Havemeyer Place LP Acquires New Shares in FirstEnergy Corporation $FE

Posted by Stanley Muller on Jun 9th, 2026

Havemeyer Place LP acquired a new stake in FirstEnergy Corporation (NYSE:FE – Free Report) during the 4th quarter, Holdings Channel reports. The fund acquired 12,443 shares of the utilities provider’s stock, valued at approximately $557,000.

Other large investors have also bought and sold shares of the company. State of Wyoming acquired a new stake in FirstEnergy in the second quarter valued at about $25,000. Olistico Wealth LLC acquired a new stake in FirstEnergy in the fourth quarter valued at about $31,000. Quest 10 Wealth Builders Inc. boosted its stake in FirstEnergy by 507.9% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 766 shares of the utilities provider’s stock valued at $34,000 after buying an additional 640 shares in the last quarter. Networth Advisors LLC acquired a new stake in FirstEnergy in the fourth quarter valued at about $40,000. Finally, GoalVest Advisory LLC boosted its stake in FirstEnergy by 145.2% in the fourth quarter. GoalVest Advisory LLC now owns 1,091 shares of the utilities provider’s stock valued at $49,000 after buying an additional 646 shares in the last quarter. 89.41% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director James F. Oneil sold 7,945 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $50.60, for a total transaction of $402,017.00. Following the completion of the transaction, the director directly owned 1,869 shares in the company, valued at $94,571.40. This trade represents a 80.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.14% of the stock is owned by company insiders.

FirstEnergy Stock Performance

Shares of FE stock opened at $45.71 on Tuesday. The business’s 50-day moving average price is $47.83 and its 200-day moving average price is $47.52. FirstEnergy Corporation has a 12 month low of $39.28 and a 12 month high of $52.34. The firm has a market capitalization of $26.44 billion, a price-to-earnings ratio of 24.84, a PEG ratio of 2.22 and a beta of 0.47. The company has a current ratio of 0.52, a quick ratio of 0.42 and a debt-to-equity ratio of 1.87.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. JPMorgan Chase & Co. lifted their price target on FirstEnergy from $50.00 to $55.00 and gave the company a “neutral” rating in a research note on Thursday, March 12th. Barclays lifted their price target on FirstEnergy from $50.00 to $53.00 and gave the company an “overweight” rating in a research note on Wednesday, April 8th. New Street Research set a $52.00 price target on FirstEnergy in a research note on Tuesday, April 21st. Jefferies Financial Group lifted their price target on FirstEnergy from $50.00 to $52.00 and gave the company a “hold” rating in a research note on Tuesday, April 21st. Finally, TD Cowen raised FirstEnergy from a “hold” rating to a “buy” rating and cut their price target for the company from $56.00 to $53.00 in a research note on Friday, May 15th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $51.69.

Read Our Latest Stock Analysis on FE

About FirstEnergy

(Free Report)

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.