MGE Energy (MGEE) reported second-quarter 2026 GAAP earnings of $33.4 million, or $0.89 per share, compared with $26.5 million, or $0.72 per share, in the prior-year period.
Operating revenues for the quarter ended June 30, 2026, were $161.2 million, compared with $159.5 million a year earlier. Electric segment earnings rose $3.0 million from 2025, while gas net income remained stable.
- Second-quarter 2026 net income was $33.353 million.
- Diluted earnings per share were $0.89, up from $0.72 in the second quarter of 2025.
- Basic earnings per share were $0.89, compared with $0.73 a year earlier.
- Investment gains contributed about $3.9 million, including returns from venture capital funds.
- Six-month 2026 net income was $81.834 million on operating revenues of $403.898 million.
$MGEE Insider Trading Activity
$MGEE insiders have traded $MGEE stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $MGEE stock by insiders over the last 6 months:
- JAMES G BERBEE purchased 372 shares for an estimated $28,984
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$MGEE Hedge Fund Activity
We have seen 149 institutional investors add shares of $MGEE stock to their portfolio, and 128 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DEPRINCE RACE & ZOLLO INC added 277,117 shares (+inf%) to their portfolio in Q1 2026, for an estimated $21,418,372
- BLACKROCK, INC. removed 260,248 shares (-4.5%) from their portfolio in Q1 2026, for an estimated $20,114,567
- MILLENNIUM MANAGEMENT LLC added 103,441 shares (+156.2%) to their portfolio in Q1 2026, for an estimated $7,994,954
- TWO SIGMA INVESTMENTS, LP added 85,290 shares (+101.8%) to their portfolio in Q1 2026, for an estimated $6,592,064
- VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. removed 80,501 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $6,221,922
- POINT72 ASSET MANAGEMENT, L.P. added 80,070 shares (+inf%) to their portfolio in Q1 2026, for an estimated $6,188,610
- QUBE RESEARCH & TECHNOLOGIES LTD added 66,427 shares (+25.2%) to their portfolio in Q1 2026, for an estimated $5,134,142
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
