WEC Energy Group, Inc. (NYSE:WEC) Receives $123.20 Consensus PT from Brokerages

WEC Energy Group, Inc. (NYSE:WEC) has earned a consensus recommendation of “Moderate Buy” from the eighteen brokerages that are presently covering the company, Marketbeat.com reports. Nine equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $123.20.

WEC has been the topic of a number of research reports. Truist Financial increased their price objective on shares of WEC Energy Group from $119.00 to $122.00 and gave the stock a “hold” rating in a research note on Thursday, July 16th. KeyCorp decreased their target price on shares of WEC Energy Group from $126.00 to $117.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $127.00 price target on shares of WEC Energy Group in a report on Tuesday, April 21st. Wall Street Zen downgraded WEC Energy Group from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of WEC Energy Group in a research note on Friday, June 26th.

WEC Energy Group Price Performance

Shares of NYSE WEC opened at $109.64 on Friday. The business’s 50 day moving average price is $113.86 and its 200 day moving average price is $113.78. The firm has a market cap of $35.71 billion, a P/E ratio of 21.25, a P/E/G ratio of 1.89 and a beta of 0.47. WEC Energy Group has a 52 week low of $102.95 and a 52 week high of $119.91. The company has a quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.35.

WEC Energy Group (NYSE:WEC) last posted its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. WEC Energy Group had a net margin of 16.69% and a return on equity of 12.90%. The company had revenue of $2.06 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same period last year, the firm posted $0.76 EPS. WEC Energy Group’s revenue for the quarter was up 2.6% compared to the same quarter last year. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, sell-side analysts expect that WEC Energy Group will post 5.59 earnings per share for the current year.

WEC Energy Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be issued a dividend of $0.9525 per share. This represents a $3.81 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Friday, August 14th. WEC Energy Group’s dividend payout ratio (DPR) is 73.84%.

Insider Buying and Selling

In related news, EVP Daniel Krueger sold 4,665 shares of WEC Energy Group stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $110.96, for a total transaction of $517,628.40. Following the completion of the transaction, the executive vice president directly owned 7,346 shares in the company, valued at approximately $815,112.16. This trade represents a 38.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.46% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On WEC Energy Group

Several hedge funds have recently bought and sold shares of the stock. Merit Financial Group LLC increased its holdings in shares of WEC Energy Group by 3.5% during the 2nd quarter. Merit Financial Group LLC now owns 78,183 shares of the utilities provider’s stock valued at $9,129,000 after purchasing an additional 2,609 shares in the last quarter. Diversified Trust Co. lifted its stake in shares of WEC Energy Group by 3.4% in the 2nd quarter. Diversified Trust Co. now owns 6,444 shares of the utilities provider’s stock valued at $752,000 after purchasing an additional 212 shares during the period. Rosenberg Matthew Hamilton boosted its holdings in WEC Energy Group by 24.1% during the second quarter. Rosenberg Matthew Hamilton now owns 1,095 shares of the utilities provider’s stock worth $128,000 after buying an additional 213 shares in the last quarter. Liberty Capital Management Inc. purchased a new stake in WEC Energy Group during the second quarter worth $222,000. Finally, Farther Finance Advisors LLC grew its position in WEC Energy Group by 4.0% during the second quarter. Farther Finance Advisors LLC now owns 15,687 shares of the utilities provider’s stock valued at $1,833,000 after buying an additional 599 shares during the period. Hedge funds and other institutional investors own 77.20% of the company’s stock.

WEC Energy Group News Summary

Here are the key news stories impacting WEC Energy Group this week:

• Positive Sentiment: WEC reported second-quarter 2026 adjusted earnings of $0.91 per share, exceeding the $0.80 analyst consensus and rising from $0.76 a year earlier. Rate-base growth, infrastructure investment and stronger commercial electricity demand helped lift profitability. WEC Energy Group Announces Q2 and First Half 2026 Financial Results
• Positive Sentiment: Management reaffirmed its 2026 earnings guidance of approximately $5.51 to $5.61 per share, consistent with the current analyst consensus near $5.59. The company also highlighted a roughly $37.5 billion capital investment plan, which is intended to expand the rate base and support future regulated growth. WEC Energy Group Q2 2026 Earnings Call Highlights
• Positive Sentiment: Growing electricity needs from commercial customers and potential additional data centers in Wisconsin could provide incremental long-term demand and strengthen the case for investment in generation and transmission capacity. WEC Energy Says More Data Centers May Be Coming to Wisconsin
• Neutral Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation, suggesting analysts remain generally constructive but are not signaling an overwhelming near-term catalyst. WEC Energy Group Receives Moderate Buy Recommendation
• Negative Sentiment: Revenue of approximately $2.06 billion fell short of the roughly $2.11 billion consensus estimate. Although revenue increased year over year, the miss and unchanged guidance appear to be weighing on the shares after the earnings release. WEC Energy Beats Earnings Forecast but Revenue Miss and Outlook Weigh on Shares

WEC Energy Group Company Profile

WEC Energy Group is a Milwaukee, Wisconsin–based regulated energy holding company whose primary businesses are the generation, transmission and distribution of electricity and the distribution of natural gas. The company operates through a set of utility subsidiaries that provide bundled energy service, customer billing and energy-related programs to residential, commercial and industrial customers. As a regulated utility group, WEC’s operations focus on delivering reliable service while managing infrastructure investment and compliance with state and federal utility regulation.

Its utility subsidiaries include well-known regional operators such as We Energies and Wisconsin Public Service, along with Chicago-area natural gas utilities that were part of the Integrys Energy Group acquisition.