FirstEnergy
0
Funds holding %
of 6,780 funds
0
Analysts bullish %
of 10 analysts
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
57% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 70
50% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 6 (+2) [Q3]
32% more repeat investments, than reductions
Existing positions increased: 289 | Existing positions reduced: 219
13% more capital invested
Capital invested by funds: $18.8B [Q2] → $21.4B (+$2.54B) [Q3]
6% more funds holding
Funds holding: 716 [Q2] → 756 (+40) [Q3]
1.44% less ownership
Funds ownership: 85.59% [Q2] → 84.15% (-1.44%) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$46
10%
upside
Avg. target
$48
14%
upside
High target
$51
22%
upside
10 analyst ratings
6 positive
60%
4 neutral
40%
0 negative
0%
Morgan Stanley David Arcaro 65% 1-year accuracy 24 / 37 met price target | 19%upside $50 | Overweight Maintained | 22 Nov 2024 |
Keybanc Sophie Karp 72% 1-year accuracy 23 / 32 met price target | 15%upside $48 | Overweight Maintained | 22 Oct 2024 |
JP Morgan Jeremy Tonet 83% 1-year accuracy 20 / 24 met price target | 10%upside $46 | Neutral Maintained | 18 Oct 2024 |
Jefferies Julien Dumoulin-Smith 70% 1-year accuracy 32 / 46 met price target | 10%upside $46 | Hold Initiated | 14 Oct 2024 |
Barclays Eric Beaumont 59% 1-year accuracy 13 / 22 met price target | 10%upside $46 | Equal-Weight Maintained | 8 Oct 2024 |
Financial journalist opinion
Based on 12 articles about FE published over the past 30 days
Neutral
PRNewsWire
3 hours ago
Crews Wrap Up Winter Prep to Help Provide Safe and Reliable Power for FirstEnergy's West Virginia Customers
Company offers tips for customers to manage seasonal heating bills FAIRMONT, W.Va. , Dec. 3, 2024 /PRNewswire/ -- With colder months expected to produce higher electric use, FirstEnergy Corp. (NYSE: FE) electric companies Mon Power and Potomac Edison have completed inspections and maintenance across their West Virginia service areas to help support electric system reliability as temperatures drop this winter.
Positive
Zacks Investment Research
4 days ago
FirstEnergy Benefits From Investments & Infrastructure Upgrade
FE's focus on infrastructure upgrades should further boost its service reliability and improve overall performance.
Positive
Zacks Investment Research
5 days ago
FirstEnergy (FE) Up 1.1% Since Last Earnings Report: Can It Continue?
FirstEnergy (FE) reported earnings 30 days ago. What's next for the stock?
Neutral
PRNewsWire
1 week ago
FirstEnergy Names Mark Andrade Vice President, Enterprise Technology
Brings more than 35 years of experience leading large-scale technology transformations AKRON, Ohio , Nov. 26, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that Mark Andrade has been named Vice President, Enterprise Technology, effective Dec. 2. In this role, Andrade will drive FirstEnergy's technology modernization and digital transformation in support of the company's strategic vision.
Neutral
Business Wire
1 week ago
FirstEnergy Ohio Utilities' Competitive Bidding Process Auction: Information Session for Prospective Bidders on Tuesday, December 3, 2024
BOSTON--(BUSINESS WIRE)--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will be conducted for FirstEnergy Corp.'s (NYSE: FE) Ohio subsidiaries – Ohio Edison, The Illuminating Company and Toledo Edison – to procure full requirements service for their Standard Service Offer customers. The auction process will lead up to the auction scheduled for January 21, 2025. The bidding p.
Neutral
PRNewsWire
1 week ago
Underground Line Replacement Enhances Service Reliability for JCP&L's Barrier Island Customers
Company using advanced trenching technology to help protect the environment HOLMDEL, N.J. , Nov. 22, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is replacing an underwater, high-voltage power line to enhance service reliability to New Jersey's barrier islands.
Neutral
PRNewsWire
1 week ago
It's Utility Scam Awareness Day and FirstEnergy Urges Customers to Stay On Guard Through the Winter Months
AKRON, Ohio , Nov. 20, 2024 /PRNewswire/ -- In recognition of Utility Scam Awareness Day on Wednesday, Nov. 20, FirstEnergy Corp. (NYSE: FE) is offering tips to prevent the public from falling for common utility scams, especially as the cold winter months are fast approaching. Scammers often prey on the fears of vulnerable customers to steal their personal information and trick them into paying "unpaid bills" to avoid service disconnection.
Neutral
PRNewsWire
2 weeks ago
Deck the Halls Safely this Holiday Season
FirstEnergy offers tips to help keep people of all ages safe from electrical hazards AKRON, Ohio , Nov. 18, 2024 /PRNewswire/ -- With the holiday season fast approaching, FirstEnergy Corp. (NYSE: FE) is reminding customers to reduce electrical hazards and potential fire risks at home by following important safety tips when installing holiday lights and decorations. According to the National Fire Protection Association (NFPA), U.S. fire departments respond to an average of 835 home structure fires per year that begin with holiday decorations, not including Christmas trees.
Neutral
PRNewsWire
2 weeks ago
FirstEnergy Awarded $50 Million Smart Grid Grant by U.S. Department of Energy
Projects to enhance reliability for more than 53,000 customers in West Virginia and Maryland FAIRMONT, W.Va. , Nov. 14, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has been awarded $50 million in federal funding by the U.S. Department of Energy's Grid Deployment Office for projects that will enhance electric service reliability for more than 53,000 Mon Power and Potomac Edison customers in West Virginia and Maryland.
Neutral
PRNewsWire
2 weeks ago
JCP&L Moving Power Lines Underground in Portions of Somerset County
Grid upgrades will also relocate lines away from hard-to-access railroad tracks HOLMDEL, N.J. , Nov. 13, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is relocating and upgrading power lines in portions of Bernardsville, Somerset County, to enhance electric service for customers in Bernardsville and nearby towns.
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