Capital World Investors Buys 305,531 Shares of FirstEnergy Corporation $FE

2026-03-11 13:23:06

Capital World Investors increased its stake in FirstEnergy Corporation by 305,531 shares, bringing its total holding to over 78 million shares valued at approximately $3.59 billion, representing 13.56% of the company. FirstEnergy recently exceeded quarterly EPS and revenue expectations, and raised its quarterly dividend to $0.465, resulting in an annualized yield of 3.6%. The company holds a “Moderate Buy” consensus rating from analysts with an average price target of $49.31 and its stock is currently trading near $50.98.

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