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 7,139 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
76% more call options, than puts
Call options by funds: $81.8M | Put options by funds: $46.5M
35% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 78
27% more repeat investments, than reductions
Existing positions increased: 302 | Existing positions reduced: 238
0.79% more ownership
Funds ownership: 84.75% [Q3] → 85.54% (+0.79%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q3] → 6 (+0) [Q4]
1% less funds holding
Funds holding: 762 [Q3] → 757 (-5) [Q4]
9% less capital invested
Capital invested by funds: $21.5B [Q3] → $19.6B (-$1.94B) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$47
11%
upside
Avg. target
$49
16%
upside
High target
$50
18%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Scotiabank Andrew Weisel 75% 1-year accuracy 21 / 28 met price target | 18%upside $50 | Sector Outperform Upgraded | 12 Dec 2024 |
Keybanc Sophie Karp 68% 1-year accuracy 28 / 41 met price target | 11%upside $47 | Overweight Maintained | 4 Dec 2024 |
Morgan Stanley David Arcaro 72% 1-year accuracy 31 / 43 met price target | 18%upside $50 | Overweight Maintained | 22 Nov 2024 |
Financial journalist opinion
Based on 12 articles about FE published over the past 30 days
Neutral
PRNewsWire
21 hours ago
JCP&L Power System Upgrades Underway in Mercer County
Nearly 1,000 customers to benefit from the project HOLMDEL, N.J. , Feb. 21, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is upgrading its electric grid in portions of Mercer County to help prevent or minimize the impact of outages for nearly 1,000 customers in Hopewell Township, particularly during severe weather.
Neutral
PRNewsWire
1 week ago
FirstEnergy to Webcast Fourth Quarter Earnings Teleconference
AKRON, Ohio , Feb. 11, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the fourth quarter and full year of 2024 after markets close on Wednesday, February 26. These results will be discussed by FirstEnergy management during a conference call with financial analysts at 8 a.m.
Neutral
PRNewsWire
1 week ago
Work Completed to Meet Future Energy Demands in Western Pennsylvania
FirstEnergy line rebuild to benefit 500 West Penn Power customers GREENSBURG, Pa. , Feb. 10, 2025 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy Corp. (NYSE: FE) doing business as West Penn Power in western Pennsylvania, has upgraded its electric system in eastern Westmoreland County to help prevent service disruptions, support voltage and accommodate growth.
Neutral
Zacks Investment Research
2 weeks ago
FirstEnergy (FE) Earnings Expected to Grow: Should You Buy?
FirstEnergy (FE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
MarketBeat
2 weeks ago
Powering Profits: Utility Stocks That Shine in Volatility
The market leaves investors with plenty of hints when volatility spikes, and recently, after the technology sector's shaky price action, it looks like the sentiment is clear. Not only that, but the tariffs being implemented by President Trump have created a volatile environment for the foreseeable future.
Neutral
PRNewsWire
2 weeks ago
FirstEnergy Receives Industry Awards for Ohio Storm Restoration Effort and Assistance with Hurricanes Helene and Milton
AKRON, Ohio , Feb. 4, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) received an Emergency Recovery Award from the Edison Electric Institute (EEI) in recognition of its outstanding response in restoring power to hundreds of thousands of customers in northeast Ohio following a historic weather event in August 2024 that brought severe thunderstorms, wind and tornadoes. The company also received the Emergency Assistance Award from EEI for its support last fall with the restoration efforts following Hurricanes Helene and Milton.
Neutral
PRNewsWire
2 weeks ago
FirstEnergy Names Two to Vice President, Finance and Regulatory Roles for West Virginia/Maryland and Ohio
AKRON, Ohio , Feb. 4, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced it has hired Arsalan Azarsa as Vice President, Finance and Regulatory for West Virginia and Maryland, effective February 10, and Kevin Keller as Vice President, Finance and Regulatory for Ohio, effective February 24. In these roles, Azarsa and Keller will be responsible for developing and implementing financial strategy for their respective states, including budgeting, forecasting and financial planning, and will oversee relationships with state commissions and staff while leading the development of state regulatory strategy.
Neutral
PRNewsWire
2 weeks ago
Don't Let Balloons Float Up and Take Down Power This Valentine's Day
FirstEnergy reminds customers to be careful with helium-filled balloons AKRON, Ohio , Feb. 3, 2025 /PRNewswire/ -- As Valentine's Day approaches, FirstEnergy Corp. (NYSE: FE) is reminding customers to handle helium-filled foil balloons safely to keep power flowing this season and year-round. Foil balloons cause power outages when released outdoors because their metallic coating conducts electricity and poses a risk to the electric system.
Neutral
PRNewsWire
3 weeks ago
FirstEnergy Ohio Electric Companies File Sixth Electric Security Plan to Support Continued Reliability Investments and New Customer Programs
Proposal includes programs aimed at helping customers better manage their electric bills AKRON, Ohio , Jan. 31, 2025 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE: FE) Ohio electric companies – Ohio Edison, The Illuminating Company and Toledo Edison – have filed a proposed Electric Security Plan (ESP) with the Public Utilities Commission of Ohio (PUCO) that supports their commitment to investing in and maintaining the electric grid while providing customer assistance programs and energy efficiency initiatives that help customers manage and control their electric bills. Utilities in Ohio are required to file plans to establish electric service for their customers, and this proposal is FirstEnergy's sixth ESP (ESP6).
Neutral
PRNewsWire
3 weeks ago
New Illuminating Company Power Line to Improve Reliability for Avon Lake Customers
AKRON, Ohio , Jan. 29, 2025 /PRNewswire/ -- The Illuminating Company, a subsidiary of FirstEnergy Corp. (NYSE: FE), is constructing a new neighborhood power line that will help enhance electric service reliability for hundreds of customers in Lorain County, particularly during severe weather. A video of FirstEnergy personnel explaining and performing this electrical work can be found on FirstEnergy's YouTube channel.
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