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47,384 WEC Energy Group, Inc. $WEC Shares Acquired by International Assets Investment Management LLC

WEC Energy Group logo with Utilities background
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Key Points

  • International Assets Investment Management increased its WEC Energy Group position by 1,811.3% in the third quarter, acquiring 47,384 shares and bringing its holdings to 50,000 shares valued at approximately $5.04 million.
  • WEC reported stronger-than-expected quarterly results, with EPS of $1.18 versus the $0.97 consensus and revenue of $2.29 billion, up 8.9% year over year. The company also declared a quarterly dividend of $0.9525 per share, representing a 3.3% annualized yield.
  • Analysts maintain a generally cautious outlook, with a consensus “Hold” rating and an average price target of $118.00; eight analysts rate the stock Buy, nine Hold and one Sell.
  • Five stocks we like better than WEC Energy Group.

International Assets Investment Management LLC raised its position in WEC Energy Group, Inc. (NYSE:WEC - Free Report) by 1,811.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,000 shares of the utilities provider's stock after buying an additional 47,384 shares during the quarter. International Assets Investment Management LLC's holdings in WEC Energy Group were worth $5,039,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in WEC. Whittier Trust Co. of Nevada Inc. grew its stake in shares of WEC Energy Group by 972.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 236 shares of the utilities provider's stock worth $28,000 after acquiring an additional 214 shares during the period. John Boyer Inc. bought a new stake in WEC Energy Group in the 3rd quarter valued at about $25,000. Compass Financial Management LLC bought a new stake in WEC Energy Group in the 2nd quarter valued at about $29,000. Silvant Capital Management LLC purchased a new stake in WEC Energy Group during the second quarter valued at about $34,000. Finally, Paladin Partners LLC purchased a new stake in WEC Energy Group during the second quarter valued at about $34,000. Hedge funds and other institutional investors own 77.20% of the company's stock.

Insider Buying and Selling

In other WEC Energy Group news, Director Ulice Payne, Jr. sold 980 shares of the business's stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $105.58, for a total value of $103,468.40. Following the completion of the transaction, the director owned 19,588 shares of the company's stock, valued at $2,068,101.04. The trade was a 4.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.46% of the stock is currently owned by corporate insiders.

WEC Energy Group Price Performance

WEC Energy Group stock opened at $116.19 on Monday. The stock has a market cap of $37.86 billion, a price-to-earnings ratio of 21.09, a PEG ratio of 2.39 and a beta of 0.43. The company has a quick ratio of 0.36, a current ratio of 0.53 and a debt-to-equity ratio of 1.34. The business has a 50-day simple moving average of $105.85 and a 200 day simple moving average of $111.43. WEC Energy Group, Inc. has a 52 week low of $99.80 and a 52 week high of $119.91.

WEC Energy Group (NYSE:WEC - Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The utilities provider reported $1.18 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.21. The firm had revenue of $2.29 billion for the quarter, compared to analysts' expectations of $2.27 billion. WEC Energy Group had a return on equity of 13.49% and a net margin of 17.54%. The company's revenue was up 8.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.83 EPS. On average, research analysts forecast that WEC Energy Group, Inc. will post 5.61 earnings per share for the current fiscal year.

WEC Energy Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be given a dividend of $0.9525 per share. The ex-dividend date is Friday, November 13th. This represents a $3.81 annualized dividend and a yield of 3.3%. WEC Energy Group's payout ratio is presently 69.15%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on WEC. Weiss Ratings lowered shares of WEC Energy Group from a "buy (b)" rating to a "buy (b-)" rating in a research report on Friday, September 25th. Jefferies Financial Group lowered their price target on shares of WEC Energy Group from $120.00 to $116.00 and set a "hold" rating on the stock in a research report on Wednesday, October 21st. JPMorgan Chase & Co. lowered their price target on shares of WEC Energy Group from $121.00 to $116.00 and set a "neutral" rating on the stock in a research report on Tuesday, October 13th. LADENBURG THALM/SH SH dropped their price target on shares of WEC Energy Group from $110.50 to $108.50 and set a "neutral" rating on the stock in a research note on Wednesday, August 19th. Finally, Scotiabank raised their price objective on shares of WEC Energy Group from $117.00 to $128.00 and gave the stock a "sector outperform" rating in a report on Friday. Eight equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $118.00.

Check Out Our Latest Research Report on WEC Energy Group

WEC Energy Group News Roundup

Here are the key news stories impacting WEC Energy Group this week:

  • Positive Sentiment: Third-quarter earnings beat expectations. WEC reported $1.18 in adjusted EPS versus the $0.97 analyst consensus, while revenue rose 8.9% year over year to $2.29 billion. Net income increased to $389.3 million from $271.3 million, supported by strong electricity demand, favorable weather and operating efficiencies. WEC Energy Group reports third-quarter results
  • Positive Sentiment: Management raised its 2026 earnings guidance, reinforcing confidence in continued demand growth and execution. The guidance increase, combined with the quarterly earnings beat, is a key catalyst for investor optimism. WEC raises 2026 earnings guidance
  • Positive Sentiment: WEC outlined a $47.5 billion 2027–2031 capital plan and is targeting annual EPS growth of 7% to 9% or more. The investment program could expand the regulated asset base and support long-term earnings and dividend growth. WEC capital plan and EPS growth targets
  • Positive Sentiment: Analysts raised their price targets and issued constructive ratings. Scotiabank lifted its target to $128 with a “sector outperform” rating, while Wells Fargo raised its target to $129 and maintained an “overweight” rating. The revised targets imply approximately 10%–11% potential upside from the referenced price.
  • Neutral Sentiment: WEC is reportedly in discussions regarding a 400-megawatt data-center project. Securing the project could create additional electricity demand, although the talks have not resulted in a confirmed agreement. WEC data-center project discussions
  • Neutral Sentiment: HSBC initiated coverage with a “hold” rating, providing a more cautious view that offsets some of the recent bullish analyst actions.

About WEC Energy Group

(Free Report)

WEC Energy Group, Inc is an energy holding company headquartered in Milwaukee, Wisconsin. Through its operating companies, the company generates and delivers electricity and provides natural gas distribution, storage and related energy services to residential, commercial and industrial customers.

WEC Energy's principal utility businesses include We Energies and Wisconsin Public Service in Wisconsin, Michigan Gas Utilities, Minnesota Energy Resources, Upper Michigan Energy Resources and North Dakota utility operations.

Read More

Institutional Ownership by Quarter for WEC Energy Group (NYSE:WEC)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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