Barclays Forecasts Strong Price Appreciation for WEC Energy Group (NYSE:WEC) Stock

WEC Energy Group (NYSE:WEC) had its price target boosted by stock analysts at Barclays from $105.00 to $110.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “equal weight” rating on the utilities provider’s stock. Barclays‘s price target suggests a potential upside of 0.78% from the stock’s current price.

A number of other equities research analysts have also recently weighed in on the company. UBS Group set a $116.00 price target on WEC Energy Group in a report on Wednesday, December 31st. Wall Street Zen lowered WEC Energy Group from a “hold” rating to a “sell” rating in a report on Saturday, November 1st. Wells Fargo & Company cut their price target on WEC Energy Group from $124.00 to $117.00 and set an “overweight” rating for the company in a research note on Tuesday. Mizuho set a $125.00 price objective on shares of WEC Energy Group in a research report on Monday, October 27th. Finally, TD Cowen initiated coverage on shares of WEC Energy Group in a report on Thursday, October 16th. They set a “hold” rating and a $125.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $120.36.

WEC Energy Group Stock Performance

NYSE:WEC opened at $109.15 on Thursday. The firm’s fifty day simple moving average is $107.15 and its 200-day simple moving average is $109.37. The company has a quick ratio of 0.33, a current ratio of 0.50 and a debt-to-equity ratio of 1.29. The stock has a market cap of $35.51 billion, a PE ratio of 20.63, a price-to-earnings-growth ratio of 2.58 and a beta of 0.58. WEC Energy Group has a fifty-two week low of $96.37 and a fifty-two week high of $118.18.

WEC Energy Group (NYSE:WEC) last announced its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.81 by $0.02. WEC Energy Group had a net margin of 17.75% and a return on equity of 12.60%. The firm had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter last year, the business earned $0.82 earnings per share. The business’s revenue for the quarter was up 12.9% compared to the same quarter last year. WEC Energy Group has set its FY 2025 guidance at 5.170-5.270 EPS. Analysts expect that WEC Energy Group will post 5.23 earnings per share for the current fiscal year.

Hedge Funds Weigh In On WEC Energy Group

Institutional investors and hedge funds have recently modified their holdings of the company. CVA Family Office LLC raised its position in shares of WEC Energy Group by 25.4% during the third quarter. CVA Family Office LLC now owns 440 shares of the utilities provider’s stock worth $50,000 after acquiring an additional 89 shares during the last quarter. Blossom Wealth Management increased its position in WEC Energy Group by 1.4% during the 3rd quarter. Blossom Wealth Management now owns 6,439 shares of the utilities provider’s stock valued at $738,000 after purchasing an additional 90 shares during the period. Verdence Capital Advisors LLC raised its holdings in WEC Energy Group by 1.6% during the 2nd quarter. Verdence Capital Advisors LLC now owns 5,712 shares of the utilities provider’s stock worth $595,000 after purchasing an additional 92 shares during the last quarter. Moors & Cabot Inc. lifted its position in shares of WEC Energy Group by 1.7% in the 3rd quarter. Moors & Cabot Inc. now owns 5,511 shares of the utilities provider’s stock worth $632,000 after purchasing an additional 93 shares during the period. Finally, MTM Investment Management LLC boosted its stake in shares of WEC Energy Group by 3.6% in the 2nd quarter. MTM Investment Management LLC now owns 2,720 shares of the utilities provider’s stock valued at $283,000 after purchasing an additional 95 shares during the last quarter. Hedge funds and other institutional investors own 77.20% of the company’s stock.

WEC Energy Group News Roundup

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

• Positive Sentiment: Board raised the quarterly common dividend by 6.7% to $0.9525 per share (annualized $3.81), reinforcing WEC’s income profile and supporting yield-focused investor demand. WEC Energy Group raises quarterly dividend by 6.7 percent
• Positive Sentiment: Major business-media outlets highlighted the dividend increase, increasing visibility to income investors and potentially underpinning the share price. WEC Energy Group Raises Dividend 6.7%
• Positive Sentiment: Analyst commentary and models that emphasize EPS growth point to WEC as an opportunity for investors focused on steady earnings growth and dividend coverage; this supports a longer-term constructive view. If EPS Growth Is Important To You, WEC Energy Group (NYSE:WEC) Presents An Opportunity
• Neutral Sentiment: Barclays nudged its price target up from $105 to $110 but kept an “equal weight” rating — a modest positive signal but not a strong upgrade of sentiment. Benzinga note on Barclays price target
• Neutral Sentiment: WEC declared quarterly preferred-stock dividends (routine payment schedule for preferred series); material mainly to preferred holders and not a major surprise for common shareholders. Wisconsin Electric declares quarterly dividends
• Neutral Sentiment: Analysts offered sector-level insights on utilities including WEC (TipRanks/Globe and Mail), providing context but no material new guidance; useful for investors benchmarking WEC vs. peers. Analysts Offer Insights on Utilities Companies: American Water (AWK) and WEC Energy Group (WEC)
• Neutral Sentiment: Longtime WEC leader Gale Klappa will retire from the board and be named Chairman Emeritus; the company has a planned succession with Lauber to be appointed chairman. This is a controlled, announced transition but may prompt investor scrutiny of governance and strategy under new board leadership. Klappa to retire, named Chairman Emeritus
• Neutral Sentiment: Local and national coverage noted Klappa’s retirement after 22+ years on the board; given the planned, orderly succession the move is not unexpected but remains a watch item for governance/strategy continuity. WEC Energy Group chairman Gale Klappa to retire from board after more than 22 years
• Neutral Sentiment: National coverage summarized the board/leadership news for broader investor audiences. Longtime head of We Energies’ corporate parent is retiring

About WEC Energy Group

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.