NBC Securities Inc. Has $3.42 Million Position in WEC Energy Group, Inc. $WEC

Key Points

• NBC Securities dramatically increased its stake in WEC, boosting holdings by 5,040.6% to 32,386 shares worth about $3.42 million at quarter-end.
• WEC posted a slight quarterly EPS beat ($1.42 vs. $1.39) and set FY 2026 guidance of $5.510–5.610 EPS, in line with the sell‑side average of about 5.6 and an overall MarketBeat consensus rating of "Hold" (average price target $121.94).
• The company pays a quarterly dividend of $0.9525 (annualized $3.81, or a 3.3% yield), while insiders sold 42,354 shares last quarter totaling roughly $4.86 million, leaving insiders with 0.46% ownership.

NBC Securities Inc. raised its position in shares of WEC Energy Group, Inc. (NYSE:WEC - Free Report) by 5,040.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,386 shares of the utilities provider's stock after purchasing an additional 31,756 shares during the quarter. NBC Securities Inc.'s holdings in WEC Energy Group were worth $3,415,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Cornerstone Enterprises LLC bought a new stake in WEC Energy Group in the fourth quarter worth $372,000. N.E.W. Advisory Services LLC raised its position in shares of WEC Energy Group by 11.0% during the fourth quarter. N.E.W. Advisory Services LLC now owns 38,346 shares of the utilities provider's stock valued at $4,044,000 after buying an additional 3,813 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of WEC Energy Group by 1.6% during the fourth quarter. Geneos Wealth Management Inc. now owns 16,175 shares of the utilities provider's stock valued at $1,706,000 after buying an additional 247 shares during the last quarter. Diversified Enterprises LLC raised its position in shares of WEC Energy Group by 84.6% during the fourth quarter. Diversified Enterprises LLC now owns 3,384 shares of the utilities provider's stock valued at $357,000 after buying an additional 1,551 shares during the last quarter. Finally, Spectrum Investment Advisors Inc. acquired a new position in shares of WEC Energy Group during the fourth quarter valued at about $507,000. 77.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on WEC. Barclays increased their price target on shares of WEC Energy Group from $111.00 to $117.00 and gave the stock an "equal weight" rating in a research report on Monday. JPMorgan Chase & Co. increased their price target on shares of WEC Energy Group from $113.00 to $115.00 and gave the company a "neutral" rating in a research note on Thursday, January 15th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of WEC Energy Group in a research note on Monday, December 29th. Argus raised shares of WEC Energy Group to a "strong-buy" rating in a research note on Monday, February 9th. Finally, BTIG Research reiterated a "buy" rating and issued a $135.00 target price on shares of WEC Energy Group in a report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $121.94.

Insider Activity at WEC Energy Group

In other WEC Energy Group news, VP Mary Beth Straka sold 2,815 shares of the business's stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $115.50, for a total transaction of $325,132.50. Following the sale, the vice president directly owned 4,707 shares of the company's stock, valued at $543,658.50. The trade was a 37.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ulice Payne, Jr. sold 1,450 shares of the business's stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $114.60, for a total transaction of $166,170.00. Following the sale, the director directly owned 20,541 shares in the company, valued at $2,353,998.60. The trade was a 6.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 42,354 shares of company stock valued at $4,855,505 in the last quarter. 0.46% of the stock is owned by company insiders.

WEC Energy Group Stock Performance

Shares of WEC stock opened at $115.62 on Friday. The company has a market capitalization of $37.66 billion, a price-to-earnings ratio of 23.94, a PEG ratio of 2.72 and a beta of 0.53. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.44 and a current ratio of 0.59. The company has a 50-day simple moving average of $115.58 and a 200 day simple moving average of $111.98. WEC Energy Group, Inc. has a 52 week low of $100.61 and a 52 week high of $119.62.

WEC Energy Group (NYSE:WEC - Get Free Report) last announced its earnings results on Thursday, February 5th. The utilities provider reported $1.42 EPS for the quarter, topping 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 the consensus estimate of $2.19 billion. During the same quarter in the previous year, the firm posted $1.43 EPS. WEC Energy Group's 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. On average, sell-side analysts predict that WEC Energy Group, Inc. will post 5.6 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 given a dividend of $0.9525 per share. This represents a $3.81 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Thursday, May 14th. WEC Energy Group's dividend payout ratio is currently 78.88%.

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.

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