<div id="readability-page-1"><p>Czech National Bank boosted its holdings in  WEC Energy Group, Inc. (NYSE:WEC - Free Report) by 6.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,007 shares of the utilities provider's stock after buying an additional 5,041 shares during the quarter. Czech National Bank's holdings in WEC Energy Group were worth $8,128,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>WEC Energy Group</strong> alerts:</span></p></div><ul><li>3 Utility Stocks That Will Benefit from Less Regulation</li></ul><p>A number of other large investors have also added to or reduced their stakes in WEC. Nuveen LLC bought a new position in  WEC Energy Group in the 1st quarter valued at approximately $403,372,000.  GAMMA Investing LLC raised its holdings in  WEC Energy Group by 12,777.6% in the 1st quarter. GAMMA Investing LLC now owns 1,834,024 shares of the utilities provider's stock valued at $199,872,000 after buying an additional 1,819,782 shares during the last quarter.  Charles Schwab Investment Management Inc. raised its holdings in  WEC Energy Group by 34.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,213,304 shares of the utilities provider's stock worth $567,727,000 after purchasing an additional 1,349,522 shares during the last quarter.  JPMorgan Chase &amp; Co. raised its holdings in  WEC Energy Group by 16.6% during the 1st quarter. JPMorgan Chase &amp; Co. now owns 5,103,604 shares of the utilities provider's stock worth $556,191,000 after purchasing an additional 726,267 shares during the last quarter.  Finally, T. Rowe Price Investment Management Inc. raised its holdings in  WEC Energy Group by 1,529.3% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 709,209 shares of the utilities provider's stock worth $77,290,000 after purchasing an additional 665,681 shares during the last quarter. Institutional investors own  77.20% of the company's stock. </p><h2>Insider Buying and Selling</h2><p>In related news, Director Gale E. Klappa sold 5,960 shares of the firm's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $110.98, for a total value of $661,440.80. Following the completion of the sale, the director owned 274,969 shares of the company's stock, valued at $30,516,059.62. This trade represents a 2.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Molly A. Mulroy sold 4,030 shares of the stock in a transaction on Friday, August 1st. The stock was sold at an average price of $110.33, for a total value of $444,629.90. Following the completion of the transaction, the executive vice president owned 5,829 shares of the company's stock, valued at approximately $643,113.57. This trade represents a 40.88% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 68,448 shares of company stock valued at $7,581,132 over the last three months. Insiders own  0.50% of the company's stock. </p><h2>WEC Energy Group Stock Up 0.5%</h2><ul><li> 3 undervalued stocks: Is now the right time to buy?</li></ul><p>WEC stock opened at $109.19 on Thursday. The stock has a market cap of $35.14 billion, a price-to-earnings ratio of 20.92, a price-to-earnings-growth ratio of 2.99 and a beta of 0.44. The company's 50 day moving average is $108.25 and its 200 day moving average is $106.90. The company has a current ratio of 0.55, a quick ratio of 0.40 and a debt-to-equity ratio of 1.28. WEC Energy Group, Inc. has a 1-year low of $91.94 and a 1-year high of $111.90. </p><p>WEC Energy Group (NYSE:WEC - Get Free Report) last issued its earnings results on Wednesday, July 30th. The utilities provider reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.05. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $1.87 billion. WEC Energy Group had a return on equity of 12.90% and a net margin of 17.87%.WEC Energy Group's revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.67 earnings per share.  WEC Energy Group has set its FY 2025 guidance at 5.170-5.270 EPS. Sell-side analysts predict that  WEC Energy Group, Inc. will post 5.23 EPS for the current fiscal year. </p><h2>WEC Energy Group Cuts Dividend</h2><p>The firm also recently declared a quarterly dividend, which was paid on Monday, September 1st. Investors of record on Thursday, August 14th were paid a $0.8925 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $3.57 dividend on an annualized basis and a yield of 3.3%. WEC Energy Group's dividend payout ratio (DPR) is presently 68.39%. </p><h2>Analyst Ratings Changes</h2><p>Several research analysts have issued reports on the stock. Wall Street Zen lowered shares of WEC Energy Group from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a report on Saturday, July 12th. UBS Group  set a $107.00 price target on shares of WEC Energy Group and gave the stock a &#34;neutral&#34; rating in a report on Friday, July 11th. Finally, The Goldman Sachs Group lowered shares of WEC Energy Group from a &#34;neutral&#34; rating to a &#34;sell&#34; rating and lowered their price objective for the company from $106.00 to $100.00 in a research note on Wednesday, June 25th. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and one  has assigned  a Sell rating to the stock. According to data from MarketBeat.com, WEC Energy Group currently has a consensus rating of &#34;Hold&#34; and an average price target of $106.40.</p><p><b>Get Our Latest Stock Report on WEC</b></p><h2>WEC Energy Group Company Profile</h2> (Free Report)<p>WEC Energy Group, Inc, through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments.</p><h2>See Also</h2><ul><li>Five stocks we like better than WEC Energy Group</li><li>Best Stocks Under $10.00 </li><li>Biotech Breakouts: 3 Stocks With Massive Upside Potential</li><li>Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?</li><li>Powering Up: A Buy Rating Signals GE Vernova's AI Tailwinds</li><li>Asset Allocation Strategies in Volatile Markets</li><li>The Side of Rate Cuts Nobody Is Telling You About</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdFQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdFQw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in WEC Energy Group Right Now?</h2><p>Before you consider WEC Energy Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WEC Energy Group wasn't on the list.</p><p>While WEC Energy Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Czech National Bank increased its stake in WEC Energy Group, Inc. by 6.9% in Q2, acquiring an additional 5,041 shares, bringing its total to 78,007 shares valued at $8.13 million. Other institutional investors also raised their stakes significantly. In related news, insiders sold a total of 68,448 shares recently. WEC Energy Group reported a Q2 EPS of $0.76, exceeding estimates, with revenue of $2.01 billion, up 13.4% year-over-year. The company declared a quarterly dividend of $0.8925, paid on September 1.</p>

Czech National Bank Acquires 5,041 Shares of WEC Energy Group, Inc. $WEC