Focus Partners Advisor Solutions LLC Makes New Investment in WEC Energy Group, Inc. $WEC

Focus Partners Advisor Solutions LLC acquired a new stake in WEC Energy Group, Inc. (NYSE:WEC) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 5,430 shares of the utilities provider’s stock, valued at approximately $614,000.

Other large investors have also recently made changes to their positions in the company. CoreFirst Bank & Trust purchased a new position in shares of WEC Energy Group in the 2nd quarter worth about $26,000. Osterweis Capital Management Inc. purchased a new stake in WEC Energy Group during the second quarter worth about $27,000. New England Capital Financial Advisors LLC increased its holdings in WEC Energy Group by 265.8% during the second quarter. New England Capital Financial Advisors LLC now owns 278 shares of the utilities provider’s stock worth $29,000 after buying an additional 202 shares during the last quarter. Salomon & Ludwin LLC bought a new stake in WEC Energy Group in the third quarter worth about $30,000. Finally, Capital A Wealth Management LLC boosted its stake in WEC Energy Group by 5,116.7% in the second quarter. Capital A Wealth Management LLC now owns 313 shares of the utilities provider’s stock valued at $33,000 after acquiring an additional 307 shares during the last quarter. 77.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. Bank of America set a $116.00 target price on shares of WEC Energy Group in a research report on Wednesday, December 31st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of WEC Energy Group in a report on Monday, December 29th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $127.00 price objective on shares of WEC Energy Group in a research note on Friday, January 23rd. JPMorgan Chase & Co. increased their price objective on WEC Energy Group from $113.00 to $115.00 and gave the company a “neutral” rating in a report on Thursday, January 15th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $121.00 target price on shares of WEC Energy Group in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $120.67.

Insider Buying and Selling

In other WEC Energy Group news, VP Mary Beth Straka sold 2,815 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $115.50, for a total transaction of $325,132.50. Following the sale, the vice president 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 legal filing with the SEC, which is available at this link. Also, Director Ulice Payne, Jr. sold 1,450 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $114.60, for a total value of $166,170.00. Following the completion of the transaction, the director directly owned 20,541 shares of the company’s stock, valued at $2,353,998.60. The trade was a 6.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 42,354 shares of company stock worth $4,855,505. Insiders own 0.50% of the company’s stock.

WEC Energy Group Price Performance

WEC opened at $115.91 on Monday. The firm has a 50-day moving average price of $110.97 and a 200-day moving average price of $110.57. WEC Energy Group, Inc. has a twelve month low of $100.61 and a twelve month high of $118.18. The company has a quick ratio of 0.44, a current ratio of 0.59 and a debt-to-equity ratio of 1.35. The company has a market capitalization of $37.73 billion, a price-to-earnings ratio of 24.00, a PEG ratio of 2.78 and a beta of 0.58.

WEC Energy Group (NYSE:WEC) last announced its quarterly earnings results on Thursday, February 5th. The utilities provider reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.03. The company had revenue of $2.54 billion for the quarter, compared to analysts’ expectations 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 was down 8.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.43 EPS. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. Equities analysts expect that WEC Energy Group, Inc. will post 5.23 EPS for the current year.

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.