WEC Energy Group, Inc. (NYSE:WEC) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of WEC Energy Group, Inc. (NYSE:WEC) have received a consensus rating of “Moderate Buy” from the eighteen ratings firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $120.6667.

Several research analysts recently weighed in on WEC shares. Argus raised shares of WEC Energy Group to a “strong-buy” rating in a report on Monday, February 9th. Weiss Ratings restated a “buy (b)” rating on shares of WEC Energy Group in a research report on Monday, December 29th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $127.00 price objective on shares of WEC Energy Group in a research note on Friday, January 23rd. Wells Fargo & Company cut their target price on WEC Energy Group from $124.00 to $117.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Finally, UBS Group decreased their target price on WEC Energy Group from $119.00 to $115.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th.

WEC Energy Group Price Performance

Shares of NYSE:WEC opened at $115.91 on Tuesday. The company has a market capitalization of $37.73 billion, a P/E ratio of 24.00, a P/E/G ratio of 2.78 and a beta of 0.58. WEC Energy Group has a 1-year low of $100.61 and a 1-year high of $118.18. The firm’s 50 day simple moving average is $110.97 and its two-hundred day simple moving average is $110.55. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.59 and a quick ratio of 0.44.

WEC Energy Group (NYSE:WEC) last announced its quarterly earnings data on Thursday, February 5th. The utilities provider reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.03. The firm had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.19 billion. WEC Energy Group had a net margin of 15.90% and a return on equity of 12.40%. The company’s revenue for the quarter was down 8.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.43 earnings per share. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. Research analysts expect that WEC Energy Group will post 5.23 EPS for the current fiscal year.

Insider Activity at WEC Energy Group

In other news, Director Gale E. Klappa sold 5,000 shares of WEC Energy Group stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $116.55, for a total transaction of $582,750.00. Following the sale, the director owned 276,600 shares in the company, valued at $32,237,730. This trade represents a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Ulice Payne, Jr. sold 1,450 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $114.60, for a total transaction of $166,170.00. Following the completion of the transaction, the director directly owned 20,541 shares in the company, valued at $2,353,998.60. This trade represents a 6.59% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 42,354 shares of company stock valued at $4,855,505. Corporate insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in WEC. Pure Financial Advisors LLC lifted 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 worth $245,000 after buying an additional 86 shares in the last quarter. CVA Family Office LLC grew its holdings in WEC Energy Group by 25.4% during the 3rd quarter. CVA Family Office LLC now owns 440 shares of the utilities provider’s stock valued at $50,000 after buying an additional 89 shares in the last quarter. Blossom Wealth Management grew its holdings in WEC Energy Group by 1.4% during the 3rd quarter. Blossom Wealth Management now owns 6,439 shares of the utilities provider’s stock valued at $738,000 after buying an additional 90 shares in the last quarter. Inscription Capital LLC increased its stake in WEC Energy Group by 4.7% in the 4th quarter. Inscription Capital LLC now owns 2,036 shares of the utilities provider’s stock worth $215,000 after acquiring an additional 91 shares during the last quarter. Finally, Moors & Cabot Inc. increased its stake in WEC Energy Group by 1.7% in the 3rd quarter. Moors & Cabot Inc. now owns 5,511 shares of the utilities provider’s stock worth $632,000 after acquiring an additional 93 shares during the last quarter. Institutional investors own 77.20% of the company’s stock.

WEC Energy Group Company Profile

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.