beta of 0.61.

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

FirstEnergy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Thursday, May 7th will be issued a $0.465 dividend. This is a boost from FirstEnergy’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, May 7th. This represents a $1.86 annualized dividend and a dividend yield of 3.6%. FirstEnergy’s payout ratio is presently 101.14%.

Analysts Set New Price Targets

Several research firms recently issued reports on FE. Scotiabank reissued an “outperform” rating on shares of FirstEnergy in a research report on Thursday, February 19th. JPMorgan Chase & Co. lifted their price target on FirstEnergy from $50.00 to $55.00 and gave the stock a “neutral” rating in a research report on Thursday. Weiss Ratings downgraded FirstEnergy from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, February 19th. Barclays cut their price objective on FirstEnergy from $51.00 to $50.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. Finally, Morgan Stanley restated an “overweight” rating on shares of FirstEnergy in a research note on Wednesday, February 11th. Eight investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, FirstEnergy presently has a consensus rating of “Moderate Buy” and an average price target of $49.71.

Key Headlines Impacting FirstEnergy

Here are the key news stories impacting FirstEnergy this week:

• Positive Sentiment: JPMorgan raised its price target on FE to $55 (from $50) while keeping a “neutral” rating — the new target implies roughly mid-single-digit upside from recent levels and provides near-term analyst support for the stock. Article Title
• Positive Sentiment: FirstEnergy plans to invest about $950 million in Ohio and Pennsylvania grid upgrades — a sizable capital program that should grow the regulated rate base, improve reliability, and support long‑term earnings/stability for a utility. Investors typically view transmission/distribution upgrades as earnings-accretive over time when recoverable through regulators. Article Title
• Positive Sentiment: Market filings and company notices show FirstEnergy increased its quarterly dividend to $0.465 (annualized $1.86, ~3.6% yield), which supports income-focused investor interest and helps underpin the stock’s defensive appeal.
• Neutral Sentiment: FirstEnergy issued a storm-preparedness notice as crews stand ready for high winds across its service territory — operationally positive for outage response but routine and unlikely to move fundamentals unless major damage occurs. Article Title
• Negative Sentiment: Insider selling: CFO Jon Taylor sold 26,800 shares (~$1.36M at ~$50.94) and director James F. Oneil sold 7,945 shares (~$402k at $50.60) in recent Form 4 filings. Large insider disposals can pressure sentiment even if they’re for personal liquidity or diversification. CFO Form 4 Director Form 4

Insider Transactions at FirstEnergy

In related news, CFO Jon Taylor K. sold 26,800 shares of FirstEnergy stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $50.94, for a total transaction of $1,365,192.00. Following the completion of the transaction, the chief financial officer directly owned 119,552 shares in the company, valued at approximately $6,089,978.88. This trade represents a 18.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James F. Oneil sold 7,945 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $50.60, for a total value of $402,017.00. Following the completion of the transaction, the director directly owned 1,869 shares of the company’s stock, valued at $94,571.40. The trade was a 80.96% decrease in their ownership of the stock. 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 over the last quarter. 0.17% of the stock is currently owned by insiders.

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.