Type
|
Public |
---|---|
Traded as | NYSE: WEC S&P 500 Component |
Industry | Diversified utilities |
Founded | 1896 |
Headquarters | Milwaukee, Wisconsin United States |
Key people
|
Allen L. Leverett, President and CEO |
Revenue | $5.92 billion USD (2015) |
Number of employees
|
8,440 (2015) |
Website | www |
WEC Energy Group Inc., based in Milwaukee, Wisconsin, provides electricity and natural gas to 4.4 million customers across four states through its brands – We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities and Minnesota Energy Resources.
WEC Energy Group's headquarters is located at 231 W. Michigan Street in Milwaukee.
On 29 July 2015, the company completed its acquisition of Integrys Energy Group in a deal worth $9.1 billion.
On May 3, 1995, Wisconsin Energy Corporation and Northern States Power Company (NYSE: NSP) each filed a Securities and Exchange Commission Form 8-K to combine in a merger-of-equals transaction to form Primergy Corporation. It would have been the 10th largest investor-owned electric and gas utility company in the United States, based on market capitalization at that time of about US$6.0 billion. NSP would have been the nominal survivor, and the merged company would be headquartered in Minneapolis (headquarters of the old NSP), but the merged company would have been registered in Wisconsin.
On May 16, 1997, both CEOs announced that the boards of directors of both companies had terminated the merger plan because of approval delays by the U.S. Department of Justice, the SEC, and state regulators in Minnesota and Wisconsin. They also stated that regulatory agencies were changing their merger policies as they were considering the companies' filing and that further delay would reduce the benefits of the Primergy transaction.
The delay already had put the merger five months behind schedule and had reduced earnings for both utilities by a total of US$58 million to that point. In addition, Wisconsin Energy's stock had fallen about 13% since early 1995 when the deal had been announced, while NSP's stock had risen by 6%. The case was considered to be a bellwether in the utilities industry, putting an end to the rapid pace of mergers and acquisitions that had been ongoing up to then.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-11-01 | Future report Set alerts | |
Q2 2022 | 2022-08-02 | 0.91 | 0.91 |
Q1 2022 | 2022-05-02 | 1.79 | 1.79 |
Q4 2021 | 2022-02-03 | 0.71 | 0.71 |
Q3 2021 | 2021-11-02 | 0.92 | 0.92 |
Q2 2021 | 2021-08-03 | 0.87 | 0.87 |
Q1 2021 | 2021-05-03 | 1.61 | 1.61 |
Q4 2020 | 2021-02-04 | 0.76 | 0.76 |
Q3 2020 | 2020-11-03 | 0.84 | 0.84 |
Q2 2020 | 2020-08-04 | 0.76 | 0.76 |
2016-04-19 | Reiterated Rating | Deutsche Bank | Hold | $61.00 |
2016-04-19 | Reiterated Rating | Deutsche Bank AG | Hold | $61.00 |
2016-03-10 | Downgrade | US Capital Advisors | Overweight to Hold | |
2016-03-03 | Reiterated Rating | Robert W. Baird | Outperform | $60.00 |
2016-03-01 | Boost Price Target | Argus | Buy | $58.00 to $62.00 |
2016-02-08 | Boost Price Target | Mizuho | Buy | $54.00 to $63.00 |
2016-02-05 | Boost Price Target | BMO Capital Markets | Market Perform | $51.00 to $57.00 |
2016-02-05 | Boost Price Target | Barclays | Equal Weight | $57.00 to $61.00 |
2016-02-05 | Downgrade | Deutsche Bank | Buy to Hold | $56.00 to $57.00 |
2016-02-05 | Boost Price Target | Barclays PLC | Equal Weight | $57.00 to $61.00 |
2016-01-27 | Downgrade | Goldman Sachs | Buy to Neutral | $54.00 to $56.00 |
2016-01-27 | Downgrade | Goldman Sachs Group Inc. | Buy to Neutral | $54.00 to $56.00 |
2016-01-19 | Boost Price Target | Argus | Buy | $52.00 to $58.00 |
2016-01-04 | Boost Price Target | Barclays | Equal Weight | $54.00 to $57.00 |
2015-12-14 | Upgrade | Deutsche Bank | Hold to Buy | $52.00 to $56.00 |
2015-11-26 | Downgrade | Wells Fargo | Outperform to Market Perform | $39.00 to $38.00 |
2015-11-26 | Downgrade | Wells Fargo & Co. | Outperform to Market Perform | $39.00 to $38.00 |
2015-11-05 | Reiterated Rating | Deutsche Bank | Hold | |
2015-10-21 | Boost Price Target | Barclays | Equal Weight | $47.00 to $54.00 |
2015-09-18 | Boost Price Target | Mizuho | Buy | $50.00 to $54.00 |
2015-09-14 | Upgrade | Argus | Hold to Buy | $52.00 |
2015-09-08 | Upgrade | Wells Fargo & Co. | Market Perform to Outperform | |
2015-09-08 | Upgrade | Wells Fargo | Market Perform to Outperform | |
2015-09-01 | Reiterated Rating | Goldman Sachs | Buy | |
2015-08-31 | Upgrade | Goldman Sachs | Buy to Conviction Buy List | $52.00 |
2015-07-30 | Reiterated Rating | Deutsche Bank | Hold | $52.00 to $51.00 |
2015-07-30 | Upgrade | Wolfe Research | Peer Perform to Outperform | |
2015-07-28 | Upgrade | Goldman Sachs | Neutral to Buy | $51.00 |
2015-07-16 | Upgrade | Robert W. Baird | Neutral to Outperform | $50.00 to $54.00 |
2015-06-30 | Initiated Coverage | Barclays | Equal Weight | $49.00 |
2015-06-29 | Initiated Coverage | Mizuho | Buy | $50.00 |
2015-06-18 | Upgrade | Gabelli | Hold to Buy | |
2015-06-15 | Boost Price Target | Deutsche Bank | Hold | $49.00 to $51.00 |
2015-06-02 | Initiated Coverage | Evercore ISI | Hold | |
2015-05-08 | Upgrade | Evercore Partners Inc. | Sell to Hold | $49.00 |
2015-05-08 | Upgrade | Evercore ISI | Sell to Hold | $49.00 |
2015-05-06 | Reiterated Rating | Deutsche Bank | Hold | $49.00 |
2015-02-12 | Reiterated Rating | Deutsche Bank | Hold | $49.00 |
2014-12-17 | Boost Price Target | Deutsche Bank | Hold | $48.00 to $49.00 |
2014-11-06 | Downgrade | Wells Fargo & Co. | Outperform to Market Perform | |
2014-11-06 | Downgrade | Wells Fargo | Outperform to Market Perform | |
2014-11-05 | Downgrade | Evercore ISI | Sell | |
2014-10-31 | Reiterated Rating | Deutsche Bank | Hold | $48.00 to $47.00 |
2014-10-30 | Reiterated Rating | Wunderlich | Hold | $47.00 to $51.00 |
2014-07-21 | Reiterated Rating | CRT Capital | Fairly Valued | $44.00 to $46.00 |
2014-06-25 | Boost Price Target | Robert W. Baird | Neutral | $47.00 to $50.00 |
2014-06-24 | Upgrade | Evercore ISI | Cautious to Neutral | $45.00 to $45.50 |
2014-06-24 | Lower Price Target | CRT Capital | Fair Value | $48.00 to $44.00 |
2014-06-24 | Upgrade | Wells Fargo & Co. | Market Perform to Outperform | |
2014-06-24 | Upgrade | Wells Fargo | Market Perform to Outperform | |
2014-06-23 | Upgrade | Edward Jones | Sell to Hold | |
2014-06-03 | Lower Price Target | Wunderlich | Hold | $50.00 to $47.00 |
2014-06-03 | Lower Price Target | Barclays | $48.00 to $46.00 | |
2014-05-12 | Upgrade | Ned Davis Research | Neutral to Buy | |
2014-05-02 | Downgrade | Evercore ISI | Buy to Neutral | |
2014-05-01 | Reiterated Rating | Wunderlich | Hold | $50.00 |
2014-04-23 | Reiterated Rating | Deutsche Bank | Hold | $47.00 |
2014-04-23 | Downgrade | Edward Jones | Hold to Sell | |
2014-04-22 | Downgrade | CRT Capital | Buy to Fair Value | $46.00 to $48.00 |
2014-02-10 | Reiterated Rating | Deutsche Bank | Hold | $44.00 to $43.00 |
2014-01-06 | Downgrade | Barclays | Overweight to Equal Weight | $46.00 to $42.00 |
2013-12-11 | Reiterated Rating | Deutsche Bank | Hold | $42.00 to $43.00 |
2013-11-05 | Initiated Coverage | CRT Capital | Buy | |
2013-10-31 | Boost Price Target | Barclays | Overweight | $44.00 to $47.00 |
2011-12-23 | Initiated | DA Davidson | Neutral | $36 |
2011-10-07 | Reiterated | Barclays Capital | Equal Weight | $34 to $36 |
2011-05-31 | Downgrade | Argus | Buy to Hold |
2016-04-19 | Reiterated Rating | Deutsche Bank | Hold | $61.00 |
2016-04-19 | Reiterated Rating | Deutsche Bank AG | Hold | $61.00 |
2016-03-10 | Downgrade | US Capital Advisors | Overweight to Hold | |
2016-03-03 | Reiterated Rating | Robert W. Baird | Outperform | $60.00 |
2016-03-01 | Boost Price Target | Argus | Buy | $58.00 to $62.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In WEC 638 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
Vanguard Group, Inc | 41.46M |
BlackRock Inc. | 29.31M |
STATE STREET CORP | 19.33M |
BlackRock Fund Advisors | 11.23M |
BlackRock Institutional Trust Company, N.A. | 8.76M |
WELLS FARGO & CO/MN | 7.36M |
GEODE CAPITAL MANAGEMENT, LLC | 6.62M |
Magellan Asset Management Ltd | 5.75M |
BANK OF AMERICA CORP /DE/ | 5.54M |
JPMORGAN CHASE & CO | 5.45M |
DEUTSCHE BANK AG\ | 5.35M |
PRICE T ROWE ASSOCIATES INC /MD/ | 5.23M |
NORTHERN TRUST CORP | 4.74M |
PICTET ASSET MANAGEMENT LTD | 4.46M |
AMERIPRISE FINANCIAL INC | 3.73M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
KLAPPA GALE E Chairman, President, and CEO | 0.09% (210410) | ASBC / BMI / JOY / WEC / |
DICKSON STEPHEN P Vice President and Controller | 0.03% (64238) | WEC / |
KUESTER FREDERICK D Executive Vice President | 0.02% (52311) | WEC / |
LEVERETT ALLEN L Executive Vice President | 0.02% (48491) | WEC / |
PAYNE ULICE JR | 0.01% (31337) | FL / MAN / WEC / |
CHADWICK PATRICIA WALSH | 0.01% (23608) | FUND / WEC / |
BOWLES BARBARA L | 0.01% (23138) | HSP / WEC / |
Keyes James Patrick Executive VP & CFO | 0.01% (18873) | WEC / |
Martin Susan H. Executive VP & General Counsel | 0.01% (16008) | WEC / |
Lauber Scott J Vice President and Treasurer | 0.01% (12185) | WEC / |