Representative Julie Johnson (D-Texas) recently sold shares of WEC Energy Group, Inc. (NYSE:WEC). In a filing disclosed on October 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in WEC Energy Group stock on September 25th. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.
Representative Julie Johnson also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Ameren (NYSE:AEE) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of Equinix (NASDAQ:EQIX) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of A. O. Smith (NYSE:AOS) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of McCormick & Company, Incorporated (NYSE:MKC) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of Monster Beverage (NASDAQ:MNST) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of Molson Coors Beverage (NYSE:TAP) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of LyondellBasell Industries (NYSE:LYB) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of United Dominion Realty Trust (NYSE:UDR) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of Xcel Energy (NASDAQ:XEL) on 9/25/2025.
WEC Energy Group Stock Down 0.6%
NYSE:WEC opened at $113.88 on Friday. WEC Energy Group, Inc. has a 1-year low of $91.94 and a 1-year high of $115.90. The company has a 50-day moving average of $109.85 and a 200 day moving average of $107.59. The firm has a market cap of $36.65 billion, a PE ratio of 21.82, a price-to-earnings-growth ratio of 3.15 and a beta of 0.47. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.55 and a quick ratio of 0.40.
WEC Energy Group Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 1st. Investors of record on Thursday, August 14th were paid a $0.8925 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $3.57 dividend on an annualized basis and a yield of 3.1%. WEC Energy Group’s dividend payout ratio is 68.39%.
Hedge Funds Weigh In On WEC Energy Group
Several hedge funds have recently modified their holdings of the stock. Verdence Capital Advisors LLC increased its holdings in shares of WEC Energy Group by 1.6% during the second quarter. Verdence Capital Advisors LLC now owns 5,712 shares of the utilities provider’s stock valued at $595,000 after acquiring an additional 92 shares in the last quarter. Manchester Capital Management LLC increased its holdings in shares of WEC Energy Group by 14.3% during the first quarter. Manchester Capital Management LLC now owns 744 shares of the utilities provider’s stock valued at $81,000 after acquiring an additional 93 shares in the last quarter. MTM Investment Management LLC increased its holdings in shares of WEC Energy Group by 3.6% during the second quarter. MTM Investment Management LLC now owns 2,720 shares of the utilities provider’s stock valued at $283,000 after acquiring an additional 95 shares in the last quarter. State of Wyoming increased its holdings in shares of WEC Energy Group by 5.7% during the second quarter. State of Wyoming now owns 1,762 shares of the utilities provider’s stock valued at $184,000 after acquiring an additional 95 shares in the last quarter. Finally, Liberty Capital Management Inc. increased its holdings in shares of WEC Energy Group by 3.8% during the second quarter. Liberty Capital Management Inc. now owns 2,649 shares of the utilities provider’s stock valued at $276,000 after acquiring an additional 97 shares in the last quarter. Institutional investors and hedge funds own 77.20% of the company’s stock.
Insider Buying and Selling
In related news, Director Gale E. Klappa sold 35,000 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $110.73, for a total value of $3,875,550.00. Following the transaction, the director owned 274,969 shares in the company, valued at approximately $30,447,317.37. This represents a 11.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Daniel Krueger sold 5,930 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $111.14, for a total transaction of $659,060.20. Following the completion of the transaction, the executive vice president owned 6,606 shares in the company, valued at approximately $734,190.84. This trade represents a 47.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 68,448 shares of company stock worth $7,581,132 in the last quarter. 0.50% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
A number of analysts recently weighed in on WEC shares. Citigroup started coverage on shares of WEC Energy Group in a research note on Friday, October 3rd. They issued a “buy” rating and a $131.00 price objective for the company. UBS Group set a $107.00 price objective on shares of WEC Energy Group and gave the stock a “neutral” rating in a research note on Friday, July 11th. The Goldman Sachs Group lowered shares of WEC Energy Group from a “neutral” rating to a “sell” rating and lowered their price objective for the stock from $106.00 to $100.00 in a research note on Wednesday, June 25th. Wall Street Zen raised shares of WEC Energy Group from a “sell” rating to a “hold” rating in a research note on Saturday, October 4th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of WEC Energy Group in a research report on Wednesday. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $110.70.
Read Our Latest Stock Analysis on WEC
About Representative Johnson
Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.
Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.
About WEC Energy Group
WEC Energy Group, Inc, through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments.
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