MGEE

MGE ENERGY INC

Nasdaq · Electric, Gas & Sanitary Services · Inc. WI · CIK 0001161728
$77.66 +1.25% $2.9B
High Impact Filing (7/10)11 New Institutional Positions11 Institutional Exits
Vol
Market Cap$2.9B
Cap SizeMid Cap
Analyst ConsensusSell (0%)
Inst. Holders50 funds
Inst. Value$1.3B
Inst. Activity11 buys / 11 sells
Insider Activity1B / 0S
Insider Net $$29.0K
SEC Reports9
Exchange Nasdaq·Sector Electric, Gas & Sanitary Services·Inc. WI·CIK 0001161728·Prev Close $76.70

Recent Activity

May 8, 2026 SEC
MGE Energy posted a financial presentation on its Investor Relations website and announced participation in the 2026 AGA
8-K — Impact 3/10
May 8, 2026 SEC
MGE Energy files final underwriting agreement for a $250M common stock offering of 3.3M shares (990,099 direct + 2.3M vi
8-K — Impact 5/10
May 6, 2026 SEC
MGE Energy is offering $250M of common stock ($75M direct + $175M via forward sale agreements) one day after reporting a
424B5 — Impact 6/10
Apr 17, 2026 Insider
Bushek Jared Joseph was granted 25,000 shares
VP Chief Fin. Off. & Treasurer
Mar 11, 2026 Insider
Berbee James G bought 372.839 shares
Director @ $77.74 ($29.0K)
Mar 2, 2026 Insider
Wray Noble Lynnwood was granted 1,039 shares
Director
Inst.
TUDOR INVESTMENT CORP ET — ADD
159,622 shares ($12.3M)
Inst.
VICTORY CAPITAL MANAGEMENT INC — NEAR_EXIT
134,357 shares ($10.4M)

Price Targets

$76.25 -1.8% upside Hold
Current $77.66 Low $70.00 Median $77.00 High $81.00 4 analysts
$70.00 $81.00

Analyst Ratings

Strong Sell0% buy · 7 analysts
0Strong Buy
0Buy
3Hold
2Sell
2Strong Sell
Recent Analyst Actions
DateFirmActionRating
Jun 8, 2026 Ladenburg Thalmann UPGRADE Neutral → Buy
Apr 21, 2026 Morgan Stanley MAINTAIN Underweight → Underweight
Feb 2, 2026 Morgan Stanley MAINTAIN Underweight → Underweight

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.81 ▲ +1.3% $0.81 — $0.81 13% YoY 1
Next Q $1.21 ▼ -0.8% $1.21 — $1.21 -1% YoY 1
Current FY $3.93 ▼ -0.6% $3.83 — $3.98 6% YoY 4
Next FY $4.15 ▼ -2.2% $3.86 — $4.29 6% YoY 4

Top Institutional Holders

FundValueMove
BlackRock, Inc.$422.0M
VANGUARD PORTFOLIO MANAGEMENT LLC$205.8M
STATE STREET CORP$148.3M
VANGUARD CAPITAL MANAGEMENT LLC$126.8M
DIMENSIONAL FUND ADVISORS LP$52.9M

Recent Insider Trades

DateInsiderTypeValue
Apr 17, 2026Bushek JaredA$0.00
Mar 11, 2026Berbee JamesBUY$29.0K
Mar 2, 2026Wray NobleA$0.00
Mar 2, 2026WOLTER GARYA$0.00
Mar 2, 2026Possin JamesA$0.00
50 institutional holders with $1.3B total value (16,882,985 shares) as of 2026-Q1. Top holders: BlackRock,, VANGUARD, STATE.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BlackRock, Inc.5,459,694$422.0M32.3%
2VANGUARD PORTFOLIO MANAGEMENT LLC2,663,101$205.8M15.8%
3STATE STREET CORP1,918,678$148.3M11.4%
4VANGUARD CAPITAL MANAGEMENT LLC1,641,026$126.8M9.7%
5DIMENSIONAL FUND ADVISORS LP684,267$52.9M4.1%
6FIRST TRUST ADVISORS LP446,870$34.5M2.6%
7CHARLES SCHWAB INVESTMENT MANAGEMENT INC418,151$32.3M2.5%
8MORGAN STANLEY306,393$23.7M1.8%
9GABELLI FUNDS LLC271,200$21.0M1.6%
10VANGUARD FIDUCIARY TRUST CO246,323$19.0M1.5%
11GOLDMAN SACHS GROUP INC226,486$17.5M1.3%
12SILVERCREST ASSET MANAGEMENT GROUP LLC221,263$17.1M1.3%
13Nuveen, LLC185,454$14.3M1.1%TRIM -26.3%
14Legal & General Group Plc182,530$14.1M1.1%
15TWO SIGMA INVESTMENTS, LP169,074$13.1M1.0%DOUBLED +181.1%
16TUDOR INVESTMENT CORP ET AL159,622$12.3M0.9%ADD +51.9%
17VICTORY CAPITAL MANAGEMENT INC134,357$10.4M0.8%NEAR_EXIT -81.4%
18PUBLIC SECTOR PENSION INVESTMENT BOARD130,768$10.1M0.8%
19ARROWSTREET CAPITAL, LIMITED PARTNERSHIP122,768$9.5M0.7%DOUBLED +206.0%
20Invesco Ltd.116,213$9.0M0.7%TRIM -50.3%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
TUDOR INVESTMENT CORP ET ALADD105,111159,622+51.9%$12.3M2026-Q1
VICTORY CAPITAL MANAGEMENT INCNEAR_EXIT722,349134,357-81.4%$10.4M2026-Q1
BANK OF AMERICA CORP /DE/ADD66,45099,834+50.2%$7.7M2026-Q1
RENAISSANCE TECHNOLOGIES LLCADD46,30067,600+46.0%$5.2M2026-Q1
BANK OF MONTREAL /CAN/ADD31,74944,565+40.4%$3.4M2026-Q1
Trexquant Investment LPADD25,67039,441+53.6%$3.0M2026-Q1
SEI INVESTMENTS CODOUBLED11,19432,857+193.5%$2.5M2026-Q1
Russell Investments Group, Ltd.DOUBLED4,17432,291+673.6%$2.5M2026-Q1
ExodusPoint Capital Management, LPADD14,40428,188+95.7%$2.2M2026-Q1
FIFTH THIRD BANCORPDOUBLED7420,251+27266.2%$1.6M2026-Q1
STATE OF WISCONSIN INVESTMENT BOARDTRIM25,82616,971-34.3%$1.3M2026-Q1
Verition Fund Management LLCTRIM17,9639,420-47.6%$728.1K2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLCTRIM10,1286,438-36.4%$507.4K2026-Q1
Vident Advisory, LLCTRIM6,4284,727-26.5%$365.4K2026-Q1
Cerity Partners LLCADD3,4504,603+33.4%$355.8K2026-Q1
Pictet Asset Management Holding SATRIM6,6224,177-36.9%$322.8K2026-Q1
CAPSTONE INVESTMENT ADVISORS, LLCTRIM6,9064,104-40.6%$317.2K2026-Q1
Mariner, LLCADD2,6933,429+27.3%$265.1K2026-Q1
PNC FINANCIAL SERVICES GROUP, INC.TRIM4,6712,996-35.9%$231.6K2026-Q1
Allworth Financial LPTRIM1,434919-35.9%$71.0K2026-Q1
Rockefeller Capital Management L.P.NEAR_EXIT2,49041-98.4%$3.2K2026-Q1
ASSETMARK, INCNEAR_EXIT131-92.3%$77.002026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPDOUBLED35,676109,158+206.0%$8.6M2025-Q4
WELLS FARGO & COMPANY/MNADD35,78060,777+69.9%$4.8M2025-Q4
BANK OF MONTREAL /CAN/DOUBLED14,42631,749+120.1%$2.5M2025-Q4
17 unique insiders with 19 transactions. Net insider value: $29.0K ($29.0K bought, $0.00 sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Apr 17, 2026Bushek Jared JosephVP Chief Fin. Off. & TreasurerAWARD25,000
Mar 11, 2026Berbee James GDirectorBUY372.839$77.74$29.0K
Mar 2, 2026Wray Noble LynnwoodDirectorAWARD1,039
Mar 2, 2026WOLTER GARY JDirectorAWARD1,039
Mar 2, 2026Possin James LDirectorAWARD1,039
Mar 2, 2026Kelly Daniel JamesDirectorAWARD1,039
Mar 2, 2026Berbee James GDirectorAWARD1,039
Mar 2, 2026DEWEY LONDA JDirectorAWARD1,039
Mar 2, 2026Anderson Marcia MDirectorAWARD1,039
Mar 2, 2026Ackerman Patricia KDirectorAWARD1,039
Mar 2, 2026Lagerwall Jenny LynnAVP - Acctg & Controller (CAO)AWARD688
Mar 2, 2026Keebler Jeffrey MChairman, President & CEOAWARD10,905
Mar 2, 2026Renlund Cari AnneVP General Counsel & Sec.AWARD1,716
Mar 2, 2026Bushek Jared JosephVP Chief Fin. Off. & TreasurerAWARD3,684
Mar 2, 2026Smith Scott RobertVP Business and Reg. StrategyAWARD1,116
Mar 2, 2026Lorenz James JeromeVP Energy OperationsAWARD1,390
Mar 2, 2026Garner Melissa TysonVP-People & Community EngmntAWARD1,374
Mar 2, 2026Jicha John AnthonyVP Energy Supply & Asst Treas.AWARD945
Mar 2, 2026Rieger Angela S.DirectorAWARD1,039

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Sell (0% buy). Based on 7 analysts: 0 strong buy, 0 buy, 3 hold, 2 sell, 2 strong sell.

Analyst Price Targets

$76.25 mean target -1.8% upside Hold (3.00)
$70.00 Low $81.00 High
MetricValue
Current Price$77.66
Target Low$70.00
Target Mean$76.25
Target Median$77.00
Target High$81.00
# Analysts4
RecommendationHold (3.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.81 $0.81 $0.81 12.5% +1.3% 1↑ 0↓ $0.0B 1
Next Q
2026-09-30
$1.21 $1.21 $1.21 -0.8% -0.8% 0↑ 1↓ $0.0B 1
Current FY
2026-12-31
$3.93 $3.83 $3.98 5.6% -0.6% 0↑ 1↓ $0.8B 4.5% 4
Next FY
2027-12-31
$4.15 $3.86 $4.29 5.7% -2.2% 1↑ 0↓ $0.8B 5.1% 4

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.810
7d ago$0.810
30d ago$0.800+0.010
60d ago$0.800+0.010
90d ago$0.800+0.010
2 analyst firms have rated this stock: 1 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Jun 8, 2026 Ladenburg Thalmann UPGRADE Neutral Buy
Apr 21, 2026 Morgan Stanley MAINTAIN Underweight Underweight
Feb 2, 2026 Morgan Stanley MAINTAIN Underweight Underweight

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 2026003220%
May 1, 2026003220%
Apr 1, 2026003220%
Mar 1, 2026003220%
Feb 1, 2026003220%
Jan 1, 2026003220%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

May 8, 2026
short_interest
FTD: MGEE — 2,170,997 shares ($162.1M) failed to deliver
Settlement: 20260508, Price: $74.65, FTD Value: $162,064,926.05, MGE ENERGY INC
May 5, 2026
earnings_calendar
MGEE Q1 2026 Earnings Scheduled — 2026-05-05
Apr 30, 2026
earnings_calendar
MGEE Q1 2026 Earnings Scheduled — 2026-04-30
Feb 25, 2026
earnings_calendar
MGEE Q4 2025 Earnings Scheduled — 2026-02-25