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
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
50% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 6 (+2) [Q3]
35% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 79
33% more repeat investments, than reductions
Existing positions increased: 286 | Existing positions reduced: 215
13% more capital invested
Capital invested by funds: $18.8B [Q2] → $21.4B (+$2.53B) [Q3]
4% more funds holding
Funds holding: 716 [Q2] → 744 (+28) [Q3]
1.49% less ownership
Funds ownership: 85.59% [Q2] → 84.11% (-1.49%) [Q3]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Keybanc Sophie Karp 66% 1-year accuracy 29 / 44 met price target | 16%upside $48 | Overweight Maintained | 22 Oct 2024 |
JP Morgan Jeremy Tonet 69% 1-year accuracy 20 / 29 met price target | 11%upside $46 | Neutral Maintained | 18 Oct 2024 |
Jefferies Julien Dumoulin-Smith 61% 1-year accuracy 44 / 72 met price target | 11%upside $46 | Hold Initiated | 14 Oct 2024 |
Barclays Eric Beaumont 57% 1-year accuracy 13 / 23 met price target | 11%upside $46 | Equal-Weight Maintained | 8 Oct 2024 |
Barclays Eric Beaumont 57% 1-year accuracy 13 / 23 met price target | 11%upside $46 | Equal-Weight Maintained | 7 Oct 2024 |
Financial journalist opinion
Based on 20 articles about FE published over the past 30 days
