MGE Energy (NASDAQ:MGEE) Director Buys $21,271.25 in Stock

Posted by Francis Steltz on Sep 14th, 2026

MGE Energy Inc. (NASDAQ:MGEE – Get Free Report) Director James Berbee acquired 275 shares of MGE Energy stock in a transaction that occurred on Wednesday, September 9th. The shares were purchased at an average cost of $77.35 per share, for a total transaction of $21,271.25. Following the purchase, the director directly owned 10,013 shares of the company’s stock, valued at approximately $774,505.55. This trade represents a 2.82% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

MGE Energy Stock Performance

Shares of MGE Energy stock opened at $76.48 on Monday. MGE Energy Inc. has a fifty-two week low of $72.16 and a fifty-two week high of $87.94. The firm has a market cap of $2.89 billion, a PE ratio of 18.79 and a beta of 0.70. The business’s fifty day moving average is $80.17 and its two-hundred day moving average is $78.52. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.61.

MGE Energy (NASDAQ:MGEE – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.12. MGE Energy had a return on equity of 11.10% and a net margin of 19.45%.The business had revenue of $161.19 million during the quarter, compared to the consensus estimate of $166.37 million. Analysts anticipate that MGE Energy Inc. will post 3.99 earnings per share for the current year.

MGE Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a $0.5083 dividend. The ex-dividend date is Tuesday, September 1st. This is a positive change from MGE Energy’s previous quarterly dividend of $0.47. This represents a $2.03 dividend on an annualized basis and a yield of 2.7%. MGE Energy’s payout ratio is presently 49.88%.

Analyst Upgrades and Downgrades

MGEE has been the topic of several research reports. Weiss Ratings restated a “hold (c)” rating on shares of MGE Energy in a report on Wednesday, August 5th. Morgan Stanley lowered their target price on MGE Energy from $76.00 to $74.00 and set an “underweight” rating for the company in a research note on Friday, August 21st. Finally, LADENBURG THALM/SH SH raised MGE Energy from a “neutral” rating to a “buy” rating and set a $81.00 target price on the stock in a research report on Monday, June 8th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, MGE Energy has an average rating of “Hold” and an average target price of $77.50.

Get Our Latest Stock Analysis on MGEE

Institutional Investors Weigh In On MGE Energy

A number of institutional investors have recently made changes to their positions in MGEE. Hantz Financial Services Inc. increased its stake in MGE Energy by 63.8% during the fourth quarter. Hantz Financial Services Inc. now owns 416 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 162 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of MGE Energy during the 3rd quarter valued at about $40,000. Avalon Trust Co acquired a new stake in MGE Energy during the second quarter worth about $49,000. Parallel Advisors LLC lifted its holdings in MGE Energy by 28.6% in the third quarter. Parallel Advisors LLC now owns 714 shares of the utilities provider’s stock worth $60,000 after acquiring an additional 159 shares during the last quarter. Finally, Highland Investment Advisors LLC acquired a new position in MGE Energy in the second quarter valued at approximately $60,000. 52.58% of the stock is currently owned by institutional investors.

MGE Energy Company Profile

(Get Free Report)

MGE Energy, Inc is a public utility holding company headquartered in Madison, Wisconsin. Its principal subsidiary, Madison Gas and Electric Company (MG&E), provides electric and natural gas service to residential, commercial and industrial customers in south-central Wisconsin.

The company’s operations include generating, purchasing, transmitting and distributing electricity, as well as distributing natural gas. MGE Energy’s generation portfolio includes renewable resources such as wind and solar, along with other generation and purchased-power arrangements.