WEC Energy Group, Inc. $WEC Shares Purchased by Cbre Investment Management Listed Real Assets LLC

Cbre Investment Management Listed Real Assets LLC increased its position in shares of WEC Energy Group, Inc. (NYSE:WEC) by 17.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,239,002 shares of the utilities provider’s stock after purchasing an additional 180,772 shares during the quarter. WEC Energy Group accounts for approximately 2.0% of Cbre Investment Management Listed Real Assets LLC’s investment portfolio, making the stock its 13th largest holding. Cbre Investment Management Listed Real Assets LLC owned 0.38% of WEC Energy Group worth $141,977,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of WEC. CoreFirst Bank & Trust purchased a new stake in shares of WEC Energy Group during the second quarter worth about $26,000. Osterweis Capital Management Inc. purchased a new stake in WEC Energy Group in the 2nd quarter valued at $27,000. New England Capital Financial Advisors LLC grew its holdings in shares of WEC Energy Group by 265.8% in the second quarter. New England Capital Financial Advisors LLC now owns 278 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 202 shares during the period. Salomon & Ludwin LLC acquired a new stake in shares of WEC Energy Group during the 3rd quarter worth approximately $30,000. Finally, Capital A Wealth Management LLC increased its stake in WEC Energy Group by 5,116.7% during the second quarter. Capital A Wealth Management LLC now owns 313 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 307 shares during the last quarter. Institutional investors and hedge funds own 77.20% of the company’s stock.

WEC Energy Group Stock Performance

Shares of WEC opened at $113.31 on Thursday. WEC Energy Group, Inc. has a 1 year low of $100.61 and a 1 year high of $118.18. The company’s 50 day simple moving average is $111.49 and its 200 day simple moving average is $110.68. 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 company has a market capitalization of $36.89 billion, a price-to-earnings ratio of 23.46, a PEG ratio of 2.75 and a beta of 0.58.

WEC Energy Group (NYSE:WEC) last issued its quarterly earnings results on Thursday, February 5th. The utilities provider reported $1.42 EPS 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 analyst estimates of $2.19 billion. WEC Energy Group had a net margin of 15.90% and a return on equity of 12.40%. WEC Energy Group’s revenue for the quarter was down 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.43 earnings per share. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, sell-side analysts predict that WEC Energy Group, Inc. will post 5.23 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on WEC shares. Mizuho boosted their target price on WEC Energy Group from $117.00 to $121.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Weiss Ratings restated a “buy (b)” rating on shares of WEC Energy Group in a research note on Monday, December 29th. JPMorgan Chase & Co. boosted their price objective on shares of WEC Energy Group from $113.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Barclays raised their price target on WEC Energy Group from $105.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 22nd. Finally, Bank of America set a $116.00 price objective on shares of WEC Energy Group in a research note on Wednesday, December 31st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, WEC Energy Group presently has an average rating of “Moderate Buy” and an average target price of $120.67.

Insider Transactions at WEC Energy Group

In other WEC Energy Group news, VP Mary Beth Straka sold 2,815 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $115.50, for a total value of $325,132.50. Following the completion of the sale, the vice president directly owned 4,707 shares in the company, valued at $543,658.50. This represents a 37.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Scott J. Lauber sold 8,089 shares of WEC Energy Group stock in a transaction on Monday, February 9th. The stock was sold at an average price of $110.70, for a total value of $895,452.30. Following the completion of the transaction, the chief executive officer owned 66,801 shares in the company, valued at $7,394,870.70. The trade was a 10.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 42,354 shares of company stock worth $4,855,505. 0.50% of the stock is currently owned by corporate insiders.

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.