WEC Energy Group (NYSE:WEC) Posts Earnings Results, Beats Estimates By $0.11 EPS

Posted by Stanley Muller on Jul 29th, 2026

WEC Energy Group (NYSE:WEC – Get Free Report) released its quarterly earnings data on Wednesday. The utilities provider reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11, FiscalAI reports. The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.11 billion. WEC Energy Group had a net margin of 16.25% and a return on equity of 12.72%. The firm’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 updated its FY 2026 guidance to 5.510-5.610 EPS.

WEC Energy Group Price Performance

WEC Energy Group stock traded down $1.24 during trading hours on Wednesday, hitting $112.37. 649,094 shares of the stock were exchanged, compared to its average volume of 2,113,145. WEC Energy Group has a 12 month low of $102.95 and a 12 month high of $119.91. The business’s 50-day moving average is $113.96 and its two-hundred day moving average is $113.66. 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 stock has a market capitalization of $36.60 billion, a P/E ratio of 22.43, a P/E/G ratio of 1.97 and a beta of 0.47.

WEC Energy Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be given a $0.9525 dividend. The ex-dividend date is Friday, August 14th. This represents a $3.81 dividend on an annualized basis and a yield of 3.4%. WEC Energy Group’s payout ratio is 76.05%.

Analyst Ratings Changes

A number of brokerages have commented on WEC. Weiss Ratings restated a “buy (b)” rating on shares of WEC Energy Group in a research note on Friday, June 26th. JPMorgan Chase & Co. upped their price objective on WEC Energy Group from $120.00 to $124.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Truist Financial increased their target price on WEC Energy Group from $119.00 to $122.00 and gave the stock a “hold” rating in a report on Thursday, July 16th. BMO Capital Markets cut their target price on WEC Energy Group from $120.00 to $117.00 and set a “market perform” rating for the company in a research report on Wednesday, July 22nd. Finally, Mizuho set a $124.00 price target on WEC Energy Group in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $123.20.

Check Out Our Latest Stock Report on WEC Energy Group

Insider Buying and Selling

In related news, EVP Daniel Krueger sold 4,665 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $110.96, for a total transaction of $517,628.40. Following the sale, the executive vice president directly owned 7,346 shares in the company, valued at $815,112.16. This represents a 38.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.46% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On WEC Energy Group

Institutional investors and hedge funds have recently made changes to their positions in the company. Asset One Wealth Management LLC bought a new stake in shares of WEC Energy Group in the 4th quarter valued at about $243,000. Concorde Asset Management LLC acquired a new stake in shares of WEC Energy Group during the fourth quarter worth about $213,000. Larson Financial Group LLC lifted its holdings in shares of WEC Energy Group by 58.9% during the 3rd quarter. Larson Financial Group LLC now owns 1,834 shares of the utilities provider’s stock valued at $210,000 after purchasing an additional 680 shares in the last quarter. Shelton Capital Management bought a new stake in WEC Energy Group during the 3rd quarter worth approximately $203,000. Finally, State of Wyoming raised its holdings 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 worth $184,000 after buying an additional 95 shares during the period. Institutional investors own 77.20% of the company’s stock.

Key WEC Energy Group News

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

Positive Sentiment: Second-quarter EPS beat expectations. WEC reported earnings of $0.91 per share, up from $0.76 a year earlier and above the $0.80 analyst consensus. Net income increased to $299.2 million from $245.4 million, indicating improved profitability. WEC Energy Group Q2 Earnings Beat Estimates
Positive Sentiment: First-half results strengthened. For the first six months of 2026, WEC posted $3.36 in EPS, compared with $3.02 in the prior-year period. Quarterly revenue also grew 2.6% year over year to $2.06 billion. WEC Energy Group Reports Second-Quarter Results
Positive Sentiment: Regulatory and data-center demand could support growth. An investment analysis argues that Wisconsin’s VLC tariff may speed data-center approvals and support high-return, long-term contracts, improving WEC’s load-growth and earnings prospects relative to Dominion. Swapping Dominion for WEC Energy Group
Neutral Sentiment: Full-year guidance remains broadly in line with expectations. WEC reaffirmed or updated 2026 EPS guidance to $5.51-$5.61, with the $5.56 midpoint slightly below the $5.59 consensus estimate. This suggests limited near-term estimate upside despite the quarterly beat. WEC Energy Group Earnings and Guidance
Negative Sentiment: Revenue missed analysts’ forecast. Second-quarter revenue of $2.06 billion fell short of the $2.11 billion consensus, tempering the impact of the EPS beat and highlighting potential limits to near-term top-line growth. WEC Energy Q2 Earnings Snapshot

About WEC Energy Group

(Get Free Report)

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.