WEC Energy Group, Inc. (NYSE:WEC) Stock Has Consensus Price Target of $120.90

WEC Energy Group, Inc. (NYSE:WEC) has earned a consensus rating of “Moderate Buy” from the sixteen ratings firms that are currently covering the stock, MarketBeat reports. Nine analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $119.77.

Several analysts have weighed in on the stock. Truist Financial dropped their price objective on shares of WEC Energy Group from $114.00 to $113.00 and set a “hold” rating for the company in a research note on Friday. Weiss Ratings downgraded WEC Energy Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 25th. JPMorgan Chase & Co. upped their target price on WEC Energy Group from $120.00 to $124.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. KeyCorp cut their target price on shares of WEC Energy Group from $117.00 to $111.00 and set an “overweight” rating on the stock in a research note on Tuesday. Finally, Stephens set a $109.00 price objective on WEC Energy Group in a research note on Friday.

WEC Energy Group Stock Performance

Shares of WEC stock opened at $108.75 on Wednesday. The company has a market capitalization of $35.44 billion, a price-to-earnings ratio of 18.90, a PEG ratio of 2.18 and a beta of 0.45. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.39 and a current ratio of 0.53. The company has a 50-day simple moving average of $105.37 and a 200 day simple moving average of $110.90. WEC Energy Group has a 52 week low of $99.80 and a 52 week high of $119.91.

WEC Energy Group (NYSE:WEC) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.11. The firm had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $2.11 billion. WEC Energy Group had a net margin of 16.69% and a return on equity of 12.90%. The business’s revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.76 EPS. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, sell-side analysts predict that WEC Energy Group will post 5.60 earnings per share for the current year.

WEC Energy Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Friday, November 13th will be paid a $0.9525 dividend. The ex-dividend date is Friday, November 13th. This represents a $3.81 annualized dividend and a dividend yield of 3.5%. WEC Energy Group’s dividend payout ratio is presently 73.84%.

Insiders Place Their Bets

In other WEC Energy Group news, Director Ulice Payne, Jr. sold 980 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $105.58, for a total value of $103,468.40. Following the completion of the transaction, the director owned 19,588 shares in the company, valued at $2,068,101.04. This represents a 4.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.46% of the company’s stock.

Institutional Investors Weigh In On WEC Energy Group

Large investors have recently added to or reduced their stakes in the company. Pure Financial Advisors LLC boosted its position in shares of WEC Energy Group by 3.9% in the fourth quarter. Pure Financial Advisors LLC now owns 2,319 shares of the utilities provider’s stock valued at $245,000 after acquiring an additional 86 shares during the period. Hibernia Wealth Partners LLC lifted its stake in shares of WEC Energy Group by 3.3% in the 1st quarter. Hibernia Wealth Partners LLC now owns 3,367 shares of the utilities provider’s stock valued at $390,000 after acquiring an additional 106 shares during the last quarter. Kestra Private Wealth Services LLC increased its position in shares of WEC Energy Group by 0.3% in the first quarter. Kestra Private Wealth Services LLC now owns 36,196 shares of the utilities provider’s stock valued at $4,190,000 after acquiring an additional 112 shares during the period. Gryphon Financial Partners LLC increased its holdings in WEC Energy Group by 4.0% during the 1st quarter. Gryphon Financial Partners LLC now owns 3,056 shares of the utilities provider’s stock valued at $354,000 after purchasing an additional 118 shares during the period. Finally, 1ST Source Bank raised its holdings in shares of WEC Energy Group by 4.0% during the first quarter. 1ST Source Bank now owns 3,141 shares of the utilities provider’s stock valued at $364,000 after acquiring an additional 120 shares in the last quarter. Hedge funds and other institutional investors own 77.20% of the company’s stock.

WEC Energy Group News Roundup

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

• Positive Sentiment: WEC declared a quarterly common-stock dividend of $0.9525 per share, payable December 1 to shareholders of record November 13. The annualized dividend is $3.81, representing an approximately 3.6% yield and reinforcing the utility’s income appeal. WEC Energy Group declares quarterly dividend
• Positive Sentiment: KeyCorp raised its third-quarter 2026 EPS forecast for WEC to $1.00 from $0.89, while maintaining an “Overweight” rating and a $111 price target. The increase suggests analysts see better near-term earnings potential. Full-year consensus EPS is approximately $5.60.
• Positive Sentiment: An analyst also boosted the company’s fiscal 2026 EPS estimate, providing additional support for the earnings outlook. FY2026 EPS Estimate for WEC Energy Group Boosted by Analyst
• Neutral Sentiment: WEC’s utility subsidiary, Wisconsin Electric, declared dividends on two preferred-stock series. These payments demonstrate continued capital-return activity but do not directly change the value of WEC common shares. Wisconsin Electric declares quarterly dividends
• Negative Sentiment: Truist lowered its price target to $113 from $114 and maintained a “Hold” rating, indicating only moderate expected appreciation from the current trading level.
• Negative Sentiment: KeyBanc reduced its WEC price target to $111, while Goldman Sachs cut its target to $107 from $110. The target reductions point to cautious views on valuation or the utility-sector outlook. KeyBanc cuts WEC Energy target

WEC Energy Group Company Profile

WEC Energy Group, Inc is an energy holding company that provides electricity and natural gas to residential, commercial, and industrial customers. Its operations include electric generation, transmission, distribution, and natural gas distribution, as well as related energy infrastructure and renewable energy activities.

The company serves customers primarily in Wisconsin and parts of Michigan, Minnesota, and Illinois through utilities including We Energies, Wisconsin Public Service, Upper Michigan Energy Resources, Minnesota Energy Resources, North Shore Gas, and Peoples Gas.