Capital International Inc. CA Grows Stock Position in FirstEnergy Corporation $FE

Key Points

• Capital International Inc. CA boosted its stake in FirstEnergy by 29.7% in Q3, buying 129,823 shares to hold 566,771 shares worth about $25.97 million (roughly 0.10% of the company).
• Other institutions also added shares—Mackenzie (+418%), Mitsubishi UFJ, OMERS and Edgestream among them—leaving 89.41% of FirstEnergy owned by hedge funds and other institutional investors, while insiders own just 0.17% and the CAO recently sold 3,000 shares.
• FirstEnergy raised its quarterly dividend to $0.465 (annualized $1.86, ~3.7% yield) and set FY2026 EPS guidance of 2.620–2.820; analysts show a consensus "Moderate Buy" with an average target of $49.31.

Capital International Inc. CA increased its stake in FirstEnergy Corporation (NYSE:FE - Free Report) by 29.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 566,771 shares of the utilities provider's stock after buying an additional 129,823 shares during the quarter. Capital International Inc. CA owned about 0.10% of FirstEnergy worth $25,969,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Mackenzie Financial Corp boosted its position in FirstEnergy by 418.0% in the 2nd quarter. Mackenzie Financial Corp now owns 270,183 shares of the utilities provider's stock valued at $10,878,000 after buying an additional 218,020 shares during the period. Advisors Asset Management Inc. increased its position in shares of FirstEnergy by 52.7% during the second quarter. Advisors Asset Management Inc. now owns 42,632 shares of the utilities provider's stock worth $1,716,000 after acquiring an additional 14,718 shares during the period. Edgestream Partners L.P. increased its position in shares of FirstEnergy by 1,379.5% during the second quarter. Edgestream Partners L.P. now owns 114,945 shares of the utilities provider's stock worth $4,628,000 after acquiring an additional 107,176 shares during the period. OMERS ADMINISTRATION Corp raised its stake in shares of FirstEnergy by 218.6% during the second quarter. OMERS ADMINISTRATION Corp now owns 62,236 shares of the utilities provider's stock valued at $2,506,000 after acquiring an additional 42,700 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of FirstEnergy by 33.8% during the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 425,860 shares of the utilities provider's stock valued at $17,145,000 after acquiring an additional 107,579 shares in the last quarter. 89.41% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at FirstEnergy

In other FirstEnergy news, CAO Jason Lisowski sold 3,000 shares of FirstEnergy stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $50.84, for a total value of $152,520.00. Following the transaction, the chief accounting officer owned 7,176 shares in the company, valued at $364,827.84. The trade was a 29.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.17% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Weiss Ratings cut FirstEnergy from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, February 19th. UBS Group decreased their target price on FirstEnergy from $49.00 to $46.00 and set a "neutral" rating for the company in a research report on Wednesday, December 17th. Mizuho set a $51.00 target price on FirstEnergy in a report on Thursday, February 19th. Scotiabank reissued an "outperform" rating on shares of FirstEnergy in a research report on Thursday, February 19th. Finally, Morgan Stanley restated an "overweight" rating on shares of FirstEnergy in a research note on Wednesday, February 11th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, FirstEnergy presently has an average rating of "Moderate Buy" and an average target price of $49.31.

FirstEnergy Stock Performance

Shares of FE stock opened at $50.64 on Wednesday. The firm has a market cap of $29.26 billion, a price-to-earnings ratio of 28.77, a PEG ratio of 2.68 and a beta of 0.61. FirstEnergy Corporation has a 52-week low of $37.58 and a 52-week high of $51.39. The company has a quick ratio of 0.46, a current ratio of 0.57 and a debt-to-equity ratio of 1.83. The company's 50 day moving average is $47.85 and its 200 day moving average is $46.20.

FirstEnergy (NYSE:FE - Get Free Report) last posted its earnings results on Tuesday, February 17th. The utilities provider reported $0.53 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.01. FirstEnergy had a return on equity of 10.50% and a net margin of 6.76%.The company had revenue of $3.80 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same quarter in the prior year, the business earned $0.67 earnings per share. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. On average, sell-side analysts anticipate that FirstEnergy Corporation will post 2.66 EPS for the current fiscal year.

FirstEnergy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Thursday, May 7th will be given a dividend of $0.465 per share. The ex-dividend date of this dividend is Thursday, May 7th. This is an increase from FirstEnergy's previous quarterly dividend of $0.45. This represents a $1.86 dividend on an annualized basis and a yield of 3.7%. FirstEnergy's dividend payout ratio is 101.14%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.