California State Teachers Retirement System cut its stake in shares of WEC Energy Group, Inc. (NYSE:WEC – Free Report) by 2.8% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 374,125 shares of the utilities provider’s stock after selling 10,671 shares during the period. California State Teachers Retirement System’s holdings in WEC Energy Group were worth $43,312,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in WEC. Vanguard Group Inc. grew its holdings in 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 valued at $4,334,401,000 after purchasing an additional 819,627 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of WEC Energy Group by 1.0% in 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 stake in shares of 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 worth $562,826,000 after buying an additional 52,467 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of WEC Energy Group by 1.4% during the 4th quarter. Northern Trust Corp now owns 3,641,145 shares of the utilities provider’s stock worth $383,995,000 after buying an additional 48,903 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in shares of WEC Energy Group by 175.0% during the 4th quarter. Franklin Resources Inc. now owns 3,357,608 shares of the utilities provider’s stock worth $354,093,000 after buying an additional 2,136,542 shares during the period. Institutional investors and hedge funds own 77.20% of the company’s stock.
WEC Energy Group Stock Performance
Shares of WEC Energy Group stock opened at $109.64 on Friday. The firm has a fifty day moving average of $113.86 and a two-hundred day moving average of $113.71. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.54 and a current ratio of 0.53. The stock has a market capitalization of $35.71 billion, a price-to-earnings ratio of 21.25, a PEG ratio of 1.91 and a beta of 0.47. WEC Energy Group, Inc. has a 52 week low of $102.95 and a 52 week high of $119.91.
WEC Energy Group Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be paid a dividend of $0.9525 per share. The ex-dividend date is Friday, August 14th. This represents a $3.81 dividend on an annualized basis and a dividend yield of 3.5%. WEC Energy Group’s dividend payout ratio (DPR) is 73.84%.
Analysts Set New Price Targets
WEC has been the subject of several research reports. KeyCorp reduced their price objective on WEC Energy Group from $126.00 to $117.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. Barclays boosted their target price on shares of WEC Energy Group from $111.00 to $117.00 and gave the stock an “equal weight” rating in a research report on Monday, April 20th. Wells Fargo & Company reiterated an “overweight” rating and set a $127.00 target price on shares of WEC Energy Group in a research note on Tuesday, April 21st. BMO Capital Markets reduced their price target on shares of WEC Energy Group from $120.00 to $117.00 and set a “market perform” rating for the company in a report on Wednesday, July 22nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of WEC Energy Group in a research report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $123.20.
Insiders Place Their Bets
In other WEC Energy Group news, EVP Daniel Krueger sold 4,665 shares of WEC Energy Group stock in a transaction dated Tuesday, May 19th. The shares were 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 in the company, valued at $815,112.16. The trade was a 38.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.46% of the company’s stock.
Key WEC Energy Group News
Here are the key news stories impacting WEC Energy Group this week:
- Positive Sentiment: WEC reported second-quarter 2026 adjusted earnings of $0.91 per share, exceeding the $0.80 analyst consensus and rising from $0.76 a year earlier. Rate-base growth, infrastructure investment and stronger commercial electricity demand helped lift profitability. WEC Energy Group Announces Q2 and First Half 2026 Financial Results
- Positive Sentiment: Management reaffirmed its 2026 earnings guidance of approximately $5.51 to $5.61 per share, consistent with the current analyst consensus near $5.59. The company also highlighted a roughly $37.5 billion capital investment plan, which is intended to expand the rate base and support future regulated growth. WEC Energy Group Q2 2026 Earnings Call Highlights
- Positive Sentiment: Growing electricity needs from commercial customers and potential additional data centers in Wisconsin could provide incremental long-term demand and strengthen the case for investment in generation and transmission capacity. WEC Energy Says More Data Centers May Be Coming to Wisconsin
- Neutral Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation, suggesting analysts remain generally constructive but are not signaling an overwhelming near-term catalyst. WEC Energy Group Receives Moderate Buy Recommendation
- Negative Sentiment: Revenue of approximately $2.06 billion fell short of the roughly $2.11 billion consensus estimate. Although revenue increased year over year, the miss and unchanged guidance appear to be weighing on the shares after the earnings release. WEC Energy Beats Earnings Forecast but Revenue Miss and Outlook Weigh on Shares
WEC Energy Group Company 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.
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