Trivium Point Advisory LLC Invests $575,000 in WEC Energy Group, Inc. $WEC

Trivium Point Advisory LLC purchased a new position in WEC Energy Group, Inc. (NYSE:WEC) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,923 shares of the utilities provider’s stock, valued at approximately $575,000.

Other institutional investors have also bought and sold shares of the company. NBC Securities Inc. increased its holdings in WEC Energy Group by 5,040.6% in the 4th quarter. NBC Securities Inc. now owns 32,386 shares of the utilities provider’s stock worth $3,415,000 after acquiring an additional 31,756 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in WEC Energy Group by 24.9% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 53,220 shares of the utilities provider’s stock valued at $5,613,000 after purchasing an additional 10,606 shares during the last quarter. Pictet Asset Management Holding SA boosted its position in WEC Energy Group by 195.1% during the fourth quarter. Pictet Asset Management Holding SA now owns 482,309 shares of the utilities provider’s stock worth $50,864,000 after purchasing an additional 318,846 shares during the period. North Dakota State Investment Board bought a new position in WEC Energy Group during the fourth quarter worth about $1,155,000. Finally, CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT increased its stake in shares of WEC Energy Group by 34.6% in the fourth quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 35,000 shares of the utilities provider’s stock worth $3,691,000 after purchasing an additional 9,000 shares in the last quarter. Hedge funds and other institutional investors own 77.20% of the company’s stock.

WEC Energy Group Stock Up 0.0%

WEC stock opened at $110.53 on Monday. The stock has a 50-day simple moving average of $113.24 and a two-hundred day simple moving average of $113.78. WEC Energy Group, Inc. has a twelve month low of $102.95 and a twelve month high of $119.91. The firm has a market capitalization of $36.02 billion, a PE ratio of 21.42, a PEG ratio of 1.91 and a beta of 0.47. The company has a quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.35.

WEC Energy Group (NYSE:WEC) last announced its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. The firm 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 company’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.76 earnings per share. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, equities analysts predict that WEC Energy Group, Inc. will post 5.59 EPS for the current fiscal year.

WEC Energy Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be issued a $0.9525 dividend. This represents a $3.81 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, August 14th. WEC Energy Group’s dividend payout ratio (DPR) is presently 73.84%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on WEC. BMO Capital Markets lowered their price target on shares of WEC Energy Group from $120.00 to $117.00 and set a “market perform” rating on the stock in a research report on Wednesday, July 22nd. Mizuho set a $124.00 price objective on shares of WEC Energy Group in a report on Wednesday, May 6th. Weiss Ratings lowered shares of WEC Energy Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 5th. Wells Fargo & Company reissued an “overweight” rating and set a $127.00 target price on shares of WEC Energy Group in a report on Tuesday, April 21st. Finally, JPMorgan Chase & Co. increased their target price on 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 analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $121.91.

Insider Buying and Selling at WEC Energy Group

In other WEC Energy Group news, Director Ulice Payne, Jr. sold 980 shares of the firm’s 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 directly owned 19,588 shares of the company’s stock, valued at $2,068,101.04. This trade represents a 4.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Daniel Krueger sold 4,665 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at $815,112.16. This trade represents a 38.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.46% of the stock is owned by company insiders.

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.