WEC Energy Group (NYSE:WEC) Updates FY 2026 Earnings Guidance

WEC Energy Group (NYSE:WEC) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.510-5.610 for the period, compared to the consensus earnings per share estimate of 5.600. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Barclays boosted their price target on WEC Energy Group from $111.00 to $117.00 and gave the stock an “equal weight” rating in a research note on Monday, April 20th. Argus upgraded WEC Energy Group to a “strong-buy” rating in a research note on Monday, February 9th. Jefferies Financial Group cut their price target on WEC Energy Group from $124.00 to $121.00 and set a “hold” rating on the stock in a research note on Wednesday, January 28th. Truist Financial initiated coverage on WEC Energy Group in a report on Monday, April 20th. They issued a “hold” rating and a $124.00 price objective for the company. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $127.00 price objective on shares of WEC Energy Group in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $122.13.

WEC Energy Group Stock Performance

Shares of NYSE WEC traded down $1.15 during trading on Thursday, reaching $112.79. The stock had a trading volume of 1,704,494 shares, compared to its average volume of 2,132,999. WEC Energy Group has a one year low of $100.61 and a one year high of $119.62. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.44 and a current ratio of 0.68. The stock has a market cap of $36.73 billion, a PE ratio of 22.51, a P/E/G ratio of 2.77 and a beta of 0.50. The firm’s 50 day moving average price is $115.64 and its two-hundred day moving average price is $111.93.

WEC Energy Group (NYSE:WEC) last issued its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.30 by $0.15. WEC Energy Group had a return on equity of 12.72% and a net margin of 16.25%.The business had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $3.32 billion. During the same period in the previous year, the business earned $2.27 EPS. The business’s quarterly revenue was up 9.0% on a year-over-year basis. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, research analysts forecast that WEC Energy Group will post 5.59 earnings per share for the current fiscal year.

WEC Energy Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Thursday, May 14th will be issued a $0.9525 dividend. This represents a $3.81 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Thursday, May 14th. WEC Energy Group’s payout ratio is 78.88%.

Insider Buying and Selling

In other news, VP Mary Beth Straka sold 2,815 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $115.50, for a total transaction of $325,132.50. Following the completion of the transaction, the vice president directly owned 4,707 shares of the company’s stock, valued at approximately $543,658.50. This represents a 37.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ulice Payne, Jr. sold 1,450 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $114.60, for a total value of $166,170.00. Following the transaction, the director directly owned 20,541 shares of the company’s stock, valued at $2,353,998.60. This trade represents a 6.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 42,354 shares of company stock valued at $4,855,505 over the last three months. 0.46% of the stock is owned by company insiders.

Hedge Funds Weigh In On WEC Energy Group

Institutional investors have recently made changes to their positions in the stock. Osterweis Capital Management Inc. bought a new position in shares of WEC Energy Group during the second quarter valued at approximately $27,000. DV Equities LLC bought a new position in shares of WEC Energy Group during the fourth quarter valued at approximately $48,000. Birchwood Financial Partners Inc. bought a new position in shares of WEC Energy Group during the fourth quarter valued at approximately $49,000. Litman Gregory Wealth Management LLC bought a new position in shares of WEC Energy Group during the fourth quarter valued at approximately $49,000. Finally, Loomis Sayles & Co. L P grew its holdings in shares of WEC Energy Group by 17.0% during the fourth quarter. Loomis Sayles & Co. L P now owns 770 shares of the utilities provider’s stock valued at $81,000 after purchasing an additional 112 shares during the last quarter. 77.20% of the stock is owned by institutional investors.

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.