FirstEnergy Corporation $FE Shares Purchased by Atria Investments Inc

Atria Investments Inc grew its position in shares of FirstEnergy Corporation (NYSE:FE) by 49.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 78,104 shares of the utilities provider’s stock after purchasing an additional 25,866 shares during the quarter. Atria Investments Inc’s holdings in FirstEnergy were worth $3,579,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. SageView Advisory Group LLC raised its position in FirstEnergy by 2.3% in the second quarter. SageView Advisory Group LLC now owns 10,253 shares of the utilities provider’s stock worth $425,000 after acquiring an additional 233 shares in the last quarter. Independent Advisor Alliance grew its stake in shares of FirstEnergy by 1.0% in the 3rd quarter. Independent Advisor Alliance now owns 23,225 shares of the utilities provider’s stock worth $1,064,000 after purchasing an additional 236 shares during the last quarter. CWM LLC raised its holdings in shares of FirstEnergy by 2.0% in the 2nd quarter. CWM LLC now owns 12,044 shares of the utilities provider’s stock worth $485,000 after purchasing an additional 240 shares in the last quarter. Kohmann Bosshard Financial Services LLC lifted its stake in FirstEnergy by 0.5% during the second quarter. Kohmann Bosshard Financial Services LLC now owns 48,454 shares of the utilities provider’s stock valued at $1,951,000 after purchasing an additional 241 shares during the last quarter. Finally, Manchester Capital Management LLC lifted its stake in FirstEnergy by 15.2% during the second quarter. Manchester Capital Management LLC now owns 1,834 shares of the utilities provider’s stock valued at $74,000 after purchasing an additional 242 shares during the last quarter. Institutional investors and hedge funds own 89.41% of the company’s stock.

FirstEnergy Stock Up 2.4%

NYSE:FE opened at $50.01 on Monday. The business’s fifty day moving average price is $45.87 and its 200 day moving average price is $45.37. The firm has a market capitalization of $28.89 billion, a price-to-earnings ratio of 21.84, a PEG 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 Corporation has a 1-year low of $37.58 and a 1-year high of $50.14.

FirstEnergy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Thursday, May 7th will be issued a $0.465 dividend. The ex-dividend date is Thursday, May 7th. This represents a $1.86 dividend on an annualized basis and a dividend yield of 3.7%. This is a positive change from FirstEnergy’s previous quarterly dividend of $0.45. FirstEnergy’s dividend payout ratio is currently 77.73%.

Key Headlines Impacting FirstEnergy

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

Several research analysts have issued reports on FE shares. Weiss Ratings restated a “buy (b-)” rating on shares of FirstEnergy in a research report on Monday, December 29th. Morgan Stanley restated an “overweight” rating on shares of FirstEnergy in a report on Wednesday. Scotiabank upped their target price on FirstEnergy from $49.00 to $51.00 and gave the company a “sector outperform” rating in a report on Friday, October 24th. Wells Fargo & Company dropped their price target on FirstEnergy from $54.00 to $53.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. Finally, Barclays cut their price objective on FirstEnergy from $51.00 to $50.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $48.85.

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.