WEC Energy Group, Inc.·Utilities

As the war in Iran rages on, investors continue to look for safe havens beyond the oil and gas industry. Precious metals are typically a popular haven, but gold and silver are still in a drawdown following their unprecedented winter run-up.

March review of the RIG portfolio highlights 6 dividend raises and 2 cuts among 38 payers, with a forward yield of 6.3%. Key raises, include ENB (5.2%), WEC (6.7%), CVX (4.1%), HSY (6%), EQIX (10%), and SHEL (3.9%), with a Rose Recommendation given for owning each one. LYB and GBDC both cut dividends; LYB is recommended for exit due to poor earnings, while GBDC is held as a speculative buy.

Shares of WEC Energy Group, Inc. (NYSE: WEC - Get Free Report) have been assigned an average rating of "Moderate Buy" from the eighteen brokerages that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have assigned a buy rating and

Confluence Investment Management LLC lowered its position in WEC Energy Group, Inc. (NYSE: WEC) by 4.5% during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,327,420 shares of the utilities provider's stock after selling 63,236 shares during the quarter. WEC Energy Group comprises

California Public Employees Retirement System trimmed its position in shares of WEC Energy Group, Inc. (NYSE: WEC) by 19.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 960,632 shares of the utilities provider's stock after selling 234,870 shares during

Focus Partners Advisor Solutions LLC acquired a new stake in WEC Energy Group, Inc. (NYSE: WEC) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 5,430 shares of the utilities provider's stock, valued at approximately $614,000. Other large investors have also
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.
Utilities
Regulated Electric
7,000
1980-03-17
0.53