FirstEnergy Corporation $FE Shares Bought by Global Retirement Partners LLC

Global Retirement Partners LLC raised its holdings in FirstEnergy Corporation (NYSE:FE) by 250.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 28,040 shares of the utilities provider’s stock after acquiring an additional 20,042 shares during the period. Global Retirement Partners LLC’s holdings in FirstEnergy were worth $1,255,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. State of Wyoming acquired a new position in FirstEnergy in the 2nd quarter valued at $25,000. Olistico Wealth LLC acquired a new position in FirstEnergy in the 4th quarter valued at $31,000. Quest 10 Wealth Builders Inc. raised its holdings in FirstEnergy by 507.9% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 766 shares of the utilities provider’s stock valued at $34,000 after acquiring an additional 640 shares during the last quarter. Networth Advisors LLC acquired a new position in FirstEnergy in the 4th quarter valued at $40,000. Finally, WFA of San Diego LLC acquired a new position in FirstEnergy in the 2nd quarter valued at $46,000. 89.41% of the stock is currently owned by institutional investors and hedge funds.

FirstEnergy Stock Up 0.1%

Shares of FirstEnergy stock opened at $46.35 on Monday. The company has a fifty day moving average price of $48.73 and a 200 day moving average price of $47.52. The company has a current ratio of 0.52, a quick ratio of 0.42 and a debt-to-equity ratio of 1.87. FirstEnergy Corporation has a twelve month low of $39.28 and a twelve month high of $52.34. The stock has a market cap of $26.81 billion, a price-to-earnings ratio of 25.19, a price-to-earnings-growth ratio of 2.22 and a beta of 0.48.

FirstEnergy (NYSE:FE) last announced its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $0.72 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.72. FirstEnergy had a net margin of 6.86% and a return on equity of 10.66%. The firm had revenue of $4.20 billion during the quarter, compared to analysts’ expectations of $3.80 billion. During the same period in the prior year, the company earned $0.67 EPS. The firm’s revenue was up 11.6% on a year-over-year basis. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. Equities research analysts forecast that FirstEnergy Corporation will post 2.73 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Jon Taylor K. sold 26,800 shares of the company’s stock in a transaction on 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 completion of the sale, the chief financial officer directly owned 119,552 shares of the company’s stock, valued at approximately $6,089,978.88. This represents a 18.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Jason Lisowski sold 1,373 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $50.84, for a total transaction of $69,803.32. 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. Company insiders own 0.14% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on FE shares. JPMorgan Chase & Co. boosted their price target on FirstEnergy from $50.00 to $55.00 and gave the company a “neutral” rating in a report on Thursday, March 12th. Mizuho set a $51.00 price objective on shares of FirstEnergy in a research note on Thursday, February 19th. Barclays boosted their price objective on shares of FirstEnergy from $50.00 to $53.00 and gave the company an “overweight” rating in a research note on Wednesday, April 8th. Scotiabank reissued an “outperform” rating on shares of FirstEnergy in a research note on Thursday, February 19th. Finally, New Street Research set a $52.00 price objective on shares of FirstEnergy in a research note on Tuesday, April 21st. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $51.69.

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.