Mesirow Financial Investment Management Inc. Has $2.28 Million Stake in WEC Energy Group, Inc. $WEC

Mesirow Financial Investment Management Inc. reduced its holdings in shares of WEC Energy Group, Inc. (NYSE:WEC) by 19.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,875 shares of the utilities provider’s stock after selling 4,926 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in WEC Energy Group were worth $2,278,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. CoreFirst Bank & Trust bought a new position in WEC Energy Group during the second quarter worth $26,000. Osterweis Capital Management Inc. bought a new stake in shares of WEC Energy Group during the 2nd quarter worth about $27,000. New England Capital Financial Advisors LLC grew its stake in WEC Energy Group by 265.8% in the 2nd quarter. New England Capital Financial Advisors LLC now owns 278 shares of the utilities provider’s stock valued at $29,000 after buying an additional 202 shares during the last quarter. Salomon & Ludwin LLC acquired a new position in WEC Energy Group in the 3rd quarter valued at about $30,000. Finally, NewSquare Capital LLC raised its holdings in WEC Energy Group by 60.5% in the 2nd quarter. NewSquare Capital LLC now owns 305 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 115 shares during the period. Institutional investors own 77.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on WEC shares. Mizuho upped their target price on WEC Energy Group from $117.00 to $121.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Barclays boosted their price target on WEC Energy Group from $105.00 to $110.00 and gave the company an “equal weight” rating in a research note on Thursday, January 22nd. Wall Street Zen cut WEC Energy Group from a “hold” rating to a “sell” rating in a research report on Saturday, November 1st. UBS Group dropped their target price on WEC Energy Group from $119.00 to $115.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Finally, Argus upgraded shares of WEC Energy Group to a “strong-buy” rating in a research note on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, WEC Energy Group presently has an average rating of “Moderate Buy” and an average target price of $120.07.

WEC Energy Group Price Performance

Shares of NYSE WEC opened at $115.70 on Friday. The business has a fifty day moving average price of $109.59 and a two-hundred day moving average price of $110.21. The stock has a market capitalization of $37.66 billion, a PE ratio of 23.95, a P/E/G ratio of 2.77 and a beta of 0.58. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.59 and a quick ratio of 0.44. WEC Energy Group, Inc. has a fifty-two week low of $100.61 and a fifty-two week high of $118.18.

WEC Energy Group (NYSE:WEC) last issued its quarterly earnings results on Thursday, February 5th. The utilities provider reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.03. The company had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.19 billion. WEC Energy Group had a return on equity of 12.40% and a net margin of 15.90%.WEC Energy Group’s revenue was down 8.8% on a year-over-year basis. During the same quarter last year, the business earned $1.43 earnings per share. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. As a group, equities analysts predict that WEC Energy Group, Inc. will post 5.23 earnings per share for the current fiscal year.

WEC Energy Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Friday, February 13th will be given a dividend of $0.9525 per share. The ex-dividend date is Friday, February 13th. This represents a $3.81 annualized dividend and a dividend yield of 3.3%. This is a positive change from WEC Energy Group’s previous quarterly dividend of $0.89. WEC Energy Group’s dividend payout ratio (DPR) is 78.88%.

Insider Activity

In other WEC Energy Group news, VP Mary Beth Straka sold 2,815 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $115.50, for a total value of $325,132.50. Following the sale, the vice president owned 4,707 shares of the company’s stock, valued at approximately $543,658.50. This trade represents a 37.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Ulice Payne, Jr. sold 1,450 shares of WEC Energy Group stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $114.60, for a total value of $166,170.00. Following the completion of the transaction, the director owned 20,541 shares in the company, valued at approximately $2,353,998.60. The trade was a 6.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 42,354 shares of company stock valued at $4,855,505. 0.50% of the stock is owned by 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.