Ameritas Advisory Services LLC Raises Position in WEC Energy Group, Inc. $WEC

Ameritas Advisory Services LLC increased its holdings in WEC Energy Group, Inc. (NYSE:WEC) by 75.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,910 shares of the utilities provider’s stock after purchasing an additional 11,981 shares during the period. Ameritas Advisory Services LLC’s holdings in WEC Energy Group were worth $3,198,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. CVA Family Office LLC grew its holdings in WEC Energy Group by 25.4% in the 3rd quarter. CVA Family Office LLC now owns 440 shares of the utilities provider’s stock valued at $50,000 after buying an additional 89 shares during the period. Blossom Wealth Management boosted its position in shares of WEC Energy Group by 1.4% in the third quarter. Blossom Wealth Management now owns 6,439 shares of the utilities provider’s stock worth $738,000 after acquiring an additional 90 shares during the last quarter. MTM Investment Management LLC boosted its position in shares of WEC Energy Group by 3.6% in the second quarter. MTM Investment Management LLC now owns 2,720 shares of the utilities provider’s stock worth $283,000 after acquiring an additional 95 shares during the last quarter. Ellenbecker Investment Group grew its holdings in WEC Energy Group by 0.5% in the third quarter. Ellenbecker Investment Group now owns 20,117 shares of the utilities provider’s stock valued at $2,305,000 after purchasing an additional 95 shares during the period. Finally, MBE Wealth Management LLC increased its position in WEC Energy Group by 3.5% during the third quarter. MBE Wealth Management LLC now owns 2,793 shares of the utilities provider’s stock worth $320,000 after purchasing an additional 95 shares during the last quarter. 77.20% of the stock is currently owned by institutional investors and hedge funds.

WEC Energy Group Stock Up 0.8%

Shares of NYSE WEC opened at $114.03 on Friday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.44 and a current ratio of 0.59. WEC Energy Group, Inc. has a 1 year low of $100.61 and a 1 year high of $118.18. The stock’s 50-day simple moving average is $107.48 and its 200-day simple moving average is $109.82. The firm has a market cap of $37.09 billion, a price-to-earnings ratio of 23.61, a PEG ratio of 2.72 and a beta of 0.58.

WEC Energy Group (NYSE:WEC) last issued its quarterly earnings data on Thursday, February 5th. The utilities provider reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same quarter last year, the firm earned $1.43 EPS. WEC Energy Group’s quarterly revenue 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. As a group, equities analysts anticipate that WEC Energy Group, Inc. will post 5.23 earnings per share for the current fiscal year.

WEC Energy Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Shareholders of record on Friday, February 13th will be paid a dividend of $0.9525 per share. This is a positive change from WEC Energy Group’s previous quarterly dividend of $0.89. The ex-dividend date is Friday, February 13th. This represents a $3.81 dividend on an annualized basis and a yield of 3.3%. WEC Energy Group’s payout ratio is currently 73.91%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on WEC shares. TD Cowen began coverage on shares of WEC Energy Group in a report on Thursday, October 16th. They issued a “hold” rating and a $125.00 price target on the stock. Barclays boosted their price target on WEC Energy Group from $105.00 to $110.00 and gave the company an “equal weight” rating in a research report on Thursday, January 22nd. BMO Capital Markets restated a “market perform” rating and issued a $121.00 price objective on shares of WEC Energy Group in a report on Friday, February 6th. BTIG Research reiterated a “buy” rating and set a $135.00 target price on shares of WEC Energy Group in a report on Friday, January 30th. Finally, JPMorgan Chase & Co. raised their price target on shares of WEC Energy Group from $113.00 to $115.00 and gave the company a “neutral” rating in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $120.07.

Insiders Place Their Bets

In other news, CEO Scott J. Lauber sold 8,089 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $110.70, for a total value of $895,452.30. Following the completion of the sale, the chief executive officer owned 66,801 shares of the company’s stock, valued at approximately $7,394,870.70. The trade was a 10.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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.