Zacks Research Expects Higher Earnings for WEC Energy Group

WEC Energy Group, Inc. (NYSE:WEC - Free Report) - Stock analysts at Zacks Research lifted their Q3 2025 earnings estimates for WEC Energy Group in a note issued to investors on Wednesday, June 25th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $0.87 per share for the quarter, up from their prior forecast of $0.85. 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 FY2025 earnings at $5.24 EPS, Q3 2026 earnings at $0.83 EPS, Q4 2026 earnings at $1.59 EPS, FY2026 earnings at $5.58 EPS, Q1 2027 earnings at $2.27 EPS and FY2027 earnings at $5.98 EPS.

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 for the quarter, beating analysts' consensus estimates of $2.18 by $0.09. The firm had revenue of $3.15 billion for the quarter, compared to analysts' expectations of $2.81 billion. WEC Energy Group had a net margin of 17.95% and a return on equity of 12.94%. The company's quarterly revenue was up 17.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.97 earnings per share.

A number of other research firms have also recently 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 research note on Wednesday, May 7th. Barclays upped their price target on shares of WEC Energy Group from $99.00 to $101.00 and gave the company an "equal weight" rating in a research note on Tuesday, April 29th. Wells Fargo & Company upped their price target on shares of WEC Energy Group from $115.00 to $124.00 and gave the company an "overweight" rating in a research note on Wednesday, May 7th. JPMorgan Chase & Co. upgraded shares of WEC Energy Group from an "underweight" rating to a "neutral" rating and upped their price target for the company from $106.00 to $108.00 in a research note on Tuesday, April 8th. Finally, The Goldman Sachs Group cut shares of WEC Energy Group from a "neutral" rating to a "sell" rating and dropped their price target for the company from $106.00 to $100.00 in a research note on Wednesday, June 25th. One analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, WEC Energy Group has a consensus rating of "Hold" and a consensus price target of $106.33.

WEC Energy Group Stock Down 0.2%

WEC opened at $103.09 on Monday. The company has a quick ratio of 0.40, a current ratio of 0.50 and a debt-to-equity ratio of 1.23. The stock has a market cap of $32.90 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 2.83 and a beta of 0.45. WEC Energy Group has a twelve month low of $77.47 and a twelve month high of $111.00. The company's 50-day moving average price is $106.34 and its two-hundred day moving average price is $103.27.

Hedge Funds Weigh In On WEC Energy Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Truvestments Capital LLC bought a new position in shares of WEC Energy Group during the 1st quarter valued at $25,000. Larson Financial Group LLC grew its holdings in WEC Energy Group by 3,828.6% in the 4th quarter. Larson Financial Group LLC now owns 275 shares of the utilities provider's stock worth $26,000 after acquiring an additional 268 shares during the last quarter. Nova Wealth Management Inc. bought a new stake in WEC Energy Group in the 1st quarter worth $26,000. Prudent Man Investment Management Inc. bought a new stake in WEC Energy Group in the 4th quarter worth $28,000. Finally, Hughes Financial Services LLC bought a new stake in WEC Energy Group in the 1st quarter worth $28,000. Institutional investors own 77.20% of the company's stock.

Insider Transactions at WEC Energy Group

In related news, VP Joshua M. Erickson sold 2,155 shares of the stock in a transaction 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 owns 2,686 shares of the company's stock, valued at approximately $289,470.22. This trade represents a 44.52% decrease in their position. 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 company 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. The ex-dividend date of this dividend was Wednesday, May 14th. This is a boost from WEC Energy Group's previous quarterly dividend of $0.84. This represents a $3.59 annualized dividend and a yield of 3.48%. 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.

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