James Oneil Sells 7,945 Shares of FirstEnergy (NYSE:FE) Stock

FirstEnergy Corporation (NYSE:FE) Director James Oneil sold 7,945 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $50.60, for a total value of $402,017.00. Following the transaction, the director directly 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 sale was disclosed in a filing with the SEC, which can be accessed through this link.

FirstEnergy Stock Up 0.7%

Shares of FE stock opened at $51.17 on Friday. FirstEnergy Corporation has a 1 year low of $37.58 and a 1 year high of $51.75. The stock has a market cap of $29.57 billion, a PE ratio of 29.07, a price-to-earnings-growth ratio of 2.69 and a beta of 0.61. The business’s fifty day moving average is $48.21 and its 200-day moving average is $46.34. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.46 and a current ratio of 0.57.

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

FirstEnergy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Thursday, May 7th will be issued a $0.465 dividend. This represents a $1.86 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Thursday, May 7th. This is a positive change from FirstEnergy’s previous quarterly dividend of $0.45. FirstEnergy’s dividend payout ratio is currently 101.14%.

Institutional Trading of FirstEnergy

Hedge funds have recently bought and sold shares of the company. Federated Hermes Inc. increased its position in shares of FirstEnergy by 198.1% in the second quarter. Federated Hermes Inc. now owns 6,888,967 shares of the utilities provider’s stock worth $277,350,000 after acquiring an additional 4,578,375 shares in the last quarter. Eurizon Capital SGR S.p.A. purchased a new stake in shares of FirstEnergy in the 4th quarter valued at approximately $123,018,000. BROOKFIELD Corp ON acquired a new position in FirstEnergy in the 4th quarter worth approximately $110,332,000. Boston Partners boosted its stake in FirstEnergy by 13.5% in 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 period. Finally, Victory Capital Management Inc. grew its position in FirstEnergy by 56.0% during the 4th quarter. Victory Capital Management Inc. now owns 5,506,251 shares of the utilities provider’s stock worth $246,515,000 after purchasing an additional 1,977,504 shares in the last quarter. 89.41% of the stock is owned by hedge funds and other institutional investors.

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

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of FirstEnergy from $50.00 to $55.00 and gave the stock a “neutral” rating in a research note on Thursday. Wells Fargo & Company reduced their target price on shares of FirstEnergy from $54.00 to $53.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Barclays decreased their price target on shares of FirstEnergy from $51.00 to $50.00 and set an “overweight” rating on the stock in a research report on Thursday, January 22nd. UBS Group dropped their price target on FirstEnergy from $49.00 to $46.00 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. Finally, Scotiabank reissued an “outperform” rating on shares of FirstEnergy in a research note on Thursday, February 19th. Eight investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target 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.