FirstEnergy Corp. (FE)

FirstEnergy's stock price has increased in the past six months. As of April 2, 2026, the share price was $51.31, a 32.55% increase from $38.71 on April 7, 2025. The stock hit a new 52-week high after Barclays raised its price target to $53.00. FirstEnergy reported its Q4 2025 earnings on February 17, 2026, with an EPS of $0.53, beating estimates. The company also announced its 2025 financial results, affirmed its 2026 guidance, and provided a long-term financial outlook. Ongoing grid investment plans and regulatory developments could impact the stock.

Demand for FirstEnergy's electricity exhibits seasonality, rising during summer months due to increased air conditioning usage and during colder winter months for heating. FirstEnergy undertakes proactive measures to prepare its electric grid for these periods of high demand and offers programs to help customers manage seasonal fluctuations in their electric bills.

FirstEnergy Corp. is an electric utility company established in 1997 and headquartered in Akron, Ohio. It operates within the utilities sector, focusing on the generation, transmission, and distribution of electricity, as well as energy management and related services. The company's power generation assets include coal-fired, nuclear, hydroelectric, wind, and solar facilities. FirstEnergy provides regulated electric service to residential, commercial, and industrial customers, operating extensive distribution and transmission lines, and offers home repair plans and surge assistance.

FirstEnergy's electric distribution companies form one of the largest investor-owned electric systems in the United States, serving over 6 million customers across a 65,000-square-mile area. Its service territory spans six states: Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions.

FirstEnergy has received national recognition from Forbes, securing spots on its 2026 lists for "America's Most Trusted Companies" and "America's Best Companies." The company has also been recognized for its corporate responsibility efforts, including environmental initiatives and community involvement. FirstEnergy has also received awards for outage restoration efforts and its ethics and compliance program.

FirstEnergy's ownership is predominantly held by institutional investors, accounting for approximately 85.06% to 89.41% of its shares. Key institutional shareholders include Capital World Investors, Vanguard Group Inc., BlackRock, Inc., State Street Corp, and Blackstone Inc. Individual insider ownership is minimal, typically under 1% or 0.17%.