Strategic Investment Advisors MI Invests $1.31 Million in FirstEnergy Corporation $FE

Strategic Investment Advisors MI purchased a new stake in shares of FirstEnergy Corporation (NYSE:FE) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 25,843 shares of the utilities provider’s stock, valued at approximately $1,309,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in FirstEnergy by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 68,109,341 shares of the utilities provider’s stock worth $3,049,255,000 after acquiring an additional 761,157 shares in the last quarter. Boston Partners increased its position in FirstEnergy by 13.5% during the 3rd quarter. Boston Partners now owns 18,344,403 shares of the utilities provider’s stock valued at $841,161,000 after purchasing an additional 2,185,400 shares during the period. Geode Capital Management LLC raised its holdings in shares of FirstEnergy by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 13,463,298 shares of the utilities provider’s stock valued at $600,351,000 after purchasing an additional 126,834 shares in the last quarter. Invesco Ltd. raised its holdings in shares of FirstEnergy by 0.3% in the 4th quarter. Invesco Ltd. now owns 11,722,471 shares of the utilities provider’s stock valued at $524,815,000 after purchasing an additional 34,014 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its holdings in shares of FirstEnergy by 7.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 9,971,706 shares of the utilities provider’s stock valued at $508,158,000 after purchasing an additional 694,449 shares in the last quarter. 89.41% of the stock is currently owned by institutional investors.

More FirstEnergy News

Here are the key news stories impacting FirstEnergy this week:

• Positive Sentiment: Strong Q2 performance: FirstEnergy reported quarterly earnings in line with consensus and revenue of $3.68 billion, above the $3.51 billion estimate. Transmission growth and higher electricity demand supported the results. FirstEnergy Q2 Earnings Beat Estimates on Strong Transmission Growth
• Positive Sentiment: Data-center demand is a major catalyst: Growing electricity needs from data centers are improving the outlook for FirstEnergy’s transmission and distribution investments, potentially supporting rate-base growth and earnings over time. The shares also reached a technical buy point, indicating constructive momentum from some market participants. Data centers boost FirstEnergy prospects
• Positive Sentiment: Guidance and strategy reaffirmed: Management maintained its earnings outlook and emphasized long-term grid modernization, transmission expansion and regulatory investment plans. That supports the company’s profile as a regulated utility with relatively visible future cash flows. FirstEnergy Reports Strong Second Quarter 2026 Results
• Neutral Sentiment: Valuation remains debated: Analysts and market commentary differ on whether FE is undervalued after earnings. At roughly 26 times earnings, the stock may require continued execution and sustained demand growth to justify further gains. Is FirstEnergy Undervalued After Its Q2 2026 Earnings Update?
• Negative Sentiment: Investment and balance-sheet risks remain: FirstEnergy’s grid expansion requires significant capital spending, while its debt-to-equity ratio of 1.88 and low liquidity ratios could limit financial flexibility. Regulatory approval and execution are also important to realizing the expected benefits.

FirstEnergy Stock Performance

Shares of FirstEnergy stock opened at $48.76 on Friday. The company has a market capitalization of $28.21 billion, a PE ratio of 25.93, a P/E/G ratio of 2.35 and a beta of 0.47. The company has a 50-day simple moving average of $47.54 and a two-hundred day simple moving average of $48.25. FirstEnergy Corporation has a one year low of $41.87 and a one year high of $52.34. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.42 and a current ratio of 0.54.

FirstEnergy (NYSE:FE) last released its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50. FirstEnergy had a net margin of 6.86% and a return on equity of 10.51%. The business had revenue of $3.68 billion for the quarter, compared to analysts’ expectations of $3.51 billion. During the same period last year, the business earned $0.52 EPS. Research analysts expect that FirstEnergy Corporation will post 2.73 EPS for the current fiscal year.

FirstEnergy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be given a dividend of $0.465 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $1.86 dividend on an annualized basis and a yield of 3.8%. FirstEnergy’s dividend payout ratio is presently 101.09%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of FirstEnergy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, June 17th. Wells Fargo & Company reissued an “overweight” rating and issued a $55.00 price objective on shares of FirstEnergy in a research note on Tuesday, April 21st. TD Cowen upgraded FirstEnergy from a “hold” rating to a “buy” rating and lowered their target price for the stock from $56.00 to $53.00 in a report on Friday, May 15th. UBS Group increased their target price on FirstEnergy from $50.00 to $51.00 and gave the company a “neutral” rating in a research report on Thursday, June 11th. Finally, Wolfe Research downgraded FirstEnergy from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $52.92.

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.