WEC Energy Group Inc (NYSE: WEC) is 12.60% higher on its value in year-to-date trading and has touched a low of $76.50 and a high of $105.29 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WEC stock was last observed hovering at around $104.88 in the last trading session, with the day’s gains setting it 1.01%.
Currently trading at $105.89, the stock is 3.97% and 8.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.51 million and changing 0.96% at the moment leaves the stock 15.28% off its SMA200. WEC registered 35.32% gain for a year compared to 6-month gain of 13.91%.
The stock witnessed a 8.04% loss in the last 1 month and extending the period to 3 months gives it a 6.67%, and is 2.70% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.46% over the week and 1.82% over the month.
WEC Energy Group Inc (WEC) has around 7017 employees, a market worth around $33.65B and $8.60B in sales. Current P/E ratio is 21.95 and Fwd P/E is 18.95. Profit margin for the company is 17.76%. Distance from 52-week low is 38.42% and 0.57% from its 52-week high. The company has generated returns on investments over the last 12 months (5.10%).
The EPS is expected to grow by 7.26% this year.
WEC Energy Group Inc (WEC) Top Institutional Holders
The shares outstanding are 317.68M, and float is at 317.19M with Short Float at 3.57%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 39.73 million shares valued at $3.12 billion. The investor’s holdings represent 12.5883% of the WEC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 29.19 million shares valued at $2.29 billion to account for 9.2503 of the shares outstanding. The other top investors are STATE STREET CORP which holds 21.57 million shares representing 6.8357% and valued at over $1.69 billion, while GEODE CAPITAL MANAGEMENT, LLC holds 2.4865 of the shares totaling 7.85 million with a market value of $614.14 million.
WEC Energy Group Inc (WEC) Insider Activity
The most recent transaction is an insider sale by PAYNE ULICE JR, the company’s Director. SEC filings show that PAYNE ULICE JR sold 1,150 shares of the company’s common stock on Feb 24 ’25 at a price of $104.17 per share for a total of $0.12 million. Following the sale, the insider now owns 21951.0 shares.
Still, SEC filings show that on Nov 21 ’24, Lauber Scott J (President and CEO) disposed off 6,720 shares at an average price of $100.89 for $0.68 million. The insider now directly holds 45,709 shares of WEC Energy Group Inc (WEC).
