WEC Energy Group (NYSE:WEC) Director Sells 980 Shares of Stock

Key Points

• WEC Energy Group Director Ulice Payne Jr. sold 980 shares at an average price of $105.58, totaling $103,468.40. His remaining stake is 19,588 shares, representing a 4.76% reduction.
• WEC reported quarterly EPS of $0.91, beating the $0.80 analyst consensus, while revenue rose 2.6% year over year to $2.06 billion. The company reaffirmed fiscal 2026 EPS guidance of $5.51–$5.61.
• The company declared a quarterly dividend of $0.9525 per share, equivalent to a 3.5% annualized yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $122.41, while institutional investors own 77.2% of the stock.

WEC Energy Group, Inc. (NYSE:WEC - Get Free Report) 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 transaction, the director owned 19,588 shares in the company, valued at approximately $2,068,101.04. The trade was a 4.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

WEC Energy Group Price Performance

NYSE:WEC traded up $2.28 during trading hours on Wednesday, hitting $108.96. The company's stock had a trading volume of 5,786,336 shares, compared to its average volume of 2,161,216. WEC Energy Group, Inc. has a twelve month low of $102.95 and a twelve month 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 has a fifty day simple moving average of $113.31 and a 200-day simple moving average of $113.76. The company has a market capitalization of $35.50 billion, a P/E ratio of 21.12, a PEG ratio of 1.84 and a beta of 0.47.

WEC Energy Group (NYSE:WEC - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $0.91 earnings per share 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 the consensus estimate of $2.11 billion. WEC Energy Group had a net margin of 16.69% and a return on equity of 12.90%. The firm'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. On average, analysts anticipate that WEC Energy Group, Inc. will post 5.59 EPS for the current fiscal year.

WEC Energy Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be issued 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 3.5%. WEC Energy Group's dividend payout ratio (DPR) is 73.84%.

Wall Street Analyst Weigh In

Several research firms have commented on WEC. Truist Financial increased their target price on WEC Energy Group from $119.00 to $122.00 and gave the company a "hold" rating in a research report on Thursday, July 16th. Wall Street Zen cut WEC Energy Group from a "hold" rating to a "sell" rating in a report on Sunday, May 24th. LADENBURG THALM/SH SH downgraded 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. KeyCorp dropped 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 report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. lifted their target price on shares of WEC Energy Group from $120.00 to $124.00 and gave the stock a "neutral" rating in a research report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, WEC Energy Group has an average rating of "Moderate Buy" and a consensus target price of $122.41.

Institutional Investors Weigh In On WEC Energy Group

Several institutional investors and hedge funds have recently made changes to their positions in WEC. Godfrey Financial Associates Inc. acquired a new position in shares of WEC Energy Group in the fourth quarter worth approximately $25,000. Torren Management LLC acquired a new stake in WEC Energy Group during the 4th quarter valued at approximately $26,000. Osterweis Capital Management Inc. bought a new position in WEC Energy Group during the 2nd quarter worth approximately $27,000. Physician Wealth Advisors Inc. raised its holdings in WEC Energy Group by 113.9% during the 1st quarter. Physician Wealth Advisors Inc. now owns 246 shares of the utilities provider's stock worth $28,000 after purchasing an additional 131 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its position in shares of WEC Energy Group by 972.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 236 shares of the utilities provider's stock worth $28,000 after purchasing an additional 214 shares during the period. Institutional investors and hedge funds own 77.20% of the company's stock.

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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