National Pension Service Boosts Stock Position in FirstEnergy Corporation $FE

National Pension Service lifted its position in FirstEnergy Corporation (NYSE:FE) by 4.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 929,641 shares of the utilities provider’s stock after purchasing an additional 37,502 shares during the quarter. National Pension Service’s holdings in FirstEnergy were worth $41,620,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

FE has been the subject of a number of research reports. Weiss Ratings cut FirstEnergy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 14th. Scotiabank reiterated an “outperform” rating on shares of FirstEnergy in a report on Thursday, February 19th. Morgan Stanley reiterated an “overweight” rating on shares of FirstEnergy in a report on Wednesday, February 11th. New Street Research set a $52.00 price objective on FirstEnergy in a report on Tuesday, April 21st. Finally, Wolfe Research cut FirstEnergy from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, FirstEnergy presently has a consensus rating of “Moderate Buy” and an average price target of $51.69.

FirstEnergy Trading Up 0.0%

NYSE FE opened at $46.39 on Monday. FirstEnergy Corporation has a 1-year low of $39.28 and a 1-year high of $52.34. The company has a current ratio of 0.52, a quick ratio of 0.42 and a debt-to-equity ratio of 1.87. The stock has a 50-day moving average of $48.26 and a 200-day moving average of $47.54. The firm has a market cap of $26.84 billion, a PE ratio of 25.21, a price-to-earnings-growth ratio of 2.22 and a beta of 0.47.

FirstEnergy (NYSE:FE) last released its 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 return on equity of 10.66% and a net margin of 6.86%.The company had revenue of $4.20 billion during the quarter, compared to analyst estimates of $3.80 billion. During the same quarter in the previous year, the company posted $0.67 EPS. FirstEnergy’s revenue for the quarter was up 11.6% on a year-over-year basis. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. As a group, sell-side analysts forecast that FirstEnergy Corporation will post 2.73 EPS for the current year.

Insider Activity

In other news, Director James F. Oneil sold 7,945 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $50.60, for a total value of $402,017.00. Following the completion of the sale, the director owned 1,869 shares of the company’s stock, 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 dated 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 directly owned 119,552 shares of the company’s stock, valued at approximately $6,089,978.88. This trade represents a 18.31% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 39,118 shares of company stock valued at $1,989,532. Insiders own 0.14% of the company’s stock.

FirstEnergy 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.