Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 57,092 Shares of FirstEnergy Corporation $FE

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its holdings in shares of FirstEnergy Corporation (NYSE:FE) by 5.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 966,951 shares of the utilities provider’s stock after selling 57,092 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in FirstEnergy were worth $48,986,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in FE. State of Wyoming bought a new position in shares of FirstEnergy in the 2nd quarter valued at about $25,000. Olistico Wealth LLC purchased a new position in FirstEnergy during the 4th quarter valued at $31,000. DV Equities LLC bought a new stake in shares of FirstEnergy during the fourth quarter valued at approximately $33,000. Pinnacle Bancorp Inc. lifted its stake in FirstEnergy by 44.4% in the first quarter. Pinnacle Bancorp Inc. now owns 754 shares of the utilities provider’s stock worth $38,000 after acquiring an additional 232 shares during the period. Finally, Quest 10 Wealth Builders Inc. boosted its stake in shares of FirstEnergy by 507.9% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 766 shares of the utilities provider’s stock valued at $34,000 after purchasing an additional 640 shares in the last quarter. 89.41% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have commented on FE. Barclays increased their price target on shares of FirstEnergy from $50.00 to $53.00 and gave the company an “overweight” rating in a research report on Wednesday, April 8th. UBS Group lifted their price target on FirstEnergy from $50.00 to $51.00 and gave the stock a “neutral” rating in a research report on Thursday, June 11th. TD Cowen raised shares of FirstEnergy from a “hold” rating to a “buy” rating and dropped their price objective for the company from $56.00 to $53.00 in a report on Friday, May 15th. New Street Research set a $52.00 target price on FirstEnergy in a report on Tuesday, April 21st. Finally, Morgan Stanley restated an “overweight” rating and set a $52.00 price target on shares of FirstEnergy in a research report on Wednesday, June 24th. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $52.23.

FirstEnergy Price Performance

Shares of FE traded up $0.29 during mid-day trading on Friday, hitting $47.92. 1,772,128 shares of the company were exchanged, compared to its average volume of 3,795,127. The stock has a market cap of $27.72 billion, a price-to-earnings ratio of 26.04, a price-to-earnings-growth ratio of 2.29 and a beta of 0.47. The company has a 50 day moving average of $46.43 and a 200-day moving average of $47.81. FirstEnergy Corporation has a 1-year low of $40.01 and a 1-year 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.

FirstEnergy (NYSE:FE) last issued its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $0.72 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.72. FirstEnergy had a return on equity of 10.66% and a net margin of 6.86%.The firm had revenue of $4.20 billion for the quarter, compared to analyst estimates of $3.80 billion. During the same period in the previous year, the company posted $0.67 earnings per share. The business’s revenue was up 11.6% on a year-over-year basis. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. Analysts expect that FirstEnergy Corporation will post 2.74 EPS for the current fiscal year.

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.