Bollard Group LLC Purchases 11,816 Shares of FirstEnergy Corporation $FE

Bollard Group LLC grew its position in FirstEnergy Corporation (NYSE:FE) by 5.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 228,352 shares of the utilities provider’s stock after purchasing an additional 11,816 shares during the quarter. Bollard Group LLC’s holdings in FirstEnergy were worth $10,463,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Federated Hermes Inc. boosted its stake in FirstEnergy by 198.1% in the 2nd quarter. Federated Hermes Inc. now owns 6,888,967 shares of the utilities provider’s stock worth $277,350,000 after purchasing an additional 4,578,375 shares in the last quarter. Boston Partners grew its position in FirstEnergy by 13.5% during the 3rd quarter. Boston Partners now owns 18,344,403 shares of the utilities provider’s stock worth $841,161,000 after purchasing an additional 2,185,400 shares during the last quarter. Marshall Wace LLP increased its stake in FirstEnergy by 128.5% during the 3rd quarter. Marshall Wace LLP now owns 3,275,409 shares of the utilities provider’s stock valued at $150,079,000 after purchasing an additional 1,841,946 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of FirstEnergy by 104.3% in the third quarter. Victory Capital Management Inc. now owns 3,528,747 shares of the utilities provider’s stock worth $161,687,000 after buying an additional 1,801,729 shares during the last quarter. Finally, Balyasny Asset Management L.P. lifted its stake in shares of FirstEnergy by 5,885.7% during the third quarter. Balyasny Asset Management L.P. now owns 1,251,001 shares of the utilities provider’s stock worth $57,321,000 after buying an additional 1,230,101 shares during the period. Hedge funds and other institutional investors own 89.41% of the company’s stock.

FirstEnergy Stock Up 0.7%

FirstEnergy stock opened at $51.17 on Friday. The business’s 50-day moving average price is $48.21 and its 200 day moving average price is $46.34. The company has a quick ratio of 0.46, a current ratio of 0.57 and a debt-to-equity ratio of 1.83. The firm has a market cap of $29.57 billion, a price-to-earnings ratio of 29.07, a price-to-earnings-growth ratio of 2.69 and a beta of 0.61. FirstEnergy Corporation has a 52 week low of $37.58 and a 52 week high of $51.75.

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

FirstEnergy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Thursday, May 7th will be paid a $0.465 dividend. The ex-dividend date is Thursday, May 7th. This represents a $1.86 annualized dividend and a dividend yield of 3.6%. This is an increase from FirstEnergy’s previous quarterly dividend of $0.45. FirstEnergy’s dividend payout ratio (DPR) is presently 101.14%.

Insider Activity at FirstEnergy

In other FirstEnergy news, CAO Jason Lisowski sold 3,000 shares of FirstEnergy stock in a transaction on 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 owned 7,176 shares of the company’s stock, valued at approximately $364,827.84. The trade was a 29.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director James F. Oneil sold 7,945 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $50.60, for a total transaction of $402,017.00. Following the completion of the transaction, the director owned 1,869 shares of the company’s stock, valued at approximately $94,571.40. This trade represents a 80.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 39,118 shares of company stock worth $1,989,532 in the last three months. Company insiders own 0.17% of the company’s stock.

More FirstEnergy News

Here are the key news stories impacting FirstEnergy this week:

• Positive Sentiment: JPMorgan raised its price target on FE to $55 (from $50) while keeping a “neutral” rating — the new target implies roughly mid-single-digit upside from recent levels and provides near-term analyst support for the stock. Article Title
• Positive Sentiment: FirstEnergy plans to invest about $950 million in Ohio and Pennsylvania grid upgrades — a sizable capital program that should grow the regulated rate base, improve reliability, and support long‑term earnings/stability for a utility. Investors typically view transmission/distribution upgrades as earnings-accretive over time when recoverable through regulators. Article Title
• Positive Sentiment: Market filings and company notices show FirstEnergy increased its quarterly dividend to $0.465 (annualized $1.86, ~3.6% yield), which supports income-focused investor interest and helps underpin the stock’s defensive appeal.
• Neutral Sentiment: FirstEnergy issued a storm-preparedness notice as crews stand ready for high winds across its service territory — operationally positive for outage response but routine and unlikely to move fundamentals unless major damage occurs. Article Title
• Negative Sentiment: Insider selling: CFO Jon Taylor sold 26,800 shares (~$1.36M at ~$50.94) and director James F. Oneil sold 7,945 shares (~$402k at $50.60) in recent Form 4 filings. Large insider disposals can pressure sentiment even if they’re for personal liquidity or diversification. CFO Form 4 Director Form 4

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on FE shares. Scotiabank reissued an “outperform” rating on shares of FirstEnergy in a report on Thursday, February 19th. Wolfe Research upgraded FirstEnergy from a “peer perform” rating to an “outperform” rating and set a $50.00 target price for the company in a research note on Tuesday, January 27th. Mizuho set a $51.00 price target on FirstEnergy in a research report on Thursday, February 19th. UBS Group cut their price objective on FirstEnergy from $49.00 to $46.00 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. Finally, JPMorgan Chase & Co. raised their price objective on FirstEnergy from $50.00 to $55.00 and gave the stock a “neutral” rating in a research note on Thursday. Eight analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $49.71.

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.