Fort Washington Investment Advisors 13F: New $48M Stake in WEC

Fort Washington Investment Advisors disclosed a new stake in WEC Energy Group, Inc. on October 15, 2026. The firm acquired 478,341 shares valued at about $48.2 million. This marks their first investment in the company, with no previous holdings reported.

What Changed in Fort Washington's WEC Position

Fort Washington Investment Advisors took a new position in WEC Energy Group, increasing its holdings to 478,341 shares. This acquisition represents a significant new investment for the firm, with no prior shares in the company.

Other Institutional Activity in WEC Energy Group

Several other funds continue to hold significant stakes in WEC Energy Group. Blackrock Inc. holds 33,321,277 shares, valued at approximately $3.6 billion, after adding 271,012 shares. Vanguard Capital Management LLC owns 21,255,153 shares worth about $2.3 billion, increasing its holdings by 107,851 shares. State Street Corporation reduced its position by 148,699 shares, ending with 21,094,044 shares valued at about $2.3 billion.

WEC Energy Group, Inc. Stock Up 2.0%

The stock recently traded around $108.18, which is about 2.7% above its 50-day moving average of $105.38. However, it currently sits about 9.8% below its 52-week high of $119.91. The shares have moved significantly since the last quarter, reflecting ongoing interest from institutional investors.

Recent Earnings

WEC Energy Group reported trailing twelve-month revenue of approximately $10.14 billion, with earnings per share (EPS) at $5.15. The next earnings report is expected on October 29, 2026, which may provide further insights into the company's financial performance.

Insider Buying and Selling at WEC Energy Group, Inc.

In recent insider trades, Gale E. Klappa, a Director, sold 3,180 shares on February 23, 2026, for a total value of $367,099 at a price of $115.44. Another Director, Ulice Payne Jr., sold 1,450 shares on February 24, 2026, for $166,166 at a price of $114.60. These transactions occurred before the latest filing and illustrate ongoing insider activity within the company.

Analysts Set New Price Targets

On October 13, 2026, Keybanc maintained an Overweight rating on WEC Energy Group, adjusting its price target to $111. This follows several previous ratings, including JP Morgan's Neutral rating with a target of $124 and BMO Capital's Market Perform rating with a target of $117.

About WEC Energy Group

WEC Energy Group, Inc., based in Milwaukee, WI, provides regulated natural gas and electricity, along with renewable energy services in the United States. The company's operations span across several segments, including Electric Transmission and Non-Utility Energy Infrastructure, making it a key player in the utilities sector.

Bottom Line

Fort Washington's new investment in WEC Energy Group reflects growing interest in the company as it continues to perform well in the utilities sector. Keep an eye on the upcoming earnings report on October 29, 2026, for further insights into the company's performance. Remember that this filing reflects positions as of the reporting period and may not represent the current holdings of the fund.