FirstEnergy Corporation $FE Shares Sold by Quadcap Wealth Management LLC

Quadcap Wealth Management LLC lessened its position in shares of FirstEnergy Corporation (NYSE:FE) by 49.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,684 shares of the utilities provider’s stock after selling 14,362 shares during the period. Quadcap Wealth Management LLC’s holdings in FirstEnergy were worth $744,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Parallel Advisors LLC raised its position in shares of FirstEnergy by 4.1% during the 4th quarter. Parallel Advisors LLC now owns 5,381 shares of the utilities provider’s stock valued at $241,000 after acquiring an additional 213 shares in the last quarter. Simplicity Wealth LLC boosted its holdings in FirstEnergy by 3.4% in the first quarter. Simplicity Wealth LLC now owns 6,839 shares of the utilities provider’s stock worth $346,000 after purchasing an additional 223 shares during the period. Dorsey & Whitney Trust CO LLC increased its stake in FirstEnergy by 5.0% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 4,677 shares of the utilities provider’s stock valued at $209,000 after purchasing an additional 223 shares during the last quarter. Pinnacle Bancorp Inc. increased its stake in FirstEnergy by 44.4% during the first quarter. Pinnacle Bancorp Inc. now owns 754 shares of the utilities provider’s stock valued at $38,000 after purchasing an additional 232 shares during the last quarter. Finally, Signaturefd LLC increased its stake in FirstEnergy by 4.8% during the fourth quarter. Signaturefd LLC now owns 5,181 shares of the utilities provider’s stock valued at $232,000 after purchasing an additional 235 shares during the last quarter. Institutional investors and hedge funds own 89.41% of the company’s stock.

Analyst Ratings Changes

FE has been the topic of a number of recent research reports. UBS Group raised their price target on shares of FirstEnergy from $50.00 to $51.00 and gave the stock a “neutral” rating in a research report on Thursday, June 11th. TD Cowen raised shares of FirstEnergy from a “hold” rating to a “buy” rating and lowered their price objective for the company from $56.00 to $53.00 in a research report on Friday, May 15th. Wells Fargo & Company reiterated an “overweight” rating and set a $55.00 price objective on shares of FirstEnergy in a research note on Tuesday, April 21st. Barclays raised their target price on shares of FirstEnergy from $53.00 to $55.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. Finally, Weiss Ratings downgraded FirstEnergy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, June 17th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $52.92.

More FirstEnergy News

Here are the key news stories impacting FirstEnergy this week:

• Positive Sentiment: Wells Fargo initiated/maintained a Buy stance on FirstEnergy, signaling renewed analyst confidence in the utility’s outlook. FirstEnergy (FE) Receives a Buy from Wells Fargo
• Positive Sentiment: KeyCorp raised longer-term earnings estimates for FY2028, FY2029 and FY2030, suggesting expectations for steady earnings growth over time.
• Positive Sentiment: FirstEnergy declared a quarterly dividend of $0.465 per share with a roughly 3.8% annualized yield, reinforcing its appeal to income-focused investors.
• Neutral Sentiment: KeyCorp trimmed its FY2026 EPS estimate slightly to $2.72 from $2.73, but that is still close to the current consensus of $2.74 and does not materially change the near-term outlook.
• Neutral Sentiment: KeyCorp’s near-term quarter estimates imply mixed results, including Q2 EPS of $0.47 and Q3 EPS of $0.98, leaving investors focused on whether upcoming earnings can beat expectations.
• Neutral Sentiment: In a preview of upcoming results, analysts expect Q2 revenue to rise about 6.28% on load growth and grid investment, while EPS may decline modestly, a mixed but not alarming setup ahead of reporting. FirstEnergy to Report Q2 Earnings: What’s in Store for the Stock?

FirstEnergy Stock Performance

Shares of FE opened at $49.91 on Monday. The firm has a fifty day moving average of $47.21 and a 200-day moving average of $48.12. The company has a market cap of $28.87 billion, a price-to-earnings ratio of 27.12, a price-to-earnings-growth ratio of 2.39 and a beta of 0.47. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.42 and a current ratio of 0.52. FirstEnergy Corporation has a 1 year low of $41.30 and a 1 year high of $52.34.

FirstEnergy (NYSE:FE) last released its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $0.72 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.72. The business had revenue of $4.20 billion for the quarter, compared to analysts’ expectations of $3.80 billion. FirstEnergy had a net margin of 6.86% and a return on equity of 10.66%. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.67 EPS. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. As a group, equities analysts anticipate that FirstEnergy Corporation will post 2.73 earnings per share for the current year.

FirstEnergy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be paid a $0.465 dividend. The ex-dividend date is Friday, August 7th. This represents a $1.86 annualized dividend and a dividend yield of 3.7%. FirstEnergy’s dividend payout ratio (DPR) is presently 101.09%.

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.