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

WEC Energy Group (NYSE:WEC) posted its earnings results on Wednesday. The utilities provider reported $0.91 EPS for the quarter, topping the consensus estimate of $0.80 by $0.11, FiscalAI reports. WEC Energy Group had a net margin of 16.25% and a return on equity of 12.72%. The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same period in the previous year, the firm posted $0.76 earnings per share. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. WEC Energy Group updated its FY 2026 guidance to 5.510-5.610 EPS.

WEC Energy Group Trading Down 1.3%

NYSE:WEC traded down $1.43 during trading hours on Wednesday, hitting $112.18. 839,153 shares of the stock were exchanged, compared to its average volume of 2,114,288. The company’s 50 day moving average is $113.96 and its two-hundred day moving average is $113.66. WEC Energy Group has a twelve month low of $102.95 and a twelve month high of $119.91. The company has a quick ratio of 0.54, a current ratio of 0.68 and a debt-to-equity ratio of 1.36. The company has a market capitalization of $36.54 billion, a P/E ratio of 22.39, a price-to-earnings-growth ratio of 1.97 and a beta of 0.47.

WEC Energy Group Announces Dividend

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

Insider Activity at WEC Energy Group

In other news, EVP Daniel Krueger sold 4,665 shares of the company’s 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 transaction, the executive vice president owned 7,346 shares of the company’s stock, valued at $815,112.16. This represents a 38.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.46% of the company’s stock.

Institutional Inflows and Outflows

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

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on WEC. KeyCorp lowered their price target on WEC Energy Group from $126.00 to $117.00 and set an “overweight” rating on the stock in a research report on Thursday, July 23rd. Wall Street Zen downgraded shares of WEC Energy Group from a “hold” rating to a “sell” rating in a report on Sunday, May 24th. BMO Capital Markets decreased their price objective on WEC Energy Group from $120.00 to $117.00 and set a “market perform” rating on the stock in a report on Wednesday, July 22nd. 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. Finally, Barclays increased their target price on WEC Energy Group from $111.00 to $117.00 and gave the stock an “equal weight” rating in a report on Monday, April 20th. 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $123.20.

Key Headlines Impacting WEC Energy Group

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

• Positive Sentiment: WEC reported second-quarter 2026 EPS of $0.91, up from $0.76 a year earlier and $0.11 above the $0.80 analyst consensus. Net income increased to $299.2 million from $245.4 million, while first-half EPS rose to $3.36 from $3.02. WEC Energy Group Q2 Earnings Beat Estimates
• Positive Sentiment: Revenue grew 2.6% year over year to $2.06 billion, and profitability remained solid, with a reported 16.25% net margin and 12.72% return on equity. The earnings growth provides support for the company’s regulated utility model. WEC Energy Group Reports Second-Quarter Results
• Positive Sentiment: An investor analysis argues that WEC’s regulatory developments, including the Wisconsin VLC tariff, could accelerate data-center approvals and support long-term, high-return contracts and load growth. This is a favorable longer-term view, but it reflects analyst opinion rather than a new company announcement. Swapping Dominion for WEC Energy Group
• Neutral Sentiment: WEC updated fiscal 2026 EPS guidance to $5.51–$5.61, a range that includes the $5.59 consensus but has a midpoint of $5.56. The guidance was broadly maintained but offers limited upside versus expectations. WEC Energy Q2 Earnings Snapshot
• Negative Sentiment: Quarterly revenue of $2.06 billion fell short of the $2.11 billion analyst estimate. The revenue miss and guidance midpoint slightly below consensus may explain why the stock weakened even after the EPS beat. WEC Energy Group Earnings and Stock Data

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.