FirstEnergy Corporation $FE Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. increased its position in FirstEnergy Corporation (NYSE:FE) by 79.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,749 shares of the utilities provider’s stock after acquiring an additional 12,759 shares during the period. Vise Technologies Inc.’s holdings in FirstEnergy were worth $1,287,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Magellan Asset Management Ltd raised its stake in FirstEnergy by 4.8% in the 4th quarter. Magellan Asset Management Ltd now owns 473,459 shares of the utilities provider’s stock worth $21,197,000 after acquiring an additional 21,740 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in FirstEnergy by 3.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 86,568 shares of the utilities provider’s stock worth $3,876,000 after acquiring an additional 2,987 shares during the last quarter. Phillips Wealth Planners LLC purchased a new position in FirstEnergy in the 4th quarter worth $202,000. CIBC Asset Management Inc raised its stake in FirstEnergy by 36.5% in the 4th quarter. CIBC Asset Management Inc now owns 188,586 shares of the utilities provider’s stock worth $8,443,000 after acquiring an additional 50,473 shares during the last quarter. Finally, Capital Innovations LLC purchased a new position in FirstEnergy in the 4th quarter worth $1,877,000. Hedge funds and other institutional investors own 89.41% of the company’s stock.

FirstEnergy Stock Performance

NYSE FE opened at $45.71 on Tuesday. The stock has a 50-day simple moving average of $47.83 and a two-hundred day simple moving average of $47.52. The firm has a market capitalization of $26.44 billion, a P/E ratio of 24.84, a PEG ratio of 2.22 and a beta of 0.47. FirstEnergy Corporation has a fifty-two week low of $39.28 and a fifty-two week high of $52.34. 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:FE) last released its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $0.72 earnings per share for the quarter, meeting analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $3.80 billion. During the same quarter last year, the business posted $0.67 EPS. The company’s revenue was up 11.6% on a year-over-year basis. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. On average, equities analysts forecast that FirstEnergy Corporation will post 2.73 earnings per share for the current year.

Insider Buying and Selling at FirstEnergy

In related news, Director James F. Oneil sold 7,945 shares of FirstEnergy stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $50.60, for a total value of $402,017.00. Following the completion of the transaction, the director owned 1,869 shares in the company, valued at $94,571.40. The trade was a 80.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.14% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on FE shares. Wolfe Research lowered FirstEnergy from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Jefferies Financial Group raised their target price on FirstEnergy from $50.00 to $52.00 and gave the stock a “hold” rating in a research note on Tuesday, April 21st. TD Cowen upgraded FirstEnergy from a “hold” rating to a “buy” rating and reduced their target price for the stock from $56.00 to $53.00 in a research note on Friday, May 15th. Barclays lifted their price objective on FirstEnergy from $50.00 to $53.00 and gave the company an “overweight” rating in a research note on Wednesday, April 8th. Finally, Mizuho set a $51.00 price objective on FirstEnergy in a research note on Thursday, February 19th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $51.69.

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.