Renaissance Technologies LLC Lowers Stake in WEC Energy Group, Inc. $WEC

Renaissance Technologies LLC cut its stake in WEC Energy Group, Inc. (NYSE:WEC) by 39.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 127,775 shares of the utilities provider’s stock after selling 82,200 shares during the period. Renaissance Technologies LLC’s holdings in WEC Energy Group were worth $14,793,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Oak Thistle LLC bought a new stake in WEC Energy Group during the 4th quarter valued at $5,363,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of WEC Energy Group by 24.9% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 53,220 shares of the utilities provider’s stock worth $5,613,000 after buying an additional 10,606 shares during the period. BLB&B Advisors LLC bought a new position in shares of WEC Energy Group during the 4th quarter worth $6,096,000. NBC Securities Inc. grew its position in shares of WEC Energy Group by 5,040.6% during the 4th quarter. NBC Securities Inc. now owns 32,386 shares of the utilities provider’s stock worth $3,415,000 after buying an additional 31,756 shares in the last quarter. Finally, Pictet Asset Management Holding SA increased its stake in shares of 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 valued at $50,864,000 after buying an additional 318,846 shares during the period. 77.20% of the stock is owned by hedge funds and other institutional investors.

WEC Energy Group Trading Down 0.4%

NYSE:WEC opened at $109.64 on Friday. WEC Energy Group, Inc. has a 52 week low of $102.95 and a 52 week high of $119.91. The firm has a 50 day moving average of $113.86 and a 200 day moving average of $113.71. The company has a quick ratio of 0.54, a current ratio of 0.53 and a debt-to-equity ratio of 1.35. The stock has a market capitalization of $35.71 billion, a price-to-earnings ratio of 21.25, a PEG ratio of 1.91 and a beta of 0.47.

WEC Energy Group (NYSE:WEC) last announced its earnings results on Wednesday, July 29th. The utilities provider reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.11. WEC Energy Group had a net margin of 16.69% and a return on equity of 12.90%. The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same period last year, the firm earned $0.76 earnings per share. WEC Energy Group’s 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, sell-side analysts anticipate that WEC Energy Group, Inc. will post 5.59 earnings per share for the current fiscal year.

WEC Energy Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders 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 dividend yield of 3.5%. WEC Energy Group’s dividend payout ratio (DPR) is presently 73.84%.

Wall Street Analyst Weigh In

WEC has been the subject of several recent research reports. BMO Capital Markets decreased their price objective 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. Wells Fargo & Company reiterated an “overweight” rating and set a $127.00 target price on shares of WEC Energy Group in a report on Tuesday, April 21st. Truist Financial raised their target price on shares of WEC Energy Group from $119.00 to $122.00 and gave the company a “hold” rating in a research report on Thursday, July 16th. Barclays boosted their price target on shares of WEC Energy Group from $111.00 to $117.00 and gave the company an “equal weight” rating in a report on Monday, April 20th. Finally, Mizuho set a $124.00 price target on shares of WEC Energy Group in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $123.20.

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

Insider Buying and Selling at WEC Energy Group

In related news, EVP Daniel Krueger sold 4,665 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $110.96, for a total transaction of $517,628.40. Following the transaction, the executive vice president directly owned 7,346 shares in the company, valued at $815,112.16. The trade was a 38.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.46% of the stock is owned by 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.