Louisiana State Employees Retirement System Buys Shares of 16,600 WEC Energy Group, Inc. $WEC

Posted by Geri Gentry on Jul 1st, 2026

Louisiana State Employees Retirement System purchased a new position in shares of WEC Energy Group, Inc. (NYSE:WEC – Free Report) in the 1st quarter, HoldingsChannel reports. The firm purchased 16,600 shares of the utilities provider’s stock, valued at approximately $1,922,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of WEC Energy Group by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 41,099,951 shares of the utilities provider’s stock worth $4,334,401,000 after buying an additional 819,627 shares during the period. Geode Capital Management LLC raised its stake in WEC Energy Group by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 8,838,003 shares of the utilities provider’s stock worth $928,653,000 after buying an additional 88,557 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in WEC Energy Group by 1.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,336,861 shares of the utilities provider’s stock valued at $562,826,000 after buying an additional 52,467 shares during the period. Northern Trust Corp lifted its holdings in WEC Energy Group by 1.4% in the fourth quarter. Northern Trust Corp now owns 3,641,145 shares of the utilities provider’s stock valued at $383,995,000 after buying an additional 48,903 shares during the period. Finally, Franklin Resources Inc. boosted its position in WEC Energy Group by 175.0% during the fourth quarter. Franklin Resources Inc. now owns 3,357,608 shares of the utilities provider’s stock valued at $354,093,000 after acquiring an additional 2,136,542 shares during the last quarter. Institutional investors and hedge funds own 77.20% of the company’s stock.

Insider Buying and Selling

In other WEC Energy Group news, EVP Daniel Krueger sold 4,665 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $110.96, for a total value of $517,628.40. Following the completion of the sale, the executive vice president owned 7,346 shares of the company’s stock, valued at approximately $815,112.16. This trade represents a 38.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.46% of the company’s stock.

WEC Energy Group Price Performance

Shares of NYSE WEC opened at $116.83 on Wednesday. The firm’s 50-day moving average price is $113.31 and its 200-day moving average price is $112.27. WEC Energy Group, Inc. has a 1-year low of $102.49 and a 1-year high of $119.62. The firm has a market capitalization of $38.05 billion, a P/E ratio of 23.32, a P/E/G ratio of 2.85 and a beta of 0.47. The company has a current ratio of 0.68, a quick ratio of 0.54 and a debt-to-equity ratio of 1.36.

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

WEC Energy Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Thursday, May 14th were issued a $0.9525 dividend. The ex-dividend date was Thursday, May 14th. This represents a $3.81 annualized dividend and a yield of 3.3%. WEC Energy Group’s dividend payout ratio is presently 76.05%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Truist Financial decreased their price target on WEC Energy Group from $124.00 to $119.00 and set a “hold” rating for the company in a report on Monday, May 18th. Wall Street Zen downgraded WEC Energy Group from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th. KeyCorp upped their target price on WEC Energy Group from $117.00 to $126.00 and gave the company an “overweight” rating in a research report on Wednesday, March 4th. Barclays raised their target price on WEC Energy Group from $111.00 to $117.00 and gave the stock an “equal weight” rating in a research note on Monday, April 20th. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $127.00 price target on shares of WEC Energy Group in a research note on Tuesday, April 21st. One investment 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, the company currently has a consensus rating of “Moderate Buy” and an average target price of $123.60.

Check Out Our Latest Stock 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.