FirstEnergy Corporation $FE Position Boosted by Aberdeen Group plc

Key Points

• Aberdeen Group plc increased its stake in FirstEnergy by 9% in Q4 to 1,151,931 shares (about a 0.20% stake) valued at ~$51.6 million, and institutional investors now own roughly 89.4% of the stock.
• FirstEnergy raised its quarterly dividend to $0.465 (annualized $1.86) for a ~3.6% yield, though the payout ratio is elevated at about 105.7%.
• Analysts hold a consensus "Moderate Buy" (9 Buys, 6 Holds) with an average target of $49.71; the company slightly beat EPS expectations ($0.53 vs $0.52), topped revenue estimates, and set FY2026 guidance of 2.62–2.82 EPS.

Aberdeen Group plc boosted its holdings in FirstEnergy Corporation (NYSE:FE - Free Report) by 9.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,151,931 shares of the utilities provider's stock after acquiring an additional 95,161 shares during the quarter. Aberdeen Group plc owned 0.20% of FirstEnergy worth $51,572,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. State of Wyoming acquired a new position in shares of FirstEnergy during the second quarter valued at approximately $25,000. American National Bank & Trust lifted its holdings in shares of FirstEnergy by 380.2% in the third quarter. American National Bank & Trust now owns 581 shares of the utilities provider's stock valued at $27,000 after buying an additional 460 shares during the period. Harel Insurance Investments & Financial Services Ltd. bought a new position in FirstEnergy during the third quarter valued at about $27,000. TruNorth Capital Management LLC lifted its holdings in FirstEnergy by 187.5% in the 3rd quarter. TruNorth Capital Management LLC now owns 621 shares of the utilities provider's stock valued at $28,000 after acquiring an additional 405 shares during the last quarter. Finally, Olistico Wealth LLC acquired a new stake in FirstEnergy in the 4th quarter valued at about $31,000. 89.41% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on FE shares. Scotiabank reiterated an "outperform" rating on shares of FirstEnergy in a research report on Thursday, February 19th. Weiss Ratings upgraded FirstEnergy from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday. Wells Fargo & Company decreased their target price on FirstEnergy from $54.00 to $53.00 and set an "overweight" rating for the company in a research report on Tuesday, January 20th. Wolfe Research upgraded 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. Finally, Mizuho set a $51.00 target price on FirstEnergy in a research note on Thursday, February 19th. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $49.71.

FirstEnergy Price Performance

Shares of FirstEnergy stock opened at $51.33 on Friday. The company has a current ratio of 0.57, a quick ratio of 0.46 and a debt-to-equity ratio of 1.83. The firm has a fifty day simple moving average of $49.50 and a 200-day simple moving average of $47.02. The stock has a market capitalization of $29.66 billion, a price-to-earnings ratio of 29.16, a PEG ratio of 2.70 and a beta of 0.60. FirstEnergy Corporation has a 1-year low of $37.58 and a 1-year high of $52.29.

FirstEnergy (NYSE:FE - Get Free Report) last announced its earnings results on Tuesday, February 17th. The utilities provider reported $0.53 EPS for the quarter, topping the consensus estimate of $0.52 by $0.01. FirstEnergy had a net margin of 6.76% and a return on equity of 10.50%. The firm had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter last year, the firm posted $0.67 EPS. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. On average, sell-side analysts expect that FirstEnergy Corporation will post 2.66 earnings per share for the current 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 issued a $0.465 dividend. This is a boost from FirstEnergy's previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, May 7th. This represents a $1.86 dividend on an annualized basis and a yield of 3.6%. FirstEnergy's payout ratio is currently 105.68%.

Insiders Place Their Bets

In other news, CFO Jon Taylor K. sold 26,800 shares of the business's stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $50.94, for a total transaction of $1,365,192.00. Following the transaction, the chief financial officer owned 119,552 shares in the company, valued at approximately $6,089,978.88. The trade was a 18.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Jason Lisowski sold 1,373 shares of the company's stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $50.84, for a total transaction of $69,803.32. The disclosure for this sale is available in the SEC filing. Insiders have sold 39,118 shares of company stock worth $1,989,532 in the last ninety days. 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.

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