Should I buy or sell WEC Energy Group stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WEC Energy Group in the last year. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WEC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WEC, but not buy additional shares or sell existing shares. View WEC analyst ratings or view top-rated stocks .

What is WEC Energy Group's stock price target for 2024?

10 brokers have issued 12 month price targets for WEC Energy Group's shares. Their WEC share price targets range from $80.00 to $104.00. On average, they expect the company's share price to reach $90.17 in the next year. This suggests a possible upside of 8.0% from the stock's current price. View analysts price targets for WEC or view top-rated stocks among Wall Street analysts .

How have WEC shares performed in 2023?

WEC Energy Group's stock was trading at $93.76 at the start of the year. Since then, WEC shares have decreased by 11.0% and is now trading at $83.48. View the best growth stocks for 2023 here .

When is WEC Energy Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024. View our WEC earnings forecast .

How were WEC Energy Group's earnings last quarter?

WEC Energy Group, Inc. (NYSE:WEC) announced its quarterly earnings data on Tuesday, October, 31st. The utilities provider reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.09. The utilities provider earned $1.96 billion during the quarter, compared to analyst estimates of $2.03 billion. WEC Energy Group had a net margin of 14.80% and a trailing twelve-month return on equity of 11.48%. The business's revenue was down 2.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.96 earnings per share. Read the conference call transcript .

How often does WEC Energy Group pay dividends? What is the dividend yield for WEC Energy Group?

WEC Energy Group declared a quarterly dividend on Thursday, October 19th. Stockholders of record on Tuesday, November 14th will be paid a dividend of $0.78 per share on Friday, December 1st. This represents a $3.12 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date of this dividend is Monday, November 13th. Read our dividend analysis for WEC .

Is WEC Energy Group a good dividend stock?

WEC Energy Group (NYSE:WEC) pays an annual dividend of $3.12 per share and currently has a dividend yield of 3.83%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 72.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WEC will have a dividend payout ratio of 63.54% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WEC .

What ETFs hold WEC Energy Group's stock?

ETFs with the largest weight of WEC Energy Group (NYSE:WEC) stock in their portfolio include TrueShares Low Volatility Equity Income ETF (DIVZ) , Invesco Dorsey Wright Utilities Momentum ETF (PUI) , Invesco S&P 500 Equal Weight Utilities ETF (RSPU) , Invesco S&P 500 Equal Weight Utilities ETF (RYU) , First Trust EIP Carbon Impact ETF (ECLN) , Utilities Select Sector SPDR Fund (XLU) , IQ CBRE Real Assets ETF (IQRA) and Fidelity MSCI Utilities Index ETF (FUTY) .

What guidance has WEC Energy Group issued on next quarter's earnings?

WEC Energy Group updated its FY23 earnings guidance on Tuesday, October, 31st. The company provided earnings per share guidance of $4.58-$4.62 for the period, compared to the consensus estimate of $4.61.

What other stocks do shareholders of WEC Energy Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other WEC Energy Group investors own include AT&T (T) , Johnson & Johnson (JNJ) , Verizon Communications (VZ) , Exxon Mobil (XOM) , Procter & Gamble (PG) , Intel (INTC) , Altria Group (MO) , Pfizer (PFE) and Walmart (WMT) .

Who are WEC Energy Group's major shareholders?

WEC Energy Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Deutsche Bank AG (1.74%), Deutsche Bank AG (1.74%), Magellan Asset Management Ltd (1.63%), JPMorgan Chase & Co. (1.36%), Invesco Ltd. (1.34%) and Northern Trust Corp (1.25%). Insiders that own company stock include Anthony Reese , Charles R Matthews , Glen E Tellock , Joshua M Erickson , Molly A Mulroy , Robert M Garvin , Thomas K Lane, Thomas K Lane , Tom Metcalfe , Ulice Payne Jr, Ulice Payne, Jr and William Mastoris . View institutional ownership trends .

How do I buy shares of WEC Energy Group?

Shares of WEC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does WEC Energy Group have any subsidiaries?

The following companies are subsidiares of WEC Energy Group: Bishop Hill Energy III Holdings LLC, Blooming Grove Wind Energy Center Holdings LLC, Coyote Ridge Wind LLC, ATC Development Manager Inc., ATC Holdco LLC, ATC Holding LLC, ATC Management Inc., American Transmission Company LLC, BGS Kimball Gas Storage LLC, Bluewater Gas Storage LLC, Bluewater Natural Gas Holding LLC, Elm Road Generating Station Supercritical LLC, Elm Road Services LLC, Integrys Energy Group, Integrys Holding Inc., Jayhawk Wind LLC, Michigan Gas Utilities Corporation, Minnesota Energy Resources Corporation, North Shore Gas Company, Peoples Energy LLC, Peoples Energy Ventures LLC, Port Washington Generating Station LLC, Tatanka Ridge Wind LLC, The Peoples Gas Light and Coke Company, Upper Michigan Energy Resources Corporation, Upstream Wind Energy Holdings LLC, W.E. Power LLC, WEC Business Services LLC, WEC Infrastructure LLC, WEC Infrastructure Wind Holding I LLC, WEC Investments LLC, WISPARK LLC, WPS Power Development LLC, WPS Visions Inc., Wicor, Wisconsin Electric Power Company, Wisconsin Energy Capital Corporation, Wisconsin Gas LLC, Wisconsin Public Service Corporation, Wisconsin River Power Company, and Wisvest LLC. Read More

WEC Energy Group Stock Price, News & Analysis (NYSE:WEC)

$82.97

-0.19 (-0.23%)

(As of 04:32 PM ET)

Compare

Today's Range: $82.84
▼
$84.18
50-Day Range: $77.03
▼
$87.16
52-Week Range: $75.47
▼
$101.11

Volume: 2.20 million shs
Average Volume: 1.47 million shs
Market Capitalization: $26.17 billion

P/E Ratio: 19.16
Dividend Yield: 3.76%
Price Target: $90.17

WEC Energy Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.20 Rating Score
Upside/Downside: 8.0% Upside
$90.17 Price Target
Short Interest: Healthy
1.86% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -5.75
Upright™ Environmental Score
News Sentiment: 1.02
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 6.51%
From $4.61 to $4.91 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.60 out of 5 stars

Utilities Sector

25th out of 86 stocks

Electric & Other Services Combined Industry

4th out of 17 stocks

2.1

Analyst's Opinion

Consensus Rating
WEC Energy Group has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 3 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $90.17, WEC Energy Group has a forecasted upside of 8.0% from its current price of $83.48.
Amount of Analyst Coverage
WEC Energy Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.86% of the float of WEC Energy Group has been sold short.
Short Interest Ratio / Days to Cover
WEC Energy Group has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in WEC Energy Group has recently increased by 10.57%, indicating that investor sentiment is decreasing significantly.

5.0

Dividend Strength

Dividend Leadership
WEC Energy Group is a leading dividend payer. It pays a dividend yield of 3.83%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
WEC Energy Group has been increasing its dividend for 20 years.
Dividend Coverage
The dividend payout ratio of WEC Energy Group is 72.06%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, WEC Energy Group will have a dividend payout ratio of 63.54% next year. This indicates that WEC Energy Group will be able to sustain or increase its dividend.

2.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
WEC Energy Group has received a 9.55% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Natural gas distribution equipment maintenance", "Natural gas distribution services", "Electricity produced with natural gas", "Construction of power lines", and "Renovation of power lines" products. See details.
Environmental Sustainability
The Environmental Impact score for WEC Energy Group is -5.75.

3.9

News and Social Media Coverage

News Sentiment
WEC Energy Group has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for WEC Energy Group this week, compared to 6 articles on an average week.
Search Interest
9 people have searched for WEC on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.
MarketBeat Follows
7 people have added WEC Energy Group to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, WEC Energy Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.34% of the stock of WEC Energy Group is held by insiders.
Percentage Held by Institutions
75.75% of the stock of WEC Energy Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for WEC Energy Group are expected to grow by 6.51% in the coming year, from $4.61 to $4.91 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of WEC Energy Group is 19.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of WEC Energy Group is 19.28, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 98.06.
Price to Earnings Growth Ratio
WEC Energy Group has a PEG Ratio of 3.10. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
WEC Energy Group has a P/B Ratio of 2.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About WEC Energy Group Stock (NYSE:WEC)

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. It generates and distributes electricity from coal, natural gas, and oil, as well as hydroelectric, wind, solar, and biomass sources; provides electric transmission services; offers retail natural gas distribution services; transports natural gas; and generates, distributes, and sells steam. As of December 31, 2022, it operated approximately 35,600 miles of overhead distribution lines and 36,100 miles of underground distribution cables, as well as 430 electric distribution substations and 514,800 line transformers; 52,000 miles of natural gas distribution mains; 1,100 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 500 natural gas distribution and transmission gate stations; and 68.2 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.

WEC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WEC Stock News Headlines

November 29, 2023 | americanbankingnews.com

WEC Energy Group, Inc. (NYSE:WEC) Receives Average Rating of "Hold" from Analysts

November 25, 2023 | benzinga.com

WEC Energy Group Stock (NYSE:WEC) Dividends: History, Yield and Dates

November 29, 2023 | Autonomix (Ad)

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November 25, 2023 | americanbankingnews.com

WEC Energy Group (NYSE:WEC) Lowered to Sell at StockNews.com

November 22, 2023 | msn.com

PSC approves We Energies electric rate hike, gas bills expected to be lower than last year

November 22, 2023 | msn.com

Consumer groups, lawmakers seek to reduce impact of $2 billion cost of closing Wisconsin coal plants

November 22, 2023 | americanbankingnews.com

WEC Energy Group (NYSE:WEC) Price Target Cut to $88.00 by Analysts at Mizuho

November 2, 2023 | benzinga.com

Here's How Much $1000 Invested In WEC Energy Group 20 Years Ago Would Be Worth Today

November 29, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 2, 2023 | markets.businessinsider.com

Scotiabank Reaffirms Their Buy Rating on WEC Energy Group (WEC)

November 1, 2023 | bizjournals.com

Gale Klappa teases possible extension of his WEC Energy role

November 1, 2023 | insidermonkey.com

WEC Energy Group, Inc. (NYSE:WEC) Q3 2023 Earnings Call Transcript

November 1, 2023 | finance.yahoo.com

WEC moves up date to stop burning coal, reaffirms 2024 shutdown for first Oak Creek units

November 1, 2023 | finance.yahoo.com

WEC Energy (WEC) Q3 Earnings Beat Estimates, Revenues Lag

October 31, 2023 | finance.yahoo.com

WEC Energy Group beats third-quarter profit estimates on lower costs

October 31, 2023 | finance.yahoo.com

WEC Energy Group Inc (WEC) Reports Q3 2023 Earnings: Net Income Rises to $316.0 Million

October 29, 2023 | finance.yahoo.com

A Look At The Fair Value Of WEC Energy Group, Inc. (NYSE:WEC)

October 27, 2023 | msn.com

Heating bills could be 20% less this winter, but it will still be one of the most expensive on record

October 25, 2023 | bizjournals.com

These Wisconsin public companies have the most (and fewest) women on their boards

October 25, 2023 | finance.yahoo.com

Edison International (EIX) Q3 Earnings Preview: What's in the Cards?

October 25, 2023 | msn.com

Barclays Maintains WEC Energy Group (WEC) Underweight Recommendation

October 24, 2023 | finance.yahoo.com

WEC Energy Group to announce 2023 third-quarter results Oct. 31

October 20, 2023 | msn.com

WEC Energy: Fully Valued, Buy The Dip Or The Preferred For Higher Yield

October 19, 2023 | finance.yahoo.com

Small and midsize business customers desire energy reliability, trustworthiness, and effective emergency communications

October 19, 2023 | finance.yahoo.com

Large business customers desire energy reliability, effective emergency communications, and trustworthiness

October 17, 2023 | markets.businessinsider.com

WEC Energy’s Financial Performance and Future Prospects: A Hold Rating Analysis

October 5, 2023 | markets.businessinsider.com

11 Utility Stocks Get New Ratings, Forecasts After Recent Volatility: 'Higher Quality ... Low Valuation'

See More Headlines

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Company Calendar

Ex-Dividend for 9/1 Dividend: 8/11/2023
Dividend Payable: 9/01/2023
Last Earnings: 10/31/2023
Ex-Dividend for 12/1 Dividend: 11/13/2023
Today: 11/29/2023
Dividend Payable: 12/01/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/01/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Electric & other services combined
Sub-Industry: Multi-Utilities
Sector: Utilities
Current Symbol: NYSE:WEC
CUSIP: 97665710
CIK: 783325
Web: www.wecenergygroup.com
Phone: (414) 221-2345
Fax: N/A
Employees: 7,022
Year Founded: 1981

Price Target and Rating

Average Stock Price Target: $90.17
High Stock Price Target: $104.00
Low Stock Price Target: $80.00
Potential Upside/Downside: +8.4%
Consensus Rating: Hold
Rating Score (0-4): 2.20
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.33
Trailing P/E Ratio: 19.21
Forward P/E Ratio: 18.04
P/E Growth: 3.1
Net Income: $1.41 billion
Net Margins: 14.80%
Pretax Margin: 17.41%
Return on Equity: 11.48%
Return on Assets: 3.19%

Debt

Debt-to-Equity Ratio: 1.32
Current Ratio: 0.60
Quick Ratio: 0.42

Sales & Book Value

Annual Sales: $9.23 billion
Price / Sales: 2.84
Cash Flow: $8.11 per share
Price / Cash Flow: 10.25
Book Value: $38.26 per share
Price / Book: 2.17

Miscellaneous

Outstanding Shares: 315,435,000
Free Float: 314,363,000
Market Cap: $26.23 billion
Optionable: Optionable
Beta: 0.43

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Key Executives

Mr. Gale E. Klappa (Age 72)
Executive Chairman of the Board
Comp: $4.59M
Mr. Scott J. Lauber (Age 57)
President, CEO & Director
Comp: $4.29M
Ms. Xia Liu C.F.A. (Age 53)
Executive VP & CFO
Comp: $2.46M
Ms. Margaret C. Kelsey (Age 58)
Executive VP, General Counsel & Corporate Secretary
Comp: $1.66M
Mr. Robert M. Garvin (Age 56)
Executive Vice President of External Affairs
Comp: $1.29M
Mr. William J. Guc (Age 53)
VP, Controller & Principal Accounting Officer
Ms. Mary Beth Straka CPA (Age 58)
Senior Vice President of Corporate Communications & Investor Relations
Mr. James A. Schubilske (Age 57)
VP & Chief Audit Officer
Mr. Andy Hesselbach
Senior Vice President of Gas Operations
Mr. Torrence Hinton
President of Peoples Gas & North Shore Gas

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy WEC Energy Group Stock? WEC Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of WEC Energy Group was last updated on Thursday, November 16, 2023 at 12:00 AM.

Pros

Here are some ways that investors could benefit from investing in WEC Energy Group, Inc.:

WEC Energy Group, Inc. provides regulated natural gas and electricity, as well as renewable and nonregulated renewable energy services. This diversification in energy sources can provide stability and potential growth opportunities for investors.
Recent developments in the renewable energy sector have created a favorable market for companies like WEC Energy Group, Inc. that are focused on providing renewable energy solutions. This could lead to increased demand and potential profitability for the company.
WEC Energy Group, Inc. has a long history, being founded in 1896. This demonstrates the company's stability and ability to adapt to changing market conditions over time.
Investing in WEC Energy Group, Inc. allows investors to participate in the energy sector, which is a crucial industry for economic growth and development.
One reason to consider investing in WEC Energy Group, Inc. is its current stock price, which can be obtained from the latest financial data. This information can help investors make informed decisions based on the company's valuation.

Cons

Investors should be bearish about investing in WEC Energy Group, Inc. for these reasons:

While WEC Energy Group, Inc. operates in the regulated natural gas and electricity markets, there may be potential risks associated with changes in government regulations and policies that could impact the company's operations and profitability.
As with any investment in the energy sector, there is inherent volatility and uncertainty. Factors such as fluctuating energy prices, geopolitical tensions, and environmental concerns can affect the performance of companies like WEC Energy Group, Inc.
Investing in WEC Energy Group, Inc. may not be suitable for investors seeking short-term gains, as the energy sector can be subject to long-term market trends and cycles.
The company's operations are primarily focused in the United States, which exposes it to risks associated with the domestic economy, regulatory changes, and geopolitical factors specific to the country.
Investors should carefully consider their risk tolerance and investment objectives before investing in WEC Energy Group, Inc., as with any investment.

WEC Stock Analysis - Frequently Asked Questions

Should I buy or sell WEC Energy Group stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WEC Energy Group in the last year. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WEC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WEC, but not buy additional shares or sell existing shares.
View WEC analyst ratings or view top-rated stocks.
What is WEC Energy Group's stock price target for 2024?: 10 brokers have issued 12 month price targets for WEC Energy Group's shares. Their WEC share price targets range from $80.00 to $104.00. On average, they expect the company's share price to reach $90.17 in the next year. This suggests a possible upside of 8.0% from the stock's current price.
View analysts price targets for WEC or view top-rated stocks among Wall Street analysts.
How have WEC shares performed in 2023?: WEC Energy Group's stock was trading at $93.76 at the start of the year. Since then, WEC shares have decreased by 11.0% and is now trading at $83.48.
View the best growth stocks for 2023 here.
When is WEC Energy Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our WEC earnings forecast.
How were WEC Energy Group's earnings last quarter?: WEC Energy Group, Inc. (NYSE:WEC) announced its quarterly earnings data on Tuesday, October, 31st. The utilities provider reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.09. The utilities provider earned $1.96 billion during the quarter, compared to analyst estimates of $2.03 billion. WEC Energy Group had a net margin of 14.80% and a trailing twelve-month return on equity of 11.48%. The business's revenue was down 2.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.96 earnings per share.
Read the conference call transcript.
How often does WEC Energy Group pay dividends? What is the dividend yield for WEC Energy Group?: WEC Energy Group declared a quarterly dividend on Thursday, October 19th. Stockholders of record on Tuesday, November 14th will be paid a dividend of $0.78 per share on Friday, December 1st. This represents a $3.12 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date of this dividend is Monday, November 13th.
Read our dividend analysis for WEC.
Is WEC Energy Group a good dividend stock?: WEC Energy Group (NYSE:WEC) pays an annual dividend of $3.12 per share and currently has a dividend yield of 3.83%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 72.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WEC will have a dividend payout ratio of 63.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WEC.

What ETFs hold WEC Energy Group's stock?: ETFs with the largest weight of WEC Energy Group (NYSE:WEC) stock in their portfolio include TrueShares Low Volatility Equity Income ETF (DIVZ), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), First Trust EIP Carbon Impact ETF (ECLN), Utilities Select Sector SPDR Fund (XLU), IQ CBRE Real Assets ETF (IQRA) and Fidelity MSCI Utilities Index ETF (FUTY).
What guidance has WEC Energy Group issued on next quarter's earnings?: WEC Energy Group updated its FY23 earnings guidance on Tuesday, October, 31st. The company provided earnings per share guidance of $4.58-$4.62 for the period, compared to the consensus estimate of $4.61.
What other stocks do shareholders of WEC Energy Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other WEC Energy Group investors own include AT&T (T), Johnson & Johnson (JNJ), Verizon Communications (VZ), Exxon Mobil (XOM), Procter & Gamble (PG), Intel (INTC), Altria Group (MO), Pfizer (PFE) and Walmart (WMT).
Who are WEC Energy Group's major shareholders?: WEC Energy Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Deutsche Bank AG (1.74%), Deutsche Bank AG (1.74%), Magellan Asset Management Ltd (1.63%), JPMorgan Chase & Co. (1.36%), Invesco Ltd. (1.34%) and Northern Trust Corp (1.25%). Insiders that own company stock include Anthony Reese, Charles R Matthews, Glen E Tellock, Joshua M Erickson, Molly A Mulroy, Robert M Garvin, Thomas K Lane, Thomas K Lane, Tom Metcalfe, Ulice Payne Jr, Ulice Payne, Jr and William Mastoris.
View institutional ownership trends.
How do I buy shares of WEC Energy Group?: Shares of WEC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
Does WEC Energy Group have any subsidiaries?: The following companies are subsidiares of WEC Energy Group: Bishop Hill Energy III Holdings LLC, Blooming Grove Wind Energy Center Holdings LLC, Coyote Ridge Wind LLC, ATC Development Manager Inc., ATC Holdco LLC, ATC Holding LLC, ATC Management Inc., American Transmission Company LLC, BGS Kimball Gas Storage LLC, Bluewater Gas Storage LLC, Bluewater Natural Gas Holding LLC, Elm Road Generating Station Supercritical LLC, Elm Road Services LLC, Integrys Energy Group, Integrys Holding Inc., Jayhawk Wind LLC, Michigan Gas Utilities Corporation, Minnesota Energy Resources Corporation, North Shore Gas Company, Peoples Energy LLC, Peoples Energy Ventures LLC, Port Washington Generating Station LLC, Tatanka Ridge Wind LLC, The Peoples Gas Light and Coke Company, Upper Michigan Energy Resources Corporation, Upstream Wind Energy Holdings LLC, W.E. Power LLC, WEC Business Services LLC, WEC Infrastructure LLC, WEC Infrastructure Wind Holding I LLC, WEC Investments LLC, WISPARK LLC, WPS Power Development LLC, WPS Visions Inc., Wicor, Wisconsin Electric Power Company, Wisconsin Energy Capital Corporation, Wisconsin Gas LLC, Wisconsin Public Service Corporation, Wisconsin River Power Company, and Wisvest LLC.
Read More

This page (NYSE:WEC) was last updated on 11/29/2023 by MarketBeat.com Staff

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