Crawford Investment Counsel Inc. Purchases 6,861 Shares of WEC Energy Group, Inc. $WEC

Crawford Investment Counsel Inc. grew its position in shares of WEC Energy Group, Inc. (NYSE:WEC) by 0.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,100,872 shares of the utilities provider’s stock after purchasing an additional 6,861 shares during the quarter. WEC Energy Group makes up about 2.1% of Crawford Investment Counsel Inc.’s portfolio, making the stock its 7th biggest holding. Crawford Investment Counsel Inc. owned 0.34% of WEC Energy Group worth $126,149,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. CoreFirst Bank & Trust acquired a new stake in WEC Energy Group during the second quarter valued at $26,000. Osterweis Capital Management Inc. purchased a new position in WEC Energy Group in the second quarter valued at $27,000. New England Capital Financial Advisors LLC increased its holdings in WEC Energy Group by 265.8% in the second quarter. New England Capital Financial Advisors LLC now owns 278 shares of the utilities provider’s stock valued at $29,000 after buying an additional 202 shares in the last quarter. Salomon & Ludwin LLC acquired a new position in shares of WEC Energy Group in the third quarter worth about $30,000. Finally, Capital A Wealth Management LLC boosted its stake in shares of WEC Energy Group by 5,116.7% during the 2nd quarter. Capital A Wealth Management LLC now owns 313 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 307 shares in the last quarter. 77.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at WEC Energy Group

In other WEC Energy Group news, Director Ulice Payne, Jr. sold 1,450 shares of WEC Energy Group stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $114.60, for a total transaction of $166,170.00. Following the sale, the director owned 20,541 shares of the company’s stock, valued at $2,353,998.60. The trade was a 6.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Gale E. Klappa sold 5,000 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $116.55, for a total transaction of $582,750.00. Following the sale, the director directly owned 276,600 shares of the company’s stock, valued at $32,237,730. The trade was a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 42,354 shares of company stock valued at $4,855,505 over the last ninety days. Company insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on WEC shares. BTIG Research restated a “buy” rating and set a $135.00 target price on shares of WEC Energy Group in a research report on Friday, January 30th. Argus raised WEC Energy Group to a “strong-buy” rating in a report on Monday, February 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of WEC Energy Group in a research report on Monday, December 29th. JPMorgan Chase & Co. upped their target price on WEC Energy Group from $113.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Finally, Wells Fargo & Company decreased 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. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, WEC Energy Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $120.67.

WEC Energy Group Trading Up 2.1%

Shares of WEC Energy Group stock opened at $117.48 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.44 and a debt-to-equity ratio of 1.35. WEC Energy Group, Inc. has a twelve month low of $100.61 and a twelve month high of $118.18. The firm has a market capitalization of $38.24 billion, a PE ratio of 24.32, a P/E/G ratio of 2.82 and a beta of 0.58. The firm’s 50-day moving average price is $111.90 and its 200 day moving average price is $110.81.

WEC Energy Group (NYSE:WEC) last posted its quarterly earnings data on Thursday, February 5th. The utilities provider reported $1.42 EPS for the quarter, topping the consensus estimate of $1.39 by $0.03. WEC Energy Group had a return on equity of 12.40% and a net margin of 15.90%.The company had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same period in the previous year, the business earned $1.43 EPS. WEC Energy Group’s quarterly revenue was down 8.8% on a year-over-year basis. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, sell-side analysts predict that WEC Energy Group, Inc. will post 5.23 EPS for the current fiscal year.

About WEC Energy Group

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.