Quantbot Technologies LP Acquires New Stake in WEC Energy Group, Inc. $WEC

Key Points

• Quantbot Technologies acquired 79,796 shares of WEC Energy Group during the second quarter, valued at approximately $9.3 million. Institutional investors and hedge funds collectively own 77.2% of the company.
• WEC reported quarterly EPS of $0.91, exceeding analyst estimates of $0.80, while revenue rose 2.6% year over year to $2.06 billion. The company maintained 2026 EPS guidance of $5.51–$5.61.
• WEC announced a quarterly dividend of $0.9525 per share, equivalent to an annualized $3.81 and a 3.6% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $121.91, despite several recent target-price cuts.

Quantbot Technologies LP bought a new position in shares of WEC Energy Group, Inc. (NYSE:WEC - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 79,796 shares of the utilities provider's stock, valued at approximately $9,318,000.

A number of other hedge funds have also modified their holdings of WEC. Godfrey Financial Associates Inc. acquired a new position in WEC Energy Group during the fourth quarter worth about $25,000. Torren Management LLC acquired a new position in shares of WEC Energy Group during the 4th quarter worth approximately $26,000. Osterweis Capital Management Inc. purchased a new stake in shares of WEC Energy Group in the second quarter valued at approximately $27,000. Physician Wealth Advisors Inc. increased its holdings in shares of WEC Energy Group by 113.9% in the first quarter. Physician Wealth Advisors Inc. now owns 246 shares of the utilities provider's stock valued at $28,000 after purchasing an additional 131 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its position in WEC Energy Group by 972.7% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 236 shares of the utilities provider's stock worth $28,000 after buying an additional 214 shares in the last quarter. 77.20% of the stock is currently owned by institutional investors and hedge funds.

WEC Energy Group Price Performance

Shares of WEC opened at $106.33 on Friday. The firm has a 50-day simple moving average of $112.86 and a two-hundred day simple moving average of $113.71. The stock has a market cap of $34.65 billion, a PE ratio of 20.61, a P/E/G ratio of 1.83 and a beta of 0.47. WEC Energy Group, Inc. has a 1-year low of $102.95 and a 1-year high of $119.91. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.53 and a quick ratio of 0.39.

WEC Energy Group (NYSE:WEC - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.11. WEC Energy Group had a net margin of 16.69% and a return on equity of 12.90%. The firm had revenue of $2.06 billion during the quarter, compared to analysts' expectations of $2.11 billion. During the same quarter last year, the company posted $0.76 EPS. The firm's quarterly revenue was up 2.6% on a year-over-year basis. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. As a group, analysts forecast that WEC Energy Group, Inc. will post 5.59 EPS for the current year.

WEC Energy Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be paid a dividend of $0.9525 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $3.81 annualized dividend and a yield of 3.6%. WEC Energy Group's dividend payout ratio is presently 73.84%.

Insider Transactions at WEC Energy Group

In related news, Director Ulice Payne, Jr. sold 980 shares of the firm's stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $105.58, for a total transaction of $103,468.40. Following the completion of the transaction, the director directly owned 19,588 shares in the company, valued at $2,068,101.04. This trade represents a 4.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.46% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on WEC. LADENBURG THALM/SH SH downgraded WEC Energy Group from a "buy" rating to a "neutral" rating and set a $110.50 target price for the company. in a research note on Tuesday, August 4th. KeyCorp cut their price objective on shares of WEC Energy Group from $126.00 to $117.00 and set an "overweight" rating for the company in a research report on Thursday, July 23rd. Truist Financial decreased their target price on shares of WEC Energy Group from $122.00 to $114.00 and set a "hold" rating on the stock in a report on Thursday, August 13th. Mizuho set a $124.00 price target on shares of WEC Energy Group in a report on Wednesday, May 6th. Finally, Wall Street Zen cut WEC Energy Group from a "hold" rating to a "sell" rating in a report on Sunday, May 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, WEC Energy Group presently has a consensus rating of "Moderate Buy" and a consensus target price of $121.91.

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.

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