Jason Lisowski Sells 3,000 Shares of FirstEnergy (NYSE:FE) Stock

FirstEnergy Corporation (NYSE:FE) CAO Jason Lisowski sold 3,000 shares of FirstEnergy stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $50.84, for a total value of $152,520.00. Following the completion of the transaction, the chief accounting officer directly owned 7,176 shares of the company’s stock, valued at $364,827.84. This represents a 29.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Jason Lisowski also recently made the following trade(s):

• On Friday, March 6th, Jason Lisowski sold 1,373 shares of FirstEnergy stock. The shares were sold at an average price of $50.84, for a total transaction of $69,803.32.

FirstEnergy Price Performance

Shares of FE stock traded down $0.33 during trading hours on Tuesday, reaching $50.64. 2,824,415 shares of the company were exchanged, compared to its average volume of 4,686,872. FirstEnergy Corporation has a fifty-two week low of $37.58 and a fifty-two week high of $51.39. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.57 and a quick ratio of 0.46. The stock’s fifty day moving average is $47.74 and its two-hundred day moving average is $46.16. The company has a market cap of $29.26 billion, a price-to-earnings ratio of 19.98, a P/E/G ratio of 2.68 and a beta of 0.61.

FirstEnergy (NYSE:FE) last announced its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. The firm had revenue of $3.80 billion for the quarter, compared to analyst estimates of $3.20 billion. FirstEnergy had a return on equity of 10.50% and a net margin of 6.76%.During the same period last year, the company earned $0.67 EPS. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. Sell-side analysts forecast that FirstEnergy Corporation will post 2.66 earnings per share for the current fiscal year.

FirstEnergy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Thursday, May 7th will be paid a $0.465 dividend. This is a boost from FirstEnergy’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, May 7th. This represents a $1.86 annualized dividend and a dividend yield of 3.7%. FirstEnergy’s payout ratio is 101.14%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on FE shares. Scotiabank reaffirmed an “outperform” rating on shares of FirstEnergy in a report on Thursday, February 19th. Wells Fargo & Company decreased their price objective on FirstEnergy from $54.00 to $53.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Weiss Ratings downgraded FirstEnergy from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, February 19th. Morgan Stanley restated an “overweight” rating on shares of FirstEnergy in a research report on Wednesday, February 11th. Finally, UBS Group cut their price target on shares of FirstEnergy from $49.00 to $46.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $49.31.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC bought a new position in shares of FirstEnergy during the 4th quarter valued at about $256,000. Integrated Wealth Concepts LLC acquired a new stake in FirstEnergy during the 1st quarter worth approximately $289,000. Empowered Funds LLC raised its holdings in FirstEnergy by 7.0% during the 1st quarter. Empowered Funds LLC now owns 11,213 shares of the utilities provider’s stock worth $453,000 after buying an additional 732 shares during the period. Woodline Partners LP lifted its stake in FirstEnergy by 40.7% in the first quarter. Woodline Partners LP now owns 43,334 shares of the utilities provider’s stock valued at $1,752,000 after buying an additional 12,531 shares in the last quarter. Finally, Focus Partners Wealth lifted its stake in FirstEnergy by 6.8% in the first quarter. Focus Partners Wealth now owns 21,178 shares of the utilities provider’s stock valued at $856,000 after buying an additional 1,340 shares in the last quarter. 89.41% of the stock is owned by institutional investors and hedge funds.

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.