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BLB&B Advisors LLC Acquires New Stake in WEC Energy Group, Inc. $WEC

WEC Energy Group logo with Utilities background
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Key Points

  • BLB&B Advisors LLC acquired a new stake of 57,802 shares in WEC Energy Group during Q4, valued at about $6.10 million, while institutional investors now own roughly 77.2% of the stock.
  • Insiders have been net sellers recently—42,354 shares totaling approximately $4.86 million were sold in the past three months, including transactions by VP Mary Beth Straka and Director Ulice Payne Jr.
  • Analysts hold a consensus "Moderate Buy" with an average target of $120.73; WEC beat Q4 EPS estimates ($1.42 vs. $1.39) and issued FY2026 guidance of $5.51–$5.61 EPS versus analysts' ~5.23 forecast.
  • MarketBeat previews the top five stocks to own by May 1st.

BLB&B Advisors LLC acquired a new stake in WEC Energy Group, Inc. (NYSE:WEC - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 57,802 shares of the utilities provider's stock, valued at approximately $6,096,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. CVA Family Office LLC boosted its stake in shares of WEC Energy Group by 25.4% during the third quarter. CVA Family Office LLC now owns 440 shares of the utilities provider's stock valued at $50,000 after purchasing an additional 89 shares during the period. Blossom Wealth Management grew its holdings in shares of WEC Energy Group by 1.4% in the third quarter. Blossom Wealth Management now owns 6,439 shares of the utilities provider's stock worth $738,000 after purchasing an additional 90 shares during the last quarter. Moors & Cabot Inc. increased its stake in WEC Energy Group by 1.7% in the 3rd quarter. Moors & Cabot Inc. now owns 5,511 shares of the utilities provider's stock worth $632,000 after buying an additional 93 shares during the period. Ellenbecker Investment Group lifted its holdings in WEC Energy Group by 0.5% during the 3rd quarter. Ellenbecker Investment Group now owns 20,117 shares of the utilities provider's stock valued at $2,305,000 after buying an additional 95 shares in the last quarter. Finally, MBE Wealth Management LLC lifted its holdings in WEC Energy Group by 3.5% during the 3rd quarter. MBE Wealth Management LLC now owns 2,793 shares of the utilities provider's stock valued at $320,000 after buying an additional 95 shares in the last quarter. 77.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling at WEC Energy Group

In other WEC Energy Group news, VP Mary Beth Straka sold 2,815 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $115.50, for a total transaction of $325,132.50. Following the sale, the vice president owned 4,707 shares of the company's stock, valued at approximately $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 can be accessed through this hyperlink. Also, 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 value of $166,170.00. Following the completion of the transaction, the director owned 20,541 shares in the company, valued at $2,353,998.60. This represents a 6.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 42,354 shares of company stock valued at $4,855,505. 0.46% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on WEC. Argus upgraded shares of WEC Energy Group to a "strong-buy" rating in a research note on Monday, February 9th. Wells Fargo & Company decreased their price target on shares of WEC Energy Group from $124.00 to $117.00 and set an "overweight" rating for the company in a research note on Tuesday, January 20th. Weiss Ratings reiterated a "buy (b)" rating on shares of WEC Energy Group in a report on Monday, December 29th. Mizuho increased their price objective on WEC Energy Group from $117.00 to $121.00 and gave the stock an "outperform" rating in a research note on Friday, February 6th. Finally, BMO Capital Markets restated a "market perform" rating and set a $121.00 price objective on shares of WEC Energy Group in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, WEC Energy Group currently has an average rating of "Moderate Buy" and an average target price of $120.73.

Get Our Latest Research Report on WEC Energy Group

WEC Energy Group Stock Up 0.2%

Shares of WEC Energy Group stock opened at $116.53 on Wednesday. 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, Inc. has a 1 year low of $100.61 and a 1 year high of $119.62. The firm's 50-day moving average is $115.25 and its two-hundred day moving average is $111.88. The stock has a market cap of $37.95 billion, a price-to-earnings ratio of 24.13, a PEG ratio of 2.79 and a beta of 0.53.

WEC Energy Group (NYSE:WEC - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The utilities provider reported $1.42 EPS for the quarter, beating the consensus estimate of $1.39 by $0.03. WEC Energy Group had a net margin of 15.90% and a return on equity of 12.40%. The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same quarter in the previous year, the business posted $1.43 EPS. The company's quarterly revenue was down 8.8% compared to the same quarter last year. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. As a group, research analysts expect that WEC Energy Group, Inc. will post 5.23 earnings per share for the current fiscal year.

WEC Energy Group Profile

(Free Report)

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.

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

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