WEC Energy Group, Inc. $WEC Shares Purchased by Brentview Investment Management LLC

Brentview Investment Management LLC increased its stake in shares of WEC Energy Group, Inc. (NYSE:WEC) by 36.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 47,137 shares of the utilities provider’s stock after acquiring an additional 12,484 shares during the period. WEC Energy Group makes up approximately 2.2% of Brentview Investment Management LLC’s holdings, making the stock its 23rd largest holding. Brentview Investment Management LLC’s holdings in WEC Energy Group were worth $4,971,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. KeyCorp upped their price target on WEC Energy Group from $117.00 to $126.00 and gave the company an “overweight” rating in a research report on Wednesday, March 4th. Truist Financial dropped their price target on WEC Energy Group from $124.00 to $119.00 and set a “hold” rating on the stock in a research report on Monday, May 18th. Argus raised WEC Energy Group to a “strong-buy” rating in a research report on Monday, February 9th. Wall Street Zen lowered WEC Energy Group from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $127.00 price target on shares of WEC Energy Group in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $122.13.

WEC Energy Group Price Performance

Shares of WEC opened at $111.07 on Monday. The company has a market cap of $36.18 billion, a P/E ratio of 22.17, a PEG ratio of 2.67 and a beta of 0.47. The stock has a fifty day moving average price of $114.22 and a 200 day moving average price of $111.66. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.68 and a quick ratio of 0.54. WEC Energy Group, Inc. has a 12 month low of $102.49 and a 12 month high of $119.62.

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

WEC Energy Group Announces Dividend

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

Insider Buying and Selling

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

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.