WEC Energy Group, Inc. $WEC Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp cut its holdings in WEC Energy Group, Inc. (NYSE:WEC) by 2.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 270,680 shares of the utilities provider’s stock after selling 6,071 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.08% of WEC Energy Group worth $31,017,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Bayforest Capital Ltd purchased a new stake in shares of WEC Energy Group in the second quarter valued at $26,000. CoreFirst Bank & Trust purchased a new stake in WEC Energy Group in the 2nd quarter valued at about $26,000. Osterweis Capital Management Inc. acquired a new position in shares of WEC Energy Group during the 2nd quarter valued at about $27,000. New England Capital Financial Advisors LLC lifted its holdings in shares of WEC Energy Group by 265.8% during the 2nd quarter. New England Capital Financial Advisors LLC now owns 278 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 202 shares during the period. Finally, Salomon & Ludwin LLC purchased a new position in shares of WEC Energy Group during the 3rd quarter worth about $30,000. Hedge funds and other institutional investors own 77.20% of the company’s stock.

More WEC Energy Group News

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

• Positive Sentiment: Board raised the quarterly common dividend by 6.7% to $0.9525 per share (annualized $3.81), reinforcing WEC’s income profile and supporting yield-focused investor demand. WEC Energy Group raises quarterly dividend by 6.7 percent
• Positive Sentiment: Major business-media outlets highlighted the dividend increase, increasing visibility to income investors and potentially underpinning the share price. WEC Energy Group Raises Dividend 6.7%
• Positive Sentiment: Analyst commentary and models that emphasize EPS growth point to WEC as an opportunity for investors focused on steady earnings growth and dividend coverage; this supports a longer-term constructive view. If EPS Growth Is Important To You, WEC Energy Group (NYSE:WEC) Presents An Opportunity
• Neutral Sentiment: Barclays nudged its price target up from $105 to $110 but kept an “equal weight” rating — a modest positive signal but not a strong upgrade of sentiment. Benzinga note on Barclays price target
• Neutral Sentiment: WEC declared quarterly preferred-stock dividends (routine payment schedule for preferred series); material mainly to preferred holders and not a major surprise for common shareholders. Wisconsin Electric declares quarterly dividends
• Neutral Sentiment: Analysts offered sector-level insights on utilities including WEC (TipRanks/Globe and Mail), providing context but no material new guidance; useful for investors benchmarking WEC vs. peers. Analysts Offer Insights on Utilities Companies: American Water (AWK) and WEC Energy Group (WEC)
• Neutral Sentiment: Longtime WEC leader Gale Klappa will retire from the board and be named Chairman Emeritus; the company has a planned succession with Lauber to be appointed chairman. This is a controlled, announced transition but may prompt investor scrutiny of governance and strategy under new board leadership. Klappa to retire, named Chairman Emeritus
• Neutral Sentiment: Local and national coverage noted Klappa’s retirement after 22+ years on the board; given the planned, orderly succession the move is not unexpected but remains a watch item for governance/strategy continuity. WEC Energy Group chairman Gale Klappa to retire from board after more than 22 years
• Neutral Sentiment: National coverage summarized the board/leadership news for broader investor audiences. Longtime head of We Energies’ corporate parent is retiring

WEC Energy Group Trading Down 0.2%

Shares of WEC opened at $109.15 on Monday. WEC Energy Group, Inc. has a 12 month low of $96.37 and a 12 month high of $118.18. The stock’s 50-day moving average is $107.15 and its two-hundred day moving average is $109.44. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.50 and a quick ratio of 0.33. The stock has a market cap of $35.51 billion, a PE ratio of 20.63, a P/E/G ratio of 2.58 and a beta of 0.58.

WEC Energy Group (NYSE:WEC) last announced its earnings results on Thursday, October 30th. The utilities provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.81 by $0.02. The business had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $1.86 billion. WEC Energy Group had a return on equity of 12.60% and a net margin of 17.75%.The company’s revenue was up 12.9% on a year-over-year basis. During the same period last year, the business posted $0.82 EPS. WEC Energy Group has set its FY 2025 guidance at 5.170-5.270 EPS. Equities analysts forecast that WEC Energy Group, Inc. will post 5.23 earnings per share for the current fiscal year.

WEC Energy Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Friday, February 13th will be issued a dividend of $0.9525 per share. This represents a $3.81 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Friday, February 13th. This is a positive change from WEC Energy Group’s previous quarterly dividend of $0.89. WEC Energy Group’s dividend payout ratio (DPR) is 67.49%.

Analysts Set New Price Targets

A number of research firms recently issued reports on WEC. UBS Group set a $116.00 target price on shares of WEC Energy Group in a report on Wednesday, December 31st. Royal Bank Of Canada reissued a “sector perform” rating and set a $127.00 price objective on shares of WEC Energy Group in a research note on Friday. Wall Street Zen lowered WEC Energy Group from a “hold” rating to a “sell” rating in a research report on Saturday, November 1st. Mizuho set a $125.00 price target on WEC Energy Group in a research report on Monday, October 27th. Finally, LADENBURG THALM/SH SH upgraded WEC Energy Group from a “neutral” rating to a “buy” rating in a research note on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $120.36.

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.