FirstEnergy
About: FirstEnergy is an investor-owned holding company with 10 regulated distribution utilities across six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission systems.
Employees: 12,042
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
107% more call options, than puts
Call options by funds: $116M | Put options by funds: $56M
64% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 67
50% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 6 (+2) [Q3]
32% more repeat investments, than reductions
Existing positions increased: 290 | Existing positions reduced: 220
14% more capital invested
Capital invested by funds: $18.8B [Q2] → $21.4B (+$2.55B) [Q3]
6% more funds holding
Funds holding: 717 [Q2] → 760 (+43) [Q3]
1.42% less ownership
Funds ownership: 85.59% [Q2] → 84.18% (-1.42%) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$46
16%
upside
Avg. target
$48
19%
upside
High target
$50
26%
upside
6 analyst ratings
3 positive
50%
3 neutral
50%
0 negative
0%
Scotiabank Andrew Weisel 46% 1-year accuracy 13 / 28 met price target | 26%upside $50 | Sector Outperform Upgraded | 12 Dec 2024 |
Keybanc Sophie Karp 50% 1-year accuracy 23 / 46 met price target | 18%upside $47 | Overweight Maintained | 4 Dec 2024 |
Morgan Stanley David Arcaro 61% 1-year accuracy 23 / 38 met price target | 26%upside $50 | Overweight Maintained | 22 Nov 2024 |
JP Morgan Jeremy Tonet 62% 1-year accuracy 18 / 29 met price target | 16%upside $46 | Neutral Maintained | 18 Oct 2024 |
Jefferies Julien Dumoulin-Smith 54% 1-year accuracy 73 / 135 met price target | 16%upside $46 | Hold Initiated | 14 Oct 2024 |
Financial journalist opinion
Based on 24 articles about FE published over the past 30 days
Neutral
PRNewsWire
20 hours ago
FirstEnergy Names Three to Vice President Roles
Leaders selected to oversee Finance and Regulatory for Pennsylvania and New Jersey; Construction and Design Services AKRON, Ohio , Dec. 20, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced it has hired Kelly Gower as Vice President, Finance and Regulatory for Pennsylvania and Teresa Reed as Vice President, Finance and Regulatory for New Jersey. In addition, Jeremy W.
Neutral
PRNewsWire
1 day ago
FirstEnergy Pennsylvania Receives Approval for Infrastructure Improvement Plans
Work to enhance smart grid across Pennsylvania will continue through 2029 GREENSBURG, Pa. , Dec. 19, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania (FE PA), a subsidiary of FirstEnergy Corp. (NYSE: FE) doing business as Met-Ed, Penn Power, Penelec and West Penn Power, has received approval from the Pennsylvania Public Utility Commission (PaPUC) to implement phase three of its Long-Term Infrastructure Improvement Plans (LTIIP III) to help ensure continued electric service reliability for more than two million Pennsylvania customers.
Neutral
PRNewsWire
1 day ago
"Gifts of the Season" Totaling Nearly $20,000 Awarded to New Jersey Nonprofits by FirstEnergy Foundation
Recipients provide support to vulnerable individuals across JCP&L's service area HOLMDEL, N.J. , Dec. 19, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted "Gifts of the Season" totaling nearly $20,000 to three nonprofits that are working to make lives better in New Jersey communities served by FirstEnergy Corp (NYSE: FE) electric company Jersey Central Power & Light (JCP&L).
Neutral
PRNewsWire
1 day ago
FirstEnergy Foundation Surprises Maryland and West Virginia Agencies with Donations Totaling $40,000 Ahead of Holidays
"Gifts of the season" made to Operation Second Chance and Stars That Shine WILLIAMSPORT, Md. , Dec. 19, 2024 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), recently presented surprise $20,000 donations to two nonprofit organizations that are working to improve the quality of life in Maryland and West Virginia communities served by the company.
Neutral
PRNewsWire
1 day ago
FirstEnergy Foundation Surprises West Virginia Agencies with "Gifts of the Season" Totaling Nearly $20,000
Recipients provide key services to communities within Mon Power's service area FAIRMONT, W.Va. , Dec. 19, 2024 /PRNewswire/ -- Mon Power, a FirstEnergy Corp (NYSE: FE) electric company, recently presented surprise $6,650 donations to three nonprofit organizations that are working to improve the quality of life in West Virginia communities served by the company.
Neutral
PRNewsWire
1 day ago
"Gifts of the Season" Totaling $70,000 Presented to Nonprofits in Pennsylvania
Donations are part of the FirstEnergy Foundation's annual holiday philanthropic campaign GREENSBURG, Pa. , Dec. 19, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted surprise "Gifts of the Season" totaling $70,000 to six local Pennsylvania nonprofits that are working to make lives better in communities served by FirstEnergy Pennsylvania (FE PA), a subsidiary of FirstEnergy Corp. (NYSE: FE) doing business as Met-Ed, Penn Power, Penelec and West Penn Power.
Neutral
PRNewsWire
2 days ago
FirstEnergy Names Brian X. Tierney Chair of the Board
Current Chair John W. Somerhalder II to remain on the Board; Lisa Winston Hicks to remain Lead Independent Director AKRON, Ohio , Dec. 18, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that President and Chief Executive Officer Brian X.
Neutral
PRNewsWire
2 days ago
FirstEnergy Corp. Declares Unchanged Common Stock Dividend of $0.425 Per Share
AKRON, Ohio , Dec. 18, 2024 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared an unchanged quarterly dividend of $0.425 per share of outstanding common stock payable March 1, 2025, to shareholders of record at the close of business on February 7, 2025. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence.
Neutral
PRNewsWire
3 days ago
Follow Electric Safety Tips for Common Gifts to Keep Holidays Merry and Bright
FirstEnergy encourages caution when gifting and flying drones this season AKRON, Ohio , Dec. 17, 2024 /PRNewswire/ -- December is National Safe Toys and Gifts Month, which highlights the importance of being cautious about the gifts we give to our loved ones this holiday season. FirstEnergy Corp. (NYSE: FE) reminds customers to keep electrical safety in mind while selecting and trying out new toys and products received during the holidays.
Neutral
PRNewsWire
1 week ago
"Gifts of the Season" Totaling $60,000 Presented by FirstEnergy Foundation to Nonprofits in Ohio
Recipients provide support to vulnerable individuals across FirstEnergy's Ohio service area AKRON, Ohio , Dec. 13, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted "Gifts of the Season" totaling $60,000 to four nonprofits that are working to make lives better in Ohio communities served by FirstEnergy Corp (NYSE: FE) electric companies Ohio Edison, The Illuminating Company and Toledo Edison. Watch a video explaining how these FirstEnergy Foundation grants will strengthen Ohio communities on FirstEnergy's YouTube channel.
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