MSH Capital Advisors LLC Purchases Shares of 13,292 WEC Energy Group, Inc. $WEC

MSH Capital Advisors LLC purchased a new position in shares of WEC Energy Group, Inc. (NYSE:WEC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 13,292 shares of the utilities provider’s stock, valued at approximately $1,552,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Godfrey Financial Associates Inc. acquired a new stake in shares of WEC Energy Group during the 4th quarter worth about $25,000. Torren Management LLC acquired a new position in WEC Energy Group in the fourth quarter valued at approximately $26,000. Osterweis Capital Management Inc. purchased a new position in WEC Energy Group in the second quarter valued at approximately $27,000. Physician Wealth Advisors Inc. increased its stake in WEC Energy Group by 113.9% in the first quarter. Physician Wealth Advisors Inc. now owns 246 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 131 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in WEC Energy Group by 972.7% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 236 shares of the utilities provider’s stock worth $28,000 after purchasing an additional 214 shares in the last quarter. 77.20% of the stock is owned by institutional investors and hedge funds.

WEC Energy Group Price Performance

Shares of NYSE WEC opened at $109.38 on Thursday. The stock has a market cap of $35.64 billion, a P/E ratio of 21.20, a P/E/G ratio of 1.92 and a beta of 0.47. WEC Energy Group, Inc. has a twelve month low of $102.95 and a twelve month high of $119.91. The stock has a 50 day moving average of $113.09 and a two-hundred day moving average of $113.78. The company has a current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.35.

WEC Energy Group (NYSE:WEC) last announced its earnings results on Wednesday, July 29th. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. The business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.11 billion. WEC Energy Group had a net margin of 16.69% and a return on equity of 12.90%. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period last year, the firm posted $0.76 earnings per share. 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 5.59 earnings per share for the current year.

WEC Energy Group Announces Dividend

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

Insider Transactions at WEC Energy Group

In other WEC Energy Group news, Director Ulice Payne, Jr. sold 980 shares of WEC Energy Group stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $105.58, for a total value of $103,468.40. Following the transaction, the director directly owned 19,588 shares in the company, valued at approximately $2,068,101.04. The trade was a 4.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of WEC Energy Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 5th. Mizuho set a $124.00 target price on shares of WEC Energy Group in a research report on Wednesday, May 6th. KeyCorp cut their price target on shares of WEC Energy Group from $126.00 to $117.00 and set an “overweight” rating on the stock in a research note on Thursday, July 23rd. Wall Street Zen cut shares of WEC Energy Group from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th. Finally, BMO Capital Markets decreased their price objective on shares of 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. 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’s stock. According to MarketBeat.com, WEC Energy Group has an average rating of “Moderate Buy” and a consensus target price of $121.91.

About WEC Energy Group

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.