NEOS Investment Management LLC Has $3.15 Million Stake in FirstEnergy Corporation $FE

NEOS Investment Management LLC boosted its position in shares of FirstEnergy Corporation (NYSE:FE) by 47.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,833 shares of the utilities provider’s stock after acquiring an additional 22,130 shares during the quarter. NEOS Investment Management LLC’s holdings in FirstEnergy were worth $3,154,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. American National Bank & Trust increased its stake in shares of FirstEnergy by 380.2% during the 3rd quarter. American National Bank & Trust now owns 581 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 460 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new position in FirstEnergy during the third quarter worth about $27,000. TruNorth Capital Management LLC increased 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 buying an additional 405 shares during the last quarter. State of Wyoming bought a new stake in FirstEnergy in the second quarter valued at approximately $25,000. Finally, Caldwell Trust Co acquired a new stake in shares of FirstEnergy in the second quarter valued at approximately $35,000. Institutional investors own 89.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on FE. Weiss Ratings reissued a “buy (b-)” rating on shares of FirstEnergy in a research report on Monday, December 29th. Scotiabank reiterated an “outperform” rating on shares of FirstEnergy in a research note on Thursday. Morgan Stanley restated an “overweight” rating on shares of FirstEnergy in a research report on Wednesday, February 11th. Wells Fargo & Company lowered their target price on shares of FirstEnergy from $54.00 to $53.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Finally, Barclays dropped their price target on shares of FirstEnergy from $51.00 to $50.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, FirstEnergy presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.31.

FirstEnergy Stock Up 1.5%

Shares of FE opened at $49.69 on Friday. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.75 and a quick ratio of 0.64. FirstEnergy Corporation has a one year low of $37.58 and a one year high of $50.44. The company has a market cap of $28.70 billion, a P/E ratio of 28.23, a P/E/G ratio of 2.79 and a beta of 0.64. The firm has a 50 day simple moving average of $46.27 and a two-hundred day simple moving average of $45.52.

FirstEnergy (NYSE:FE) last posted its quarterly earnings results on Tuesday, February 17th. The utilities provider reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. The company had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $3.20 billion. FirstEnergy had a net margin of 6.76% and a return on equity of 10.47%. During the same period last year, the company posted $0.67 EPS. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. Research analysts forecast that FirstEnergy Corporation will post 2.66 EPS for the current fiscal year.

FirstEnergy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Thursday, May 7th will be given a dividend of $0.465 per share. The ex-dividend date is Thursday, May 7th. This represents a $1.86 annualized dividend and a yield of 3.7%. This is a boost from FirstEnergy’s previous quarterly dividend of $0.45. FirstEnergy’s dividend payout ratio is 77.73%.

More FirstEnergy News

Here are the key news stories impacting FirstEnergy this week:

• Positive Sentiment: Q4 2025 results beat expectations — FE reported $0.53 EPS vs. $0.52 consensus and revenue of $3.80B (above estimates); management hit the top end of 2025 guidance and set 2026 EPS guidance of $2.620–2.820, supporting the company’s earnings outlook. Read More.
• Positive Sentiment: Analyst upgrade/price-target lift — Scotiabank raised its price target from $55 to $56 and assigned a “sector outperform” rating, implying ~12.7% upside from current levels; this institutional support can buoy sentiment and buying interest. Read More.
• Positive Sentiment: Large grid-investment / capex outlook supports longer-term growth — Company commentary and coverage highlight a sizable capex plan (cited around $36B) to modernize the grid, which underpins revenue and rate-base growth. This underlies the company’s affirmed 2026 outlook. Read More.
• Positive Sentiment: Concrete reliability projects announced/completed — New/expanded substations: a Berks County project to strengthen service for 6,000+ customers and a completed Potomac Edison substation serving ~2,400 customers, demonstrating near-term execution of grid upgrades. Read More. Read More.
• Neutral Sentiment: Earnings-call materials and transcripts are available for deeper inspection — investors can review the transcript and presentation for management commentary on margins, rate cases and capex phasing. Read More. Read More.
• Negative Sentiment: Rising regulatory/political risk from PJM capacity-auction dynamics — Analysts flag that elevated PJM prices and policy changes could raise customer bills and complicate recovery of grid investments, introducing execution and regulatory risk to the outlook. Read More.

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.