Vestcor Inc Buys 35,595 Shares of FirstEnergy Corporation $FE

Posted by Brenda Bartman on Jun 8th, 2026

Vestcor Inc raised its stake in shares of FirstEnergy Corporation (NYSE:FE – Free Report) by 194.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 53,854 shares of the utilities provider’s stock after purchasing an additional 35,595 shares during the period. Vestcor Inc’s holdings in FirstEnergy were worth $2,411,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in FE. Capital World Investors raised its position in shares of FirstEnergy by 0.4% during the 3rd quarter. Capital World Investors now owns 78,328,151 shares of the utilities provider’s stock valued at $3,588,992,000 after buying an additional 305,531 shares in the last quarter. Vanguard Group Inc. raised its position in shares of FirstEnergy by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 68,109,341 shares of the utilities provider’s stock valued at $3,049,255,000 after buying an additional 761,157 shares in the last quarter. Boston Partners raised its position in shares of FirstEnergy by 13.5% during the 3rd quarter. Boston Partners now owns 18,344,403 shares of the utilities provider’s stock valued at $841,161,000 after buying an additional 2,185,400 shares in the last quarter. Geode Capital Management LLC raised its position in shares of FirstEnergy by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 13,463,298 shares of the utilities provider’s stock valued at $600,351,000 after buying an additional 126,834 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in shares of FirstEnergy by 2.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 9,277,257 shares of the utilities provider’s stock valued at $419,889,000 after buying an additional 205,618 shares in the last quarter. Institutional investors own 89.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on FE shares. Wolfe Research cut shares of FirstEnergy from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. JPMorgan Chase & Co. upped their target price on shares of FirstEnergy from $50.00 to $55.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Mizuho set a $51.00 target price on shares of FirstEnergy in a research report on Thursday, February 19th. TD Cowen upgraded shares of FirstEnergy from a “hold” rating to a “buy” rating and decreased their target price for the company from $56.00 to $53.00 in a research report on Friday, May 15th. Finally, New Street Research set a $52.00 price objective on shares of FirstEnergy in a research report on Tuesday, April 21st. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.69.

Read Our Latest Research Report on FirstEnergy

Insider Buying and Selling

In other news, CFO Jon Taylor K. sold 26,800 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $50.94, for a total transaction of $1,365,192.00. Following the transaction, the chief financial officer directly owned 119,552 shares of the company’s stock, valued at approximately $6,089,978.88. This trade represents a 18.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director James F. Oneil sold 7,945 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $50.60, for a total transaction of $402,017.00. Following the transaction, the director directly owned 1,869 shares in the company, valued at approximately $94,571.40. This trade represents a 80.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.14% of the company’s stock.

FirstEnergy Stock Performance

FirstEnergy stock opened at $46.44 on Monday. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.52 and a quick ratio of 0.42. FirstEnergy Corporation has a 1-year low of $39.28 and a 1-year high of $52.34. The firm has a market capitalization of $26.86 billion, a P/E ratio of 25.24, a price-to-earnings-growth ratio of 2.22 and a beta of 0.47. The company’s 50-day moving average is $47.92 and its 200 day moving average is $47.53.

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

FirstEnergy Profile

(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.