Los Angeles Capital Management LLC Reduces Holdings in WEC Energy Group, Inc. $WEC

Posted by Geri Gentry on Jun 9th, 2026

Los Angeles Capital Management LLC cut its position in shares of WEC Energy Group, Inc. (NYSE:WEC – Free Report) by 13.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 47,110 shares of the utilities provider’s stock after selling 7,443 shares during the quarter. Los Angeles Capital Management LLC’s holdings in WEC Energy Group were worth $5,305,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of WEC. Vanguard Group Inc. grew its holdings 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 in the last quarter. Freestone Grove Partners LP grew its holdings in shares of WEC Energy Group by 30,697.3% during the third quarter. Freestone Grove Partners LP now owns 620,565 shares of the utilities provider’s stock worth $71,111,000 after buying an additional 618,550 shares in the last quarter. Balyasny Asset Management L.P. grew its holdings in WEC Energy Group by 324.1% in the second quarter. Balyasny Asset Management L.P. now owns 774,679 shares of the utilities provider’s stock valued at $80,722,000 after purchasing an additional 592,028 shares during the period. Pictet Asset Management Holding SA grew its holdings in WEC Energy Group by 195.1% in the fourth quarter. Pictet Asset Management Holding SA now owns 482,309 shares of the utilities provider’s stock valued at $50,864,000 after purchasing an additional 318,846 shares during the period. Finally, Mairs & Power Inc. grew its holdings in WEC Energy Group by 20.2% in the third quarter. Mairs & Power Inc. now owns 1,793,851 shares of the utilities provider’s stock valued at $205,557,000 after purchasing an additional 301,323 shares during the period. 77.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WEC has been the subject of a number of recent analyst reports. Truist Financial lowered their target price on shares of WEC Energy Group from $124.00 to $119.00 and set a “hold” rating for the company in a report on Monday, May 18th. KeyCorp boosted their target price on shares of WEC Energy Group from $117.00 to $126.00 and gave the company an “overweight” rating in a report on Wednesday, March 4th. Wall Street Zen downgraded shares of WEC Energy Group from a “hold” rating to a “sell” rating in a report on Sunday, May 24th. JPMorgan Chase & Co. lowered their target price on shares of WEC Energy Group from $125.00 to $120.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Finally, Argus upgraded shares of WEC Energy Group to a “strong-buy” rating in a report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $122.13.

Get Our Latest Stock Report on WEC

WEC Energy Group Trading Down 1.5%

NYSE WEC opened at $111.31 on Tuesday. The company’s fifty day simple moving average is $113.91 and its 200-day simple moving average is $111.61. WEC Energy Group, Inc. has a 52 week low of $102.49 and a 52 week high of $119.62. The company has a current ratio of 0.68, a quick ratio of 0.54 and a debt-to-equity ratio of 1.36. The stock has a market cap of $36.26 billion, a P/E ratio of 22.22, a PEG ratio of 2.71 and a beta of 0.47.

WEC Energy Group (NYSE:WEC – Get Free Report) last posted its earnings results on Tuesday, May 5th. The utilities provider reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.30 by $0.15. The business 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 for the quarter was up 9.0% compared to the same quarter last year. During the same period in the previous year, the company posted $2.27 earnings per share. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. 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 firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Thursday, May 14th were paid a dividend of $0.9525 per share. The ex-dividend date was Thursday, May 14th. This represents a $3.81 annualized dividend and a yield of 3.4%. WEC Energy Group’s payout ratio is presently 76.05%.

Insiders Place Their Bets

In other WEC Energy Group news, EVP Daniel Krueger sold 4,665 shares of the business’s stock in a transaction 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 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.46% of the stock is currently owned by insiders.

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.