FirstEnergy (NYSE:FE) CFO Sells $1,365,192.00 in Stock

FirstEnergy Corporation (NYSE:FE) CFO Jon Taylor K. sold 26,800 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $50.94, for a total transaction of $1,365,192.00. Following the transaction, the chief financial officer owned 119,552 shares in the company, valued at $6,089,978.88. This represents a 18.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

FirstEnergy Stock Performance

Shares of NYSE FE opened at $51.17 on Friday. The firm’s 50-day moving average price is $48.21 and its 200-day moving average price is $46.34. FirstEnergy Corporation has a 52-week low of $37.58 and a 52-week high of $51.75. The company has a market cap of $29.57 billion, a PE ratio of 29.07, a PEG ratio of 2.69 and a beta of 0.61. 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 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.01. FirstEnergy had a net margin of 6.76% and a return on equity of 10.50%. The firm had revenue of $3.80 billion during the quarter, compared to analysts’ expectations of $3.20 billion. During the same period in the previous year, the company earned $0.67 earnings per share. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. As a group, analysts anticipate that FirstEnergy Corporation will post 2.66 EPS for the current year.

FirstEnergy Increases Dividend

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

Wall Street Analyst Weigh In

A number of research firms have issued reports on FE. Barclays cut their price target on FirstEnergy from $51.00 to $50.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. Morgan Stanley restated an “overweight” rating on shares of FirstEnergy in a research note on Wednesday, February 11th. Weiss Ratings cut FirstEnergy from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, February 19th. Scotiabank reissued an “outperform” rating on shares of FirstEnergy in a report on Thursday, February 19th. Finally, Wolfe Research upgraded FirstEnergy from a “peer perform” rating to an “outperform” rating and set a $50.00 price target for the company in a research report on Tuesday, January 27th. Eight research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, FirstEnergy currently has a consensus rating of “Moderate Buy” and an average price target of $49.71.

Key FirstEnergy News

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FE. World Investment Advisors grew its position in shares of FirstEnergy by 10.9% during the fourth quarter. World Investment Advisors now owns 12,358 shares of the utilities provider’s stock valued at $553,000 after purchasing an additional 1,211 shares in the last quarter. Meadowbrook Advisors Group LLC purchased a new stake in shares of FirstEnergy in the fourth quarter worth about $261,000. Corient Private Wealth LLC boosted its stake in FirstEnergy by 13.4% during the fourth quarter. Corient Private Wealth LLC now owns 49,947 shares of the utilities provider’s stock valued at $2,236,000 after buying an additional 5,892 shares during the last quarter. Hsbc Holdings PLC boosted its stake in FirstEnergy by 14.3% during the fourth quarter. Hsbc Holdings PLC now owns 1,021,430 shares of the utilities provider’s stock valued at $45,764,000 after buying an additional 128,044 shares during the last quarter. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in FirstEnergy during the 4th quarter valued at approximately $42,000. Institutional investors own 89.41% 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.