Trivium Point Advisory LLC Invests $575,000 in WEC Energy Group, Inc. $WEC

Trivium Point Advisory LLC bought a new position in WEC Energy Group, Inc. (NYSE:WEC) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 4,923 shares of the utilities provider’s stock, valued at approximately $575,000.

A number of other institutional investors have also added to or reduced their stakes in WEC. Godfrey Financial Associates Inc. purchased a new stake in WEC Energy Group during the fourth quarter valued at about $25,000. Torren Management LLC purchased a new position in shares of WEC Energy Group during the 4th quarter valued at about $26,000. Osterweis Capital Management Inc. bought a new stake in WEC Energy Group in the 2nd quarter worth approximately $27,000. Physician Wealth Advisors Inc. lifted its position in WEC Energy Group by 113.9% in the 1st quarter. Physician Wealth Advisors Inc. now owns 246 shares of the utilities provider’s stock worth $28,000 after buying an additional 131 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in WEC Energy Group by 972.7% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 236 shares of the utilities provider’s stock worth $28,000 after buying an additional 214 shares in the last quarter. Institutional investors own 77.20% of the company’s stock.

Insider Activity

In other news, Director Ulice Payne, Jr. sold 980 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $105.58, for a total transaction of $103,468.40. Following the completion of the transaction, the director directly owned 19,588 shares of the company’s stock, valued at approximately $2,068,101.04. This represents a 4.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Daniel Krueger sold 4,665 shares of the stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $110.96, for a total transaction of $517,628.40. Following the sale, the executive vice president owned 7,346 shares of the company’s stock, valued at approximately $815,112.16. This represents a 38.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.46% of the company’s stock.

WEC Energy Group Stock Up 0.0%

Shares of WEC Energy Group stock opened at $110.53 on Monday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.39 and a current ratio of 0.53. WEC Energy Group, Inc. has a 52-week low of $102.95 and a 52-week high of $119.91. The stock has a market capitalization of $36.02 billion, a price-to-earnings ratio of 21.42, a P/E/G ratio of 1.91 and a beta of 0.47. The company’s 50 day moving average price is $113.24 and its 200-day moving average price is $113.78.

WEC Energy Group (NYSE:WEC) last posted its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. The company had revenue of $2.06 billion during 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 firm’s revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.76 EPS. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. Equities research analysts forecast that WEC Energy Group, Inc. will post 5.59 EPS for the current year.

WEC Energy Group Announces Dividend

The company 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 $0.9525 dividend. The ex-dividend date is Friday, August 14th. This represents a $3.81 dividend on an annualized basis and a dividend yield of 3.4%. WEC Energy Group’s payout ratio is presently 73.84%.

Analyst Upgrades and Downgrades

WEC has been the topic of a number of recent research reports. Truist Financial reduced their price target on shares of WEC Energy Group from $122.00 to $114.00 and set a “hold” rating on the stock in a research report on Thursday. Barclays boosted their price objective 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. KeyCorp cut their price objective on shares of WEC Energy Group from $126.00 to $117.00 and set an “overweight” rating for the company in a research note on Thursday, July 23rd. LADENBURG THALM/SH SH lowered shares of WEC Energy Group from a “buy” rating to a “neutral” rating and set a $110.50 target price on the stock. in a report on Tuesday, August 4th. Finally, BMO Capital Markets decreased their price objective on WEC Energy Group from $120.00 to $117.00 and set a “market perform” rating on the stock in a report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target 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.