Wealth Alliance LLC Acquires 5,554 Shares of WEC Energy Group, Inc. $WEC

Wealth Alliance LLC raised its holdings in shares of WEC Energy Group, Inc. (NYSE:WEC) by 38.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,043 shares of the utilities provider’s stock after purchasing an additional 5,554 shares during the period. Wealth Alliance LLC’s holdings in WEC Energy Group were worth $2,320,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Godfrey Financial Associates Inc. purchased a new stake in shares of WEC Energy Group during the fourth quarter valued at $25,000. Torren Management LLC purchased a new position in WEC Energy Group in the 4th quarter worth about $26,000. Osterweis Capital Management Inc. purchased a new position in WEC Energy Group in the 2nd quarter worth about $27,000. Physician Wealth Advisors Inc. lifted its stake in WEC Energy Group by 113.9% during the 1st quarter. Physician Wealth Advisors Inc. now owns 246 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 131 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in WEC Energy Group by 972.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 236 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 214 shares during the period. Hedge funds and other institutional investors own 77.20% of the company’s stock.

Trending Headlines about WEC Energy Group

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

• Positive Sentiment: KeyCorp maintained an Overweight rating on WEC Energy Group (NYSE:WEC) and kept its price target at $117, indicating analysts still see upside potential.
• Positive Sentiment: KeyCorp raised its longer-term earnings estimates slightly, including FY2028 EPS to $6.47 and FY2029 EPS to $6.97, which may support valuation expectations.
• Neutral Sentiment: BMO Capital reiterated a Hold rating on WEC Energy Group, suggesting a mixed near-term outlook and limiting the stock’s upside enthusiasm. BMO Capital Sticks to Its Hold Rating for WEC Energy Group (WEC)
• Neutral Sentiment: KeyCorp’s near-term EPS estimates for Q2, Q3, and Q4 2026 were provided without a major surprise, so they are more of a confirmation of current expectations than a fresh catalyst.
• Negative Sentiment: KeyCorp lowered its price target from $126 to $117, reflecting a less aggressive view of the stock’s near-term appreciation.

Insider Activity

In other news, 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 completion of the sale, the executive vice president owned 7,346 shares of the company’s stock, valued at $815,112.16. The trade was a 38.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.46% of the stock is currently owned by insiders.

WEC Energy Group Price Performance

NYSE WEC opened at $115.82 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 market capitalization of $37.73 billion, a P/E ratio of 23.12, a PEG ratio of 1.99 and a beta of 0.47. The company has a quick ratio of 0.54, a current ratio of 0.68 and a debt-to-equity ratio of 1.36. The company has a 50-day moving average price of $113.83 and a 200-day moving average price of $113.49.

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

WEC Energy Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be paid a dividend of $0.9525 per share. This represents a $3.81 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Friday, August 14th. WEC Energy Group’s dividend payout ratio (DPR) is currently 76.05%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on WEC. KeyCorp reduced their price target on shares of WEC Energy Group from $126.00 to $117.00 and set an “overweight” rating for the company in a research note on Thursday. Mizuho set a $124.00 price objective on shares of WEC Energy Group in a research report on Wednesday, May 6th. Truist Financial raised their target price on shares of WEC Energy Group from $119.00 to $122.00 and gave the stock a “hold” rating in a report on Thursday, July 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of WEC Energy Group in a research report on Friday, June 26th. Finally, Wall Street Zen lowered shares of WEC Energy Group from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus 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.