Vaughan Nelson Investment Management L.P. Grows Stock Holdings in WEC Energy Group, Inc. $WEC

Vaughan Nelson Investment Management L.P. grew its position in WEC Energy Group, Inc. (NYSE:WEC) by 26.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 529,319 shares of the utilities provider’s stock after buying an additional 109,745 shares during the quarter. Vaughan Nelson Investment Management L.P. owned 0.16% of WEC Energy Group worth $55,822,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. AE Wealth Management LLC boosted its stake in shares of WEC Energy Group by 4.9% in the third quarter. AE Wealth Management LLC now owns 171,770 shares of the utilities provider’s stock valued at $19,683,000 after purchasing an additional 7,970 shares during the period. Baillie Gifford & Co. increased its stake in WEC Energy Group by 53.0% during the 3rd quarter. Baillie Gifford & Co. now owns 131,363 shares of the utilities provider’s stock worth $15,053,000 after buying an additional 45,477 shares during the period. Alley Investment Management Company LLC boosted its position in WEC Energy Group by 36.5% in the 3rd quarter. Alley Investment Management Company LLC now owns 59,519 shares of the utilities provider’s stock valued at $6,820,000 after buying an additional 15,926 shares during the period. London & Capital Asset Management Ltd boosted its position in WEC Energy Group by 48.1% in the 3rd quarter. London & Capital Asset Management Ltd now owns 31,498 shares of the utilities provider’s stock valued at $3,609,000 after buying an additional 10,231 shares during the period. Finally, Associated Banc Corp grew its stake in shares of WEC Energy Group by 64.0% in the third quarter. Associated Banc Corp now owns 39,328 shares of the utilities provider’s stock worth $4,507,000 after acquiring an additional 15,342 shares in the last quarter. Institutional investors and hedge funds own 77.20% of the company’s stock.

Insider Activity at WEC Energy Group

In related news, Director Gale E. Klappa sold 25,000 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $115.44, for a total value of $2,886,000.00. Following the completion of the sale, the director directly owned 276,600 shares of the company’s stock, valued at $31,930,704. The trade was a 8.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Mary Beth Straka sold 2,815 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $115.50, for a total transaction of $325,132.50. Following the completion of the transaction, the vice president owned 4,707 shares of the company’s stock, valued at $543,658.50. This represents a 37.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 42,354 shares of company stock worth $4,855,505. Corporate insiders own 0.50% of the company’s stock.

WEC Energy Group Trading Up 0.8%

NYSE:WEC opened at $115.29 on Tuesday. WEC Energy Group, Inc. has a 1 year low of $100.61 and a 1 year high of $118.53. The stock has a market cap of $37.55 billion, a P/E ratio of 23.87, a P/E/G ratio of 2.75 and a beta of 0.58. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.44 and a current ratio of 0.59. The stock has a 50-day simple moving average of $113.72 and a 200-day simple moving average of $111.39.

WEC Energy Group (NYSE:WEC) last posted its earnings results on Thursday, February 5th. The utilities provider reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.03. The firm had revenue of $2.54 billion during 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%.The firm’s revenue was down 8.8% compared to the same quarter last year. During the same quarter in the previous 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, analysts anticipate that WEC Energy Group, Inc. will post 5.23 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

WEC has been the topic of several analyst reports. Barclays increased their price objective on WEC Energy Group from $110.00 to $111.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 24th. Royal Bank Of Canada restated a “sector perform” rating and set a $127.00 price target on shares of WEC Energy Group in a report on Friday, January 23rd. BMO Capital Markets reiterated a “market perform” rating and issued a $121.00 price objective on shares of WEC Energy Group in a research note on Friday, February 6th. JPMorgan Chase & Co. boosted their price objective on WEC Energy Group from $113.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Finally, Mizuho raised their target price on shares of WEC Energy Group from $117.00 to $121.00 and gave the company an “outperform” rating in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $120.73.

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.