Zacks Research Forecasts Lower Earnings for WEC Energy Group

WEC Energy Group, Inc. (NYSE:WEC) – Zacks Research reduced their Q1 2026 earnings per share estimates for shares of WEC Energy Group in a note issued to investors on Tuesday, February 25th. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $2.25 per share for the quarter, down from their prior estimate of $2.31. The consensus estimate for WEC Energy Group’s current full-year earnings is $5.23 per share. Zacks Research also issued estimates for WEC Energy Group’s Q1 2026 earnings at $2.25 EPS, Q3 2026 earnings at $0.89 EPS and Q3 2026 earnings at $0.89 EPS.

A number of other research analysts have also weighed in on the company. Scotiabank increased their price target on WEC Energy Group from $103.00 to $110.00 and gave the stock a “sector outperform” rating in a research note on Monday, December 9th. StockNews.com lowered WEC Energy Group from a “hold” rating to a “sell” rating in a research note on Thursday, February 6th. BMO Capital Markets increased their price target on WEC Energy Group from $95.00 to $100.00 and gave the stock a “market perform” rating in a research note on Wednesday, February 5th. Wells Fargo & Company increased their price target on WEC Energy Group from $112.00 to $115.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 5th. Finally, Barclays raised WEC Energy Group from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $89.00 to $93.00 in a research note on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, WEC Energy Group has a consensus rating of “Hold” and a consensus price target of $101.88.

WEC Energy Group Trading Up 0.0 %

Shares of WEC Energy Group stock opened at $105.75 on Friday. WEC Energy Group has a fifty-two week low of $76.78 and a fifty-two week high of $106.75. The firm has a market cap of $33.45 billion, a PE ratio of 21.89, a P/E/G ratio of 2.60 and a beta of 0.49. The business’s fifty day moving average is $98.69 and its two-hundred day moving average is $96.81. The company has a quick ratio of 0.43, a current ratio of 0.60 and a debt-to-equity ratio of 1.37.

WEC Energy Group (NYSE:WEC) last posted its earnings results on Tuesday, February 4th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.06). WEC Energy Group had a net margin of 17.75% and a return on equity of 12.39%. The company had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.50 billion. During the same period in the previous year, the company posted $1.10 EPS. WEC Energy Group’s quarterly revenue was up 3.0% compared to the same quarter last year.

Institutional Trading of WEC Energy Group

Several large investors have recently added to or reduced their stakes in WEC. Larson Financial Group LLC increased its holdings in WEC Energy Group by 3,828.6% in the 4th quarter. Larson Financial Group LLC now owns 275 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 268 shares in the last quarter. Prudent Man Investment Management Inc. purchased a new position in WEC Energy Group in the 4th quarter valued at about $28,000. Coastline Trust Co purchased a new position in WEC Energy Group in the 3rd quarter valued at about $29,000. Hoey Investments Inc. purchased a new position in WEC Energy Group in the 4th quarter valued at about $42,000. Finally, Ashton Thomas Securities LLC purchased a new position in WEC Energy Group in the 3rd quarter valued at about $45,000. 77.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at WEC Energy Group

In related news, Director Ulice Payne, Jr. sold 1,150 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $104.17, for a total value of $119,795.50. Following the completion of the sale, the director now directly owns 21,951 shares in the company, valued at approximately $2,286,635.67. This represents a 4.98 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.44% of the stock is owned by insiders.

WEC Energy Group Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 14th will be issued a dividend of $0.835 per share. The ex-dividend date is Friday, February 14th. This represents a $3.34 dividend on an annualized basis and a dividend yield of 3.16%. WEC Energy Group’s payout ratio is 73.91%.

About WEC Energy Group

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.