WNY Asset Management LLC Invests $1 Million in WEC Energy Group, Inc. $WEC

WNY Asset Management LLC purchased a new position in WEC Energy Group, Inc. (NYSE:WEC) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 8,649 shares of the utilities provider’s stock, valued at approximately $1,001,000.

Other large investors also recently bought and sold shares of the company. Segall Bryant & Hamill LLC bought a new stake in WEC Energy Group during the first quarter worth about $10,560,000. Argent Capital Management LLC bought a new position in shares of WEC Energy Group during the first quarter valued at approximately $17,979,000. BankChampaign National Association bought a new position in shares of WEC Energy Group during the first quarter valued at approximately $334,000. Janus Henderson Group PLC lifted its holdings in shares of WEC Energy Group by 3,337.5% during the first quarter. Janus Henderson Group PLC now owns 700,527 shares of the utilities provider’s stock valued at $81,097,000 after purchasing an additional 680,148 shares during the last quarter. Finally, Strategic Investment Advisors MI purchased a new position in shares of WEC Energy Group during the first quarter valued at approximately $1,127,000. 77.20% of the stock is owned by hedge funds and other institutional investors.

WEC Energy Group Stock Performance

WEC stock opened at $109.64 on Friday. The stock’s 50 day simple moving average is $113.86 and its 200 day simple moving average is $113.71. The company has a current ratio of 0.53, a quick ratio of 0.54 and a debt-to-equity ratio of 1.35. WEC Energy Group, Inc. has a 12-month low of $102.95 and a 12-month high of $119.91. The stock has a market capitalization of $35.71 billion, a PE ratio of 21.25, a price-to-earnings-growth ratio of 1.91 and a beta of 0.47.

WEC Energy Group (NYSE:WEC) last posted its earnings results on Wednesday, July 29th. The utilities provider reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. WEC Energy Group had a return on equity of 12.90% and a net margin of 16.69%.The business had revenue of $2.06 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same quarter last year, the company earned $0.76 EPS. The company’s quarterly revenue was up 2.6% 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, research analysts forecast that WEC Energy Group, Inc. will post 5.59 earnings per share for the current fiscal year.

WEC Energy Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be given a $0.9525 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $3.81 dividend on an annualized basis and a yield of 3.5%. WEC Energy Group’s payout ratio is 73.84%.

Trending Headlines about WEC Energy Group

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

• Positive Sentiment: WEC reported second-quarter 2026 adjusted earnings of $0.91 per share, exceeding the $0.80 analyst consensus and rising from $0.76 a year earlier. Rate-base growth, infrastructure investment and stronger commercial electricity demand helped lift profitability. WEC Energy Group Announces Q2 and First Half 2026 Financial Results
• Positive Sentiment: Management reaffirmed its 2026 earnings guidance of approximately $5.51 to $5.61 per share, consistent with the current analyst consensus near $5.59. The company also highlighted a roughly $37.5 billion capital investment plan, which is intended to expand the rate base and support future regulated growth. WEC Energy Group Q2 2026 Earnings Call Highlights
• Positive Sentiment: Growing electricity needs from commercial customers and potential additional data centers in Wisconsin could provide incremental long-term demand and strengthen the case for investment in generation and transmission capacity. WEC Energy Says More Data Centers May Be Coming to Wisconsin
• Neutral Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation, suggesting analysts remain generally constructive but are not signaling an overwhelming near-term catalyst. WEC Energy Group Receives Moderate Buy Recommendation
• Negative Sentiment: Revenue of approximately $2.06 billion fell short of the roughly $2.11 billion consensus estimate. Although revenue increased year over year, the miss and unchanged guidance appear to be weighing on the shares after the earnings release. WEC Energy Beats Earnings Forecast but Revenue Miss and Outlook Weigh on Shares

Insiders Place Their Bets

In other WEC Energy Group news, EVP Daniel Krueger sold 4,665 shares of the company’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $110.96, for a total transaction of $517,628.40. Following the transaction, the executive vice president owned 7,346 shares in the company, valued at approximately $815,112.16. This represents a 38.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

WEC has been the topic of several recent research reports. JPMorgan Chase & Co. upped their price target on WEC Energy Group from $120.00 to $124.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Truist Financial lifted their price objective on WEC Energy Group from $119.00 to $122.00 and gave the company a “hold” rating in a research note on Thursday, July 16th. Mizuho set a $124.00 target price on WEC Energy Group in a report on Wednesday, May 6th. KeyCorp cut their target price on WEC Energy Group from $126.00 to $117.00 and set an “overweight” rating on the stock in a research note on Thursday, July 23rd. Finally, BMO Capital Markets reduced their price target on WEC Energy Group from $120.00 to $117.00 and set a “market perform” rating for the company in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, WEC Energy Group has a consensus rating of “Moderate Buy” and an average target price of $123.20.

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.