Duff & Phelps Reduces Stake in WEC Energy Group

Investment firm sells off 90,477 shares of the utility provider in Q3

Published on Mar. 12, 2026

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Duff & Phelps Investment Management Co. has reduced its stake in WEC Energy Group, Inc. (NYSE:WEC) by 8.1% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The investment firm now owns 1,028,768 shares of the utilities provider's stock, down from 1,119,245 shares held previously.

Why it matters

As a major institutional investor, Duff & Phelps' trading activity in WEC Energy Group is closely watched by analysts and investors. The reduction in their stake could signal a shift in sentiment around the utility company's prospects.

The details

According to the 13F filing, Duff & Phelps sold 90,477 shares of WEC Energy Group during the third quarter. The firm now owns approximately 0.32% of the company's outstanding shares, valued at around $117.9 million as of the most recent filing.

  • Duff & Phelps reduced its stake in WEC Energy Group during the third quarter of 2026.

The players

Duff & Phelps Investment Management Co.

An investment management firm that oversees over $100 billion in assets.

WEC Energy Group, Inc.

A Milwaukee-based regulated energy holding company that generates, transmits and distributes electricity and natural gas.

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The takeaway

Duff & Phelps' reduction in its WEC Energy Group holdings could signal a broader shift in investor sentiment around the utility company. However, without further context on the firm's overall investment strategy, it's difficult to draw any definitive conclusions about WEC's future prospects.