WEC Energy Group, Inc. $WEC Shares Sold by Confluence Investment Management LLC

Posted by Brian Himes on Aug 4th, 2026

Confluence Investment Management LLC lowered its position in shares of WEC Energy Group, Inc. (NYSE:WEC – Free Report) by 3.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,191,332 shares of the utilities provider’s stock after selling 45,684 shares during the quarter. WEC Energy Group makes up about 2.2% of Confluence Investment Management LLC’s investment portfolio, making the stock its 5th largest position. Confluence Investment Management LLC’s holdings in WEC Energy Group were worth $139,112,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. increased its position in WEC Energy Group by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 41,099,951 shares of the utilities provider’s stock worth $4,334,401,000 after purchasing an additional 819,627 shares during the period. Geode Capital Management LLC lifted its position in WEC Energy Group by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 8,838,003 shares of the utilities provider’s stock valued at $928,653,000 after purchasing an additional 88,557 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of WEC Energy Group by 1.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,336,861 shares of the utilities provider’s stock valued at $562,826,000 after purchasing an additional 52,467 shares during the last quarter. 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. raised its position 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 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.

WEC Energy Group Stock Performance

Shares of WEC Energy Group stock opened at $109.38 on Tuesday. The stock’s fifty day simple moving average is $113.78 and its 200 day simple moving average is $113.80. The company has a current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.35. The company has a market capitalization of $35.63 billion, a PE ratio of 21.20, a PEG ratio of 1.89 and a beta of 0.47. WEC Energy Group, Inc. has a 12 month low of $102.95 and a 12 month high of $119.91.

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

WEC Energy Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be given a $0.9525 dividend. The ex-dividend date is Friday, August 14th. This represents a $3.81 annualized dividend and a dividend yield of 3.5%. WEC Energy Group’s payout ratio is currently 73.84%.

Insider Transactions at WEC Energy Group

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 shares were sold at an average price of $110.96, for a total transaction of $517,628.40. Following the sale, the executive vice president directly owned 7,346 shares in the company, valued at approximately $815,112.16. This trade represents a 38.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

WEC has been the subject of a number of analyst reports. Wall Street Zen cut WEC Energy Group from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th. Truist Financial increased their target price on WEC Energy Group from $119.00 to $122.00 and gave the company a “hold” rating in a research note on Thursday, July 16th. Barclays boosted their target price on 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. JPMorgan Chase & Co. upped their price target on WEC Energy Group from $120.00 to $124.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Finally, Wells Fargo & Company reiterated an “overweight” rating and issued a $127.00 price target on shares of WEC Energy Group in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, WEC Energy Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $123.20.

Read Our Latest Stock Analysis on WEC Energy Group

About WEC Energy Group

(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.