WEC Energy Group, Inc. $WEC Holdings Decreased by First Trust Advisors LP

First Trust Advisors LP lowered its stake in WEC Energy Group, Inc. (NYSE:WEC - Free Report) by 7.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 580,914 shares of the utilities provider's stock after selling 49,846 shares during the quarter. First Trust Advisors LP owned about 0.18% of WEC Energy Group worth $67,252,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Westpac Banking Corp increased its stake in shares of WEC Energy Group by 2.2% during the first quarter. Westpac Banking Corp now owns 8,384 shares of the utilities provider's stock valued at $971,000 after acquiring an additional 182 shares during the period. PNC Financial Services Group Inc. lifted its position in WEC Energy Group by 0.3% in the first quarter. PNC Financial Services Group Inc. now owns 2,571,015 shares of the utilities provider's stock worth $297,646,000 after purchasing an additional 7,206 shares during the period. Andra AP fonden bought a new position in WEC Energy Group during the 1st quarter valued at $77,000. Atlantic Family Wealth LLC acquired a new position in shares of WEC Energy Group during the 1st quarter valued at $276,000. Finally, Madison Asset Management LLC bought a new stake in shares of WEC Energy Group in the 1st quarter worth $635,000. Institutional investors and hedge funds own 77.20% of the company's stock.

WEC Energy Group News Summary

Here are the key news stories impacting WEC Energy Group this week:

• Positive Sentiment: KeyCorp maintained an Overweight rating on WEC Energy Group NYSE: WEC and kept its price target at $117, indicating analysts still see upside potential.
• Positive Sentiment: KeyCorp raised its longer-term earnings estimates slightly, including FY2028 EPS to $6.47 and FY2029 EPS to $6.97, which may support valuation expectations.
• Neutral Sentiment: BMO Capital reiterated a Hold rating on WEC Energy Group, suggesting a mixed near-term outlook and limiting the stock’s upside enthusiasm. BMO Capital Sticks to Its Hold Rating for WEC Energy Group (WEC)
• Neutral Sentiment: KeyCorp’s near-term EPS estimates for Q2, Q3, and Q4 2026 were provided without a major surprise, so they are more of a confirmation of current expectations than a fresh catalyst.
• Negative Sentiment: KeyCorp lowered its price target from $126 to $117, reflecting a less aggressive view of the stock’s near-term appreciation.

WEC Energy Group Stock Performance

WEC Energy Group stock opened at $115.82 on Friday. The firm's 50 day simple moving average is $113.83 and its 200-day simple moving average is $113.49. The company has a market cap of $37.73 billion, a P/E ratio of 23.12, a price-to-earnings-growth ratio of 2.00 and a beta of 0.47. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.68 and a quick ratio of 0.54. WEC Energy Group, Inc. has a fifty-two week low of $102.95 and a fifty-two week high of $119.91.

WEC Energy Group (NYSE:WEC - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $2.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.30 by $0.15. WEC Energy Group had a net margin of 16.25% and a return on equity of 12.72%. The business had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same quarter in the previous year, the business earned $2.27 earnings per share. The firm's revenue was up 9.0% 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, equities research analysts predict that WEC Energy Group, Inc. will post 5.59 EPS for the current year.

WEC Energy Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be given a $0.9525 dividend. This represents a $3.81 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, August 14th. WEC Energy Group's dividend payout ratio (DPR) is 76.05%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on WEC. Barclays raised their target price on WEC Energy Group from $111.00 to $117.00 and gave the company an "equal weight" rating in a research note on Monday, April 20th. KeyCorp cut their price target on shares of WEC Energy Group from $126.00 to $117.00 and set an "overweight" rating for the company in a report on Thursday. Truist Financial lifted their price objective on shares of WEC Energy Group from $119.00 to $122.00 and gave the stock a "hold" rating in a research note on Thursday, July 16th. Wells Fargo & Company reiterated an "overweight" rating and issued a $127.00 target price on shares of WEC Energy Group in a report on Tuesday, April 21st. Finally, Wall Street Zen lowered shares of WEC Energy Group from a "hold" rating to a "sell" rating in a research note on Sunday, May 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $123.20.

Insider Activity at WEC Energy Group

In other news, EVP Daniel Krueger sold 4,665 shares of WEC Energy Group stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $110.96, for a total transaction of $517,628.40. Following the transaction, the executive vice president owned 7,346 shares in the company, valued at approximately $815,112.16. The trade was a 38.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.46% of the stock is currently owned by company insiders.

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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