Zacks Research Has Pessimistic Outlook of WEC Q3 Earnings

WEC Energy Group, Inc. (NYSE:WEC - Free Report) - Equities researchers at Zacks Research decreased their Q3 2025 earnings per share estimates for shares of WEC Energy Group in a research note issued to investors on Tuesday, May 27th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $0.85 per share for the quarter, down from their previous estimate of $0.86. The consensus estimate for WEC Energy Group's current full-year earnings is $5.23 per share. Zacks Research also issued estimates for WEC Energy Group's Q1 2026 earnings at $2.23 EPS, Q2 2026 earnings at $0.92 EPS and Q3 2026 earnings at $0.80 EPS.

Several other research analysts also recently weighed in on WEC. JPMorgan Chase & Co. raised shares of WEC Energy Group from an "underweight" rating to a "neutral" rating and upped their target price for the stock from $106.00 to $108.00 in a report on Tuesday, April 8th. BMO Capital Markets upped their target price on shares of WEC Energy Group from $95.00 to $100.00 and gave the stock a "market perform" rating in a report on Wednesday, February 5th. Wall Street Zen raised shares of WEC Energy Group from a "sell" rating to a "hold" rating in a report on Wednesday, April 16th. Scotiabank set a $115.00 target price on shares of WEC Energy Group and gave the stock an "outperform" rating in a report on Wednesday, May 7th. Finally, Wells Fargo & Company increased their price objective on shares of WEC Energy Group from $115.00 to $124.00 and gave the company an "overweight" rating in a report on Wednesday, May 7th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $107.13.

WEC Energy Group Stock Down 0.0%

NYSE WEC traded down $0.04 during mid-day trading on Friday, reaching $107.19. The stock had a trading volume of 354,058 shares, compared to its average volume of 2,268,044. WEC Energy Group has a 1 year low of $77.47 and a 1 year high of $111.00. The company has a fifty day moving average price of $107.01 and a 200 day moving average price of $102.52. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.60 and a quick ratio of 0.43. The stock has a market cap of $34.21 billion, a PE ratio of 22.19, a price-to-earnings-growth ratio of 2.60 and a beta of 0.46.

WEC Energy Group (NYSE:WEC - Get Free Report) last released its earnings results on Tuesday, May 6th. The utilities provider reported $2.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.18 by $0.09. WEC Energy Group had a net margin of 17.75% and a return on equity of 12.39%. The firm had revenue of $3.15 billion during the quarter, compared to analyst estimates of $2.81 billion. During the same period last year, the business earned $1.97 earnings per share. The business's revenue was up 17.5% on a year-over-year basis.

Institutional Investors Weigh In On WEC Energy Group

Several institutional investors have recently bought and sold shares of WEC. Truvestments Capital LLC acquired a new stake in WEC Energy Group in the first quarter valued at approximately $25,000. Larson Financial Group LLC boosted its stake in WEC Energy Group by 3,828.6% in the fourth quarter. Larson Financial Group LLC now owns 275 shares of the utilities provider's stock valued at $26,000 after acquiring an additional 268 shares in the last quarter. Nova Wealth Management Inc. acquired a new stake in WEC Energy Group in the first quarter valued at approximately $26,000. Prudent Man Investment Management Inc. purchased a new position in shares of WEC Energy Group in the fourth quarter worth $28,000. Finally, Hughes Financial Services LLC purchased a new position in shares of WEC Energy Group in the first quarter worth $28,000. 77.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Joshua M. Erickson sold 2,155 shares of the stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $107.77, for a total transaction of $232,244.35. Following the transaction, the vice president now directly owns 2,686 shares in the company, valued at approximately $289,470.22. This trade represents a 44.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.50% of the company's stock.

WEC Energy Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Sunday, June 1st. Shareholders of record on Wednesday, May 14th were paid a $0.8975 dividend. This is an increase 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 3.35%. The ex-dividend date of this dividend was Wednesday, May 14th. WEC Energy Group's dividend payout ratio is currently 69.59%.

About WEC Energy Group

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.