Annex Advisory Services LLC Buys 7,638 Shares of WEC Energy Group, Inc. $WEC

Annex Advisory Services LLC grew its stake in shares of WEC Energy Group, Inc. (NYSE:WEC) by 7.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 114,136 shares of the utilities provider’s stock after acquiring an additional 7,638 shares during the quarter. Annex Advisory Services LLC’s holdings in WEC Energy Group were worth $12,037,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Osterweis Capital Management Inc. bought a new stake in WEC Energy Group during the second quarter valued at approximately $27,000. Harbor Investment Advisory LLC boosted its stake in shares of WEC Energy Group by 256.4% during the 4th quarter. Harbor Investment Advisory LLC now owns 278 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 200 shares during the last quarter. Salomon & Ludwin LLC bought a new stake in shares of WEC Energy Group during the 3rd quarter valued at $30,000. GoalVest Advisory LLC grew its position in shares of WEC Energy Group by 54.7% during the 4th quarter. GoalVest Advisory LLC now owns 294 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 104 shares during the period. Finally, Vermillion & White Wealth Management Group LLC purchased a new stake in shares of WEC Energy Group in the 3rd quarter worth $36,000. 77.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Royal Bank Of Canada reissued a “sector perform” rating and set a $127.00 price target on shares of WEC Energy Group in a report on Friday, January 23rd. Bank of America set a $116.00 price objective on WEC Energy Group in a research report on Wednesday, December 31st. BMO Capital Markets reissued a “market perform” rating and issued a $121.00 target price on shares of WEC Energy Group in a report on Friday, February 6th. KeyCorp raised their target price on shares of WEC Energy Group from $117.00 to $126.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 4th. Finally, Argus raised shares of WEC Energy Group to a “strong-buy” rating in a report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $120.73.

Insider Buying and Selling at WEC Energy Group

In other news, CEO Scott J. Lauber sold 8,089 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $110.70, for a total transaction of $895,452.30. Following the sale, the chief executive officer directly owned 66,801 shares in the company, valued at approximately $7,394,870.70. This represents a 10.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gale E. Klappa sold 25,000 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $115.44, for a total transaction of $2,886,000.00. Following the completion of the transaction, the director directly owned 276,600 shares of the company’s stock, valued at approximately $31,930,704. The trade was a 8.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 42,354 shares of company stock worth $4,855,505 over the last three months. 0.46% of the stock is owned by company insiders.

WEC Energy Group Stock Performance

NYSE WEC opened at $116.53 on Wednesday. The stock has a market capitalization of $37.95 billion, a PE ratio of 24.13, a P/E/G ratio of 2.79 and a beta of 0.53. The business has a 50 day simple moving average of $115.25 and a two-hundred day simple moving average of $111.88. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.59 and a quick ratio of 0.44. WEC Energy Group, Inc. has a 1-year low of $100.61 and a 1-year high of $119.62.

WEC Energy Group (NYSE:WEC) last issued its quarterly earnings data on Thursday, February 5th. The utilities provider reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.03. WEC Energy Group had a return on equity of 12.40% and a net margin of 15.90%.The business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.19 billion. During the same period in the prior year, the firm earned $1.43 EPS. The company’s revenue for the quarter was down 8.8% on a year-over-year basis. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, research analysts predict that WEC Energy Group, Inc. will post 5.23 EPS for the current fiscal year.

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.