WEC Energy Group (NYSE:WEC) VP Sells $325,132.50 in Stock

WEC Energy Group, Inc. (NYSE:WEC) VP Mary Beth Straka sold 2,815 shares of WEC Energy Group stock in a transaction on Friday, February 13th. The stock was sold at an average price of $115.50, for a total value of $325,132.50. Following the completion of the sale, the vice president directly owned 4,707 shares of the company’s stock, valued at $543,658.50. The trade was a 37.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

WEC Energy Group Trading Up 0.1%

Shares of NYSE:WEC opened at $114.36 on Friday. The stock’s 50-day simple moving average is $108.73 and its two-hundred day simple moving average is $110.05. The stock has a market capitalization of $37.20 billion, a price-to-earnings ratio of 23.68, a PEG ratio of 2.74 and a beta of 0.58. WEC Energy Group, Inc. has a 52-week low of $100.61 and a 52-week high of $118.18. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.44 and a current ratio of 0.59.

WEC Energy Group (NYSE:WEC) last issued its quarterly earnings data on Thursday, February 5th. The utilities provider reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.03. The firm had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.19 billion. WEC Energy Group had a net margin of 15.90% and a return on equity of 12.40%. The business’s quarterly revenue was down 8.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.43 EPS. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. Analysts expect that WEC Energy Group, Inc. will post 5.23 EPS for the current year.

WEC Energy Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Friday, February 13th will be given a dividend of $0.9525 per share. This represents a $3.81 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, February 13th. This is a positive change from WEC Energy Group’s previous quarterly dividend of $0.89. WEC Energy Group’s payout ratio is presently 78.88%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Wells Fargo & Company lowered their target price on WEC Energy Group from $124.00 to $117.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 20th. JPMorgan Chase & Co. lifted their price objective on WEC Energy Group from $113.00 to $115.00 and gave the company a “neutral” rating in a research report on Thursday, January 15th. Bank of America set a $116.00 target price on shares of WEC Energy Group in a report on Wednesday, December 31st. BTIG Research restated a “buy” rating and set a $135.00 target price on shares of WEC Energy Group in a research note on Friday, January 30th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $127.00 price target on shares of WEC Energy Group in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $120.07.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CVA Family Office LLC lifted its holdings in shares of WEC Energy Group by 25.4% in the third quarter. CVA Family Office LLC now owns 440 shares of the utilities provider’s stock worth $50,000 after buying an additional 89 shares in the last quarter. Blossom Wealth Management increased its holdings in WEC Energy Group by 1.4% in the 3rd quarter. Blossom Wealth Management now owns 6,439 shares of the utilities provider’s stock valued at $738,000 after acquiring an additional 90 shares during the last quarter. Inscription Capital LLC lifted its stake in WEC Energy Group by 4.7% in the 4th quarter. Inscription Capital LLC now owns 2,036 shares of the utilities provider’s stock worth $215,000 after purchasing an additional 91 shares in the last quarter. Moors & Cabot Inc. increased its stake in WEC Energy Group by 1.7% in the 3rd quarter. Moors & Cabot Inc. now owns 5,511 shares of the utilities provider’s stock worth $632,000 after acquiring an additional 93 shares during the last quarter. Finally, MTM Investment Management LLC raised its holdings in shares of WEC Energy Group by 3.6% during the 2nd quarter. MTM Investment Management LLC now owns 2,720 shares of the utilities provider’s stock worth $283,000 after acquiring an additional 95 shares in the last quarter. 77.20% of the stock is currently owned by institutional investors.

WEC Energy Group Company Profile

WEC Energy Group is a Milwaukee, Wisconsin–based regulated energy holding company whose primary businesses are the generation, transmission and distribution of electricity and the distribution of natural gas. The company operates through a set of utility subsidiaries that provide bundled energy service, customer billing and energy-related programs to residential, commercial and industrial customers. As a regulated utility group, WEC’s operations focus on delivering reliable service while managing infrastructure investment and compliance with state and federal utility regulation.

Its utility subsidiaries include well-known regional operators such as We Energies and Wisconsin Public Service, along with Chicago-area natural gas utilities that were part of the Integrys Energy Group acquisition.