FirstEnergy Corporation $FE Shares Sold by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund lessened its position in FirstEnergy Corporation (NYSE:FE) by 9.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 237,713 shares of the utilities provider’s stock after selling 24,648 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in FirstEnergy were worth $10,892,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. State of Wyoming purchased a new position in FirstEnergy in the 2nd quarter valued at $25,000. American National Bank & Trust lifted its stake in shares of FirstEnergy by 380.2% in the third quarter. American National Bank & Trust now owns 581 shares of the utilities provider’s stock worth $27,000 after buying an additional 460 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of FirstEnergy in the third quarter worth about $27,000. TruNorth Capital Management LLC boosted its position in FirstEnergy by 187.5% during the third quarter. TruNorth Capital Management LLC now owns 621 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 405 shares during the last quarter. Finally, Caldwell Trust Co purchased a new stake in FirstEnergy during the 2nd quarter valued at about $35,000. 89.41% of the stock is currently owned by hedge funds and other institutional investors.

FirstEnergy Stock Performance

Shares of FirstEnergy stock opened at $48.88 on Friday. The firm has a market cap of $28.23 billion, a PE ratio of 21.34, a price-to-earnings-growth ratio of 2.73 and a beta of 0.64. The company has a quick ratio of 0.64, a current ratio of 0.75 and a debt-to-equity ratio of 1.80. FirstEnergy Corporation has a 52 week low of $37.58 and a 52 week high of $49.23. The business’s fifty day simple moving average is $45.77 and its 200-day simple moving average is $45.26.

FirstEnergy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Thursday, May 7th will be paid a dividend of $0.465 per share. This represents a $1.86 annualized dividend and a yield of 3.8%. This is a boost from FirstEnergy’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, May 7th. FirstEnergy’s payout ratio is 77.73%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on FE shares. Wells Fargo & Company decreased their target price on shares of FirstEnergy from $54.00 to $53.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. Barclays reduced their price objective on FirstEnergy from $51.00 to $50.00 and set an “overweight” rating on the stock in a research report on Thursday, January 22nd. Mizuho raised their target price on FirstEnergy from $45.00 to $50.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Scotiabank lifted their price target on FirstEnergy from $49.00 to $51.00 and gave the stock a “sector outperform” rating in a report on Friday, October 24th. Finally, Morgan Stanley reissued an “overweight” rating on shares of FirstEnergy in a report on Wednesday. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $48.85.

FirstEnergy News Roundup

Here are the key news stories impacting FirstEnergy this week:

• Positive Sentiment: Board-approved dividend increase — FirstEnergy’s board raised the quarterly dividend to $0.465 (annualized $1.86), a 4.5% raise versus 2025, implying a ~3.8% yield and signaling management confidence in cash flow. This dividend bump is a direct support to income-focused investors. FirstEnergy Corp. Declares Increased Common Stock Dividend
• Positive Sentiment: Operational reliability improvement — JCP&L (a FirstEnergy utility) reached the midpoint of a $95M reliability upgrade program in New Jersey and reports fewer outages for thousands of customers, which reduces operational risk and outage-related costs and supports regulatory and customer relations. JCP&L Customers Experiencing Fewer Outages
• Neutral Sentiment: Routine board change — FirstEnergy reported the departure of director Melvin Williams; the company describes this as a routine governance update, unlikely to materially change strategy or near‑term performance. FirstEnergy announces routine board change as director departs
• Neutral Sentiment: Q4 and analyst coverage — Recent pieces (Zacks, Yahoo Finance) dig into Q4 estimates and analyst ratings; these previews could drive stock moves when full results or guidance are reassessed, but they don’t present new company-specific surprises yet. Unlocking Q4 Potential of FirstEnergy (FE) FirstEnergy Stock: Analyst Estimates & Ratings
• Neutral Sentiment: Valuation comparison — A Zacks comparison of FE vs. AEP highlights relative valuation metrics and could influence value‑oriented flows; it’s informational and may prompt re‑rating if investors prefer one utility over another. FE vs. AEP: Which Stock Is the Better Value Option?
• Neutral Sentiment: Customer safety advisory — FirstEnergy issued a seasonal safety reminder about metallic (foil) balloons causing outages; this is operationally prudent communications but not market-moving on its own. Love Is in the Air, But Foil Balloons Don’t Belong There

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.