Equities Analysts Set Expectations for WEC Q1 Earnings

WEC Energy Group, Inc. (NYSE:WEC - Free Report) - Equities researchers at Zacks Research raised their Q1 2026 EPS estimates for WEC Energy Group in a research note issued to investors on Wednesday, June 25th. Zacks Research analyst R. Department now expects that the utilities provider will earn $2.25 per share for the quarter, up from their previous estimate of $2.23. The consensus estimate for WEC Energy Group's current full-year earnings is $5.23 per share.

WEC Energy Group (NYSE:WEC - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The utilities provider reported $2.27 earnings per share for the quarter, beating analysts' consensus estimates of $2.18 by $0.09. WEC Energy Group had a return on equity of 12.94% and a net margin of 17.95%. The business had revenue of $3.15 billion during the quarter, compared to analyst estimates of $2.81 billion. During the same quarter last year, the business posted $1.97 EPS. The company's revenue was up 17.5% on a year-over-year basis.

Several other equities analysts have also weighed in on WEC. Scotiabank set a $115.00 target price on shares of WEC Energy Group and gave the company an "outperform" rating in a report on Wednesday, May 7th. The Goldman Sachs Group downgraded shares of WEC Energy Group from a "neutral" rating to a "sell" rating and decreased their price objective for the stock from $106.00 to $100.00 in a research report on Wednesday. Barclays increased their target price on shares of WEC Energy Group from $99.00 to $101.00 and gave the stock an "equal weight" rating in a research note on Tuesday, April 29th. Wells Fargo & Company lifted their price target on WEC Energy Group from $115.00 to $124.00 and gave the company an "overweight" rating in a research note on Wednesday, May 7th. Finally, JPMorgan Chase & Co. upgraded WEC Energy Group from an "underweight" rating to a "neutral" rating and increased their price target for the stock from $106.00 to $108.00 in a research report on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $106.33.

WEC Energy Group Trading Up 0.6%

WEC Energy Group stock opened at $103.44 on Friday. The firm has a market cap of $33.01 billion, a PE ratio of 20.16, a P/E/G ratio of 2.83 and a beta of 0.45. WEC Energy Group has a 12 month low of $77.47 and a 12 month high of $111.00. The stock's 50 day simple moving average is $106.44 and its two-hundred day simple moving average is $103.12. The company has a current ratio of 0.50, a quick ratio of 0.40 and a debt-to-equity ratio of 1.23.

Institutional Investors Weigh In On WEC Energy Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Marcum Wealth LLC lifted its stake in shares of WEC Energy Group by 1.3% in the first quarter. Marcum Wealth LLC now owns 7,416 shares of the utilities provider's stock worth $808,000 after buying an additional 93 shares in the last quarter. Manchester Capital Management LLC raised its holdings in WEC Energy Group by 14.3% in the 1st quarter. Manchester Capital Management LLC now owns 744 shares of the utilities provider's stock valued at $81,000 after acquiring an additional 93 shares during the last quarter. Clean Yield Group lifted its stake in WEC Energy Group by 12.6% in the 1st quarter. Clean Yield Group now owns 867 shares of the utilities provider's stock worth $94,000 after purchasing an additional 97 shares in the last quarter. MJP Associates Inc. ADV lifted its stake in WEC Energy Group by 3.4% in the 4th quarter. MJP Associates Inc. ADV now owns 3,019 shares of the utilities provider's stock worth $284,000 after purchasing an additional 98 shares in the last quarter. Finally, Premier Path Wealth Partners LLC boosted its holdings in shares of WEC Energy Group by 3.0% during the 1st quarter. Premier Path Wealth Partners LLC now owns 3,335 shares of the utilities provider's stock worth $363,000 after purchasing an additional 98 shares during the last quarter. Institutional investors and hedge funds own 77.20% of the company's stock.

Insider Buying and Selling

In related news, VP Joshua M. Erickson sold 2,155 shares of the stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $107.77, for a total value of $232,244.35. Following the completion of the transaction, the vice president now directly owns 2,686 shares of the company's stock, valued at approximately $289,470.22. This represents a 44.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.50% of the stock is currently owned by insiders.

WEC Energy Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, June 1st. Investors of record on Wednesday, May 14th were paid a $0.8975 dividend. The ex-dividend date was Wednesday, May 14th. This is a positive change from WEC Energy Group's previous quarterly dividend of $0.84. This represents a $3.59 dividend on an annualized basis and a yield of 3.47%. WEC Energy Group's dividend payout ratio (DPR) is currently 69.59%.

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.

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