FirstEnergy Corporation $FE Stock Position Raised by Alps Advisors Inc.

Posted by Francis Steltz on Nov 7th, 2026

Alps Advisors Inc. grew its stake in shares of FirstEnergy Corporation (NYSE:FE – Free Report) by 6.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 680,091 shares of the utilities provider’s stock after acquiring an additional 43,877 shares during the period. Alps Advisors Inc.’s holdings in FirstEnergy were worth $29,468,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in FE. Simplicity Wealth LLC raised its position in shares of FirstEnergy by 3.4% during the first quarter. Simplicity Wealth LLC now owns 6,839 shares of the utilities provider’s stock worth $346,000 after acquiring an additional 223 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC increased its holdings in shares of FirstEnergy by 3.7% during the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 6,338 shares of the utilities provider’s stock valued at $275,000 after acquiring an additional 229 shares in the last quarter. Elevation Point Wealth Partners LLC grew its holdings in shares of FirstEnergy by 1.0% in the second quarter. Elevation Point Wealth Partners LLC now owns 25,572 shares of the utilities provider’s stock valued at $1,216,000 after acquiring an additional 245 shares in the last quarter. CX Institutional increased its stake in shares of FirstEnergy by 3.5% in the second quarter. CX Institutional now owns 7,776 shares of the utilities provider’s stock worth $370,000 after purchasing an additional 266 shares in the last quarter. Finally, Versant Capital Management Inc grew its position in FirstEnergy by 16.7% during the third quarter. Versant Capital Management Inc now owns 1,939 shares of the utilities provider’s stock worth $84,000 after buying an additional 278 shares in the last quarter. 89.41% of the stock is owned by institutional investors and hedge funds.

FirstEnergy Stock Performance

FirstEnergy stock opened at $46.44 on Friday. The stock’s 50 day simple moving average is $45.49 and its two-hundred day simple moving average is $47.51. The stock has a market cap of $26.88 billion, a price-to-earnings ratio of 17.45, a PEG ratio of 2.80 and a beta of 0.39. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.31 and a current ratio of 0.38. FirstEnergy Corporation has a fifty-two week low of $42.67 and a fifty-two week high of $52.34.

FirstEnergy (NYSE:FE – Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The utilities provider reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.08. The company had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.24 billion. FirstEnergy had a net margin of 7.40% and a return on equity of 11.07%. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.83 EPS. As a group, analysts expect that FirstEnergy Corporation will post 2.74 earnings per share for the current fiscal year.

FirstEnergy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 6th will be issued a $0.4650 dividend. The ex-dividend date of this dividend is Friday, November 6th. This represents a $1.86 annualized dividend and a yield of 4.0%. FirstEnergy’s dividend payout ratio is 89.42%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Mizuho set a $47.00 price target on FirstEnergy in a report on Monday, October 12th. Morgan Stanley lifted their target price on shares of FirstEnergy from $49.00 to $50.00 and gave the company an “overweight” rating in a report on Wednesday, October 21st. HSBC initiated coverage on shares of FirstEnergy in a research note on Thursday, October 22nd. They set a “buy” rating and a $50.00 price target on the stock. Barclays reduced their price objective on FirstEnergy from $54.00 to $49.00 and set an “overweight” rating on the stock in a research note on Monday, October 12th. Finally, BMO Capital Markets assumed coverage on shares of FirstEnergy in a research note on Monday, October 26th. They set an “outperform” rating and a $50.00 price objective on the stock. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $50.77.

Read Our Latest Analysis on FirstEnergy

About FirstEnergy

(Free Report)

FirstEnergy Corp. (NYSE: FE) is an electric utility company focused on the transmission and distribution of electricity. Through its regulated utility subsidiaries, the company delivers power to residential, commercial and industrial customers and maintains the poles, lines, substations and other infrastructure that support electric service.

FirstEnergy’s distribution operations serve customers across parts of Ohio, Pennsylvania, New Jersey, West Virginia and Maryland. Its utility companies include Ohio Edison, The Illuminating Company, Toledo Edison, Jersey Central Power & Light, Met-Ed, Penelec, Penn Power, West Penn Power, Mon Power and The Potomac Edison Company.