WEC Energy Group (NYSE:WEC) Stock Bumped Down to Sell by Wall Street Zen

Key Points

• Wall Street Zen downgraded WEC Energy Group from “hold” to “sell.” Other analysts remain mostly neutral, with the stock carrying a consensus “hold” rating and an average price target of $118.
• WEC reported strong quarterly results, earning $1.18 per share versus the $0.97 consensus estimate, while revenue rose 8.9% year over year to $2.29 billion.
• Shares opened at $116.19, near their 52-week high of $119.91. Institutional investors own 77.2% of the company, while a company director recently sold 980 shares.

WEC Energy Group (NYSE:WEC - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Several other brokerages have also recently commented on WEC. JPMorgan Chase & Co. dropped their target price on WEC Energy Group from $121.00 to $116.00 and set a "neutral" rating on the stock in a report on Tuesday, October 13th. Royal Bank Of Canada decreased their price target on WEC Energy Group from $124.00 to $122.00 and set a "sector perform" rating for the company in a research note on Monday, October 26th. Jefferies Financial Group decreased their price target on WEC Energy Group from $120.00 to $116.00 and set a "hold" rating for the company in a research note on Wednesday, October 21st. LADENBURG THALM/SH SH lowered their price target on WEC Energy Group from $110.50 to $108.50 and set a "neutral" rating on the stock in a research report on Wednesday, August 19th. Finally, BMO Capital Markets reissued a "market perform" rating and issued a $117.00 price objective (down from $120.00) on shares of WEC Energy Group in a research note on Friday, October 16th. Eight analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $118.00.

WEC Energy Group Stock Performance

Shares of WEC opened at $116.19 on Friday. The firm has a 50-day moving average price of $105.85 and a 200 day moving average price of $111.43. The firm has a market capitalization of $37.86 billion, a PE ratio of 19.23, a P/E/G ratio of 2.36 and a beta of 0.45. The company has a quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.34. WEC Energy Group has a 52-week low of $99.80 and a 52-week high of $119.91.

WEC Energy Group (NYSE:WEC - Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The utilities provider reported $1.18 EPS for the quarter, topping analysts' consensus estimates of $0.97 by $0.21. WEC Energy Group had a net margin of 17.54% and a return on equity of 13.49%. The company had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.27 billion. During the same period in the previous year, the firm earned $0.83 EPS. WEC Energy Group's revenue was up 8.9% on a year-over-year basis. On average, sell-side analysts anticipate that WEC Energy Group will post 5.60 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other WEC Energy Group news, Director Ulice Payne, Jr. sold 980 shares of WEC Energy Group stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $105.58, for a total value of $103,468.40. Following the transaction, the director owned 19,588 shares in the company, valued at approximately $2,068,101.04. The trade was a 4.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.46% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Diversify Advisory Services LLC boosted its stake in shares of WEC Energy Group by 2.0% during the 3rd quarter. Diversify Advisory Services LLC now owns 5,076 shares of the utilities provider's stock worth $538,000 after acquiring an additional 98 shares in the last quarter. WPG Advisers LLC increased its holdings in shares of WEC Energy Group by 37.2% during the 3rd quarter. WPG Advisers LLC now owns 365 shares of the utilities provider's stock valued at $37,000 after acquiring an additional 99 shares during the last quarter. Integrity Alliance LLC. increased its holdings in shares of WEC Energy Group by 2.2% during the 3rd quarter. Integrity Alliance LLC. now owns 4,818 shares of the utilities provider's stock valued at $486,000 after acquiring an additional 103 shares during the last quarter. Hibernia Wealth Partners LLC raised its stake in shares of WEC Energy Group by 3.3% in the 1st quarter. Hibernia Wealth Partners LLC now owns 3,367 shares of the utilities provider's stock valued at $390,000 after acquiring an additional 106 shares in the last quarter. Finally, Gryphon Financial Partners LLC raised its stake in shares of WEC Energy Group by 4.0% in the 1st quarter. Gryphon Financial Partners LLC now owns 3,056 shares of the utilities provider's stock valued at $354,000 after acquiring an additional 118 shares in the last quarter. Institutional investors own 77.20% of the company's stock.

Key Stories Impacting WEC Energy Group

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

• Positive Sentiment: Third-quarter earnings beat expectations. WEC reported $1.18 in adjusted EPS versus the $0.97 analyst consensus, while revenue rose 8.9% year over year to $2.29 billion. Net income increased to $389.3 million from $271.3 million, supported by strong electricity demand, favorable weather and operating efficiencies. WEC Energy Group reports third-quarter results
• Positive Sentiment: Management raised its 2026 earnings guidance, reinforcing confidence in continued demand growth and execution. The guidance increase, combined with the quarterly earnings beat, is a key catalyst for investor optimism. WEC raises 2026 earnings guidance
• Positive Sentiment: WEC outlined a $47.5 billion 2027–2031 capital plan and is targeting annual EPS growth of 7% to 9% or more. The investment program could expand the regulated asset base and support long-term earnings and dividend growth. WEC capital plan and EPS growth targets
• Positive Sentiment: Analysts raised their price targets and issued constructive ratings. Scotiabank lifted its target to $128 with a “sector outperform” rating, while Wells Fargo raised its target to $129 and maintained an “overweight” rating. The revised targets imply approximately 10%–11% potential upside from the referenced price.
• Neutral Sentiment: WEC is reportedly in discussions regarding a 400-megawatt data-center project. Securing the project could create additional electricity demand, although the talks have not resulted in a confirmed agreement. WEC data-center project discussions
• Neutral Sentiment: HSBC initiated coverage with a “hold” rating, providing a more cautious view that offsets some of the recent bullish analyst actions.

WEC Energy Group Company Profile

WEC Energy Group, Inc is an energy holding company headquartered in Milwaukee, Wisconsin. Through its operating companies, the company generates and delivers electricity and provides natural gas distribution, storage and related energy services to residential, commercial and industrial customers.

WEC Energy's principal utility businesses include We Energies and Wisconsin Public Service in Wisconsin, Michigan Gas Utilities, Minnesota Energy Resources, Upper Michigan Energy Resources and North Dakota utility operations.

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