FirstEnergy Corporation $FE Shares Sold by Boston Partners

Boston Partners trimmed its holdings in FirstEnergy Corporation (NYSE:FE) by 3.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,785,936 shares of the utilities provider’s stock after selling 558,467 shares during the quarter. FirstEnergy comprises approximately 0.8% of Boston Partners’ portfolio, making the stock its 20th biggest position. Boston Partners’ holdings in FirstEnergy were worth $796,671,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Brighton Jones LLC purchased a new position in FirstEnergy in the fourth quarter worth $256,000. Integrated Wealth Concepts LLC acquired a new stake in shares of FirstEnergy during the first quarter valued at $289,000. Empowered Funds LLC boosted its stake in shares of FirstEnergy by 7.0% during the first quarter. Empowered Funds LLC now owns 11,213 shares of the utilities provider’s stock valued at $453,000 after acquiring an additional 732 shares during the last quarter. Woodline Partners LP boosted its stake in shares of FirstEnergy by 40.7% during the first quarter. Woodline Partners LP now owns 43,334 shares of the utilities provider’s stock valued at $1,752,000 after acquiring an additional 12,531 shares during the last quarter. Finally, Focus Partners Wealth boosted its stake in shares of FirstEnergy by 6.8% during the first quarter. Focus Partners Wealth now owns 21,178 shares of the utilities provider’s stock valued at $856,000 after acquiring an additional 1,340 shares during the last quarter. 89.41% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Wells Fargo & Company reissued an “overweight” rating and issued a $55.00 price target on shares of FirstEnergy in a research note on Tuesday, April 21st. Scotiabank reiterated an “outperform” rating on shares of FirstEnergy in a report on Thursday, February 19th. Jefferies Financial Group lifted their price objective on FirstEnergy from $50.00 to $52.00 and gave the stock a “hold” rating in a report on Tuesday, April 21st. Mizuho set a $51.00 target price on FirstEnergy in a research report on Thursday, February 19th. Finally, New Street Research set a $52.00 target price on FirstEnergy in a research report on Tuesday, April 21st. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $52.08.

FirstEnergy Stock Up 0.7%

Shares of FirstEnergy stock opened at $46.97 on Friday. The firm has a market capitalization of $27.17 billion, a PE ratio of 25.53, a price-to-earnings-growth ratio of 2.24 and a beta of 0.47. FirstEnergy Corporation has a 12-month low of $39.28 and a 12-month high of $52.34. The company has a quick ratio of 0.42, a current ratio of 0.52 and a debt-to-equity ratio of 1.87. The stock’s fifty day moving average is $47.51 and its 200-day moving average is $47.51.

FirstEnergy (NYSE:FE) last posted its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $0.72 earnings per share for the quarter, meeting the consensus estimate 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 firm earned $0.67 earnings per share. FirstEnergy’s quarterly revenue was up 11.6% on a year-over-year basis. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. Equities analysts anticipate that FirstEnergy Corporation will post 2.73 earnings per share for the current year.

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.