WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. It generates and distributes electricity from coal, natural gas, oil, hydroelectric, wind, solar, and biomass sources; provides electric transmission services; offers retail natural gas distribution services; transports natural gas; and generates, distributes, and sells steam. As of December 31, 2021, it operated approximately 35,800 miles of overhead distribution lines and 35,600 miles of underground distribution cables, as well as 440 electric distribution substations and 510,500 line transformers; 50,900 miles of natural gas distribution mains; 1,200 miles of natural gas transmission mains; 2.3 million natural gas lateral services; 500 natural gas distribution and transmission gate stations; and 68.2 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was incorporated in 1981 and is headquartered in Milwaukee, Wisconsin.
Company profile
Ticker
WEC
Exchange
Website
CEO
Mr. Scott J. Lauber
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
APOGEE ENTERPRISES INC
SEC CIK
Corporate docs
Subsidiaries
ATC Holding LLC • American Transmission Company LLC • ATC Development Manager, Inc. • ATC Holdco LLC • ATC Management Inc. • Bluewater Natural Gas Holding, LLC • BGS Kimball Gas Storage, LLC • Bluewater Gas Storage, LLC • Integrys Holding, Inc. • Michigan Gas Utilities Corporation ...
IRS number
391391525
WEC stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
17 Oct 24
8-K
Regulation FD Disclosure
25 Sep 24
8-K
Regulation FD Disclosure
3 Sep 24
8-K
Regulation FD Disclosure
12 Aug 24
424B5
Prospectus supplement for primary offering
6 Aug 24
8-K
Other Events
6 Aug 24
S-3ASR
Automatic shelf registration
5 Aug 24
10-Q
2024 Q2
Quarterly report
31 Jul 24
8-K
WEC Energy Group reports second-quarter results
31 Jul 24
8-K/A
Submission of Matters to a Vote of Security Holders
8 Jul 24
Transcripts
WEC
Earnings call transcript
2024 Q2
31 Jul 24
WEC
Earnings call transcript
2024 Q1
1 May 24
WEC
Earnings call transcript
2023 Q4
1 Feb 24
WEC
Earnings call transcript
2023 Q3
31 Oct 23
WEC
Earnings call transcript
2023 Q2
1 Aug 23
WEC
Earnings call transcript
2023 Q2
1 Aug 23
WEC
Earnings call transcript
2023 Q1
1 May 23
WEC
Earnings call transcript
2022 Q4
2 Feb 23
WEC
Earnings call transcript
2022 Q3
1 Nov 22
WEC
Earnings call transcript
2022 Q2
3 Aug 22
Latest ownership filings
SC 13G/A
STATE STREET CORP
16 Oct 24
4
Thomas K Lane
10 Oct 24
4
MARY ELLEN STANEK
10 Oct 24
4
Danny L Cunningham
10 Oct 24
4
Mary Beth Straka
3 Sep 24
144
Notice of proposed sale of securities
30 Aug 24
4
William J Guc
29 Aug 24
144
Notice of proposed sale of securities
28 Aug 24
4
ULICE PAYNE JR
12 Aug 24
144
Notice of proposed sale of securities
8 Aug 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Institutional ownership, Q2 2024
77.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1051 |
Opened positions | 140 |
Closed positions | 80 |
Increased positions | 400 |
Reduced positions | 315 |
13F shares | Current |
---|---|
Total value | 18.56 tn |
Total shares | 244.03 mm |
Total puts | 941.50 k |
Total calls | 236.20 k |
Total put/call ratio | 4.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 39.73 mm | $3.12 tn |
BLK BlackRock | 29.19 mm | $2.29 tn |
STT State Street | 21.57 mm | $1.69 tn |
Geode Capital Management | 7.85 mm | $614.14 bn |
WFC Wells Fargo & Company | 7.80 mm | $612.31 bn |
BAC Bank of America | 6.98 mm | $547.59 bn |
Deutsche Bank AG - Registered Shares | 5.49 mm | $431.12 bn |
AMP Ameriprise Financial | 4.24 mm | $332.49 bn |
JPM JPMorgan Chase & Co. | 4.11 mm | $322.25 bn |
NTRS Northern Trust | 3.76 mm | $295.23 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Oct 24 | Mary Ellen Stanek | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 94.635 | 317.008 | 30.00 k | 45,479.028 |
8 Oct 24 | Danny L Cunningham | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 94.635 | 369.842 | 35.00 k | 16,462.387 |
8 Oct 24 | Thomas K Lane | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 94.635 | 396.259 | 37.50 k | 11,188.439 |
30 Aug 24 | Mary Beth Straka | Common Stock | Sell | Dispose S | No | No | 93.0356 | 3,240 | 301.44 k | 3,662.058 |
30 Aug 24 | Mary Beth Straka | Common Stock | Option exercise | Acquire M | No | No | 58.305 | 3,240 | 188.91 k | 6,902.058 |
30 Aug 24 | Mary Beth Straka | Stock Option Common Stock | Option exercise | Dispose M | No | No | 58.305 | 3,240 | 188.91 k | 0 |
28 Aug 24 | Guc William J | Common Stock | Sell | Dispose S | No | No | 92.9863 | 6,000 | 557.92 k | 7,702.091 |
28 Aug 24 | Guc William J | Common Stock | Option exercise | Acquire M | No | No | 58.305 | 6,000 | 349.83 k | 13,702.091 |
28 Aug 24 | Guc William J | Stock Option Common Stock | Option exercise | Dispose M | No | No | 58.305 | 6,000 | 349.83 k | 0 |
News
Keybanc Maintains Overweight on WEC Energy Group, Raises Price Target to $108
22 Oct 24
Wells Fargo Maintains Overweight on WEC Energy Group, Raises Price Target to $106
16 Oct 24
Hurricane Milton Descends On Florida: Analysts Warn Of Impact On Disney, NextEra's Florida Power & Light, Regional Banks
9 Oct 24
Barclays Maintains Underweight on WEC Energy Group, Raises Price Target to $89
8 Oct 24
Unveiling 14 Analyst Insights On WEC Energy Group
7 Oct 24
Press releases
Warner Baxter, John Lange elected to WEC Energy Group board of directors
17 Oct 24
Wisconsin Electric declares quarterly dividends
17 Oct 24
WEC Energy Group declares quarterly dividend
17 Oct 24
WPS honored as one of Midwest's leading energy companies by J.D. Power
14 Aug 24
WEC Energy Group's Corporate Responsibility Report highlights sustainable progress for an enduring enterprise
12 Aug 24