Several analysts have recently updated their ratings and price targets for FirstEnergy (NYSE: FE):
- 5/4/2026 – FirstEnergy was downgraded by Wolfe Research from “strong-buy” to “hold”.
- 4/29/2026 – FirstEnergy was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 4/21/2026 – FirstEnergy was given a new $52.00 price target by New Street Research.
- 4/21/2026 – FirstEnergy had its price target raised by Jefferies Financial Group Inc. from $50.00 to $52.00. They now have a “hold” rating on the stock.
- 4/21/2026 – FirstEnergy had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $55.00 price target on the stock.
- 4/16/2026 – FirstEnergy is now covered by TD Cowen. They set a “hold” rating and a $56.00 price target on the stock.
- 4/8/2026 – FirstEnergy had its price target raised by Barclays PLC from $50.00 to $53.00. They now have an “overweight” rating on the stock.
- 3/30/2026 – FirstEnergy was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 3/12/2026 – FirstEnergy had its price target raised by JPMorgan Chase & Co. from $50.00 to $55.00. They now have a “neutral” rating on the stock.
FirstEnergy Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Thursday, May 7th will be given a dividend of $0.465 per share. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.1%. This is a positive change from FirstEnergy’s previous quarterly dividend of $0.45. The ex-dividend date is Thursday, May 7th. FirstEnergy’s dividend payout ratio is 96.74%.
Insider Transactions at FirstEnergy
In other news, CFO Jon Taylor K. sold 26,800 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief financial officer directly owned 119,552 shares in the company, valued at $6,089,978.88. This trade represents a 18.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James F. Oneil sold 7,945 shares of FirstEnergy 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 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 39,118 shares of company stock worth $1,989,532 over the last ninety days. 0.14% of the stock is owned by insiders.
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.
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