Zacks Research Brokers Increase Earnings Estimates for WEC

WEC Energy Group, Inc. (NYSE:WEC) – Investment analysts at Zacks Research upped their Q1 2025 earnings per share estimates for shares of WEC Energy Group in a research report issued on Monday, December 23rd. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $2.23 per share for the quarter, up from their prior estimate of $2.17. The consensus estimate for WEC Energy Group’s current full-year earnings is $4.89 per share. Zacks Research also issued estimates for WEC Energy Group’s Q3 2025 earnings at $0.86 EPS, Q4 2025 earnings at $1.36 EPS, Q1 2026 earnings at $2.30 EPS and Q3 2026 earnings at $1.03 EPS.

Several other analysts have also recently issued reports on WEC. Wells Fargo & Company upped their price objective on WEC Energy Group from $103.00 to $106.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. Barclays upped their price target on shares of WEC Energy Group from $86.00 to $89.00 and gave the company an “underweight” rating in a research note on Monday, October 7th. BMO Capital Markets lifted their price objective on shares of WEC Energy Group from $97.00 to $104.00 and gave the stock a “market perform” rating in a research note on Monday, December 2nd. Jefferies Financial Group started coverage on shares of WEC Energy Group in a report on Thursday, September 19th. They issued a “hold” rating and a $102.00 target price on the stock. Finally, KeyCorp increased their price target on shares of WEC Energy Group from $108.00 to $109.00 and gave the company an “overweight” rating in a report on Wednesday, December 4th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $98.00.

WEC Energy Group Price Performance

Shares of WEC Energy Group stock opened at $95.04 on Wednesday. The firm has a market cap of $30.07 billion, a PE ratio of 23.24, a PEG ratio of 2.59 and a beta of 0.46. The stock has a 50 day moving average of $97.57 and a 200 day moving average of $91.21. The company has a current ratio of 0.65, a quick ratio of 0.46 and a debt-to-equity ratio of 1.37. WEC Energy Group has a 12 month low of $75.13 and a 12 month high of $102.79.

WEC Energy Group (NYSE:WEC) last announced its quarterly earnings results on Thursday, October 31st. The utilities provider reported $0.82 EPS for the quarter, topping the consensus estimate of $0.70 by $0.12. The business had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.93 billion. WEC Energy Group had a net margin of 15.14% and a return on equity of 11.72%. The business’s quarterly revenue was down 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.00 EPS.

Institutional Trading of WEC Energy Group

Several institutional investors and hedge funds have recently modified their holdings of WEC. Fidelity D & D Bancorp Inc. purchased a new position in WEC Energy Group during the 3rd quarter worth $224,000. Retirement Systems of Alabama increased its stake in shares of WEC Energy Group by 518.8% during the third quarter. Retirement Systems of Alabama now owns 431,103 shares of the utilities provider’s stock valued at $41,463,000 after buying an additional 361,434 shares during the period. Franklin Resources Inc. raised its holdings in shares of WEC Energy Group by 1.0% in the third quarter. Franklin Resources Inc. now owns 690,026 shares of the utilities provider’s stock valued at $66,450,000 after acquiring an additional 6,583 shares in the last quarter. Peapack Gladstone Financial Corp raised its holdings in shares of WEC Energy Group by 56.6% in the third quarter. Peapack Gladstone Financial Corp now owns 6,523 shares of the utilities provider’s stock valued at $627,000 after acquiring an additional 2,358 shares in the last quarter. Finally, Synovus Financial Corp lifted its stake in WEC Energy Group by 4.7% in the third quarter. Synovus Financial Corp now owns 2,980 shares of the utilities provider’s stock worth $287,000 after acquiring an additional 135 shares during the period. Institutional investors own 77.20% of the company’s stock.

Insider Buying and Selling at WEC Energy Group

In other news, Director Gale E. Klappa sold 1,805 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $99.40, for a total transaction of $179,417.00. Following the completion of the sale, the director now directly owns 273,248 shares of the company’s stock, valued at approximately $27,160,851.20. The trade was a 0.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Scott J. Lauber sold 6,720 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $100.89, for a total transaction of $677,980.80. Following the completion of the transaction, the chief executive officer now owns 45,709 shares in the company, valued at approximately $4,611,581.01. The trade was a 12.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 48,794 shares of company stock worth $4,866,579 over the last 90 days. Company insiders own 0.44% of the company’s stock.

WEC Energy Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Friday, February 14th will be given a dividend of $0.8925 per share. This represents a $3.57 annualized dividend and a dividend yield of 3.76%. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from WEC Energy Group’s previous quarterly dividend of $0.84. WEC Energy Group’s payout ratio is 87.29%.

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.