UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 78,168 Shares of WEC Energy Group, Inc. $WEC

Key Points

• UBS Asset Management increased its WEC Energy Group stake by 5%, acquiring 78,168 shares to hold 1.64 million shares valued at approximately $192 million. Institutional investors collectively own 77.2% of the company.
• WEC reported quarterly EPS of $0.91, beating estimates of $0.80, while revenue rose 2.6% year over year to $2.06 billion. The company maintained FY 2026 EPS guidance of $5.51–$5.61.
• WEC announced a quarterly dividend of $0.9525 per share, equivalent to a 3.6% annualized yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $121.91, compared with the stock’s reported price of $106.36.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in WEC Energy Group, Inc. (NYSE:WEC - Free Report) by 5.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,644,319 shares of the utilities provider's stock after acquiring an additional 78,168 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.50% of WEC Energy Group worth $192,007,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Legal & General Group Plc acquired a new position in WEC Energy Group in the 2nd quarter worth $299,100,000. Franklin Resources Inc. increased its position in shares of WEC Energy Group by 175.0% during the 4th quarter. Franklin Resources Inc. now owns 3,357,608 shares of the utilities provider's stock worth $354,093,000 after purchasing an additional 2,136,542 shares during the last quarter. Magellan Asset Management Ltd acquired a new position in WEC Energy Group during the second quarter worth $144,582,000. Caisse de depot et placement du Quebec acquired a new position in shares of WEC Energy Group during the 2nd quarter worth about $128,290,000. Finally, Energy Income Partners LLC bought a new stake in WEC Energy Group in the second quarter valued at approximately $97,564,000. Institutional investors and hedge funds own 77.20% of the company's stock.

WEC Energy Group Price Performance

WEC Energy Group stock opened at $106.36 on Tuesday. The firm has a market cap of $34.66 billion, a P/E ratio of 20.61, a P/E/G ratio of 1.84 and a beta of 0.47. WEC Energy Group, Inc. has a one year low of $102.95 and a one 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. The stock's 50 day moving average is $112.10 and its 200 day moving average is $113.51.

WEC Energy Group (NYSE:WEC - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.11. The company had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.11 billion. WEC Energy Group had a net margin of 16.69% and a return on equity of 12.90%. The company's quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.76 EPS. 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 5.59 EPS for the current year.

WEC Energy Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be given 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 dividend yield of 3.6%. WEC Energy Group's dividend payout ratio (DPR) is 73.84%.

Insider Buying and Selling

In other WEC Energy Group news, Director Ulice Payne, Jr. sold 980 shares of WEC Energy Group stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $105.58, for a total value of $103,468.40. Following the completion of the sale, the director directly owned 19,588 shares of the company's stock, valued at approximately $2,068,101.04. The trade was a 4.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.46% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Truist Financial dropped their price objective on shares of WEC Energy Group from $122.00 to $114.00 and set a "hold" rating on the stock in a research report on Thursday, August 13th. Mizuho set a $124.00 target price on shares of WEC Energy Group in a research report on Wednesday, May 6th. BMO Capital Markets reduced their target price on WEC Energy Group from $120.00 to $117.00 and set a "market perform" rating on the stock in a report on Wednesday, July 22nd. JPMorgan Chase & Co. lifted their price objective on shares of WEC Energy Group from $120.00 to $124.00 and gave the company a "neutral" rating in a research note on Thursday, July 16th. Finally, Weiss Ratings cut WEC Energy Group from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday, August 5th. One research 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 MarketBeat.com, the company 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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