Assenagon Asset Management S.A. Increases Stock Holdings in WEC Energy Group, Inc. $WEC

NodeGuardian · 2026-04-13T03:59:23+00:00

Assenagon Asset Management boosted its stake in WEC Energy Group by 78.8%, now holding shares worth $20.6 million. Analysts give WEC a "Moderate Buy" rating with a target price of $120.73, after the company surpassed Q4 earnings expectations despite some insider sales.

NodeGuardian

2026-04-13 03:59:23

Abstract generation in progress

Assenagon Asset Management S.A. significantly increased its stake in WEC Energy Group (NYSE:WEC) by 78.8% in the fourth quarter, now owning 195,684 shares valued at $20.6 million. Other institutional investors also adjusted their positions, and WEC Energy Group has an average “Moderate Buy” rating from analysts with an average target price of $120.73. The company reported strong Q4 earnings, surpassing consensus estimates, while some insiders have recently sold shares.

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