Tyche Wealth Partners LLC Has $702,000 Stock Holdings in WEC Energy Group, Inc. $WEC

Tyche Wealth Partners LLC grew its stake in WEC Energy Group, Inc. (NYSE:WEC) by 273.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,654 shares of the utilities provider’s stock after buying an additional 4,872 shares during the period. Tyche Wealth Partners LLC’s holdings in WEC Energy Group were worth $702,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Osterweis Capital Management Inc. bought a new position in shares of WEC Energy Group in the 2nd quarter worth about $27,000. Harbor Investment Advisory LLC raised its position in shares of WEC Energy Group by 256.4% in the 4th quarter. Harbor Investment Advisory LLC now owns 278 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 200 shares in the last quarter. Salomon & Ludwin LLC bought a new position in shares of WEC Energy Group in the 3rd quarter worth about $30,000. GoalVest Advisory LLC raised its position in shares of WEC Energy Group by 54.7% in the 4th quarter. GoalVest Advisory LLC now owns 294 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 104 shares in the last quarter. Finally, Capital A Wealth Management LLC raised its position in shares of WEC Energy Group by 5,116.7% in the 2nd quarter. Capital A Wealth Management LLC now owns 313 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 307 shares in the last quarter. Institutional investors and hedge funds own 77.20% of the company’s stock.

Insider Buying and Selling

In other WEC Energy Group news, CEO Scott J. Lauber sold 8,089 shares of WEC Energy Group stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $110.70, for a total transaction of $895,452.30. Following the completion of the transaction, the chief executive officer owned 66,801 shares in the company, valued at approximately $7,394,870.70. The trade was a 10.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ulice Payne, Jr. sold 1,450 shares of WEC Energy Group 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 transaction, the director owned 20,541 shares of the company’s stock, valued at $2,353,998.60. This trade represents a 6.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 42,354 shares of company stock worth $4,855,505 over the last 90 days. Company insiders own 0.46% of the company’s stock.

WEC Energy Group Stock Down 0.0%

WEC stock traded down $0.02 during mid-day trading on Tuesday, reaching $116.30. 63,101 shares of the company traded hands, compared to its average volume of 2,179,708. The stock has a market cap of $37.88 billion, a price-to-earnings ratio of 24.06, a P/E/G ratio of 2.82 and a beta of 0.53. The company has a quick ratio of 0.44, a current ratio of 0.59 and a debt-to-equity ratio of 1.35. WEC Energy Group, Inc. has a fifty-two week low of $100.61 and a fifty-two week high of $119.62. The firm’s 50 day moving average price is $115.17 and its 200 day moving average price is $111.86.

WEC Energy Group (NYSE:WEC) last released its quarterly earnings results on Thursday, February 5th. The utilities provider reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.39 by $0.03. The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate 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 quarter in the previous year, the business earned $1.43 EPS. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. As a group, equities research analysts predict that WEC Energy Group, Inc. will post 5.23 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Bank of America set a $116.00 target price on WEC Energy Group in a research note on Wednesday, December 31st. UBS Group reduced their target price on WEC Energy Group from $119.00 to $115.00 and set a “neutral” rating for the company in a research note on Wednesday, December 17th. BTIG Research restated a “buy” rating and issued a $135.00 target price on shares of WEC Energy Group in a research note on Friday, January 30th. KeyCorp raised their target price on WEC Energy Group from $117.00 to $126.00 and gave the company an “overweight” rating in a research note on Wednesday, March 4th. Finally, Argus upgraded WEC Energy Group to a “strong-buy” rating in a research note on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued 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, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $120.73.

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.