Thurston Springer Miller Herd & Titak Inc. Grows Holdings in WEC Energy Group, Inc. $WEC

Thurston Springer Miller Herd & Titak Inc. boosted its position in WEC Energy Group, Inc. (NYSE:WEC) by 284.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,143 shares of the utilities provider’s stock after buying an additional 9,724 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in WEC Energy Group were worth $1,386,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of WEC. CVA Family Office LLC lifted its stake in shares of WEC Energy Group by 25.4% in the 3rd quarter. CVA Family Office LLC now owns 440 shares of the utilities provider’s stock worth $50,000 after acquiring an additional 89 shares during the period. Blossom Wealth Management increased its stake in shares of WEC Energy Group by 1.4% during the third quarter. Blossom Wealth Management now owns 6,439 shares of the utilities provider’s stock valued at $738,000 after acquiring an additional 90 shares during the period. Moors & Cabot Inc. raised its holdings in WEC Energy Group by 1.7% during the third quarter. Moors & Cabot Inc. now owns 5,511 shares of the utilities provider’s stock worth $632,000 after purchasing an additional 93 shares in the last quarter. State of Wyoming raised its holdings in WEC Energy Group by 5.7% during the second quarter. State of Wyoming now owns 1,762 shares of the utilities provider’s stock worth $184,000 after purchasing an additional 95 shares in the last quarter. Finally, Ellenbecker Investment Group lifted its position in WEC Energy Group by 0.5% in the third quarter. Ellenbecker Investment Group now owns 20,117 shares of the utilities provider’s stock worth $2,305,000 after purchasing an additional 95 shares during the period. 77.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other WEC Energy Group news, Director Gale E. Klappa sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $116.55, for a total value of $582,750.00. Following the completion of the transaction, the director directly owned 276,600 shares in the company, valued at $32,237,730. This trade represents a 1.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Ulice Payne, Jr. sold 1,450 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $114.60, for a total transaction of $166,170.00. Following the sale, the director owned 20,541 shares in the company, valued at $2,353,998.60. This represents a 6.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 42,354 shares of company stock valued at $4,855,505 over the last ninety days. Corporate insiders own 0.50% of the company’s stock.

WEC Energy Group Price Performance

NYSE WEC opened at $117.67 on Friday. WEC Energy Group, Inc. has a 1 year low of $100.61 and a 1 year high of $118.53. The business’s fifty day moving average is $114.32 and its two-hundred day moving average is $111.55. The stock has a market capitalization of $38.33 billion, a P/E ratio of 24.36, a P/E/G ratio of 2.82 and a beta of 0.53. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.44 and a current ratio of 0.59.

WEC Energy Group (NYSE:WEC) last issued its earnings results on Thursday, February 5th. The utilities provider reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.03. The business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.19 billion. WEC Energy Group had a return on equity of 12.40% and a net margin of 15.90%.The company’s quarterly revenue was down 8.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.43 EPS. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, research analysts forecast that WEC Energy Group, Inc. will post 5.23 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Jefferies Financial Group lowered their price target on WEC Energy Group from $124.00 to $121.00 and set a “hold” rating on the stock in a research report on Wednesday, January 28th. Barclays upped their price objective on WEC Energy Group from $110.00 to $111.00 and gave the company an “equal weight” rating in a report on Tuesday, March 24th. Mizuho lifted their target price on WEC Energy Group from $117.00 to $121.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. JPMorgan Chase & Co. boosted their price target on shares of WEC Energy Group from $113.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Finally, UBS Group cut their price target on shares of WEC Energy Group from $119.00 to $115.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $120.73.

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.