Park National Corp OH Raises Stake in WEC Energy Group, Inc. $WEC

Key Points

• Park National Corp OH increased its stake in WEC Energy Group by 4,008.6% in Q4, buying 131,724 shares to hold 135,010 shares worth about $14.24 million.
• WEC beat quarterly estimates with $1.42 EPS (vs. $1.39) and $2.54 billion in revenue (vs. $2.19 billion), reported an 8.8% YoY revenue decline, and set FY2026 guidance of $5.510–$5.610 EPS versus analysts' ~$5.23 expectation.
• Insiders have sold roughly 42,354 shares (~$4.86 million) in the last 90 days while institutional investors own 77.2% of the stock; analysts hold a consensus "Moderate Buy" rating with a $120.67 target price.

Park National Corp OH raised its holdings in WEC Energy Group, Inc. (NYSE:WEC - Free Report) by 4,008.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 135,010 shares of the utilities provider's stock after purchasing an additional 131,724 shares during the quarter. Park National Corp OH's holdings in WEC Energy Group were worth $14,238,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. CoreFirst Bank & Trust purchased a new position in shares of WEC Energy Group during the second quarter worth about $26,000. Osterweis Capital Management Inc. acquired a new position in WEC Energy Group in the 2nd quarter valued at about $27,000. Salomon & Ludwin LLC purchased a new stake in WEC Energy Group during the 3rd quarter valued at approximately $30,000. GoalVest Advisory LLC raised its stake in WEC Energy Group by 54.7% during the 4th quarter. GoalVest Advisory LLC now owns 294 shares of the utilities provider's stock valued at $31,000 after acquiring an additional 104 shares during the last quarter. Finally, Capital A Wealth Management LLC lifted its position in WEC Energy Group by 5,116.7% during the 2nd quarter. Capital A Wealth Management LLC now owns 313 shares of the utilities provider's stock worth $33,000 after acquiring an additional 307 shares during the period. 77.20% of the stock is owned by hedge funds and other institutional investors.

WEC Energy Group Stock Performance

NYSE WEC opened at $115.65 on Friday. The stock has a market capitalization of $37.65 billion, a price-to-earnings ratio of 23.94, a PEG ratio of 2.78 and a beta of 0.58. The business's 50 day moving average is $112.80 and its two-hundred day moving average is $111.05. WEC Energy Group, Inc. has a 12-month low of $100.61 and a 12-month high of $118.53. The company has a current ratio of 0.59, a quick ratio of 0.44 and a debt-to-equity ratio of 1.35.

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 return on equity of 12.40% and a net margin of 15.90%.The business had revenue of $2.54 billion during the quarter, compared to analysts' expectations of $2.19 billion. During the same period last year, the firm earned $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. Research analysts expect that WEC Energy Group, Inc. will post 5.23 EPS for the current year.

Insiders Place Their Bets

In other WEC Energy Group news, Director Ulice Payne, Jr. sold 1,450 shares of the business's stock in a transaction on Tuesday, February 24th. The shares were 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 approximately $2,353,998.60. The trade was a 6.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gale E. Klappa sold 5,000 shares of the business's stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $116.55, for a total transaction of $582,750.00. Following the sale, the director owned 276,600 shares in the company, valued at $32,237,730. The trade was a 1.78% decrease in their ownership of the stock. 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 ninety days. 0.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Weiss Ratings reiterated a "buy (b)" rating on shares of WEC Energy Group in a research note on Monday, December 29th. Bank of America set a $116.00 price target on WEC Energy Group in a research note on Wednesday, December 31st. BTIG Research reaffirmed a "buy" rating and set a $135.00 price target on shares of WEC Energy Group in a report on Friday, January 30th. Argus upgraded shares of WEC Energy Group to a "strong-buy" rating in a research report on Monday, February 9th. Finally, BMO Capital Markets reissued a "market perform" rating and issued a $121.00 price objective on shares of WEC Energy Group in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $120.67.

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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