Southeast Georgia power grid projects helping fuel data center development
Southeast Georgia is rapidly expanding its power grid to support a booming data center industry, including a massive OpenAI data center in Effingham County. This expansion involves significant upgrades to natural gas plants, such as the McIntosh Combined Cycle Facility, and the addition of new transmission lines, raising environmental and financial concerns among residents and environmental groups. Experts also question the adequacy of current regulations and the long-term viability of relying on these energy-intensive projects without robust regulatory frameworks.
We Energies plans to buy power from Point Beach Nuclear Plant into the 2050s
We Energies plans to purchase 86% of the energy from the Point Beach Nuclear Plant through 2053, a move that aims to meet increasing energy demands from data centers. While the utility claims this new agreement will lead to customer savings and long-term price certainty, ratepayer advocates are demanding to see the financial details, citing concerns about the rising costs associated with the current agreement. The deal needs approval from the Public Service Commission of Wisconsin.
WEC Energy Group stock holds near $109 as nuclear deal and institutional buying shape the outlook
WEC Energy Group stock is trading near $109, supported by a new 20-year nuclear power agreement and significant institutional buying. The company maintains a steady dividend profile with a quarterly payout of $0.9525 per share, offering a mid-3% yield. Analysts see modest upside, with an AI-derived price target of $112.67, positioning WEC as a conservative holding focused on income and incremental capital appreciation.
We Energies signs 20-year Point Beach nuclear power deal
We Energies has signed a new 20-year agreement to purchase electricity from the Point Beach nuclear plant, aiming to resolve long-standing concerns about high costs. The deal, which still requires approval from Wisconsin’s Public Service Commission, is expected to provide fuel savings for customers compared to the current contract. This move comes as Wisconsin faces a projected 40% rise in peak electricity demand over the next five years, driven largely by new data centers.
Madison Asset Management LLC Takes Position in Expeditors International of Washington, Inc. $EXPD
Madison Asset Management LLC has acquired a new position in Expeditors International of Washington, Inc. (NASDAQ:EXPD), purchasing 448,305 shares valued at approximately $73.07 million. Other institutional investors like BlackRock Inc., State Street Corp, and UBS AM also significantly adjusted their holdings in the transportation company. Expeditors International of Washington reported strong quarterly earnings, beating consensus estimates, and analysts have issued varied ratings with a consensus "Hold" and a price target of $168.78.
We Energies strikes deal extending nuclear power purchases to 2053
We Energies has reached an agreement with NextEra Energy to continue purchasing power from the Point Beach Nuclear Plant until at least 2053. This deal needs approval from the Public Service Commission of Wisconsin. The agreement extends the commitment for nuclear power for decades.
We Energies extends nuclear power purchase agreement through 2053
We Energies has extended its power purchase agreement for the Point Beach Nuclear Plant by 20 years, now running through 2053. The Milwaukee-based utility announced this decision, which aims to ensure continued power stability, but a ratepayers advocate has expressed concerns. The agreement was detailed in an August 18th filing with the U.S. Securities and Exchange Commission.
WEC Energy Group stock holds in the low $110s as guidance and nuclear PPA support outlook
WEC Energy Group (WEC) stock is trading in the low $110s, supported by current-year EPS guidance in the mid-$5 range and a new 20-year nuclear power purchase agreement. This agreement for output from the Point Beach nuclear plant enhances long-term earnings visibility and supports reliability and decarbonization goals. Institutional interest and a moderate buy rating with a consensus target in the low $120s further reinforce the stock's position as a core holding for income-focused investors.
JPMorgan Adjusts Price Target on WEC Energy to $121 From $124, Maintains Neutral Rating
JPMorgan has lowered its price target for WEC Energy Group (WEC) to $121 from $124, while keeping a Neutral rating on the stock. This adjustment comes alongside other analyst actions, with Ladenburg Thalmann also recently adjusting its price target for WEC Energy. The article also mentions recent company news, including a 20-year power purchase agreement and changes in executive appointments.
WEC Energy Group Inc. stock underperforms Wednesday when compared to competitors
WEC Energy Group Inc. stock (WEC) fell by 1.54% on Wednesday, closing at $109.34, despite a generally positive day for the broader stock market, with both the S&P 500 and Dow Jones Industrial Average seeing gains. The company's shares are now 8.81% below their 52-week high of $119.91, which was reached on July 7th. This performance indicates that WEC Energy Group Inc. underperformed its competitors during the trading session.
We Energies breaks ground on a 110 MW wind farm as it expands renewable generation in Wisconsin
We Energies, the trade name for Wisconsin Electric Power Company and Wisconsin Gas LLC, has broken ground on three new energy projects in Wisconsin, including a 110 MW wind farm. These projects aim to expand renewable generation, provide reliable energy to customers, and support the grid during peak demand. The initiatives are part of We Energies' "all of the above" power generation approach, combining various energy sources to strengthen reliability and meet growing electricity demand.
WEC Energy Group stock steadies as dividend and analyst targets support utilities valuation
WEC Energy Group (WEC) stock is trading near recent highs, supported by a steady dividend yield of 3.41% and positive analyst price targets averaging around $121.91 to $122.50, implying a potential upside of 10-11% before dividends. The company, a regulated multi-utility, offers stable cash flows and predictable earnings, making it an attractive option for income-focused and defensive investors. Institutional interest remains strong, with recent investments and "moderate buy" ratings reinforcing its position as a stable holding.
Wisconsin Electric (NYSE: WELPM) lines up long-term nuclear power in new deal
Wisconsin Electric Power Company (WELPM) has entered into a 20-year Power Purchase Agreement with Nextera Energy Point Beach LLC to acquire 86% of the output from Units 1 and 2 of the Point Beach Nuclear Power Plant. This agreement, running from 2030 to 2053, is subject to approval by the Public Service Commission of Wisconsin. If approved, the company anticipates that the new PPA will lead to cost savings for customers compared to the existing agreement.
Michigan Regulators Ask Lawmakers To End Annual Rate Hikes & Change How Consumers Energy & DTE Make Money
Michigan's utility regulator, the MPSC, has asked state lawmakers to implement legislative changes that would end annual rate increases and alter how utilities like Consumers Energy and DTE profit. These recommendations aim to prioritize consumer affordability and grid reliability by shifting utilities away from capital project-driven profits and towards more cost-effective solutions and performance-based incentives. The proposals include requiring multiyear rate plans, cutting bonuses for power purchases, mandating cheaper financing for closed plants, and strengthening rules for data centers and virtual power plants.
Oracle drops lawsuit challenging Wisconsin data center credit rules
Oracle has voluntarily dropped its lawsuit against Wisconsin's utility regulator, challenging new credit rating requirements for data center developers. The lawsuit's dismissal leaves the credit rating rules, designed to protect ratepayers from potential financial fallout if a data center developer fails, unchallenged. Oracle had previously argued these stringent requirements could deter companies from establishing operations in Wisconsin.
Oracle drops lawsuit challenging Wisconsin data center credit rules
Oracle has voluntarily dropped its lawsuit against Wisconsin's utility regulator regarding new credit rating requirements for data center developers. These rules, intended to protect We Energies customers from financial risks if a data center developer fails, now stand unchallenged. While Oracle's share price has rebounded, its credit rating remains below the threshold required to avoid posting significant collateral for its Port Washington data center.
9 New 4-Star Stocks This Week
This article identifies nine US-listed stocks that recently received a 4-star Morningstar Rating, indicating they are undervalued. Key stocks highlighted include MercadoLibre, Merck, JD.com, WEC Energy Group, and Baidu. The Morningstar Rating system assesses a stock's price, fair value estimate, and Uncertainty Rating to help investors find undervalued opportunities.
S&CO Inc. Takes $4.75 Million Position in WEC Energy Group, Inc. $WEC
S&CO Inc. has acquired a new position in WEC Energy Group (NYSE:WEC) during the second quarter, purchasing 40,672 shares valued at approximately $4.75 million. Other institutional investors also adjusted their holdings, with a significant 77.20% of the stock owned by institutional investors. Analysts currently have a "Moderate Buy" consensus rating for WEC Energy Group, with an average price target of $121.91, following recent earnings that surpassed estimates.
GSA Capital Partners LLP Invests $2.78 Million in WEC Energy Group, Inc. $WEC
GSA Capital Partners LLP has initiated a new position in WEC Energy Group, Inc. (NYSE:WEC) during the second quarter, purchasing 23,837 shares valued at approximately $2.78 million. Other institutional investors have also adjusted their holdings in WEC. The article also details recent insider selling by Director Ulice Payne, Jr. and EVP Daniel Krueger, as well as the company's financial performance, dividend announcement, and recent analyst ratings, which show a "Moderate Buy" consensus.
Clearstead Trust LLC Invests $2.17 Million in WEC Energy Group, Inc. $WEC
Clearstead Trust LLC has acquired a new stake of 18,600 shares in WEC Energy Group, Inc., valued at approximately $2.17 million. Other institutional investors have also adjusted their holdings, with institutional ownership reaching 77.2%. Despite some analysts lowering price targets, WEC maintains a "Moderate Buy" consensus rating and recently reported strong quarterly earnings and a quarterly dividend.
WEC Energy Group Inc. stock outperforms competitors on strong trading day
WEC Energy Group Inc. (WEC) stock rose 1.09% to $110.52 on Friday, marking its fourth consecutive day of gains. This performance occurred on a generally down trading day for the broader market, with the S&P 500 Index (SPX) falling 0.17% and the Dow Jones Industrial Average (DJIA) falling 0.20%.
What CMS Energy (CMS)'s Pipeline Upgrades and Preferred Dividend Plan Mean For Shareholders
CMS Energy's Consumers Energy unit is upgrading its natural gas pipeline system in Michigan, replacing 149 miles of aging infrastructure, and its board approved a preferred dividend of US$0.2625 per Series C depositary share. This highlights the company's commitment to both operational safety and consistent returns for investors. The continued large-scale capital investment underscores CMS Energy's long-term growth strategy but also presents risks related to regulatory support and financing.
WEC Energy Group Inc. stock outperforms competitors on strong trading day
WEC Energy Group Inc. (WEC) stock increased by 1.07% to $110.28 on Thursday, outperforming the broader market. This rise marked the third consecutive day of gains for the company's shares. The S&P 500 Index and the Dow Jones Industrial Average also saw gains on the same trading day.
Michigan regulators ask lawmakers to end annual rate hikes, change how DTE, Consumers make money
Michigan's utility regulator, the Michigan Public Service Commission (MPSC), is urging state lawmakers to end annual rate increases and revise how utilities like DTE and Consumers Energy profit. The MPSC believes this change, allowing for multi-year rate plans tied to performance, would be more effective in lowering household energy bills and improving reliability than current commission powers. This comes after four rate hikes in eight months, highlighting concerns that the current system incentivizes expensive capital projects over cheaper alternatives like maintenance and existing infrastructure optimization.
The Bull Case For DTE Energy (DTE) Could Change Following AI Data Center Contract Legal Challenge
Michigan's Attorney General and environmental groups have challenged the approval of DTE Energy's contracts to power an AI data center, citing concerns over public scrutiny and potential ratepayer burden. This legal dispute highlights the tension between growing AI data center demand and regulatory oversight, potentially impacting DTE's growth and financial future. The company's ability to recover costs for these large-scale projects will be crucial for its risk and return profile.
Y Intercept Hong Kong Ltd Invests $3.77 Million in WEC Energy Group, Inc. $WEC
Y Intercept Hong Kong Ltd has acquired a new position in WEC Energy Group, Inc. worth approximately $3.77 million. The utility company reported strong Q2 earnings, beating analyst estimates, and declared a quarterly dividend of $0.9525 per share. Analysts currently maintain a "Moderate Buy" rating for WEC, with institutional investors owning 77.2% of the stock.
Wealth Enhancement Advisory Services LLC Cuts Holdings in WEC Energy Group, Inc. $WEC
Wealth Enhancement Advisory Services LLC reduced its stake in WEC Energy Group by 11.5% in the second quarter, selling over 20,000 shares but retaining a significant holding valued at $17.8 million. Despite this, institutional investors collectively own 77.2% of the company. WEC Energy Group reported strong quarterly earnings, beating EPS estimates and reaffirming its fiscal 2026 guidance, alongside declaring a quarterly dividend of $0.9525 per share.
DAVENPORT & Co LLC Raises Stock Position in WEC Energy Group, Inc. $WEC
DAVENPORT & Co LLC increased its stake in WEC Energy Group, Inc. by 15.3% in the second quarter, bringing its total holdings to 96,430 shares valued at $11.26 million. WEC Energy Group reported strong Q2 earnings, beating estimates with $0.91 EPS and revenue growth of 2.6%, and declared a quarterly dividend of $0.9525 per share. Analysts currently rate WEC a "Moderate Buy" with an average price target of $122.41.
WEC Energy Group director Ulice Payne Jr. sells $103,468 in stock
Ulice Payne Jr., a director at WEC Energy Group (NASDAQ:WEC), sold 980 shares of the company's common stock for $103,468 on August 11, 2026, at a price of $105.58 per share. This transaction occurred amidst the stock trading near its 52-week low, with InvestingPro suggesting it might be overvalued. The sale follows recent company news including Q2 2026 earnings that beat profit forecasts but missed on revenue, a stock rating downgrade, and a new appointment for vice president and controller.
WEC Energy Group director Ulice Payne Jr. sells $103,468 in stock
WEC Energy Group director Ulice Payne Jr. sold 980 shares of the company's common stock for $103,468 on August 11, 2026, at a price of $105.58 per share. Following the transaction, he directly holds 19,588.256 shares. The company, which has raised its dividend for 22 consecutive years, currently offers a 3.49% dividend yield, though InvestingPro suggests the stock may be overvalued.
WEC Energy Group (NYSE:WEC) Director Sells 980 Shares of Stock
WEC Energy Group Director Ulice Payne Jr. sold 980 shares of company stock for a total of $103,468.40, reducing his stake by 4.76% to 19,588 shares. The company recently reported strong quarterly earnings, beating analyst estimates, and reaffirmed its fiscal 2026 EPS guidance. WEC Energy Group also declared a quarterly dividend of $0.9525 per share, maintaining a "Moderate Buy" consensus rating among analysts.
Public Service Enterprise Group (NYSE:PEG) SVP Sells 8,000 Shares of Stock
Public Service Enterprise Group (NYSE:PEG) SVP Richard Thigpen sold 8,000 shares of the company's stock for approximately $596,480, reducing his total holdings by 27.61%. The company recently reported strong quarterly earnings, beating analyst estimates, and maintained its full-year 2026 EPS guidance. Public Service Enterprise Group also announced a quarterly dividend of $0.67 per share and holds a consensus "Hold" rating from analysts.
WEC Energy Group director Ulice Payne Jr. sells $103,468 in stock
WEC Energy Group director Ulice Payne Jr. sold 980 shares of the company's common stock for $103,468, at a price of $105.58 per share. Following the transaction, he directly holds 19,588.256 shares. The company recently reported mixed Q2 2026 earnings, a stock downgrade, and a new vice president and controller appointment.
WEC Energy Group (NYSE: WEC) director sells 980 shares in August trade
WEC Energy Group director Ulice Jr Payne sold 980 shares of common stock on August 11, 2026, at a price of $105.58 per share, totaling approximately $103,000. Following this transaction, Payne directly holds 19,588.256 shares, which include shares acquired through dividend reinvestment. The sale was reported in a Form 4 SEC filing, indicating a moderate negative impact sentiment.
WEC Energy Group Inc. stock outperforms competitors on strong trading day
WEC Energy Group Inc. (WEC) saw its stock rally by 2.28% to $109.11 on Wednesday, outperforming the mixed market performance where the S&P 500 rose and the Dow Jones Industrial Average slightly fell. This marks the second consecutive day of gains for the company's stock. The article highlights WEC's strong performance relative to its competitors and the broader market indices.
Did Strong Q2 Results and Reaffirmed 2026 Guidance Just Shift WEC Energy Group's (WEC) Investment Narrative?
WEC Energy Group reported strong Q2 2026 results with increased sales and net income, alongside
Did Strong Q2 Results and Reaffirmed 2026 Guidance Just Shift WEC Energy Group's (WEC) Investment Narrative?
WEC Energy Group reported strong Q2 2026 results with increased sales and net income, alongside reaffirming its full-year 2026 earnings guidance of US$5.51–US$5.61 per share. This performance supports confidence in its multi-year US$28 billion capital investment plan, which includes significant infrastructure and energy transition projects. The company's ability to manage funding needs and regulatory cost recovery will be crucial for its future outlook, with analysts estimating a fair value of $124.19, suggesting a 16% upside.
CFO Dividend: 1.19% Yield, $0.99/Share — History & Dates
This article details the dividend information for the VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO). It highlights the current dividend yield of 1.19% ($0.99 per share annually), a payout ratio of 0.41, and a 5-year dividend growth rate of 10.41%. The ETF has been consistently paying dividends since 2014, and the article provides a comprehensive historical record of its dividend payments and ex-dividend dates.
WEC Energy Group (WEC) insider plans sale of 980 shares valued at $103K
An affiliated holder of WEC Energy Group (WEC) plans to sell 980 shares of common stock, valued at approximately $103,361.02, through UBS Financial Services Inc. on August 11, 2026. These shares are related to prior director compensation awards granted between 2018 and 2026. The Form 144 filing indicates a neutral impact and sentiment regarding the planned transaction.
WEC Energy Group Currently Down 12 Consecutive Days -- Data Talk
WEC Energy Group (WEC) is experiencing its longest losing streak on record, down for 12 consecutive days, totaling an 8.64% decrease. The stock is currently trading at $105.77, marking its lowest close since January 12, 2026, and is down 11.01% from its all-time high in June 2026.
WEC Energy Group appoints Caroline Garcia as vice president and controller
WEC Energy Group has announced the appointment of Caroline Garcia as vice president and controller, effective August 31, 2026. Garcia, a certified public accountant with extensive experience at KPMG LLP and TXNM Energy, will receive an annual base salary of $335,000 and will succeed William J. Guc, who is retiring. This leadership change comes as WEC shares trade near their 52-week low, despite a recent earnings beat for Q2 2026.
Form 8K WEC Energy Group Inc For: 11 August By Investing.com
This article reports that WEC Energy Group Inc filed a Form 8K on August 11. The article itself is very short, primarily serving as a link to the SEC filing, and is surrounded by various financial market data and unrelated news headlines from Investing.com.
WEC Energy Group appoints Caroline Garcia as vice president and controller
WEC Energy Group has appointed Caroline Garcia as its new vice president and controller, effective August 31, 2026. Garcia, previously director of audit services at TXNM Energy and an audit partner at KPMG, will succeed William J. Guc, who is retiring in early 2027
WEC Energy Group appoints Caroline Garcia as vice president and controller
WEC Energy Group has announced the appointment of Caroline Garcia as its new vice president and controller, effective August 31, 2026. Garcia, a certified public accountant with extensive experience in the energy sector, will succeed William J. Guc, who is set to retire in early 2027. The utility company's shares are currently trading near a 52-week low, and an InvestingPro analysis suggests the stock is overvalued.
WEC Energy Group (NYSE: WEC) hires Caroline Garcia as new Vice President and Controller
WEC Energy Group (NYSE: WEC) has appointed Caroline Garcia, age 50, as its new Vice President and Controller, effective August 31, 2026. She brings extensive experience from TXNM Energy and KPMG LLP, specializing in the energy sector. Garcia's compensation includes an annual base salary of $335,000, with short-term and long-term incentive targets, and she will succeed William J. Guc, who will transition to a special advisor role before retiring in early 2027.
WEC Energy Group appoints Caroline Garcia as Vice President and Controller; William J. Guc to special advisor
WEC Energy Group has appointed Caroline Garcia as Vice President and Controller, effective August 31, 2026. William J. Guc, the outgoing controller, will transition to a special advisor role, with plans for retirement in early 2027. Garcia previously served as Director of Audit Services at TXNM Energy and was a former KPMG audit partner.
Wec Energy Group, Inc. Announces Appointment of Caroline Garcia as Controller, Effective August 31, 2026
WEC Energy Group, Inc. has announced the appointment of Caroline Garcia, 50, as Controller, effective August 31, 2026. Ms. Garcia previously served as Director of Audit Services at TXNM Energy and was an Audit Partner at KPMG LLP for nearly 25 years. She will succeed William J. Guc, who is retiring in early 2027 and will transition to a special advisor role.
Assenagon Asset Management S.A. Purchases 114,992 Shares of WEC Energy Group, Inc. $WEC
Assenagon Asset Management S.A. significantly increased its stake in WEC Energy Group (NYSE:WEC) by 1,902.9% in the second quarter, purchasing an additional 114,992 shares to bring its total holdings to 121,035 shares valued at $14.1 million. The company reported strong Q2 earnings, exceeding consensus estimates with $0.91 EPS and a 2.6% year-over-year revenue increase, and declared a quarterly dividend of $0.9525 per share. Analysts currently hold a "Moderate Buy" consensus rating for WEC Energy Group with an average price target of $122.41.
Mount Pleasant data center contract retains power plant provision struck down by Wisconsin regulators
A contract between We Energies and Microsoft for a Mount Pleasant data center controversially includes a provision requiring power plants to be in eastern Wisconsin or Michigan's Upper Peninsula, despite the Wisconsin Public Service Commission (PSC) striking down this geographic constraint. While We Energies states it will abide by the PSC's order, the persistence of the outdated clause in the signed agreement has raised concerns among observers and ratepayer advocates. Microsoft has declined to comment, and the utility is working with the PSC to resolve the contractual discrepancy.
WEC Energy Group Inc. stock outperforms competitors despite losses on the day
WEC Energy Group Inc. (WEC) stock declined by 1.40% to $106.12, marking its eleventh consecutive day of losses, despite outperforming the broader market indices like the S&P 500 and Dow Jones Industrial Average, which also saw slight declines. The stock's performance occurred during an overall negative trading session.
