What Makes WEC Energy (WEC) an Investment Choice?

Core Insights - The Mairs & Power Balanced Fund reported a return of 6.47% in the first nine months of 2025, underperforming benchmark indexes which increased by 11.35% and 10.73% respectively [1] - The market remains concentrated with a few mega-cap stocks related to artificial intelligence driving most favorable outcomes [1] Company Overview - WEC Energy Group, Inc. (NYSE:WEC) provides regulated natural gas and electricity, as well as renewable and nonregulated energy services [2] - As of December 10, 2025, WEC Energy Group's stock closed at $103.66 per share, with a market capitalization of $34.04 billion [2] Investment Positioning - The fund initiated a new position in WEC Energy Group due to its stable service area and balanced regulatory environment, along with significant investments in AI-related data centers in Wisconsin [3] - The Utilities sector positively contributed to the fund's relative performance [3] Hedge Fund Interest - WEC Energy Group was held by 37 hedge fund portfolios at the end of the third quarter, an increase from 35 in the previous quarter [4] - Despite recognizing WEC's potential, the company believes certain AI stocks present greater upside potential and lower downside risk [4]