Significant events have been observed around WEC Energy Group (WEC) recently. Various investment groups, such as Allspring Global Investments, Raleigh Capital Management, Assenagon Asset Management, and Eastern Bank are increasing their stakes in the company. KeyCorp adjusted the company's stock price target and there has also been notable institutional ownership growth.
WEC Energy's stock performance has been generally resilient, outperforming most competitors, even amidst occasional losses. The company has made progress towards its environmental, social, and governance (ESG) goals, with plans to invest in renewables. It also announced dividends while expanding its board and enhancing its tax integration and compliance processes. However, criticism exists around its plans for new gas, calling for fossil fuel-free infrastructure and fairer rates.
Wec Energy Group WEC News Analytics from Fri, 02 Feb 2024 08:00:00 GMT to Sat, 26 Oct 2024 07:42:36 GMT - Rating 5 - Innovation 2 - Information 7 - Rumor -3