FirstEnergy beat earnings estimates, raised 2025 guidance, and saw increased institutional ownership.

FirstEnergy reported strong second-quarter earnings, with $0.83 EPS, beating estimates by $0.07, and revenue rising 10.8% year-over-year to $4.15 billion. The utility raised its 2025 full-year EPS guidance to $2.50–$2.56, while analysts expect $2.66. The stock, trading at $45.92, has a consensus “Moderate Buy” rating and a $49.08 target price. FirstEnergy pays a quarterly dividend of $0.445, yielding 3.9%. Institutional investors collectively own 89.41% of the company, with several major funds increasing their stakes, including Mitsubishi UFJ Trust & Banking Corp, Geode Capital, and the National Pension Service. The company operates in regulated electricity generation, transmission, and distribution, using coal, nuclear, hydro, wind, and solar sources.