WEC Energy Group, Inc. $WEC Stock Sold by Park Avenue Securities LLC

Park Avenue Securities LLC decreased its stake in shares of WEC Energy Group, Inc. (NYSE:WEC) by 9.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 50,065 shares of the utilities provider’s stock after selling 5,359 shares during the period. Park Avenue Securities LLC’s holdings in WEC Energy Group were worth $5,046,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Physician Wealth Advisors Inc. grew its holdings 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 worth $28,000 after acquiring an additional 131 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its position in shares of 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 worth $28,000 after purchasing an additional 214 shares during the last quarter. Compass Financial Management LLC acquired a new position in shares of WEC Energy Group during the second quarter worth $29,000. Paladin Partners LLC acquired a new position in shares of WEC Energy Group during the second quarter worth $34,000. Finally, Addison Advisors LLC acquired a new position in shares of WEC Energy Group during the second quarter worth $34,000. Institutional investors and hedge funds own 77.20% of the company’s stock.

Insider Buying and Selling at WEC Energy Group

In other news, Director Ulice Payne, Jr. sold 980 shares of WEC Energy Group stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $105.58, for a total value of $103,468.40. Following the sale, the director owned 19,588 shares of the company’s stock, valued at $2,068,101.04. The trade was a 4.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.46% of the stock is currently owned by insiders.

Key Headlines Impacting WEC Energy Group

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

• Positive Sentiment: Quarterly earnings significantly exceeded expectations. WEC reported third-quarter 2026 net income of $389.3 million, or $1.18 per share, versus $271.3 million, or $0.83 per share, a year earlier. Revenue rose 8.9% to $2.29 billion and topped the $2.27 billion consensus estimate, helped by strong electricity demand, favorable weather and operating efficiencies. WEC Energy Group reports third-quarter results
• Positive Sentiment: WEC raised its full-year 2026 earnings outlook. The guidance increase reinforces investor confidence that stronger demand and improved operating performance can support results above prior expectations. Analysts currently expect approximately $5.60 in full-year EPS. WEC Energy boosts FY26 EPS outlook
• Positive Sentiment: The company outlined a $47.5 billion capital plan for 2027–2031 and is targeting 7% to 9%-plus annual EPS growth. The investment program could expand WEC’s rate base and provide longer-term earnings visibility. WEC outlines capital plan and EPS growth targets
• Positive Sentiment: Potential data-center demand offers an additional growth opportunity. WEC is reportedly in talks for a 400-megawatt data-center project, which could support future electricity sales and infrastructure investment, although no agreement has been finalized. WEC Energy Group data-center project talks
• Neutral Sentiment: Analyst opinion remains cautious. HSBC initiated coverage with a Hold rating, while RBC maintained Sector Perform and reduced its price target from $124 to $122. These ratings may limit enthusiasm despite the strong operating results. HSBC initiates coverage of WEC Energy Group

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. KeyCorp dropped their price objective on WEC Energy Group from $117.00 to $111.00 and set an “overweight” rating on the stock in a report on Tuesday, October 13th. Truist Financial decreased their target price on WEC Energy Group from $114.00 to $113.00 and set a “hold” rating for the company in a research note on Friday, October 16th. LADENBURG THALM/SH SH lowered their price target on WEC Energy Group from $110.50 to $108.50 and set a “neutral” rating for the company in a report on Wednesday, August 19th. BMO Capital Markets reiterated a “market perform” rating and issued a $117.00 price target (down from $120.00) on shares of WEC Energy Group in a research note on Friday, October 16th. Finally, Wall Street Zen raised shares of WEC Energy Group from a “sell” rating to a “hold” rating in a report on Tuesday, September 22nd. Eight research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $117.11.

WEC Energy Group Price Performance

Shares of NYSE WEC opened at $114.46 on Friday. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.53 and a quick ratio of 0.39. The stock has a fifty day moving average price of $105.69 and a 200 day moving average price of $111.38. WEC Energy Group, Inc. has a 1-year low of $99.80 and a 1-year high of $119.91. The company has a market cap of $37.30 billion, a PE ratio of 19.70, a P/E/G ratio of 2.28 and a beta of 0.45.

WEC Energy Group (NYSE:WEC) last announced its quarterly earnings data on Thursday, October 29th. The utilities provider reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.21. The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.27 billion. WEC Energy Group had a net margin of 16.69% and a return on equity of 12.90%. WEC Energy Group’s revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.83 EPS. Sell-side analysts forecast that WEC Energy Group, Inc. will post 5.60 EPS for the current year.

WEC Energy Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Friday, November 13th will be issued a $0.9525 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $3.81 annualized dividend and a dividend yield of 3.3%. WEC Energy Group’s payout ratio is presently 73.84%.

About WEC Energy Group

WEC Energy Group, Inc is an energy holding company headquartered in Milwaukee, Wisconsin. Through its operating companies, the company generates and delivers electricity and provides natural gas distribution, storage and related energy services to residential, commercial and industrial customers.

WEC Energy’s principal utility businesses include We Energies and Wisconsin Public Service in Wisconsin, Michigan Gas Utilities, Minnesota Energy Resources, Upper Michigan Energy Resources and North Dakota utility operations.