WEC at a glance
WEC Energy Group (WEC, SEC CIK 783325) filed its latest 10-K annual report on February 20, 2026, a 10-Q quarterly report on August 4, 2026, an 8-K current report on September 4, 2026 and Form 4 insider filings as recently as September 3, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), WEC Energy Group (WEC) reported revenue of $9.8 billion (up 14.0% from FY2024) and net income of $1.6 billion. Diluted EPS was $4.81.
- As of June 30, 2026, 54 institutional investment managers tracked by SignalX reported holding WEC Energy Group (WEC) shares worth $18.3 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by PAYNE ULICE JR on August 11, 2026 of 980 shares at $105.58 per share.
- In the last 90 days, WEC insiders reported 0 open-market purchases ($0) and 1 open-market sale ($103K) on Form 4, a net sale of $103K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $9.8B
- +14.0% vs prior year
- Insiders · 90 days
- 0 buys · 1 sell
- Net −$103K
- 13F holders
- 54 funds
- $18.3B · +4 vs prior quarter
- Latest 8-K
- Sep 4, 2026
- Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Management Discussion & Analysis
- Operating cash flow $3.38B in 2025, up $167.6M YoY from higher customer collections and weather-driven sales
- Capital expenditures $4.40B in 2025, increased $1.62B YoY mainly from Wisconsin segment's renewables and distribution projects
- Financing cash inflow $1.52B in 2025, up $1.06B YoY due to commercial paper borrowings and common stock issuances
- Dividend per share raised 6.7% to $0.9525 quarterly, or $3.81 annually starting 1Q 2026
- Future capital expenditure guidance totals $5.02B (2026), $6.95B (2027), and $6.97B (2028), focusing on renewables, LNG, and distribution upgrades
Business Overview
- Core business model: Regulated electric and natural gas utilities serving Midwest U.S. states focused on reliable energy delivery and infrastructure development
- Emphasis on managing financial risks from commodity costs, weather variability, and interest rate increases impacting working capital and earnings
- Regulatory decoupling mechanisms expanded to mitigate weather and pension/OPEB cost volatilities through 2026 at Wisconsin utilities
- Pension and OPEB trust assets valued at $3.57 billion with expected 2026 returns ~6.6%, supporting long-term financial stability of benefit plans
- Heightened risks from U.S. trade policy changes and inflation impacting supply chains, material costs, and timing of infrastructure projects
Risk Factors
- Regulatory risk: PSCW rate orders affect pension and OPEB cost recovery at Wisconsin utilities WEC, WPS, WG
- Macroeconomic risk: higher interest rates reduce reporting units' fair value affecting goodwill impairment tests sensitivity
- Operational risk: $667.5M unbilled utility revenues at Dec 31, 2025 reliant on estimates of usage, weather, and rates
- Competitive risk: low industry M&A activity reduces applicability of guideline merger/acquisition method in fair value assessments
- Financial risk: pension discount rate 0.5% increase lowers 2025 pension cost by $7.5M, impacting financial results
AI summary of the WEC 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Net income $299.2M, up $53.8M YoY from $245.4M; diluted EPS $0.91 vs $0.76
- Wisconsin strongest segment: net income $208.2M, up 14.1% YoY; non-utility infrastructure up $36.4M to $118.7M
- Illinois weakest segment: net income $19.5M, down 13.7% YoY from $22.6M
- Wisconsin utility margin $1,123.4M vs $1,067.0M; GAAP gross margin $470.1M vs $462.2M
- Capital plan $37.5B through 2030, including $33.4B regulated utility expenditures and $4.1B ATC investment
Risk Factors
- No risk-factors section provided; quarter-specific risk changes cannot be assessed
- Controller retirement: William J. Guc announced retirement in 2027
- Equity-plan risk: no share repurchases authorized; 424 shares surrendered for tax withholding at $115.95 per share
AI summary of the WEC 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 7.01: Regulation FD Disclosure
- Investor presentation supporting upcoming WEC meetings with investors
- Exhibit 99.1 contains management’s presentation slides and potentially material guidance or strategic updates
Item 1.01: Entry into a Material Definitive Agreement
- 20-year PPA secures 86% of capacity, energy, ancillary services, and environmental attributes from both Point Beach nuclear units
- Terms run October 6, 2030–October 5, 2050 for Unit 1 and March 9, 2033–March 8, 2053 for Unit 2
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Caroline Garcia appointed Vice President and Controller effective August 31, 2026
- Garcia brings energy, utility, and natural-resources audit expertise from TXNM Energy and KPMG
AI summaries of WEC 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for WEC
Don't miss the next WEC filing
- Alerts as it files. A push when WEC files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut WEC, by share count.
- Ask anything. An AI agent that reads every WEC filing and answers with sources.
WEC alerts on your phone. Follow it in the SignalX Android app.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Krueger Daniel | I | Aug 27, 2026 | 2,800 | $106.45 |
| PAYNE ULICE JR | Sell | Aug 11, 2026 | 980 | $105.58 |
| Cunningham Danny L | A | Jul 8, 2026 | 320.513 | $117.00 |
| Lane Thomas K | A | Jul 8, 2026 | 267.094 | $117.00 |
| STANEK MARY ELLEN | A | Jul 8, 2026 | 309.829 | $117.00 |
| Krueger Daniel | M | May 19, 2026 | 4,665 | $58.30 |
| Krueger Daniel | M | May 19, 2026 | 4,665 | - |
| Krueger Daniel | Sell | May 19, 2026 | 1,000 | $110.92 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $8.9B | $8.6B | $9.8B |
| Operating Income | - | $2.2B | $2.2B |
| Net Income | $1.3B | $1.5B | $1.6B |
| Op. Margin | - | 25.0% | 22.9% |
| Net Margin | 15.0% | 17.8% | 15.9% |
| Balance Sheet | |||
| Total Assets | $43.9B | $47.4B | $51.5B |
| Equity | $12.1B | $12.8B | $14.1B |
| ROE | 11.0% | 11.9% | 11.1% |
| Per Share | |||
| EPS | $4.22 | $4.83 | $4.81 |
| Cash Flow | |||
| Operating CF | $3.0B | $3.2B | $3.4B |
Source: XBRL data in WEC Energy Group (WEC)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate WEC share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 54 | $18.30B |
| Q1 2026 | 50 | $18.00B |
| Q4 2025 | 46 | $15.62B |
| Q3 2025 | 51 | $17.56B |
| Q2 2025 | 48 | $15.21B |
| Q1 2025 | 49 | $12.44B |
| Q4 2024 | 40 | $9.06B |
| Q3 2024 | 38 | $5.08B |
- Bank of America Corp+635.7K (+8%)
- Citigroup+379.4K (+32%)
- BlackRock+271.3K (+1%)
- Franklin Resources+236.9K (+5%)
- Millennium Management+179.5K (+133%)
- Morgan Stanley−451.1K (-10%)
- JPMorgan Chase & Co−365.3K (-7%)
- WESTWOOD HOLDINGS GROUP INC−226.7K (-31%)
- State Street Corp−148.8K (-1%)
- Goldman Sachs Group−105.6K (-6%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 376 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
WEC filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 4, 2026 | - | Analysis | - |
| 4 | Sep 3, 2026 | - | - | - |
| 8-K | Aug 18, 2026 | - | Analysis | - |
| 4 | Aug 12, 2026 | - | - | - |
| 8-K | Aug 11, 2026 | - | Analysis | - |
| 10-Q | Aug 4, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 3, 2026 | - | Analysis | - |
| 8-K | Jul 29, 2026 | - | Analysis | - |
| 4 | Jul 9, 2026 | - | - | - |
| 4 | Jul 9, 2026 | - | - | - |
| 4 | Jul 9, 2026 | - | - | - |
| 8-K | Jun 1, 2026 | - | Analysis | |
| 4 | May 20, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| 8-K | May 12, 2026 | - | Analysis | |
| 8-K | May 11, 2026 | - | Analysis | |
| 8-K | May 8, 2026 | - | Analysis | |
| 10-Q | May 7, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 5, 2026 | - | Analysis | - |
| SC 13G | Apr 30, 2026 | - | - | |
| SC 13G | Apr 29, 2026 | - | - | |
| 4 | Apr 8, 2026 | - | - | - |
| 4 | Apr 8, 2026 | - | - | - |
| 4 | Apr 8, 2026 | - | - | - |
| 4 | Apr 2, 2026 | - | - | - |
Related Utilities companies
- LNT · Alliant EnergyElectric & Other Services Combined
- AEE · AmerenElectric & Other Services Combined
- AVA · AVISTA CORPElectric & Other Services Combined
- CMS · CMS EnergyElectric & Other Services Combined
- ED · Consolidated EdisonElectric & Other Services Combined
- DUK · Duke EnergyElectric & Other Services Combined
- EVRG · EvergyElectric & Other Services Combined
- EXC · ExelonElectric & Other Services Combined
WEC SEC filings: frequently asked questions
Are WEC insiders buying or selling?
In the last 90 days, WEC Energy Group (WEC) officers, directors and 10% owners reported no open-market purchases and 1 open-market sale worth $103,468 by 1 insider on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold WEC stock?
As of June 30, 2026, the largest WEC Energy Group (WEC) holders among the 13F filers tracked by SignalX were BlackRock ($3.9 billion), Vanguard Capital Management LLC ($2.5 billion), State Street Corp ($2.5 billion), Vanguard Portfolio Management LLC ($2.0 billion), Bank of America Corp ($1.0 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was WEC's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), WEC Energy Group (WEC) reported revenue of $9.8 billion (up 14.0% from FY2024) and net income of $1.6 billion. Diluted EPS was $4.81. The figures come from the XBRL data in the 10-K.
What are the main risks in WEC's latest 10-K?
In the 10-K filed February 20, 2026, WEC Energy Group (WEC) flagged: Regulatory risk: PSCW rate orders affect pension and OPEB cost recovery at Wisconsin utilities WEC, WPS, WG. Macroeconomic risk: higher interest rates reduce reporting units' fair value affecting goodwill impairment tests sensitivity. (AI summary of the Risk Factors section.)
What did WEC report in its latest 8-K?
WEC Energy Group (WEC) filed an 8-K on September 4, 2026 reporting Item 7.01 (Regulation FD Disclosure). Investor presentation supporting upcoming WEC meetings with investors.
What are the latest WEC SEC filings?
WEC Energy Group (WEC) filed its latest 10-K annual report on February 20, 2026, a 10-Q quarterly report on August 4, 2026, an 8-K current report on September 4, 2026 and a Form 4 insider filing on September 3, 2026.
What is WEC's SEC CIK number?
WEC Energy Group (WEC)'s SEC Central Index Key (CIK) is 783325. EDGAR lists every WEC filing under that number.
Ask anything about WEC
The research agent reads WEC's filings, financials, insider trades and 13F holders, then answers with sources.