FirstEnergy Corporation $FE Shares Sold by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC decreased its holdings in FirstEnergy Corporation (NYSE:FE) by 12.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 201,983 shares of the utilities provider’s stock after selling 28,246 shares during the quarter. New Age Alpha Advisors LLC’s holdings in FirstEnergy were worth $9,043,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. State of Wyoming acquired a new position in FirstEnergy in the second quarter worth approximately $25,000. Olistico Wealth LLC acquired a new position in FirstEnergy in the fourth quarter worth approximately $31,000. Quest 10 Wealth Builders Inc. grew its position in FirstEnergy by 507.9% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 766 shares of the utilities provider’s stock worth $34,000 after buying an additional 640 shares during the last quarter. Networth Advisors LLC acquired a new position in FirstEnergy in the fourth quarter worth approximately $40,000. Finally, GoalVest Advisory LLC grew its position in FirstEnergy by 145.2% in the fourth quarter. GoalVest Advisory LLC now owns 1,091 shares of the utilities provider’s stock worth $49,000 after buying an additional 646 shares during the last quarter. Institutional investors and hedge funds own 89.41% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Wolfe Research cut shares of FirstEnergy from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Barclays lifted their price objective on shares of FirstEnergy from $50.00 to $53.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 8th. Morgan Stanley reiterated an “overweight” rating on shares of FirstEnergy in a research report on Wednesday, February 11th. Jefferies Financial Group lifted their price objective on shares of FirstEnergy from $50.00 to $52.00 and gave the stock a “hold” rating in a research report on Tuesday, April 21st. Finally, TD Cowen upgraded shares of FirstEnergy from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $56.00 to $53.00 in a research report on Friday, May 15th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $51.69.

Insider Buying and Selling at FirstEnergy

In other FirstEnergy news, Director James F. Oneil sold 7,945 shares of FirstEnergy stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $50.60, for a total transaction of $402,017.00. Following the completion of the sale, the director owned 1,869 shares of the company’s stock, valued at $94,571.40. This trade represents a 80.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Jason Lisowski sold 1,373 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 transaction of $69,803.32. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 39,118 shares of company stock valued at $1,989,532 in the last quarter. Company insiders own 0.14% of the company’s stock.

FirstEnergy Trading Up 0.1%

NYSE FE opened at $46.35 on Monday. FirstEnergy Corporation has a twelve month low of $39.28 and a twelve month high of $52.34. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.42 and a current ratio of 0.52. The stock has a market cap of $26.81 billion, a price-to-earnings ratio of 25.19, a PEG ratio of 2.22 and a beta of 0.48. The firm’s 50 day moving average price is $48.73 and its two-hundred day moving average price is $47.52.

FirstEnergy (NYSE:FE) last posted its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $0.72 earnings per share for the quarter, hitting the consensus estimate of $0.72. FirstEnergy had a net margin of 6.86% and a return on equity of 10.66%. The firm had revenue of $4.20 billion for the quarter, compared to analysts’ expectations of $3.80 billion. During the same period in the previous year, the company posted $0.67 EPS. The company’s quarterly revenue was up 11.6% compared to the same quarter last year. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. Equities analysts anticipate that FirstEnergy Corporation will post 2.73 EPS for the current year.

FirstEnergy Company 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.