FirstEnergy Corporation (NYSE:FE) Receives Average Recommendation of “Moderate Buy” from Analysts

FirstEnergy Corporation (NYSE:FE) has been given a consensus recommendation of “Moderate Buy” by the thirteen ratings firms that are currently covering the stock, MarketBeat reports. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $51.6923.

A number of research firms have recently weighed in on FE. Jefferies Financial Group raised their price target on shares of FirstEnergy from $50.00 to $52.00 and gave the company a “hold” rating in a research note on Tuesday, April 21st. New Street Research set a $52.00 price target on shares of FirstEnergy in a research note on Tuesday, April 21st. Mizuho set a $51.00 price target on shares of FirstEnergy in a research note on Thursday, February 19th. JPMorgan Chase & Co. raised their price target on shares of FirstEnergy from $50.00 to $55.00 and gave the company a “neutral” rating in a research note on Thursday, March 12th. Finally, Morgan Stanley restated an “overweight” rating on shares of FirstEnergy in a research note on Wednesday, February 11th.

FirstEnergy Price Performance

FE stock opened at $46.35 on Friday. The company has a quick ratio of 0.42, a current ratio of 0.52 and a debt-to-equity ratio of 1.87. FirstEnergy has a 12 month low of $39.28 and a 12 month high of $52.34. The firm has a market cap of $26.81 billion, a P/E ratio of 25.19, a P/E/G ratio of 2.22 and a beta of 0.48. The company’s 50-day moving average price is $48.73 and its two-hundred day moving average price is $47.51.

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

Insider Buying and Selling

In related news, CAO Jason Lisowski sold 1,373 shares of FirstEnergy stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $50.84, for a total transaction of $69,803.32. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, 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 sale, the chief financial officer owned 119,552 shares in the company, valued at approximately $6,089,978.88. This represents a 18.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 39,118 shares of company stock worth $1,989,532 in the last ninety days. Company insiders own 0.14% of the company’s stock.

Institutional Investors Weigh In On FirstEnergy

Several hedge funds have recently added to or reduced their stakes in the business. Eurizon Capital SGR S.p.A. acquired a new position in shares of FirstEnergy in the 4th quarter worth approximately $123,018,000. BROOKFIELD Corp ON bought a new stake in shares of FirstEnergy in the 4th quarter valued at $110,332,000. Boston Partners increased its stake in shares of FirstEnergy by 13.5% in the 3rd quarter. Boston Partners now owns 18,344,403 shares of the utilities provider’s stock valued at $841,161,000 after acquiring an additional 2,185,400 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of FirstEnergy by 56.0% in the 4th quarter. Victory Capital Management Inc. now owns 5,506,251 shares of the utilities provider’s stock valued at $246,515,000 after acquiring an additional 1,977,504 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of FirstEnergy by 11,305.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,974,989 shares of the utilities provider’s stock valued at $81,699,000 after acquiring an additional 1,957,673 shares in the last quarter. 89.41% of the stock is currently owned by institutional investors and hedge funds.

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.