Brandywine Global Investment Management LLC Has $59.53 Million Stock Position in FirstEnergy Corporation $FE

Brandywine Global Investment Management LLC increased its stake in shares of FirstEnergy Corporation (NYSE:FE) by 1.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,329,624 shares of the utilities provider’s stock after purchasing an additional 24,225 shares during the period. Brandywine Global Investment Management LLC’s holdings in FirstEnergy were worth $59,527,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC increased its stake in shares of FirstEnergy by 7.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 50,503 shares of the utilities provider’s stock valued at $2,261,000 after acquiring an additional 3,322 shares during the last quarter. Hilton Head Capital Partners LLC acquired a new position in shares of FirstEnergy in the 4th quarter valued at $54,000. Syon Capital LLC grew its holdings in shares of FirstEnergy by 21.5% in the 4th quarter. Syon Capital LLC now owns 8,075 shares of the utilities provider’s stock valued at $362,000 after buying an additional 1,427 shares during the period. ING Groep NV bought a new stake in shares of FirstEnergy in the 4th quarter valued at $1,859,000. Finally, Capital International Inc. CA increased its position in shares of FirstEnergy by 10.0% in the 4th quarter. Capital International Inc. CA now owns 623,451 shares of the utilities provider’s stock valued at $27,912,000 after buying an additional 56,680 shares in the last quarter. Institutional investors own 89.41% of the company’s stock.

Insider Buying and Selling

In other FirstEnergy news, Director James F. Oneil sold 7,945 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $50.60, for a total value of $402,017.00. Following the sale, the director owned 1,869 shares in the company, valued at approximately $94,571.40. The trade was a 80.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Jon Taylor K. sold 26,800 shares of the business’s 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 owned 119,552 shares in the company, valued at $6,089,978.88. The trade was a 18.31% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.14% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. New Street Research set a $52.00 target price on FirstEnergy in a report on Tuesday, April 21st. Wolfe Research downgraded FirstEnergy from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Mizuho set a $51.00 price target on FirstEnergy in a research report on Thursday, February 19th. Scotiabank reiterated an “outperform” rating on shares of FirstEnergy in a report on Thursday, February 19th. Finally, JPMorgan Chase & Co. boosted their price objective on FirstEnergy from $50.00 to $55.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $51.69.

FirstEnergy Price Performance

Shares of NYSE FE opened at $46.44 on Monday. The company has a fifty day moving average price of $47.92 and a 200 day moving average price of $47.53. The firm has a market cap of $26.86 billion, a PE ratio of 25.24, a PEG ratio of 2.22 and a beta of 0.47. 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 1-year low of $39.28 and a 1-year high of $52.34.

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

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.