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Mirae Asset Global Investments Co. Ltd. Acquires 10,606 Shares of WEC Energy Group, Inc. $WEC
Mirae Asset Global Investments Co. Ltd. increased its stake in WEC Energy Group, Inc. by 24.9% in the fourth quarter, acquiring an additional 10,606 shares, bringing their total holdings to 53,220 shares valued at approximately $5.61 million. This comes as WEC reported Q4 EPS of $1.42, exceeding estimates, and declared a quarterly dividend of $0.9525, representing a 3.3% yield. Despite some insider selling, institutional investors own 77.20% of the company, and analysts maintain a “Moderate Buy” rating with an average target price of $121.31.