Investment advisor Mairs & Power released the “Mairs & Power and Power Palanced Fund” of the first quarter 2025 investor letter. A copy of the letter can be downloaded here. Stocks reached record highs in February. However, tariff uncertainty in March caused stocks to fall, while fixed income benefits from perceived security. The fund ended up a quarter of up 0.04%. The fund outperformed the benchmark composite index (60% S&P 500 S&P 500 Total Income Index and 40% Bloomberg U.S. Government/Credit Bond Index), down 1.48%, and Morningstar Medium Allocation Peer Group fell 0.34%. Also, check the fund’s top five holdings to see its best options for 2025.
Mairs & Power Calanced Fund highlighted WEC Energy Group, Inc in its first quarter 2025 investor letter. (NYSE:WEC) and other stocks. WEC Energy Group, Inc. (NYSE: WEC) engages in regulated natural gas and electricity, as well as renewable and unregulated energy services. WEC Energy Group, Inc. (NYSE:WEC) has a one-month return of 5.17%, and its shares have earned 29.27% of its value in the past 52 weeks. May 6, 2025, WEC Energy Group, Inc. (NYSE:WEC) shares closed at $109.76 per share with a market cap of $35.028 billion.
Mairs & Power Balanced Fund pointed out about WEC Energy Group, Inc in its 2025 investor letter for the first quarter. (NYSE:WEC) The following content:
“In the quarter, the fund WEC Energy Group, Inc. (NYSE: WEC). WEC is a Wisconsin-based utility that operates in one of the most balanced regulatory environments for utilities and their stable service areas, which led us to add the name early this quarter. Additionally, the fund is an overweight stock, and WEC provides quasi-fixed income holdings in utilities, meaning the utility has limited yields in its regulatory-defined rate of return. ”
Wind turbines in large green spaces emphasize the company's commitment to renewable energy.
WEC Energy Group, Inc. (NYSE:WEC) is not among the 30 most popular stocks in hedge funds. According to our database, at the end of the fourth quarter, 28 hedge fund portfolios ended WEC Energy Group, Inc in the fourth quarter. (NYSE:WEC), compared to 23 in the third quarter. Although we acknowledge WEC Energy Group, Inc. (NYSE:WEC) potential is an investment, but our belief is that AI stocks have greater hope to offer higher returns and do so in a shorter time frame. If you are looking for AI stocks that are as promising as NVIDIA but have less than 5 times its earnings, check out our report Cheapest AI stocks.