WEC Energy Group (NYSE:WEC) Releases Quarterly Earnings Results, Beats Expectations By $0.12 EPS

Key Points

• Q1 beat and guidance raise: WEC reported EPS of $2.45 versus $2.33 expected and revenue of $3.43B (up 9% YoY), and updated FY2026 guidance to a $5.510–$5.610 EPS range.
• Dividend announced: The company declared a quarterly dividend of $0.9525 (annualized $3.81) with an ex-dividend date of May 14 and a yield of about 3.3% (payout ratio ~78.9%).
• Market and insider activity: Shares traded at $116.12 post-report (market cap ~$37.8B, P/E ~24.0), and insiders sold ~42,354 shares (~$4.86M) over the past 90 days, owning 0.46% of the stock.

WEC Energy Group (NYSE:WEC - Get Free Report) announced its earnings results on Tuesday. The utilities provider reported $2.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.33 by $0.12, FiscalAI reports. WEC Energy Group had a return on equity of 12.40% and a net margin of 15.90%.The business had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same period in the previous year, the company earned $2.27 earnings per share. The company's revenue for the quarter was up 9.0% compared to the same quarter last year. WEC Energy Group updated its FY 2026 guidance to 5.510-5.610 EPS.

WEC Energy Group Stock Performance

Shares of NYSE WEC traded down $0.32 during trading on Tuesday, reaching $116.12. The stock had a trading volume of 137,346 shares, compared to its average volume of 2,105,678. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.44 and a current ratio of 0.59. The stock has a market cap of $37.82 billion, a PE ratio of 24.04, a P/E/G ratio of 2.82 and a beta of 0.50. WEC Energy Group has a one year low of $100.61 and a one year high of $119.62. The firm's 50 day moving average price is $115.66 and its two-hundred day moving average price is $111.96.

WEC Energy Group Dividend Announcement

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 3.3%. The ex-dividend date is Thursday, May 14th. WEC Energy Group's payout ratio is 78.88%.

Insider Transactions at WEC Energy Group

In other WEC Energy Group news, VP Mary Beth Straka sold 2,815 shares of WEC Energy Group stock in a transaction on Friday, February 13th. The shares were sold at an average price of $115.50, for a total value of $325,132.50. Following the completion of the transaction, the vice president owned 4,707 shares of the company's stock, valued at $543,658.50. The trade was a 37.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Ulice Payne, Jr. sold 1,450 shares of the business's stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $114.60, for a total transaction of $166,170.00. Following the sale, the director owned 20,541 shares of the company's stock, valued at approximately $2,353,998.60. The trade was a 6.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 42,354 shares of company stock valued at $4,855,505. Company insiders own 0.46% of the company's stock.

Institutional Investors Weigh In On WEC Energy Group

Institutional investors have recently modified their holdings of the business. Tocqueville Asset Management L.P. bought a new position in shares of WEC Energy Group during the third quarter valued at approximately $256,000. Asset One Wealth Management LLC acquired a new stake in shares of WEC Energy Group during the 4th quarter worth approximately $243,000. Concorde Asset Management LLC bought a new stake in shares of WEC Energy Group in the 4th quarter worth approximately $213,000. Shelton Capital Management bought a new stake in shares of WEC Energy Group in the 3rd quarter worth approximately $203,000. Finally, State of Wyoming boosted its position in WEC Energy Group by 5.7% during the 2nd quarter. State of Wyoming now owns 1,762 shares of the utilities provider's stock valued at $184,000 after purchasing an additional 95 shares during the period. Institutional investors own 77.20% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on WEC. Wells Fargo & Company restated an "overweight" rating and set a $127.00 price objective on shares of WEC Energy Group in a research note on Tuesday, April 21st. KeyCorp upped their target price on WEC Energy Group from $117.00 to $126.00 and gave the company an "overweight" rating in a research report on Wednesday, March 4th. Jefferies Financial Group reduced their target price on WEC Energy Group from $124.00 to $121.00 and set a "hold" rating for the company in a research note on Wednesday, January 28th. Barclays raised their price target on shares of WEC Energy Group from $111.00 to $117.00 and gave the stock an "equal weight" rating in a research report on Monday, April 20th. Finally, Mizuho upped their price target on shares of WEC Energy Group from $117.00 to $121.00 and gave the company an "outperform" rating in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, WEC Energy Group has a consensus rating of "Hold" and an average target price of $121.94.

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.

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