FirstEnergy Corporation (NYSE:FE) Given Average Rating of “Moderate Buy” by Analysts

FirstEnergy Corporation (NYSE:FE) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen analysts that are presently covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $52.2308.

Several analysts have issued reports on FE shares. UBS Group increased their price objective on shares of FirstEnergy from $50.00 to $51.00 and gave the company a “neutral” rating in a research report on Thursday, June 11th. Jefferies Financial Group raised their price target on shares of FirstEnergy from $50.00 to $52.00 and gave the stock a “hold” rating in a research report on Tuesday, April 21st. Weiss Ratings lowered shares of FirstEnergy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, June 17th. JPMorgan Chase & Co. upped their price target on shares of FirstEnergy from $50.00 to $55.00 and gave the stock a “neutral” rating in a research report on Thursday, March 12th. Finally, Wolfe Research downgraded shares of FirstEnergy from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th.

Institutional Investors Weigh In On FirstEnergy

A number of institutional investors have recently added to or reduced their stakes in the company. Capital World Investors grew its stake in shares of FirstEnergy by 0.4% in the 3rd quarter. Capital World Investors now owns 78,328,151 shares of the utilities provider’s stock worth $3,588,992,000 after purchasing an additional 305,531 shares during the last quarter. Vanguard Group Inc. raised 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 buying an additional 761,157 shares during the period. Boston Partners raised its holdings in FirstEnergy by 13.5% during the 3rd quarter. Boston Partners now owns 18,344,403 shares of the utilities provider’s stock worth $841,161,000 after buying an additional 2,185,400 shares during the period. Geode Capital Management LLC lifted its stake in FirstEnergy by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 13,463,298 shares of the utilities provider’s stock valued at $600,351,000 after buying an additional 126,834 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in FirstEnergy by 0.3% during the fourth quarter. Invesco Ltd. now owns 11,722,471 shares of the utilities provider’s stock valued at $524,815,000 after buying an additional 34,014 shares in the last quarter. 89.41% of the stock is currently owned by institutional investors and hedge funds.

FirstEnergy Stock Up 0.8%

Shares of FE opened at $47.83 on Thursday. The firm has a market cap of $27.67 billion, a PE ratio of 25.99, a price-to-earnings-growth ratio of 2.27 and a beta of 0.47. 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 company’s fifty day moving average is $46.82 and its two-hundred day moving average is $47.54. FirstEnergy has a fifty-two week low of $39.34 and a fifty-two week high of $52.34.

FirstEnergy (NYSE:FE) last issued its earnings results on Tuesday, April 28th. The utilities provider reported $0.72 earnings per share for the quarter, hitting the consensus estimate of $0.72. FirstEnergy had a return on equity of 10.66% and a net margin of 6.86%.The business had revenue of $4.20 billion for the quarter, compared to analyst estimates of $3.80 billion. During the same period last year, the company posted $0.67 EPS. The business’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. Analysts forecast that FirstEnergy will post 2.73 earnings per share for the current year.

FirstEnergy Company 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.