Earnest Partners LLC Reduces WEC Energy Group Stock Holdings

Institutional investor trims stake in major Midwest utility company

Mar. 15, 2026 at 12:04pm

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Earnest Partners LLC, an investment management firm, has reduced its holdings in WEC Energy Group, Inc. (NYSE:WEC) by 7.8% during the third quarter. The firm now owns 1,828,168 shares of the utilities provider's stock, valued at $209,490,000 as of the end of the reporting period.

Why it matters

As a major institutional investor, Earnest Partners' moves in and out of WEC Energy Group stock can signal broader market sentiment and investor confidence in the company. WEC Energy Group is a leading Midwest utility serving customers in Wisconsin, Illinois, and Michigan, so changes in its shareholder base are noteworthy.

The details

Earnest Partners sold 155,072 shares of WEC Energy Group stock during the third quarter, reducing its overall stake by 7.8%. The firm now holds around 0.9% of WEC's total shares outstanding. Other institutional investors and hedge funds have also made changes to their WEC positions, with some increasing and others decreasing their holdings.

  • Earnest Partners reduced its WEC Energy Group holdings during the 3rd quarter of 2026.

The players

Earnest Partners LLC

An investment management firm that has reduced its stake in WEC Energy Group, a major Midwest utility company.

WEC Energy Group, Inc.

A regulated energy holding company that generates, transmits, and distributes electricity and natural gas, primarily serving customers in Wisconsin, Illinois, and Michigan.

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The takeaway

Earnest Partners' reduction in its WEC Energy Group holdings reflects broader market dynamics and investor sentiment around the utility sector. As a major institutional investor, Earnest Partners' moves can provide insight into the investment community's views on WEC Energy Group's performance and future prospects.