Dimensional Fund Advisors LP Acquires 208,855 Shares of FirstEnergy Corporation $FE

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Dimensional Fund Advisors LP increased its holdings in FirstEnergy Corporation by 8.6% in the third quarter, acquiring an additional 208,855 shares, bringing their total to 2,623,416 shares valued at approximately $120.2 million. FirstEnergy recently reported strong quarterly earnings, beating estimates, and raised its quarterly dividend despite a high payout ratio. Analyst sentiment for FirstEnergy is “Moderate Buy” with an average price target of $49.31.

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