CCM Investment Advisers LLC Decreases Position in FirstEnergy Corporation $FE

CCM Investment Advisers LLC lessened its holdings in FirstEnergy Corporation (NYSE:FE) by 33.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 204,027 shares of the utilities provider’s stock after selling 100,457 shares during the period. CCM Investment Advisers LLC’s holdings in FirstEnergy were worth $10,336,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of FE. State of Wyoming purchased a new stake in shares of FirstEnergy during the second quarter worth $25,000. DV Equities LLC purchased a new position in FirstEnergy in the fourth quarter valued at $33,000. Quest 10 Wealth Builders Inc. grew its stake in FirstEnergy by 507.9% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 766 shares of the utilities provider’s stock worth $34,000 after purchasing an additional 640 shares in the last quarter. Summit Securities Group LLC grew its stake in FirstEnergy by 148.0% during the 4th quarter. Summit Securities Group LLC now owns 771 shares of the utilities provider’s stock worth $35,000 after purchasing an additional 2,376 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new position in FirstEnergy during the 1st quarter worth $37,000. Institutional investors and hedge funds own 89.41% of the company’s stock.

FirstEnergy Trading Down 0.8%

FE opened at $48.76 on Friday. FirstEnergy Corporation has a one year low of $41.87 and a one year high of $52.34. The company has a market cap of $28.21 billion, a P/E ratio of 25.93, a PEG ratio of 2.35 and a beta of 0.47. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.42 and a current ratio of 0.54. The business’s 50-day simple moving average is $47.54 and its 200-day simple moving average is $48.25.

FirstEnergy (NYSE:FE) last posted its earnings results on Tuesday, July 28th. The utilities provider reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. The firm had revenue of $3.68 billion during the quarter, compared to analysts’ expectations of $3.51 billion. FirstEnergy had a return on equity of 10.51% and a net margin of 6.86%.During the same quarter in the previous year, the business earned $0.52 earnings per share. As a group, equities research analysts expect that FirstEnergy Corporation will post 2.73 EPS for the current fiscal year.

FirstEnergy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be issued a dividend of $0.465 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $1.86 dividend on an annualized basis and a yield of 3.8%. FirstEnergy’s dividend payout ratio (DPR) is presently 101.09%.

Key Headlines Impacting FirstEnergy

Here are the key news stories impacting FirstEnergy this week:

• Positive Sentiment: Strong Q2 performance: FirstEnergy reported quarterly earnings in line with consensus and revenue of $3.68 billion, above the $3.51 billion estimate. Transmission growth and higher electricity demand supported the results. FirstEnergy Q2 Earnings Beat Estimates on Strong Transmission Growth
• Positive Sentiment: Data-center demand is a major catalyst: Growing electricity needs from data centers are improving the outlook for FirstEnergy’s transmission and distribution investments, potentially supporting rate-base growth and earnings over time. The shares also reached a technical buy point, indicating constructive momentum from some market participants. Data centers boost FirstEnergy prospects
• Positive Sentiment: Guidance and strategy reaffirmed: Management maintained its earnings outlook and emphasized long-term grid modernization, transmission expansion and regulatory investment plans. That supports the company’s profile as a regulated utility with relatively visible future cash flows. FirstEnergy Reports Strong Second Quarter 2026 Results
• Neutral Sentiment: Valuation remains debated: Analysts and market commentary differ on whether FE is undervalued after earnings. At roughly 26 times earnings, the stock may require continued execution and sustained demand growth to justify further gains. Is FirstEnergy Undervalued After Its Q2 2026 Earnings Update?
• Negative Sentiment: Investment and balance-sheet risks remain: FirstEnergy’s grid expansion requires significant capital spending, while its debt-to-equity ratio of 1.88 and low liquidity ratios could limit financial flexibility. Regulatory approval and execution are also important to realizing the expected benefits.

Analyst Ratings Changes

A number of research firms have issued reports on FE. Weiss Ratings lowered FirstEnergy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, June 17th. New Street Research set a $52.00 price objective on FirstEnergy in a research report on Tuesday, April 21st. Jefferies Financial Group upped their target price on shares of FirstEnergy from $50.00 to $52.00 and gave the stock a “hold” rating in a research note on Tuesday, April 21st. UBS Group raised their target price on shares of FirstEnergy from $50.00 to $51.00 and gave the company a “neutral” rating in a report on Thursday, June 11th. Finally, Barclays raised their target price on shares of FirstEnergy from $53.00 to $55.00 and gave the company an “overweight” rating in a report on Monday, July 20th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $52.92.

FirstEnergy Profile

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.