TD Private Client Wealth LLC Has $3.28 Million Stake in WEC Energy Group, Inc. $WEC

TD Private Client Wealth LLC trimmed its position in shares of WEC Energy Group, Inc. (NYSE:WEC) by 13.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,136 shares of the utilities provider’s stock after selling 4,652 shares during the quarter. TD Private Client Wealth LLC’s holdings in WEC Energy Group were worth $3,284,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of WEC. Torren Management LLC purchased a new stake in WEC Energy Group in the 4th quarter valued at $26,000. Osterweis Capital Management Inc. purchased a new stake in WEC Energy Group in the 2nd quarter valued at $27,000. Harbor Investment Advisory LLC raised its position in WEC Energy Group by 256.4% in the 4th quarter. Harbor Investment Advisory LLC now owns 278 shares of the utilities provider’s stock valued at $29,000 after buying an additional 200 shares during the last quarter. Cornerstone Planning Group LLC raised its position in WEC Energy Group by 2,400.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 275 shares of the utilities provider’s stock valued at $30,000 after buying an additional 264 shares during the last quarter. Finally, GoalVest Advisory LLC raised its position in WEC Energy Group by 54.7% in the 4th quarter. GoalVest Advisory LLC now owns 294 shares of the utilities provider’s stock valued at $31,000 after buying an additional 104 shares during the last quarter. 77.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at WEC Energy Group

In other news, Director Ulice Payne, Jr. sold 1,450 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $114.60, for a total transaction of $166,170.00. Following the sale, the director directly owned 20,541 shares in the company, valued at $2,353,998.60. This represents a 6.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.46% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on WEC shares. Jefferies Financial Group lowered their price target on WEC Energy Group from $124.00 to $121.00 and set a “hold” rating for the company in a research report on Wednesday, January 28th. Wall Street Zen raised WEC Energy Group from a “sell” rating to a “hold” rating in a research report on Saturday. Wells Fargo & Company reissued an “overweight” rating and issued a $127.00 price target on shares of WEC Energy Group in a research report on Tuesday, April 21st. Royal Bank Of Canada reissued a “sector perform” rating and issued a $127.00 price target on shares of WEC Energy Group in a research report on Friday, January 23rd. Finally, Mizuho set a $124.00 price target on WEC Energy Group in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $122.13.

WEC Energy Group Stock Up 0.4%

WEC stock opened at $109.57 on Tuesday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.54 and a current ratio of 0.68. The company has a market capitalization of $35.69 billion, a price-to-earnings ratio of 21.87, a PEG ratio of 2.62 and a beta of 0.50. WEC Energy Group, Inc. has a fifty-two week low of $102.49 and a fifty-two week high of $119.62. The stock has a fifty day moving average of $114.88 and a 200-day moving average of $111.65.

WEC Energy Group (NYSE:WEC) last released its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.30 by $0.15. WEC Energy Group had a return on equity of 12.72% and a net margin of 16.25%.The company had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same period in the previous year, the company posted $2.27 EPS. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. As a group, equities research analysts predict that WEC Energy Group, Inc. will post 5.59 earnings per share for the current year.

WEC Energy Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Thursday, May 14th will be given a dividend of $0.9525 per share. The ex-dividend date is Thursday, May 14th. This represents a $3.81 annualized dividend and a dividend yield of 3.5%. WEC Energy Group’s dividend payout ratio is currently 76.05%.

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.