Zacks Research Issues Positive Outlook for WEC Earnings

WEC Energy Group, Inc. (NYSE:WEC) – Stock analysts at Zacks Research lifted their Q1 2026 EPS estimates for WEC Energy Group in a research note issued to investors on Tuesday, December 9th. Zacks Research analyst Team now forecasts that the utilities provider will earn $2.33 per share for the quarter, up from their previous forecast 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 FY2026 earnings at $5.64 EPS, Q1 2027 earnings at $2.48 EPS, Q2 2027 earnings at $0.98 EPS and FY2027 earnings at $6.05 EPS.

A number of other brokerages also recently weighed in on WEC. BMO Capital Markets boosted their price target on WEC Energy Group from $114.00 to $120.00 and gave the company a “market perform” rating in a report on Tuesday, October 21st. Cowen initiated coverage on shares of WEC Energy Group in a report on Wednesday, October 15th. They issued a “hold” rating on the stock. JPMorgan Chase & Co. lowered their target price on WEC Energy Group from $121.00 to $113.00 and set a “neutral” rating for the company in a report on Thursday. BTIG Research upgraded WEC Energy Group to a “strong-buy” rating in a research report on Wednesday, October 22nd. Finally, Wall Street Zen cut WEC Energy Group from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $121.85.

WEC Energy Group Stock Up 0.4%

NYSE:WEC opened at $103.86 on Friday. The stock has a 50-day simple moving average of $111.96 and a 200 day simple moving average of $109.13. WEC Energy Group has a one year low of $91.94 and a one year high of $118.18. The company has a market capitalization of $33.79 billion, a price-to-earnings ratio of 19.63, a price-to-earnings-growth ratio of 2.63 and a beta of 0.56. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.33 and a current ratio of 0.50.

WEC Energy Group (NYSE:WEC) last announced its quarterly earnings data on Tuesday, September 2nd. The utilities provider reported $1.43 earnings per share for the quarter. The company had revenue of $2.28 billion during the quarter. WEC Energy Group had a net margin of 17.75% and a return on equity of 12.60%.

Institutional Trading of WEC Energy Group

A number of large investors have recently added to or reduced their stakes in the business. IFP Advisors Inc lifted its position in shares of WEC Energy Group by 4.5% during the 3rd quarter. IFP Advisors Inc now owns 13,858 shares of the utilities provider’s stock valued at $1,598,000 after acquiring an additional 591 shares during the last quarter. Swiss Life Asset Management Ltd boosted its position in shares of WEC Energy Group by 1.7% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 38,433 shares of the utilities provider’s stock valued at $4,404,000 after purchasing an additional 638 shares during the period. Cambria Investment Management L.P. acquired a new stake in WEC Energy Group during the 3rd quarter worth about $235,000. Vermillion & White Wealth Management Group LLC acquired a new position in shares of WEC Energy Group in the third quarter worth about $36,000. Finally, Fulcrum Asset Management LLP increased its position in shares of WEC Energy Group by 104.2% in the third quarter. Fulcrum Asset Management LLP now owns 13,409 shares of the utilities provider’s stock worth $1,537,000 after acquiring an additional 6,842 shares in the last quarter. 77.20% of the stock is currently owned by institutional investors.

WEC Energy Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Friday, February 13th will be paid a $0.9525 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $3.81 annualized dividend and a dividend yield of 3.7%. This is an increase from WEC Energy Group’s previous quarterly dividend of $0.89. WEC Energy Group’s dividend payout ratio is presently 67.49%.

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.