JPMorgan Chase & Co. Raises FirstEnergy (NYSE:FE) Price Target to $55.00

FirstEnergy (NYSE:FE) had its price target hoisted by JPMorgan Chase & Co. from $50.00 to $55.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the utilities provider’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 7.49% from the stock’s current price.

A number of other analysts also recently issued reports on FE. Wolfe Research raised shares of FirstEnergy from a “peer perform” rating to an “outperform” rating and set a $50.00 price target on the stock in a report on Tuesday, January 27th. Wells Fargo & Company lowered their price objective on shares of FirstEnergy from $54.00 to $53.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 20th. Scotiabank reaffirmed an “outperform” rating on shares of FirstEnergy in a research report on Thursday, February 19th. Morgan Stanley reissued an “overweight” rating on shares of FirstEnergy in a report on Wednesday, February 11th. Finally, Mizuho set a $51.00 price target on FirstEnergy in a research note on Thursday, February 19th. Eight research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, FirstEnergy currently has an average rating of “Moderate Buy” and a consensus target price of $49.71.

FirstEnergy Stock Up 0.7%

NYSE:FE opened at $51.17 on Thursday. 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 firm has a market cap of $29.57 billion, a P/E ratio of 29.07, a P/E/G ratio of 2.67 and a beta of 0.61. FirstEnergy has a fifty-two week low of $37.58 and a fifty-two week high of $51.75. The firm has a 50-day simple moving average of $48.21 and a two-hundred day simple moving average of $46.32.

FirstEnergy (NYSE:FE) last issued its earnings results on Tuesday, February 17th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, topping 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 firm posted $0.67 earnings per share. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. Analysts predict that FirstEnergy will post 2.66 earnings per share for the current fiscal year.

Insider Buying and Selling at FirstEnergy

In other news, Director James F. Oneil sold 7,945 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $50.60, for a total value of $402,017.00. Following the sale, the director owned 1,869 shares of the company’s stock, valued at approximately $94,571.40. This represents a 80.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Jon Taylor K. sold 26,800 shares of FirstEnergy stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $50.94, for a total transaction of $1,365,192.00. Following the transaction, the chief financial officer directly owned 119,552 shares of the company’s stock, valued at approximately $6,089,978.88. This represents a 18.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 39,118 shares of company stock worth $1,989,532 over the last quarter. Insiders own 0.17% of the company’s stock.

Institutional Investors Weigh In On FirstEnergy

A number of institutional investors and hedge funds have recently modified their holdings of the business. World Investment Advisors grew its stake in FirstEnergy by 10.9% in the fourth quarter. World Investment Advisors now owns 12,358 shares of the utilities provider’s stock worth $553,000 after purchasing an additional 1,211 shares in the last quarter. Meadowbrook Advisors Group LLC purchased a new position in FirstEnergy during the 4th quarter valued at about $261,000. Corient Private Wealth LLC boosted its stake in shares of FirstEnergy by 13.4% during the fourth quarter. Corient Private Wealth LLC now owns 49,947 shares of the utilities provider’s stock valued at $2,236,000 after purchasing an additional 5,892 shares in the last quarter. Hsbc Holdings PLC increased its holdings in FirstEnergy by 14.3% during the fourth quarter. Hsbc Holdings PLC now owns 1,021,430 shares of the utilities provider’s stock valued at $45,764,000 after buying an additional 128,044 shares during the period. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in FirstEnergy during the fourth quarter worth $42,000. 89.41% of the stock is owned by institutional investors.

Key FirstEnergy News

Here are the key news stories impacting FirstEnergy this week:

• Positive Sentiment: JPMorgan raised its price target on FE to $55 (from $50) while keeping a “neutral” rating — the new target implies roughly mid-single-digit upside from recent levels and provides near-term analyst support for the stock. Article Title
• Positive Sentiment: FirstEnergy plans to invest about $950 million in Ohio and Pennsylvania grid upgrades — a sizable capital program that should grow the regulated rate base, improve reliability, and support long‑term earnings/stability for a utility. Investors typically view transmission/distribution upgrades as earnings-accretive over time when recoverable through regulators. Article Title
• Positive Sentiment: Market filings and company notices show FirstEnergy increased its quarterly dividend to $0.465 (annualized $1.86, ~3.6% yield), which supports income-focused investor interest and helps underpin the stock’s defensive appeal.
• Neutral Sentiment: FirstEnergy issued a storm-preparedness notice as crews stand ready for high winds across its service territory — operationally positive for outage response but routine and unlikely to move fundamentals unless major damage occurs. Article Title
• Negative Sentiment: Insider selling: CFO Jon Taylor sold 26,800 shares (~$1.36M at ~$50.94) and director James F. Oneil sold 7,945 shares (~$402k at $50.60) in recent Form 4 filings. Large insider disposals can pressure sentiment even if they’re for personal liquidity or diversification. CFO Form 4 Director Form 4

About FirstEnergy

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.