WEC Energy Group (NYSE:WEC) Issues FY 2026 Earnings Guidance

WEC Energy Group (NYSE:WEC) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.510-5.610 for the period, compared to the consensus earnings per share estimate of 5.590. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on WEC shares. Truist Financial lifted their target price on shares of WEC Energy Group from $119.00 to $122.00 and gave the stock a “hold” rating in a research report on Thursday, July 16th. Wells Fargo & Company reissued an “overweight” rating and set a $127.00 price target on shares of WEC Energy Group in a report on Tuesday, April 21st. KeyCorp dropped their price target on WEC Energy Group from $126.00 to $117.00 and set an “overweight” rating on the stock in a research note on Thursday, July 23rd. JPMorgan Chase & Co. lifted their price objective on WEC Energy Group from $120.00 to $124.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. Finally, Mizuho set a $124.00 price objective on WEC Energy Group in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $123.20.

WEC Energy Group Stock Performance

Shares of WEC stock traded down $1.29 during mid-day trading on Wednesday, reaching $112.32. 1,221,465 shares of the company’s stock traded hands, compared to its average volume of 2,117,123. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.54 and a current ratio of 0.68. The firm has a market capitalization of $36.59 billion, a PE ratio of 22.39, a price-to-earnings-growth ratio of 1.97 and a beta of 0.47. WEC Energy Group has a 12 month low of $102.95 and a 12 month high of $119.91. The firm has a 50 day moving average price of $113.96 and a two-hundred day moving average price of $113.66.

WEC Energy Group (NYSE:WEC) last announced its earnings results on Wednesday, July 29th. The utilities provider reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. The company had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $2.11 billion. WEC Energy Group had a return on equity of 12.72% and a net margin of 16.25%.WEC Energy Group’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period last year, the firm earned $0.76 EPS. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, research analysts forecast that WEC Energy Group will post 5.59 EPS for the current year.

WEC Energy Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be paid a $0.9525 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $3.81 annualized dividend and a dividend yield of 3.4%. WEC Energy Group’s dividend payout ratio (DPR) is 76.05%.

Insider Buying and Selling at WEC Energy Group

In other news, EVP Daniel Krueger sold 4,665 shares of WEC Energy Group stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $110.96, for a total transaction of $517,628.40. Following the transaction, the executive vice president directly owned 7,346 shares of the company’s stock, valued at $815,112.16. The trade was a 38.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.46% of the stock is currently owned by insiders.

WEC Energy Group News Roundup

Here are the key news stories impacting WEC Energy Group this week:

• Positive Sentiment: WEC reported second-quarter earnings of $0.91 per share, above the $0.80 analyst consensus and up from $0.76 a year earlier. Net income rose to $299.2 million from $245.4 million, while first-half EPS increased to $3.36 from $3.02. WEC Energy Group Q2 Earnings Beat Estimates
• Positive Sentiment: The company’s quarterly revenue increased 2.6% year over year, and profitability remained solid with a 16.25% net margin and 12.72% return on equity. WEC Energy Group Second-Quarter Results
• Positive Sentiment: An investment commentary favored WEC over Dominion, citing potential benefits from Wisconsin’s VLC tariff, faster data-center approvals and long-term contracts that could support load growth and earnings. Swapping Dominion for WEC Energy Group
• Neutral Sentiment: The earnings beat provides a favorable near-term signal, but the stock remains close to its 50-day and 200-day moving averages, suggesting investors have not established a decisive new trend.
• Negative Sentiment: Revenue of $2.06 billion fell short of the $2.11 billion consensus estimate, tempering the impact of the EPS beat. WEC Energy Q2 Earnings Snapshot
• Negative Sentiment: WEC reaffirmed fiscal 2026 EPS guidance of $5.51-$5.61; its $5.56 midpoint is modestly below the $5.59 analyst consensus, which may be weighing on the shares despite the quarterly earnings beat.

Hedge Funds Weigh In On WEC Energy Group

Several large investors have recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. raised its position in shares of WEC Energy Group by 603.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 414,028 shares of the utilities provider’s stock valued at $43,664,000 after purchasing an additional 355,144 shares during the period. Compound Planning Inc. increased its stake in WEC Energy Group by 36.1% in the 4th quarter. Compound Planning Inc. now owns 7,888 shares of the utilities provider’s stock worth $832,000 after buying an additional 2,091 shares in the last quarter. Birchwood Financial Partners Inc. purchased a new stake in WEC Energy Group in the 4th quarter worth $49,000. Corient Private Wealth LLC raised its holdings in WEC Energy Group by 37.0% during the fourth quarter. Corient Private Wealth LLC now owns 296,623 shares of the utilities provider’s stock valued at $31,282,000 after acquiring an additional 80,140 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its holdings in WEC Energy Group by 98.3% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 66,143 shares of the utilities provider’s stock valued at $6,975,000 after acquiring an additional 32,795 shares during the period. Hedge funds and other institutional investors own 77.20% of the company’s stock.

WEC Energy Group Company Profile

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.