Alliance Wealth Advisors LLC UT Sells 12,422 Shares of WEC Energy Group, Inc. $WEC

Key Points

• Alliance Wealth Advisors LLC UT reduced its stake in WEC Energy Group by 33.7%, selling 12,422 shares in Q4 and retaining 24,413 shares valued at $2.575 million.
• WEC beat Q4 EPS expectations ($1.42 vs. $1.39) despite revenue declining 8.8% year-over-year, and set FY2026 guidance at 5.510–5.610 EPS, roughly in line with analyst expectations of 5.6 EPS.
• The company declared a quarterly dividend of $0.9525 (annualized $3.81) for a 3.3% yield (ex-dividend May 14, payable June 1), while insiders sold about 42,354 shares (~$4.86M) in the past three months.

Alliance Wealth Advisors LLC UT lowered its position in shares of WEC Energy Group, Inc. (NYSE:WEC - Free Report) by 33.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 24,413 shares of the utilities provider's stock after selling 12,422 shares during the quarter. Alliance Wealth Advisors LLC UT's holdings in WEC Energy Group were worth $2,575,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of WEC. Torren Management LLC acquired a new position in shares of WEC Energy Group in the 4th quarter valued at $26,000. Osterweis Capital Management Inc. acquired a new stake in WEC Energy Group during the 2nd quarter worth $27,000. Harbor Investment Advisory LLC raised its stake in WEC Energy Group by 256.4% during the 4th quarter. Harbor Investment Advisory LLC now owns 278 shares of the utilities provider's stock worth $29,000 after buying an additional 200 shares during the period. Salomon & Ludwin LLC bought a new position in WEC Energy Group during the third quarter worth about $30,000. Finally, Cornerstone Planning Group LLC lifted its holdings in WEC Energy Group by 2,400.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 275 shares of the utilities provider's stock worth $30,000 after acquiring an additional 264 shares in the last quarter. Institutional investors own 77.20% of the company's stock.

WEC Energy Group Stock Performance

WEC opened at $116.46 on Tuesday. The company has a market capitalization of $37.93 billion, a price-to-earnings ratio of 24.11, a P/E/G ratio of 2.82 and a beta of 0.50. The business's 50-day moving average price is $115.66 and its two-hundred day moving average price is $111.96. WEC Energy Group, Inc. has a 1 year low of $100.61 and a 1 year high of $119.62. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.59 and a quick ratio of 0.44.

WEC Energy Group (NYSE:WEC - Get Free Report) last posted 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 company had revenue of $2.54 billion during the quarter, compared to analysts' expectations of $2.19 billion. WEC Energy Group had a return on equity of 12.40% and a net margin of 15.90%.WEC Energy Group's revenue for the quarter was down 8.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.43 earnings per share. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. Equities analysts expect that WEC Energy Group, Inc. will post 5.6 EPS for the current fiscal year.

WEC Energy Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Thursday, May 14th will be issued a dividend of $0.9525 per share. The ex-dividend date is Thursday, May 14th. This represents a $3.81 annualized dividend and a yield of 3.3%. WEC Energy Group's dividend payout ratio is presently 78.88%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Wells Fargo & Company restated an "overweight" rating and issued a $127.00 price target on shares of WEC Energy Group in a report on Tuesday, April 21st. Royal Bank Of Canada reiterated a "sector perform" rating and set a $127.00 price objective on shares of WEC Energy Group in a report on Friday, January 23rd. JPMorgan Chase & Co. boosted 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. Argus raised WEC Energy Group to a "strong-buy" rating in a research note on Monday, February 9th. Finally, Mizuho raised their target price on shares of WEC Energy Group from $117.00 to $121.00 and gave the stock an "outperform" rating in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $121.94.

Insider Buying and Selling at WEC Energy Group

In other news, VP Mary Beth Straka sold 2,815 shares of the firm's stock in a transaction dated 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 transaction, the vice president owned 4,707 shares in the company, valued at $543,658.50. This trade represents a 37.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gale E. Klappa sold 25,000 shares of the firm's stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $115.44, for a total value of $2,886,000.00. Following the completion of the transaction, the director owned 276,600 shares of the company's stock, valued at $31,930,704. The trade was a 8.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 42,354 shares of company stock worth $4,855,505 in the last three months. 0.46% of the stock is currently owned by company insiders.

WEC Energy Group 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.

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.