Zacks Research Cuts Earnings Estimates for WEC Energy Group

WEC Energy Group, Inc. (NYSE:WEC) – Equities researchers at Zacks Research lowered their Q1 2026 earnings per share (EPS) estimates for shares of WEC Energy Group in a research report issued on Tuesday, February 25th. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $2.25 per share for the quarter, down from their prior forecast of $2.31. 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 Q1 2026 earnings at $2.25 EPS, Q3 2026 earnings at $0.89 EPS and Q3 2026 earnings at $0.89 EPS.

Other research analysts have also issued reports about the company. Barclays raised WEC Energy Group from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $89.00 to $93.00 in a research report on Thursday, January 2nd. Bank of America raised WEC Energy Group from an “underperform” rating to a “neutral” rating and upped their target price for the company from $90.00 to $98.00 in a research report on Thursday, December 12th. StockNews.com lowered WEC Energy Group from a “hold” rating to a “sell” rating in a research report on Thursday, February 6th. Scotiabank upped their target price on WEC Energy Group from $103.00 to $110.00 and gave the company a “sector outperform” rating in a research report on Monday, December 9th. Finally, Wells Fargo & Company upped their target price on WEC Energy Group from $112.00 to $115.00 and gave the company an “overweight” rating in a research report on Wednesday, February 5th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $101.88.

WEC Energy Group Trading Up 1.1 %

Shares of NYSE WEC opened at $106.73 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.60 and a quick ratio of 0.43. The stock has a market capitalization of $33.91 billion, a P/E ratio of 22.10, a price-to-earnings-growth ratio of 2.60 and a beta of 0.49. WEC Energy Group has a 1-year low of $76.78 and a 1-year high of $107.14. The business has a fifty day moving average price of $98.94 and a 200 day moving average price of $96.98.

WEC Energy Group (NYSE:WEC) last issued its quarterly earnings data on Tuesday, February 4th. The utilities provider reported $1.43 earnings per share for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.06). The company had revenue of $2.28 billion for the quarter, compared to analysts’ expectations of $2.50 billion. WEC Energy Group had a return on equity of 12.39% and a net margin of 17.75%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.10 earnings per share.

WEC Energy Group Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Stockholders of record on Friday, February 14th were issued a $0.835 dividend. This represents a $3.34 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date of this dividend was Friday, February 14th. WEC Energy Group’s dividend payout ratio is presently 73.91%.

Insider Activity

In related news, Director Ulice Payne, Jr. sold 1,150 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $104.17, for a total transaction of $119,795.50. Following the sale, the director now directly owns 21,951 shares of the company’s stock, valued at $2,286,635.67. This trade represents a 4.98 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.34% of the company’s stock.

Institutional Trading of WEC Energy Group

Several hedge funds and other institutional investors have recently bought and sold shares of WEC. Mizuho Securities USA LLC boosted its position in WEC Energy Group by 106,685.0% during the third quarter. Mizuho Securities USA LLC now owns 26,000,000 shares of the utilities provider’s stock worth $2,500,680,000 after purchasing an additional 25,975,652 shares in the last quarter. Wellington Management Group LLP boosted its position in WEC Energy Group by 134.2% during the fourth quarter. Wellington Management Group LLP now owns 11,047,753 shares of the utilities provider’s stock worth $1,038,931,000 after purchasing an additional 6,329,574 shares in the last quarter. Geode Capital Management LLC boosted its position in WEC Energy Group by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 8,063,653 shares of the utilities provider’s stock worth $756,423,000 after purchasing an additional 110,802 shares in the last quarter. Deutsche Bank AG boosted its position in WEC Energy Group by 3.1% during the fourth quarter. Deutsche Bank AG now owns 5,722,158 shares of the utilities provider’s stock worth $538,112,000 after purchasing an additional 173,006 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in WEC Energy Group by 17.0% during the third quarter. JPMorgan Chase & Co. now owns 4,806,360 shares of the utilities provider’s stock worth $462,276,000 after purchasing an additional 699,177 shares in the last quarter. 77.20% of the stock is owned by institutional investors and hedge funds.

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.