WEC stock icon

WEC Energy
WEC

$78.32
1.3%
 

About: WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 48% electric generation and distribution, 36% gas distribution, 10% electric transmission, and 6% unregulated renewable energy.

Employees: 7,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 11 analysts
0
News positive %
of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

67% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 5 (+2) [Q1 2024]

0.78% more ownership

Funds ownership: 77.18% [Q4 2023] → 77.96% (+0.78%) [Q1 2024]

1% less capital invested

Capital invested by funds: $20.5B [Q4 2023] → $20.2B (-$285M) [Q1 2024]

3% less repeat investments, than reductions

Existing positions increased: 357 | Existing positions reduced: 367

3% less funds holding

Funds holding: 1,031 [Q4 2023] → 1,004 (-27) [Q1 2024]

23% less first-time investments, than exits

New positions opened: 88 | Existing positions closed: 115

57% less call options, than puts

Call options by funds: $19.8M | Put options by funds: $46.4M

Research analyst outlook

11 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$75
4%
downside
Avg. target
$87
11%
upside
High target
$96
23%
upside

11 analyst ratings

positive
36%
neutral
27%
negative
36%
BMO Capital
James Thalacker
15%upside
$90
Market Perform
Maintained
2 May 2024
Scotiabank
Andrew Weisel
15%upside
$90
Sector Outperform
Maintained
22 Apr 2024
Keybanc
Sophie Karp
23%upside
$96
Overweight
Maintained
19 Apr 2024
Goldman Sachs
Carly Davenport
12%upside
$88
Neutral
Initiated
10 Apr 2024
Barclays
Eric Beaumont
4%downside
$75
Underweight
Maintained
8 Feb 2024

Financial journalist opinion

Based on 7 articles about WEC published over the past 30 days