Van ECK Associates Corp Cuts Holdings in WEC Energy Group, Inc. $WEC

Posted by Brian Himes on Sep 1st, 2026

Van ECK Associates Corp reduced its holdings in WEC Energy Group, Inc. (NYSE:WEC – Free Report) by 13.8% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 141,115 shares of the utilities provider’s stock after selling 22,685 shares during the quarter. Van ECK Associates Corp’s holdings in WEC Energy Group were worth $16,478,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Annex Advisory Services LLC lifted its position in shares of WEC Energy Group by 8.6% during the 2nd quarter. Annex Advisory Services LLC now owns 121,431 shares of the utilities provider’s stock valued at $14,179,000 after acquiring an additional 9,591 shares during the period. North Dakota State Investment Board purchased a new stake in shares of WEC Energy Group during the 4th quarter worth approximately $1,155,000. Sterling Capital Management LLC grew its holdings in shares of WEC Energy Group by 106.3% in the 1st quarter. Sterling Capital Management LLC now owns 44,046 shares of the utilities provider’s stock worth $5,099,000 after acquiring an additional 22,697 shares during the period. GSA Capital Partners LLP grew its holdings in shares of WEC Energy Group by 377.5% in the 4th quarter. GSA Capital Partners LLP now owns 15,666 shares of the utilities provider’s stock worth $1,652,000 after acquiring an additional 12,385 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in WEC Energy Group by 9.8% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 698,377 shares of the utilities provider’s stock valued at $74,356,000 after purchasing an additional 62,243 shares in the last quarter. 77.20% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other WEC Energy Group news, Director Ulice Payne, Jr. sold 980 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $105.58, for a total transaction of $103,468.40. Following the transaction, the director owned 19,588 shares of the company’s stock, valued at $2,068,101.04. This represents a 4.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

WEC has been the topic of a number of research analyst reports. Weiss Ratings downgraded WEC Energy Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 5th. KeyCorp dropped their price target 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. BMO Capital Markets cut their price target on WEC Energy Group from $120.00 to $117.00 and set a “market perform” rating for the company in a research note on Wednesday, July 22nd. Wall Street Zen raised shares of WEC Energy Group from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Mizuho set a $124.00 target price on shares of WEC Energy Group in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $121.91.

Read Our Latest Report on WEC

WEC Energy Group Stock Up 0.1%

Shares of NYSE:WEC opened at $106.36 on Tuesday. The company has a quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.35. WEC Energy Group, Inc. has a 52-week low of $102.95 and a 52-week high of $119.91. The stock’s fifty day simple moving average is $112.10 and its 200-day simple moving average is $113.51. The company has a market capitalization of $34.66 billion, a P/E ratio of 20.61, a P/E/G ratio of 1.84 and a beta of 0.47.

WEC Energy Group (NYSE:WEC – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.11. The company had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $2.11 billion. WEC Energy Group had a net margin of 16.69% and a return on equity of 12.90%. The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period last year, the company earned $0.76 EPS. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. As a group, equities research analysts forecast that WEC Energy Group, Inc. will post 5.59 earnings per share for the current fiscal year.

WEC Energy Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be paid a $0.9525 dividend. This represents a $3.81 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Friday, August 14th. WEC Energy Group’s payout ratio is presently 73.84%.

WEC Energy Group Company 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.