WEC Energy Group, Inc. $WEC Position Boosted by Ameritas Advisory Services LLC

Key Points

• Ameritas Advisory Services increased its WEC Energy Group position by 157.8% in the second quarter, bringing its holdings to 33,072 shares valued at approximately $3.86 million. Institutional investors collectively own 77.2% of the company.
• WEC reported quarterly earnings of $0.91 per share, exceeding analysts’ $0.80 estimate, while revenue reached $2.06 billion and rose 2.6% year over year. The company maintained fiscal 2026 EPS guidance of $5.51 to $5.61.
• WEC pays an annualized dividend of $3.81 per share, yielding about 3.6%. Analysts hold a consensus “Moderate Buy” rating with a $121.91 target price, compared with the share price of $105.79.

Ameritas Advisory Services LLC raised its holdings in shares of WEC Energy Group, Inc. (NYSE:WEC - Free Report) by 157.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,072 shares of the utilities provider's stock after acquiring an additional 20,245 shares during the period. Ameritas Advisory Services LLC's holdings in WEC Energy Group were worth $3,862,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Empowered Funds LLC raised its position in shares of WEC Energy Group by 16.9% during the 1st quarter. Empowered Funds LLC now owns 16,698 shares of the utilities provider's stock worth $1,820,000 after buying an additional 2,417 shares in the last quarter. Woodline Partners LP boosted its holdings in shares of WEC Energy Group by 41.3% in the first quarter. Woodline Partners LP now owns 26,839 shares of the utilities provider's stock valued at $2,925,000 after acquiring an additional 7,841 shares in the last quarter. Cerity Partners LLC increased its stake in shares of WEC Energy Group by 7.3% during the second quarter. Cerity Partners LLC now owns 44,286 shares of the utilities provider's stock valued at $4,616,000 after acquiring an additional 3,006 shares during the period. Qube Research & Technologies Ltd increased its stake in shares of WEC Energy Group by 477.4% during the second quarter. Qube Research & Technologies Ltd now owns 333,552 shares of the utilities provider's stock valued at $34,756,000 after acquiring an additional 275,786 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in WEC Energy Group by 8.8% during the second quarter. NewEdge Advisors LLC now owns 58,364 shares of the utilities provider's stock worth $6,082,000 after purchasing an additional 4,730 shares in the last quarter. Institutional investors and hedge funds own 77.20% of the company's stock.

WEC Energy Group Price Performance

Shares of NYSE:WEC opened at $105.79 on Tuesday. The company has a market cap of $34.47 billion, a P/E ratio of 20.50, a price-to-earnings-growth ratio of 2.19 and a beta of 0.47. WEC Energy Group, Inc. has a 12-month low of $102.95 and a 12-month high of $119.91. The company has a quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.35. The company's fifty day moving average is $111.01 and its two-hundred day moving average is $113.20.

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

WEC Energy Group Dividend Announcement

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

Insider Buying and Selling

In related news, Director Ulice Payne, Jr. sold 980 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $105.58, for a total value of $103,468.40. Following the transaction, the director owned 19,588 shares in the company, valued at approximately $2,068,101.04. This represents a 4.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.46% of the company's stock.

Analyst Ratings Changes

A number of research firms have weighed in on WEC. JPMorgan Chase & Co. upped their target price on WEC Energy Group from $120.00 to $124.00 and gave the stock a "neutral" rating in a research report on Thursday, July 16th. KeyCorp lowered their price target on WEC Energy Group from $126.00 to $117.00 and set an "overweight" rating on the stock in a research report on Thursday, July 23rd. Wall Street Zen raised WEC Energy Group from a "sell" rating to a "hold" rating in a research note on Sunday. Weiss Ratings lowered WEC Energy Group from a "buy (b)" rating to a "buy (b-)" rating in a report on Wednesday, August 5th. Finally, LADENBURG THALM/SH SH cut 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. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $121.91.

WEC Energy Group Company 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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