Commonwealth of Pennsylvania Public School Empls Retrmt SYS Purchases 8,621 Shares of WEC Energy Group, Inc. $WEC

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in WEC Energy Group, Inc. (NYSE:WEC) by 1.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 658,310 shares of the utilities provider’s stock after buying an additional 8,621 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 0.20% of WEC Energy Group worth $69,425,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Godfrey Financial Associates Inc. purchased a new position in WEC Energy Group in the 4th quarter valued at approximately $25,000. Torren Management LLC purchased a new position in WEC Energy Group in the 4th quarter valued at approximately $26,000. Osterweis Capital Management Inc. purchased a new position in WEC Energy Group in the 2nd quarter valued at approximately $27,000. Harbor Investment Advisory LLC grew its stake in WEC Energy Group by 256.4% in the 4th quarter. Harbor Investment Advisory LLC now owns 278 shares of the utilities provider’s stock valued at $29,000 after buying an additional 200 shares in the last quarter. Finally, Cornerstone Planning Group LLC grew its stake in WEC Energy Group by 2,400.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 275 shares of the utilities provider’s stock valued at $30,000 after buying an additional 264 shares in the last quarter. 77.20% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Daniel Krueger sold 4,665 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $110.96, for a total value of $517,628.40. Following the completion of the transaction, the executive vice president directly owned 7,346 shares in the company, valued at approximately $815,112.16. This represents a 38.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.46% of the stock is owned by insiders.

WEC Energy Group Trading Down 0.5%

Shares of WEC stock opened at $111.07 on Friday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.54 and a current ratio of 0.68. WEC Energy Group, Inc. has a 52-week low of $102.49 and a 52-week high of $119.62. The company has a market capitalization of $36.18 billion, a PE ratio of 22.17, a price-to-earnings-growth ratio of 2.67 and a beta of 0.50. The business’s fifty day moving average is $114.22 and its 200 day moving average is $111.66.

WEC Energy Group (NYSE:WEC) last issued its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.30 by $0.15. WEC Energy Group had a return on equity of 12.72% and a net margin of 16.25%.The company had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter last year, the business posted $2.27 earnings per share. The firm’s revenue was up 9.0% compared to the same quarter last year. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, equities research analysts anticipate that WEC Energy Group, Inc. will post 5.59 EPS for the current fiscal year.

WEC Energy Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Thursday, May 14th will be given a dividend of $0.9525 per share. The ex-dividend date is Thursday, May 14th. This represents a $3.81 dividend on an annualized basis and a yield of 3.4%. WEC Energy Group’s dividend payout ratio (DPR) is presently 76.05%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on WEC. Wells Fargo & Company reiterated an “overweight” rating and issued a $127.00 price objective on shares of WEC Energy Group in a research note on Tuesday, April 21st. Wall Street Zen cut shares of WEC Energy Group from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th. Argus raised shares of WEC Energy Group to a “strong-buy” rating in a research note on Monday, February 9th. Barclays boosted their price objective on shares of WEC Energy Group from $111.00 to $117.00 and gave the company an “equal weight” rating in a research note on Monday, April 20th. Finally, Mizuho set a $124.00 price objective on shares of WEC Energy Group in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $122.13.

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.