WEC Energy Group, Inc. $WEC Shares Newly Bought by Cantor Fitzgerald Investment Advisors L.P.

Key Points

• Cantor Fitzgerald Investment Advisors initiated a position in WEC Energy Group, purchasing 15,740 shares valued at approximately $1.6 million. Institutional investors collectively own 77.2% of the company.
• Analyst sentiment is generally cautious, with WEC holding an average “Hold” rating and a consensus price target of $117.88; several firms recently lowered ratings or price targets.
• WEC reported quarterly EPS of $0.91, exceeding estimates of $0.80, and declared a quarterly dividend of $0.9525, equivalent to a 3.4% annualized yield.

Cantor Fitzgerald Investment Advisors L.P. bought a new position in WEC Energy Group, Inc. (NYSE:WEC - Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 15,740 shares of the utilities provider's stock, valued at approximately $1,586,000.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in shares of WEC Energy Group by 3.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,734,979 shares of the utilities provider's stock valued at $436,133,000 after purchasing an additional 111,057 shares during the last quarter. Legal & General Group Plc bought a new position in shares of WEC Energy Group during the second quarter valued at about $299,100,000. PNC Financial Services Group Inc. increased its holdings in shares of 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 buying an additional 7,206 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of WEC Energy Group by 5.0% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,644,319 shares of the utilities provider's stock valued at $192,007,000 after acquiring an additional 78,168 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of WEC Energy Group by 3.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,286,276 shares of the utilities provider's stock valued at $148,906,000 after acquiring an additional 42,403 shares during the last quarter. Institutional investors own 77.20% of the company's stock.

Insiders Place Their Bets

In related news, Director Ulice Payne, Jr. sold 980 shares of the firm's stock in a transaction that occurred on 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 owned 19,588 shares of the company's stock, valued at $2,068,101.04. This trade represents a 4.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.46% of the stock is currently owned by company insiders.

Key WEC Energy Group News

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

• Positive Sentiment: Analysts expect WEC Energy’s earnings to grow in the upcoming report, and Zacks highlights factors that could support a potential earnings beat. This provides a positive catalyst ahead of the release. WEC Energy Group earnings expectations
• Neutral Sentiment: WEC Energy will release third-quarter 2026 results before the market opens on Oct. 29 and hold an investor conference call later that day. The event could drive volatility depending on earnings, guidance and management commentary. WEC Energy Group third-quarter results announcement
• Negative Sentiment: HSBC initiated coverage with a “hold” rating and a $106.50 price target, below the quoted share price. The cautious stance indicates HSBC views the stock as fairly valued or somewhat overextended following its recent strength. HSBC initiates coverage on WEC Energy
• Negative Sentiment: Barclays lowered its expectations for WEC Energy’s stock price, adding another indication of tempered analyst sentiment. Barclays lowers WEC Energy expectations

Analysts Set New Price Targets

Several brokerages recently weighed in on WEC. Wall Street Zen upgraded WEC Energy Group from a "sell" rating to a "hold" rating in a report on Tuesday, September 22nd. LADENBURG THALM/SH SH lowered WEC Energy Group from a "buy" rating to a "neutral" rating and set a $110.50 price objective for the company. in a research note on Tuesday, August 4th. Truist Financial cut their target price on shares of WEC Energy Group from $114.00 to $113.00 and set a "hold" rating on the stock in a report on Friday, October 16th. BMO Capital Markets reaffirmed a "market perform" rating on shares of WEC Energy Group in a research note on Friday, October 16th. Finally, Weiss Ratings lowered shares of WEC Energy Group from a "buy (b)" rating to a "buy (b-)" rating in a report on Friday, September 25th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $117.88.

WEC Energy Group Price Performance

Shares of WEC stock opened at $112.16 on Friday. The business's fifty day moving average is $105.46 and its 200 day moving average is $110.65. 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 stock has a market cap of $36.55 billion, a price-to-earnings ratio of 19.34, a PEG ratio of 2.24 and a beta of 0.45. WEC Energy Group, Inc. has a twelve month low of $99.80 and a twelve month high of $119.91.

WEC Energy Group (NYSE:WEC - Get Free Report) last announced its earnings results 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 firm had revenue of $2.06 billion for the quarter, compared to analysts' expectations 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 quarter in the previous year, the business posted $0.76 EPS. 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 5.60 EPS for the current fiscal year.

WEC Energy Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 13th will be paid a $0.9525 dividend. The ex-dividend date is Friday, November 13th. This represents a $3.81 annualized dividend and a dividend yield of 3.4%. WEC Energy Group's dividend payout ratio is presently 73.84%.

WEC Energy Group Profile

WEC Energy Group, Inc is an energy holding company headquartered in Milwaukee, Wisconsin. Through its operating companies, the company generates and delivers electricity and provides natural gas distribution, storage and related energy services to residential, commercial and industrial customers.

WEC Energy's principal utility businesses include We Energies and Wisconsin Public Service in Wisconsin, Michigan Gas Utilities, Minnesota Energy Resources, Upper Michigan Energy Resources and North Dakota utility operations.

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