FirstEnergy (FE, $39.07) is selling $2.4 million of its transmission business to Brookfield Asset Management
FirstEnergy is selling a nearly 20% stake in its transmission business to Brookfield Asset Management for $2.4 billion.
Under the terms of the agreement, Brookfield's infrastructure group would purchase a 19.9% stake in FirstEnergy Transmission LLC that includes subsidiaries American Transmission Systems, Mid-Atlantic Interstate Transmission and Trans-Allegheny Interstate Line Co. The deal implies an electric utility valuation of 40 times trailing earnings per share for the past 12 months.
The electric utility company also announced a deal to issue $1 billion in common stock to Blackstone Infrastructure Partners at $39.08 a share, for smart grid and clean energy transition initiatives.
The deals raise $3.4 billion in equity proceeds, which FirstEnergy aims to use to bolster its financial position, capitalize on incremental investment opportunities and address all equity plans, according to the company ‘s statement.
FE's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for FE turned positive on June 27, 2025. Looking at past instances where FE's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on July 17, 2025. You may want to consider a long position or call options on FE as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FE advanced for three days, in of 354 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for FE entered a downward trend on June 27, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.112) is normal, around the industry mean (1.710). P/E Ratio (19.577) is within average values for comparable stocks, (23.490). Projected Growth (PEG Ratio) (1.280) is also within normal values, averaging (2.640). Dividend Yield (0.042) settles around the average of (0.069) among similar stocks. P/S Ratio (1.711) is also within normal values, averaging (3.122).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 65, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. FE’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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General Information
a distributor of electricity and provides energy-related services
Industry ElectricUtilities
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