Sterling Capital Management LLC Buys 22,697 Shares of WEC Energy Group, Inc. $WEC

Posted by Brian Himes on Jun 28th, 2026

Sterling Capital Management LLC grew its stake in shares of WEC Energy Group, Inc. (NYSE:WEC – Free Report) by 106.3% in the first quarter, Holdings Channel reports. The institutional investor owned 44,046 shares of the utilities provider’s stock after purchasing an additional 22,697 shares during the period. Sterling Capital Management LLC’s holdings in WEC Energy Group were worth $5,099,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in WEC. Godfrey Financial Associates Inc. bought a new position in WEC Energy Group during the fourth quarter valued at about $25,000. Torren Management LLC bought a new stake in shares of WEC Energy Group in the 4th quarter worth approximately $26,000. Osterweis Capital Management Inc. bought a new stake in shares of WEC Energy Group in the 2nd quarter worth approximately $27,000. Harbor Investment Advisory LLC grew its holdings 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 purchasing an additional 200 shares in the last quarter. Finally, Cornerstone Planning Group LLC grew its holdings in shares of WEC Energy Group by 2,400.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 275 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 264 shares in the last quarter. Institutional investors own 77.20% of the company’s stock.

Insider Activity at WEC Energy Group

In other news, EVP Daniel Krueger sold 4,665 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $110.96, for a total transaction of $517,628.40. Following the sale, the executive vice president directly owned 7,346 shares of the company’s stock, valued at $815,112.16. This represents a 38.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.46% of the stock is owned by company insiders.

WEC Energy Group Stock Performance

Shares of NYSE:WEC opened at $118.73 on Friday. The business has a fifty day moving average of $113.25 and a 200-day moving average of $112.03. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.54 and a current ratio of 0.68. WEC Energy Group, Inc. has a twelve month low of $102.49 and a twelve month high of $119.62. The firm has a market cap of $38.67 billion, a PE ratio of 23.70, a price-to-earnings-growth ratio of 2.86 and a beta of 0.47.

WEC Energy Group (NYSE:WEC – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.30 by $0.15. WEC Energy Group had a net margin of 16.25% and a return on equity of 12.72%. The business had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the prior year, the company earned $2.27 EPS. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, equities research analysts predict that WEC Energy Group, Inc. will post 5.59 EPS for the current fiscal year.

WEC Energy Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Thursday, May 14th were given a dividend of $0.9525 per share. This represents a $3.81 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Thursday, May 14th. WEC Energy Group’s dividend payout ratio is presently 76.05%.

Analyst Ratings Changes

A number of brokerages recently commented on WEC. JPMorgan Chase & Co. cut their target price on WEC Energy Group from $125.00 to $120.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Wells Fargo & Company reiterated an “overweight” rating and set a $127.00 price target on shares of WEC Energy Group in a research note on Tuesday, April 21st. Truist Financial lowered their price target on shares of WEC Energy Group from $124.00 to $119.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Barclays increased their price objective on shares of WEC Energy Group from $111.00 to $117.00 and gave the company an “equal weight” rating in a research note on Monday, April 20th. Finally, KeyCorp raised their price objective on shares of WEC Energy Group from $117.00 to $126.00 and gave the stock an “overweight” rating in a report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, WEC Energy Group presently has a consensus rating of “Moderate Buy” and an average price target of $123.60.

Read Our Latest Research Report on WEC

WEC Energy Group Profile

(Free Report)

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.