What is the 13F Pro Quality Score for WEC?

13F Pro ranks WEC ENERGY GROUP, INC. (WEC) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View WEC's current score at https://13fpro.ai/company/WEC (free sign-up required for the full ranking).

Which hedge funds own the most WEC stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of WEC include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/WEC as soon as new 13F filings post.

Where does 13F Pro source WEC data?

All WEC ENERGY GROUP, INC. fundamentals and ownership data come directly from SEC EDGAR. WEC ENERGY GROUP, INC. files with the SEC under CIK 783325. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is WEC in?

WEC ENERGY GROUP, INC. (WEC) is classified in the Utilities sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/utilities.

What drives WEC's revenue?

Per WEC ENERGY GROUP, INC.'s latest 10-Q filed with the SEC on 2026-05-07, the biggest revenue drivers are: Natural Gas Utility Operations ($1,857.9M, +8.2% YoY); Electric Utility Operations ($1,433.3M, +8.6% YoY); Non-Utility Energy Infrastructure ($210.7M, +8.5% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/WEC.

What are WEC's largest expenses?

WEC ENERGY GROUP, INC.'s latest 10-Q reports these as the largest expense items: Depreciation and amortization ($379.8M, +5.5% YoY); Other operation and maintenance ($608.7M, +0.1% YoY); Interest expense ($228.5M, +2.5% YoY). Sourced directly from SEC EDGAR filing text for Q1 2026 (three months ended March 31, 2026).

How often is WEC research updated on 13F Pro?

WEC's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

WEC ENERGY GROUP, INC.(WEC)Stock Analysis

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Utilities →NYSElarge

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SEC EDGAR: CIK 783325 WEC stock profile & AI dashboard →

13F Pro Quality Score

60.1/100

Rank #884 of 2,961 stocksTOP 50%

View Utilities peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

62.5/100

Profitability

71.1/100

Balance Sheet

59.5/100

Earnings Quality

62.5/100

Free Cash Flow

17.3/100

Institutional Flow

46.8/100

Revenue Scale

86.7/100

Dilution Risk

75.6/100

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Why WEC Scores 60/100

exact factor attribution · 2026-09-11

WEC's composite is driven by scale and profitability, held back by free cash flow. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Scale

+5.5 pts

87th pct

Profitability

+3.2 pts

71th pct

Revenue growth

+2.5 pts

63th pct

Shareholder dilution

+1.3 pts

76th pct

Earnings quality

+1.3 pts

63th pct

Capital efficiency

+0.9 pts

60th pct

Earnings growth

+0.5 pts

59th pct

Institutional flow

-0.2 pts

47th pct

Free cash flow

-4.9 pts

17th pct

Latest change (2026-08-04): 67 → 54 · ↓ Profit margin 85→58; ↓ Free cash flow 42→21

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

Unusual Activity in WEC

Events flagged as statistical outliers against WEC's own multi-year baseline — not fixed dollar thresholds.

Score shock2026-08-04
WEC quality score dropped 14 points (67→54) on a new filing
View source filing →

WEC Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for WEC ENERGY GROUP, INC. (WEC), a Utilities sector company. 13F Pro's AI-powered ranking engine scores WEC at 60.1/100 on a 32-signal composite quality model, placing it at rank #884 of 2,961 stocks — the top half of the AI-ranked universe. WEC scores in the top quartile across revenue scale (86.7). Areas of concern include free cash flow (17.3), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), WEC ENERGY GROUP, INC. reports quarterly revenue of $2.1B, net income of $301.0M, an operating margin of 21.0%. Top institutional holders of WEC by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. WEC trades on the NYSE exchange and files with the SEC under CIK 783325. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate WEC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for WEC ENERGY GROUP, INC. directly from SEC EDGAR. WEC ENERGY GROUP, INC.'s 13F Pro composite quality score has ranged between 40 and 66 since 2021, currently 60.1 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about WEC ENERGY GROUP, INC.

Quirks, history, and lore behind WEC — the kind of stuff that makes a stock memorable.

1
The Basics
A regulated utility holding company · large-cap · listed on the NYSE · headquartered in Wisconsin.
2
The Numbers
Serves roughly 4.6 million customers across multiple states, with annual revenue in the neighborhood of $8–9 billion and a dividend it has raised for 20+ consecutive years.
3
The History
Traces its roots to Wisconsin Electric Power Company, founded in the early 1900s, and grew into a multi-state giant through decades of mergers and acquisitions across the Upper Midwest.
4
The Secret
It operates across both natural gas and electric distribution, making it a true combo utility — the kind of boring, reliable stock that income investors quietly adore.
5
The Lore
Its subsidiary We Energies is one of the most recognized utility brands in the Midwest, serving the Milwaukee metro area and much of the surrounding region for over a century.
6
The Giveaway
The parent of We Energies and Peoples Energy, this Milwaukee-based utility holding company's ticker cleverly matches its initials — and its tagline might as well be 'reliably dull, reliably profitable.'

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What's Driving WEC's Business? Latest 10-Q Breakdown

AI-extracted from WEC ENERGY GROUP, INC.'s 10-Q filed 2026-05-07 — Q1 2026 (three months ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Q1 2026 net income rose 11.1% YoY to $804.4M on higher utility margins from Wisconsin rate orders effective January 2026.

Biggest Revenue Drivers

Natural Gas Utility Operations$1,857.9M+8.2% YoY

Higher natural gas rates and recovery mechanisms across all segments, partially offset by warmer weather and lower volumes.

Electric Utility Operations$1,433.3M+8.6% YoY

Wisconsin rate orders effective January 1, 2026 and higher retail customer sales volumes, partially offset by lower resale revenue.

Biggest Revenue Drivers

Total revenue: $3,434.2M+9.0% YoY

Natural Gas Utility Operations$1,857.9M+8.2% YoY

Higher natural gas rates and recovery mechanisms across all segments, partially offset by warmer weather and lower volumes.

Electric Utility Operations$1,433.3M+8.6% YoY

Wisconsin rate orders effective January 1, 2026 and higher retail customer sales volumes, partially offset by lower resale revenue.

Non-Utility Energy Infrastructure$210.7M+8.5% YoY

Higher renewable generation revenues and full quarter of Hardin III solar facility operations; contributions from We Power lease amortizations.

Largest Expense Items

Depreciation and amortization$379.8M+5.5% YoY

Continued capital investments in generation, transmission, and distribution assets being placed into service.

Other operation and maintenance$608.7M+0.1% YoY

Higher transmission expense and regulatory amortizations offset by reduced distribution costs and lower environmental remediation spending.

Interest expense$228.5M+2.5% YoY

Long-term debt issuances in 2025 and 2026, partially offset by AFUDC-Debt capitalization on construction projects.

Margins: Utility margin (non-GAAP) increased across all three utility segments due to Wisconsin rate orders and cost recovery mechanisms. Gross margin benefited from higher regulatory recovery; however, operating margins compressed slightly due to higher depreciation, transmission costs, and property taxes reflecting the capital-intensive nature of the business.

Watch Items from the Filing

PGL regulatory settlement risk: $255M total charge ($205M in Q4 2025, $50M prior years) for UEA and QIP rider disallowances; ICC approval pending; if rejected, material adverse impacts.
Tariff impacts on solar projects: DOC/USITC duties on solar panels from SE Asia, India, Indonesia, Laos; preliminary rates in Feb 2026, final rates fall 2026; capital costs for 2026–2030 already adjusted but further increases possible.
Data center demand growth: Microsoft $20B investment in Wisconsin data centers expected to drive up to 2.6 GW load growth through 2030; large-scale customer tariffs (VLC/Bespoke Resources) verbally approved April 24, 2026.
PGL aging infrastructure replacement: ICC directed retirement of all cast/ductile iron pipe <36 inches by Jan 1, 2035; annual spend expected to ramp to ~$500M by 2028; costs recoverable in future rates but subject to prudency review.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$2.1B

Net Income

Q2 2026

$301.0M

Free Cash Flow

Q2 2026

$-269.7M

Operating Margin

Q2 2026

21.0%

ROIC

Q2 2026

4.7%

D/E Ratio

Q2 2026

1.55

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+14.0% YoY

$9.80BFY 2025

FY22 $9.60BFY23 $8.89BFY24 $8.60BFY25 $9.80B

Operating Income

+4.3% YoY

$2.24BFY 2025

FY22 $1.92BFY23 $1.91BFY24 $2.15BFY25 $2.24B

EPS (Diluted)

-0.4% YoY

$4.81FY 2025

FY22 $4.45FY23 $4.22FY24 $4.83FY25 $4.81

Total Assets

+8.8% YoY

$51.52BFY 2025

FY22 $41.87BFY23 $43.94BFY24 $47.36BFY25 $51.52B

Total Debt

+6.4% YoY

$24.98BFY 2025

FY22 $18.80BFY23 $21.18BFY24 $23.48BFY25 $24.98B

Op. Cash Flow

+5.2% YoY

$3.38BFY 2025

FY22 $2.06BFY23 $3.02BFY24 $3.21BFY25 $3.38B

Free Cash Flow

—FY 2025

FY22 $-636.2MFY23 —FY24 —FY25 —

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$9.80B +14.0%	$8.60B -3.3%	$8.89B -7.3%	$9.60B +15.4%	$8.32B +14.8%	$7.24B
Operating Income	$2.24B +4.3%	$2.15B +12.8%	$1.91B -0.8%	$1.92B +12.2%	$1.71B +0.5%	$1.71B
EPS (Diluted)	$4.81 -0.4%	$4.83 +14.5%	$4.22 -5.2%	$4.45 +8.3%	$4.11 +8.4%	$3.79
Total Assets	$51.52B +8.8%	$47.36B +7.8%	$43.94B +4.9%	$41.87B +7.4%	$38.99B +5.3%	$37.03B
Total Debt	$24.98B +6.4%	$23.48B +10.9%	$21.18B +12.7%	$18.80B +19.6%	$15.72B -0.4%	$15.79B
Operating Cash Flow	$3.38B +5.2%	$3.21B +6.4%	$3.02B +46.5%	$2.06B +1.4%	$2.03B -7.4%	$2.20B
Free Cash Flow	—	—	—	$-636.2M -87.1%	$-340.0M +49.9%	$-678.3M

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Available Research

13F Pro tracks comprehensive data for WEC ENERGY GROUP, INC. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of WEC

BlackRock, Inc.
$3.9B33,321,277 sh
VANGUARD CAPITAL MANAGEMENT LLC
$2.5B21,255,153 sh
STATE STREET CORP
$2.5B21,094,044 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$2.0B16,877,935 sh
GEODE CAPITAL MANAGEMENT, LLC
$1.1B9,240,374 sh
BANK OF AMERICA CORP /DE/
$1.0B8,605,748 sh
WELLS FARGO & COMPANY/MN
$1.0B8,572,855 sh
DEUTSCHE BANK AG\
$706.9M6,053,574 sh
AMERIPRISE FINANCIAL INC
$680.8M5,822,834 sh
CHARLES SCHWAB INVESTMENT MANAGEMENT INC
$629.7M5,385,908 sh

Fund	Value	Shares
BlackRock, Inc.	$3.9B	33,321,277
VANGUARD CAPITAL MANAGEMENT LLC	$2.5B	21,255,153
STATE STREET CORP	$2.5B	21,094,044
VANGUARD PORTFOLIO MANAGEMENT LLC	$2.0B	16,877,935
GEODE CAPITAL MANAGEMENT, LLC	$1.1B	9,240,374
BANK OF AMERICA CORP /DE/	$1.0B	8,605,748
WELLS FARGO & COMPANY/MN	$1.0B	8,572,855
DEUTSCHE BANK AG\	$706.9M	6,053,574
AMERIPRISE FINANCIAL INC	$680.8M	5,822,834
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$629.7M	5,385,908

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Is WEC a good stock to buy?

13F Pro's AI-powered analysis of WEC ENERGY GROUP, INC. (WEC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Utilities sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for WEC are available on the WEC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. WEC is classified as a large company.

Which hedge funds own WEC?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling WEC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of WEC ENERGY GROUP, INC.'s investment landscape.