Dimensional Fund Advisors LP Acquires 208,855 Shares of FirstEnergy Corporation $FE

Dimensional Fund Advisors LP boosted its stake in shares of FirstEnergy Corporation (NYSE:FE) by 8.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,623,416 shares of the utilities provider’s stock after buying an additional 208,855 shares during the period. Dimensional Fund Advisors LP owned 0.45% of FirstEnergy worth $120,196,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. State of Wyoming bought a new position in shares of FirstEnergy in the 2nd quarter worth $25,000. American National Bank & Trust boosted its position in FirstEnergy by 380.2% during the third quarter. American National Bank & Trust now owns 581 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 460 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in FirstEnergy in the third quarter valued at about $27,000. TruNorth Capital Management LLC grew its stake in FirstEnergy by 187.5% in 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. Finally, Caldwell Trust Co bought a new position in FirstEnergy in the second quarter worth about $35,000. Institutional investors own 89.41% of the company’s stock.

Analyst Upgrades and Downgrades

FE has been the subject of several analyst reports. Weiss Ratings lowered shares of FirstEnergy from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, February 19th. Mizuho set a $51.00 price objective on shares of FirstEnergy in a research note on Thursday, February 19th. Wolfe Research raised shares of FirstEnergy from a “peer perform” rating to an “outperform” rating and set a $50.00 target price for the company in a research report on Tuesday, January 27th. Morgan Stanley restated an “overweight” rating on shares of FirstEnergy in a research note on Wednesday, February 11th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of FirstEnergy in a report on Thursday, February 19th. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, FirstEnergy currently has an average rating of “Moderate Buy” and a consensus price target of $49.31.

FirstEnergy Price Performance

Shares of NYSE FE opened at $50.64 on Thursday. FirstEnergy Corporation has a fifty-two week low of $37.58 and a fifty-two week high of $51.39. The company has a market cap of $29.26 billion, a PE ratio of 28.77, a P/E/G ratio of 2.66 and a beta of 0.61. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.46 and a current ratio of 0.57. The business has a 50-day simple moving average of $47.97 and a two-hundred day simple moving average of $46.23.

FirstEnergy (NYSE:FE) last posted its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.01. The firm had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $3.20 billion. FirstEnergy had a net margin of 6.76% and a return on equity of 10.50%. During the same quarter in the prior year, the company posted $0.67 earnings per share. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. As a group, equities analysts expect that FirstEnergy Corporation will post 2.66 EPS for the current fiscal year.

FirstEnergy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Thursday, May 7th will be paid a dividend of $0.465 per share. This represents a $1.86 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Thursday, May 7th. This is a positive change from FirstEnergy’s previous quarterly dividend of $0.45. FirstEnergy’s dividend payout ratio (DPR) is currently 101.14%.

Insider Activity

In other FirstEnergy news, CAO Jason Lisowski sold 3,000 shares of the firm’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $50.84, for a total value of $152,520.00. Following the completion of the transaction, the chief accounting officer owned 7,176 shares of the company’s stock, valued at approximately $364,827.84. This trade represents a 29.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.17% of the company’s stock.

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.