MGE Energy Inc (MGEE)

• Market cap: $3.06B
• 1 day: -1.46%
• 5 days: 0.67%
• 1 month: 0.44%
• 3 months: -5.28%
• 6 months: -9.96%
• Year to date: -9.89%
• 1 year: -8.73%
• 5 years: 31.73%
• 10 years: 110.48%
• Sector: Utilities
• Industry: Electric Utilities

About: MGE Energy provides electric service to 161,000 customers and natural gas service to 173,000 customers in Madison, Wisconsin, and surrounding areas. Nearly 90% of customers are residential. The company also owns a 3.6% stake in American Transmission Co. MGE owns interests in two coal power plants that earn guaranteed fixed rates of return, contributing about 20% of earnings.

Employees: 717

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

33% more repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 94

4% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 23

0.4% less ownership

Funds ownership: 61.66% [Q1] → 61.26% (-0.4%) [Q2]

1% less funds holding

Funds holding: 296 [Q1] → 293 (-3) [Q2]

5% less capital invested

Capital invested by funds: $2.09B [Q1] → $1.98B (-$113M) [Q2]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $83
• Avg. target: $83
• High target: $83

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Ladenburg Thalmann Paul Fremont

$83

Neutral Upgraded

11 Sep 2025