FirstEnergy Corporation $FE Stock Position Lessened by Quadcap Wealth Management LLC

Quadcap Wealth Management LLC trimmed its holdings in shares of FirstEnergy Corporation (NYSE:FE) by 49.4% during the first quarter, Holdings Channel.com reports. The firm owned 14,684 shares of the utilities provider’s stock after selling 14,362 shares during the quarter. Quadcap Wealth Management LLC’s holdings in FirstEnergy were worth $744,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of FE. State of Wyoming acquired a new stake in FirstEnergy in the second quarter worth about $25,000. DV Equities LLC acquired a new position in FirstEnergy during the 4th quarter valued at about $33,000. Quest 10 Wealth Builders Inc. increased its stake in FirstEnergy by 507.9% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 766 shares of the utilities provider’s stock valued at $34,000 after buying an additional 640 shares during the period. Summit Securities Group LLC raised its position in shares of FirstEnergy by 148.0% during the 4th quarter. Summit Securities Group LLC now owns 771 shares of the utilities provider’s stock worth $35,000 after buying an additional 2,376 shares in the last quarter. Finally, Pinnacle Bancorp Inc. raised its position in shares of FirstEnergy by 44.4% during the 1st quarter. Pinnacle Bancorp Inc. now owns 754 shares of the utilities provider’s stock worth $38,000 after buying an additional 232 shares in the last quarter. 89.41% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

FE has been the subject of several recent analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of FirstEnergy in a report on Wednesday. New Street Research set a $52.00 target price on FirstEnergy in a report on Tuesday, April 21st. UBS Group upped their target price on FirstEnergy from $50.00 to $51.00 and gave the stock a “neutral” rating in a research report on Thursday, June 11th. Wolfe Research lowered FirstEnergy from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Weiss Ratings cut FirstEnergy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, June 17th. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $52.92.

FirstEnergy Stock Performance

NYSE:FE opened at $49.91 on Monday. The company has a 50-day moving average of $47.21 and a 200-day moving average of $48.12. The firm has a market cap of $28.87 billion, a price-to-earnings ratio of 27.12, a price-to-earnings-growth ratio of 2.39 and a beta of 0.47. The company has a current ratio of 0.52, a quick ratio of 0.42 and a debt-to-equity ratio of 1.87. FirstEnergy Corporation has a twelve month low of $41.30 and a twelve month high of $52.34.

FirstEnergy (NYSE:FE) last released its earnings results on Tuesday, April 28th. The utilities provider reported $0.72 EPS for the quarter, hitting analysts’ consensus estimates of $0.72. FirstEnergy had a net margin of 6.86% and a return on equity of 10.66%. The business had revenue of $4.20 billion for the quarter, compared to the consensus estimate of $3.80 billion. During the same period in the previous year, the firm earned $0.67 EPS. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. Analysts forecast that FirstEnergy Corporation will post 2.73 earnings per share for the current fiscal year.

FirstEnergy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be issued a $0.465 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $1.86 annualized dividend and a dividend yield of 3.7%. FirstEnergy’s dividend payout ratio is currently 101.09%.

FirstEnergy News Roundup

Here are the key news stories impacting FirstEnergy this week:

• Positive Sentiment: Wells Fargo initiated/maintained a Buy stance on FirstEnergy, signaling renewed analyst confidence in the utility’s outlook. FirstEnergy (FE) Receives a Buy from Wells Fargo
• Positive Sentiment: KeyCorp raised longer-term earnings estimates for FY2028, FY2029 and FY2030, suggesting expectations for steady earnings growth over time.
• Positive Sentiment: FirstEnergy declared a quarterly dividend of $0.465 per share with a roughly 3.8% annualized yield, reinforcing its appeal to income-focused investors.
• Neutral Sentiment: KeyCorp trimmed its FY2026 EPS estimate slightly to $2.72 from $2.73, but that is still close to the current consensus of $2.74 and does not materially change the near-term outlook.
• Neutral Sentiment: KeyCorp’s near-term quarter estimates imply mixed results, including Q2 EPS of $0.47 and Q3 EPS of $0.98, leaving investors focused on whether upcoming earnings can beat expectations.
• Neutral Sentiment: In a preview of upcoming results, analysts expect Q2 revenue to rise about 6.28% on load growth and grid investment, while EPS may decline modestly, a mixed but not alarming setup ahead of reporting. FirstEnergy to Report Q2 Earnings: What’s in Store for the Stock?

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.