FirstEnergy (NYSE:FE) CAO Jason Lisowski Sells 3,000 Shares

FirstEnergy Corporation (NYSE:FE) CAO Jason Lisowski sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $50.84, for a total value of $152,520.00. Following the completion of the sale, the chief accounting officer directly owned 7,176 shares in the company, valued at $364,827.84. This trade represents a 29.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Jason Lisowski also recently made the following trade(s):

• On Friday, March 6th, Jason Lisowski sold 1,373 shares of FirstEnergy stock. The stock was sold at an average price of $50.84, for a total value of $69,803.32.

FirstEnergy Stock Performance

Shares of FE stock traded down $0.33 during trading hours on Tuesday, reaching $50.64. 2,824,415 shares of the company’s stock were exchanged, compared to its average volume of 4,686,872. FirstEnergy Corporation has a fifty-two week low of $37.58 and a fifty-two week high of $51.39. The company has a quick ratio of 0.46, a current ratio of 0.57 and a debt-to-equity ratio of 1.83. The stock has a market capitalization of $29.26 billion, a P/E ratio of 19.98, a P/E/G ratio of 2.68 and a beta of 0.61. The business has a fifty day moving average price of $47.74 and a 200-day moving average price of $46.16.

FirstEnergy (NYSE:FE) last announced its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.01. The business 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 10.50%. During the same quarter last year, the company posted $0.67 earnings per share. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. Analysts predict that FirstEnergy Corporation will post 2.66 EPS for the current fiscal year.

FirstEnergy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Thursday, May 7th will be paid a $0.465 dividend. The ex-dividend date is Thursday, May 7th. This is a boost from FirstEnergy’s previous quarterly dividend of $0.45. This represents a $1.86 annualized dividend and a dividend yield of 3.7%. FirstEnergy’s dividend payout ratio is 101.14%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on FE shares. Mizuho set a $51.00 price objective on FirstEnergy in a report on Thursday, February 19th. Barclays cut their target price on FirstEnergy from $51.00 to $50.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. Scotiabank reiterated an “outperform” rating on shares of FirstEnergy in a research note on Thursday, February 19th. Morgan Stanley reissued an “overweight” rating on shares of FirstEnergy in a report on Wednesday, February 11th. Finally, UBS Group reduced their price objective on shares of FirstEnergy from $49.00 to $46.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, FirstEnergy presently has an average rating of “Moderate Buy” and a consensus target price of $49.31.

Institutional Investors Weigh In On FirstEnergy

Large investors have recently made changes to their positions in the company. American National Bank & Trust raised 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 valued at $27,000 after acquiring an additional 460 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new stake in FirstEnergy during the 3rd quarter worth approximately $27,000. TruNorth Capital Management LLC grew its position in FirstEnergy by 187.5% during the 3rd 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. State of Wyoming acquired a new stake in FirstEnergy during the 2nd quarter valued at $25,000. Finally, Olistico Wealth LLC bought a new position in FirstEnergy in the 4th quarter valued at $31,000. Institutional investors own 89.41% of the company’s stock.

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.