Rep. Dan Newhouse Purchases FirstEnergy Corporation (NYSE:FE) Shares

Representative Dan Newhouse (Republican-Washington) recently bought shares of FirstEnergy Corporation (NYSE:FE). In a filing disclosed on July 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in FirstEnergy stock on July 10th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
  • Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
  • Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
  • Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
  • Sold $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 7/10/2026.
  • Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 7/10/2026.
  • Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
  • Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
  • Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 7/10/2026.
  • Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 7/10/2026.

FirstEnergy Stock Performance

NYSE:FE traded down $0.32 during mid-day trading on Tuesday, hitting $48.22. The stock had a trading volume of 231,338 shares, compared to its average volume of 4,774,580. FirstEnergy Corporation has a twelve month low of $41.03 and a twelve month high of $52.34. The stock has a market cap of $27.89 billion, a price-to-earnings ratio of 26.20, a PEG ratio of 2.32 and a beta of 0.47. The company’s 50 day simple moving average is $46.82 and its 200 day simple moving average is $48.00. 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:FEGet Free Report) last released its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $0.72 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.72. The company had revenue of $4.20 billion during the quarter, compared to analysts’ expectations of $3.80 billion. FirstEnergy had a return on equity of 10.66% and a net margin of 6.86%.The business’s revenue was up 11.6% on a year-over-year basis. During the same period last year, the firm posted $0.67 earnings per share. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. On average, equities research analysts forecast that FirstEnergy Corporation will post 2.74 earnings per share for the current year.

Institutional Trading of FirstEnergy

Several large investors have recently bought and sold shares of the business. Brighton Jones LLC bought a new position in FirstEnergy in the 4th quarter valued at approximately $256,000. Integrated Wealth Concepts LLC bought a new position in FirstEnergy in the first quarter valued at about $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 purchasing an additional 732 shares in the last quarter. Woodline Partners LP increased its stake in shares of FirstEnergy by 40.7% in the first quarter. Woodline Partners LP now owns 43,334 shares of the utilities provider’s stock valued at $1,752,000 after buying an additional 12,531 shares during the period. Finally, Focus Partners Wealth raised its holdings in FirstEnergy by 6.8% in the 1st quarter. Focus Partners Wealth now owns 21,178 shares of the utilities provider’s stock valued at $856,000 after buying an additional 1,340 shares during the last quarter. 89.41% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. TD Cowen upgraded FirstEnergy from a “hold” rating to a “buy” rating and cut their price target for the company from $56.00 to $53.00 in a research note on Friday, May 15th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $55.00 price objective on shares of FirstEnergy in a report on Tuesday, April 21st. Jefferies Financial Group upped their target price on FirstEnergy from $50.00 to $52.00 and gave the company a “hold” rating in a research report on Tuesday, April 21st. New Street Research set a $52.00 price target on FirstEnergy in a research report on Tuesday, April 21st. Finally, Barclays upped their price objective on shares of FirstEnergy from $53.00 to $55.00 and gave the stock an “overweight” rating in a research report on Monday. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $52.92.

Read Our Latest Report on FE

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

FirstEnergy Company Profile

(Get Free Report)

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.

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