Valued at a market cap of $36.4 billion, WEC Energy Group, Inc. (WEC) is one of the largest regulated utility holding companies in the United States. The Wisconsin-based company provides electric and natural gas services to residential, commercial, and industrial customers primarily across the Midwest.
Shares of WEC have lagged behind the broader market over the past 52 weeks. WEC has rallied 9.2% over this time frame, while the broader S&P 500 Index ($SPX) has gained 27.3%. Moreover, on a YTD basis, the stock is up 5.9%, compared to SPX’s 9.6% gain.
