WEC Energy Group, Inc. $WEC Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. reduced its stake in shares of WEC Energy Group, Inc. (NYSE:WEC) by 6.3% in the 4th quarter, HoldingsChannel reports. The firm owned 1,285,132 shares of the utilities provider’s stock after selling 86,577 shares during the quarter. Principal Financial Group Inc.’s holdings in WEC Energy Group were worth $135,530,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cerro Pacific Wealth Advisors LLC grew its holdings in WEC Energy Group by 1.7% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 6,226 shares of the utilities provider’s stock valued at $657,000 after buying an additional 103 shares during the last quarter. QRG Capital Management Inc. raised its holdings in shares of WEC Energy Group by 26.2% in the fourth quarter. QRG Capital Management Inc. now owns 20,337 shares of the utilities provider’s stock worth $2,145,000 after acquiring an additional 4,226 shares during the last quarter. Truist Financial Corp lifted its position in shares of WEC Energy Group by 5.6% in the fourth quarter. Truist Financial Corp now owns 187,408 shares of the utilities provider’s stock valued at $19,764,000 after acquiring an additional 9,923 shares in the last quarter. Cornerstone Planning Group LLC boosted its stake in shares of WEC Energy Group by 2,400.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 275 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 264 shares during the last quarter. Finally, Horizon Investments LLC boosted its stake in shares of WEC Energy Group by 2.5% during the fourth quarter. Horizon Investments LLC now owns 15,930 shares of the utilities provider’s stock valued at $1,680,000 after acquiring an additional 396 shares during the last quarter. Hedge funds and other institutional investors own 77.20% of the company’s stock.

Key WEC Energy Group News

Here are the key news stories impacting WEC Energy Group this week:

• Positive Sentiment: Q1 results beat estimates: WEC reported $2.45 EPS on $3.43B revenue, each above consensus, with revenue up ~9% year-over-year — evidence of solid core demand and margin performance. WEC Energy Group reports first-quarter results
• Positive Sentiment: Stronger power demand and commercial opportunity: Reuters highlights rising Q1 profit driven by higher residential and industrial sales and management saying it’s working with hyperscale customers on potential load growth up to 4 GW — a multi‑year demand growth driver if realized. Utility WEC Energy’s first-quarter profit rises on stronger power demand
• Positive Sentiment: Data-center pipeline could expand loads: A We Energies executive told local press another hyperscale data center announcement could come by fall — reinforcement of the 4 GW opportunity and potential long-term load growth for the utility. Another data center could be announced by fall: We Energies executive
• Neutral Sentiment: FY‑2026 guidance largely in-line: WEC set EPS guidance at $5.510–$5.610, effectively matching consensus (~$5.60). That reduces surprise risk but offers limited upside surprise potential. Listen to Conference Call
• Neutral Sentiment: Earnings call details available: The Q1 earnings call transcript provides management comments on growth opportunities and execution; useful for judging timing and risks around hyperscale projects and capital plans. WEC Energy Group, Inc. (WEC) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Valuation scrutiny and investor re‑rating: Analysts and columnists are re‑examining WEC’s valuation after the recent run, highlighting comparisons with peers and questioning upside given the in‑line guidance — pressure that can prompt short‑term profit‑taking. Assessing WEC Energy Group (WEC) Valuation As Investors Revisit The Stock’s Recent Performance
• Negative Sentiment: Peer/value comparisons may cap near-term upside: Coverage comparing WEC to European utility RWE and other peers flags relative value metrics that could keep analysts cautious and cap multiple expansion. RWEOY or WEC: Which Is the Better Value Stock Right Now?

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of WEC Energy Group from $113.00 to $115.00 and gave the company a “neutral” rating in a research note on Thursday, January 15th. Barclays lifted their price target on shares of WEC Energy Group from $111.00 to $117.00 and gave the stock an “equal weight” rating in a report on Monday, April 20th. BMO Capital Markets reissued a “market perform” rating and set a $121.00 price objective on shares of WEC Energy Group in a research note on Friday, February 6th. KeyCorp raised their target price on shares of WEC Energy Group from $117.00 to $126.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 4th. Finally, Mizuho set a $124.00 price target on WEC Energy Group in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $122.13.

Insider Activity at WEC Energy Group

In related news, VP Mary Beth Straka sold 2,815 shares of WEC Energy Group stock in a transaction on Friday, February 13th. The stock was sold at an average price of $115.50, for a total value of $325,132.50. Following the transaction, the vice president owned 4,707 shares in the company, valued at approximately $543,658.50. This trade represents a 37.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ulice Payne, Jr. sold 1,450 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $114.60, for a total value of $166,170.00. Following the sale, the director directly owned 20,541 shares of the company’s stock, valued at approximately $2,353,998.60. This trade represents a 6.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 42,354 shares of company stock valued at $4,855,505 over the last quarter. 0.46% of the stock is currently owned by corporate insiders.

WEC Energy Group Stock Down 1.1%

WEC opened at $114.01 on Thursday. WEC Energy Group, Inc. has a 12 month low of $100.61 and a 12 month high of $119.62. The business has a 50-day moving average of $115.64 and a two-hundred day moving average of $111.93. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.68 and a quick ratio of 0.44. The stock has a market capitalization of $37.13 billion, a price-to-earnings ratio of 22.76, a price-to-earnings-growth ratio of 2.77 and a beta of 0.50.

WEC Energy Group (NYSE:WEC) last announced its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.30 by $0.15. WEC Energy Group had a net margin of 16.25% and a return on equity of 12.72%. The business had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same period in the prior year, the firm posted $2.27 EPS. The company’s revenue was up 9.0% 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 expect that WEC Energy Group, Inc. will post 5.59 earnings per share for the current year.

WEC Energy Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Thursday, May 14th will be issued a $0.9525 dividend. This represents a $3.81 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Thursday, May 14th. WEC Energy Group’s dividend payout ratio (DPR) is 78.88%.

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.