Q1 EPS Estimate for WEC Energy Group Increased by Analyst

WEC Energy Group, Inc. (NYSE:WEC) – Equities research analysts at Zacks Research raised their Q1 2026 earnings per share estimates for WEC Energy Group in a research report issued on Wednesday, June 25th. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $2.25 per share for the quarter, up from their prior forecast of $2.23. The consensus estimate for WEC Energy Group’s current full-year earnings is $5.23 per share.

WEC Energy Group (NYSE:WEC) last released its quarterly earnings data on Tuesday, May 6th. The utilities provider reported $2.27 EPS for the quarter, topping the consensus estimate of $2.18 by $0.09. The company had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $2.81 billion. WEC Energy Group had a return on equity of 12.94% and a net margin of 17.95%. WEC Energy Group’s revenue for the quarter was up 17.5% on a year-over-year basis. During the same period last year, the company earned $1.97 EPS.

Several other equities research analysts have also recently issued reports on WEC. JPMorgan Chase & Co. upgraded shares of WEC Energy Group from an “underweight” rating to a “neutral” rating and raised their target price for the stock from $106.00 to $108.00 in a report on Tuesday, April 8th. Barclays raised their price target on WEC Energy Group from $99.00 to $101.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 29th. The Goldman Sachs Group cut WEC Energy Group from a “neutral” rating to a “sell” rating and reduced their price objective for the company from $106.00 to $100.00 in a research report on Wednesday. Wells Fargo & Company increased their target price on WEC Energy Group from $115.00 to $124.00 and gave the company an “overweight” rating in a report on Wednesday, May 7th. Finally, Scotiabank set a $115.00 price target on WEC Energy Group and gave the company an “outperform” rating in a research note on Wednesday, May 7th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, WEC Energy Group currently has a consensus rating of “Hold” and an average price target of $106.33.

WEC Energy Group Stock Performance

Shares of WEC stock opened at $103.09 on Friday. The company has a quick ratio of 0.40, a current ratio of 0.50 and a debt-to-equity ratio of 1.23. The company has a 50 day moving average price of $106.34 and a 200-day moving average price of $103.16. WEC Energy Group has a 52 week low of $77.47 and a 52 week high of $111.00. The firm has a market capitalization of $32.90 billion, a PE ratio of 20.10, a P/E/G ratio of 2.84 and a beta of 0.45.

Institutional Trading of WEC Energy Group

Institutional investors and hedge funds have recently modified their holdings of the company. Sowell Financial Services LLC bought a new position in WEC Energy Group in the 1st quarter worth $325,000. CWA Asset Management Group LLC lifted its position in shares of WEC Energy Group by 5.6% in the first quarter. CWA Asset Management Group LLC now owns 2,947 shares of the utilities provider’s stock valued at $321,000 after acquiring an additional 157 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of WEC Energy Group by 16.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 245,016 shares of the utilities provider’s stock worth $26,702,000 after acquiring an additional 34,986 shares during the period. Dynamic Advisor Solutions LLC purchased a new stake in shares of WEC Energy Group during the first quarter worth about $522,000. Finally, Kingswood Wealth Advisors LLC raised its stake in WEC Energy Group by 17.5% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 2,760 shares of the utilities provider’s stock valued at $301,000 after purchasing an additional 411 shares during the period. 77.20% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other WEC Energy Group news, VP Joshua M. Erickson sold 2,155 shares of WEC Energy Group stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $107.77, for a total transaction of $232,244.35. Following the transaction, the vice president now owns 2,686 shares of the company’s stock, valued at $289,470.22. The trade was a 44.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.50% of the company’s stock.

WEC Energy Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, June 1st. Shareholders of record on Wednesday, May 14th were issued a dividend of $0.8975 per share. This represents a $3.59 annualized dividend and a yield of 3.48%. The ex-dividend date was Wednesday, May 14th. This is a positive change from WEC Energy Group’s previous quarterly dividend of $0.84. WEC Energy Group’s payout ratio is currently 69.59%.

WEC Energy Group Company Profile

WEC Energy Group, Inc, through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments.