FirstEnergy Corporation $FE Shares Sold by Zions Bancorporation National Association UT

Zions Bancorporation National Association UT trimmed its position in FirstEnergy Corporation (NYSE:FE) by 20.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 129,402 shares of the utilities provider’s stock after selling 33,461 shares during the period. Zions Bancorporation National Association UT’s holdings in FirstEnergy were worth $5,929,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. American National Bank & Trust increased its holdings in shares of FirstEnergy by 380.2% in the 3rd 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. acquired a new position in FirstEnergy in the third quarter worth $27,000. TruNorth Capital Management LLC increased its stake in FirstEnergy by 187.5% during the third quarter. TruNorth Capital Management LLC now owns 621 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 405 shares during the last quarter. State of Wyoming acquired a new stake in shares of FirstEnergy during the second quarter worth $25,000. Finally, Caldwell Trust Co acquired a new stake in shares of FirstEnergy during the second quarter worth $35,000. Institutional investors and hedge funds own 89.41% of the company’s stock.

More FirstEnergy News

Here are the key news stories impacting FirstEnergy this week:

• Positive Sentiment: Mon Power and Potomac Edison (subsidiaries of FirstEnergy) selected a 35‑acre site in Maidsville, WV for a new natural‑gas power plant to be sited next to Fort Martin — part of the company’s approved Integrated Resource Plan to add gas and solar capacity to support reliability and affordability. Mon Power and Potomac Edison Select Maidsville, West Virginia, Site for New Natural Gas Power Plant
• Positive Sentiment: FirstEnergy raised its quarterly dividend ~4.5% (new quarterly payment $0.465; yield ~3.8%), signaling cash‑flow support for shareholders and making the stock more attractive to income investors.
• Positive Sentiment: Jersey Central Power & Light (a FirstEnergy utility) reported fewer outages as its $95M New Jersey Reliability Improvement Project reached the midpoint, which supports service reliability and reduces regulatory/credit risk. JCP&L Customers Experiencing Fewer Outages as $95 Million Reliability Project Reaches Midpoint
• Positive Sentiment: Analysts/coverage: brokerages have given FE a consensus “Moderate Buy,” and investment write‑ups highlighted FirstEnergy as a sales‑growth pick alongside other names — both items can support demand from institutional and retail buyers. FirstEnergy Corporation (NYSE:FE) Given Consensus Recommendation of “Moderate Buy” by Brokerages 3 Sales Growth Stocks to Buy Despite AI-Linked Market Turbulence
• Neutral Sentiment: Relative performance pieces note FE has been competitive with utilities peers this year and is being compared to AEP on valuation — useful context for investors but not an immediate catalyst. Is FirstEnergy (FE) Stock Outpacing Its Utilities Peers This Year? FE vs. AEP: Which Stock Is the Better Value Option?
• Neutral Sentiment: Corporate governance update: a routine board departure was announced (director Melvin Williams notified the company he was leaving), described as a routine board change — monitor for any follow‑up governance developments but not an immediate negative. FirstEnergy announces routine board change as director departs

Analyst Upgrades and Downgrades

FE has been the subject of several research reports. Morgan Stanley reaffirmed an “overweight” rating on shares of FirstEnergy in a report on Wednesday. Weiss Ratings reissued a “buy (b-)” rating on shares of FirstEnergy in a report on Monday, December 29th. UBS Group lowered their target price on FirstEnergy from $49.00 to $46.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Barclays dropped their price target on FirstEnergy from $51.00 to $50.00 and set an “overweight” rating on the stock in a research report on Thursday, January 22nd. Finally, Scotiabank boosted their price objective on FirstEnergy from $49.00 to $51.00 and gave the company a “sector outperform” rating in a research report on Friday, October 24th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, FirstEnergy presently has an average rating of “Moderate Buy” and a consensus target price of $48.85.

FirstEnergy Price Performance

NYSE FE opened at $50.01 on Monday. The company has a 50-day moving average price of $45.87 and a two-hundred day moving average price of $45.37. FirstEnergy Corporation has a 52 week low of $37.58 and a 52 week high of $50.14. The stock has a market cap of $28.89 billion, a price-to-earnings ratio of 21.84, a price-to-earnings-growth ratio of 2.86 and a beta of 0.64. The company has a current ratio of 0.75, a quick ratio of 0.64 and a debt-to-equity ratio of 1.80.

FirstEnergy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Thursday, May 7th will be given a dividend of $0.465 per share. This is a boost from FirstEnergy’s previous quarterly dividend of $0.45. The ex-dividend date is Thursday, May 7th. This represents a $1.86 dividend on an annualized basis and a yield of 3.7%. FirstEnergy’s payout ratio is presently 77.73%.

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.