WEC Energy Group (NYSE:WEC – Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 5.510-5.610 for the period, compared to the consensus EPS estimate of 5.590. The company issued revenue guidance of -.
WEC Energy Group Stock Down 0.7%
Shares of WEC Energy Group stock opened at $109.29 on Friday. WEC Energy Group has a 1-year low of $102.95 and a 1-year high of $119.91. The company has a market capitalization of $35.60 billion, a PE ratio of 21.25, a P/E/G ratio of 1.93 and a beta of 0.47. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.53 and a quick ratio of 0.54. The business has a 50-day moving average of $113.93 and a 200-day moving average of $113.74.
WEC Energy Group (NYSE:WEC – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. WEC Energy Group had a return on equity of 12.90% and a net margin of 16.69%.The firm had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter in the prior year, the business posted $0.76 earnings per share. WEC Energy Group’s revenue for the quarter was up 2.6% on a year-over-year basis. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. As a group, equities analysts forecast that WEC Energy Group will post 5.59 EPS for the current fiscal year.
WEC Energy Group Announces Dividend
Wall Street Analysts Forecast Growth
WEC has been the subject of a number of research reports. KeyCorp decreased their price objective on shares of WEC Energy Group from $126.00 to $117.00 and set an “overweight” rating for the company in a report on Thursday, July 23rd. Wells Fargo & Company reiterated an “overweight” rating and set a $127.00 price objective on shares of WEC Energy Group in a research note on Tuesday, April 21st. Wall Street Zen lowered WEC Energy Group from a “hold” rating to a “sell” rating in a report on Sunday, May 24th. Truist Financial boosted their price objective on WEC Energy Group from $119.00 to $122.00 and gave the company a “hold” rating in a research report on Thursday, July 16th. Finally, Barclays raised their target price on WEC Energy Group from $111.00 to $117.00 and gave the company an “equal weight” rating in a research note on Monday, April 20th. One 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $123.20.
Read Our Latest Stock Report on WEC
Insider Activity at WEC Energy Group
In other WEC Energy Group news, EVP Daniel Krueger sold 4,665 shares of the stock in a transaction 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 completion of the transaction, the executive vice president directly owned 7,346 shares of the company’s stock, valued at approximately $815,112.16. This trade represents a 38.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.46% of the stock is owned by corporate insiders.
WEC Energy Group News Roundup
Here are the key news stories impacting WEC Energy Group this week:
- Positive Sentiment: WEC reported second-quarter 2026 earnings of $0.91 per share, ahead of the $0.80 consensus estimate and up from $0.76 a year earlier. Net profit rose nearly 22%, supported by higher electricity sales to commercial and industrial customers, including data centers. WEC Energy posts higher profit as data center demand grows
- Positive Sentiment: Management reaffirmed 2026 adjusted earnings guidance of $5.51 to $5.61 per share and highlighted rate-base growth, infrastructure investment and a roughly $37.5 billion capital plan. These investments could expand regulated earnings over time. WEC Q2 Earnings Surpass on Rate Base Growth, Revenues Rise Year Over Year
- Positive Sentiment: Company executives said additional data centers may be developed in Wisconsin, potentially creating further power-demand growth and supporting future utility investment. WEC Energy says more data centers may be coming to Wisconsin
- Neutral Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation, indicating constructive but not unanimously bullish analyst sentiment. WEC Energy receives consensus recommendation of Moderate Buy
- Negative Sentiment: Revenue of approximately $2.06 billion was below the $2.11 billion consensus forecast. Investors also viewed the reaffirmed outlook as less encouraging than a guidance increase, limiting the benefit of the EPS beat. WEC Energy beats earnings forecast but revenue miss and outlook weigh on shares
Institutional Investors Weigh In On WEC Energy Group
Institutional investors and hedge funds have recently bought and sold shares of the business. Osterweis Capital Management Inc. acquired a new position in shares of WEC Energy Group in the 2nd quarter worth approximately $27,000. DV Equities LLC bought a new position in shares of WEC Energy Group in the fourth quarter valued at $48,000. Birchwood Financial Partners Inc. bought a new stake in shares of WEC Energy Group during the 4th quarter worth $49,000. Litman Gregory Wealth Management LLC acquired a new position in shares of WEC Energy Group in the 4th quarter worth $49,000. Finally, Loomis Sayles & Co. L P lifted its holdings in shares of WEC Energy Group by 17.0% during the fourth quarter. Loomis Sayles & Co. L P now owns 770 shares of the utilities provider’s stock valued at $81,000 after purchasing an additional 112 shares during the last quarter. 77.20% of the stock is owned by institutional investors and hedge funds.
About WEC Energy Group
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.
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