WEC Energy Group, Inc. (NYSE:WEC) Stock Rated “Moderate Buy” by Wall Street Analysts

WEC Energy Group, Inc. (NYSE:WEC) has been assigned an average rating of “Moderate Buy” from the sixteen research firms that are presently covering the stock, MarketBeat reports. Nine analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $119.77.

A number of equities research analysts have recently commented on WEC shares. Truist Financial cut their target price on WEC Energy Group from $114.00 to $113.00 and set a “hold” rating on the stock in a research note on Friday. BMO Capital Markets reiterated a “market perform” rating on shares of WEC Energy Group in a research report on Friday. JPMorgan Chase & Co. increased their price target on shares of WEC Energy Group from $120.00 to $124.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. KeyCorp reduced their target price on shares of WEC Energy Group from $117.00 to $111.00 and set an “overweight” rating for the company in a report on Tuesday, October 13th. Finally, Stephens set a $109.00 price target on WEC Energy Group in a report on Friday.

Insider Buying and Selling

In other WEC Energy Group news, Director Ulice Payne, Jr. sold 980 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $105.58, for a total transaction 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 trade represents a 4.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.46% of the company’s stock.

Institutional Investors Weigh In On WEC Energy Group

A number of hedge funds have recently bought and sold shares of WEC. Annex Advisory Services LLC increased its holdings in WEC Energy Group by 8.6% during the second quarter. Annex Advisory Services LLC now owns 121,431 shares of the utilities provider’s stock valued at $14,179,000 after buying an additional 9,591 shares during the period. Sterling Capital Management LLC grew its position in WEC Energy Group by 106.3% during the 1st quarter. Sterling Capital Management LLC now owns 44,046 shares of the utilities provider’s stock worth $5,099,000 after purchasing an additional 22,697 shares during the last quarter. DAVENPORT & Co LLC increased its position in shares of WEC Energy Group by 15.3% in the 2nd quarter. DAVENPORT & Co LLC now owns 96,430 shares of the utilities provider’s stock valued at $11,260,000 after acquiring an additional 12,773 shares during the period. GSA Capital Partners LLP acquired a new position in WEC Energy Group in the 2nd quarter worth approximately $2,783,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in WEC Energy Group in the second quarter valued at $3,773,000. 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 Price Performance

WEC opened at $108.75 on Wednesday. The stock has a fifty day simple moving average of $105.37 and a two-hundred day simple moving average of $110.87. The company has a current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.35. The company has a market cap of $35.44 billion, a price-to-earnings ratio of 21.08, a price-to-earnings-growth ratio of 2.24 and a beta of 0.45. WEC Energy Group has a 12-month low of $99.80 and a 12-month high of $119.91.

WEC Energy Group (NYSE:WEC) last announced its 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 net margin of 16.69% and a return on equity of 12.90%. The firm had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same quarter in the previous year, the business posted $0.76 EPS. The company’s quarterly revenue 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. Research analysts predict that WEC Energy Group will post 5.60 earnings per share for the current fiscal year.

WEC Energy Group Dividend Announcement

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

About WEC Energy Group

WEC Energy Group, Inc is an energy holding company headquartered in Milwaukee, Wisconsin. Through its operating companies, the company generates and delivers electricity and provides natural gas distribution, storage and related energy services to residential, commercial and industrial customers.

WEC Energy’s principal utility businesses include We Energies and Wisconsin Public Service in Wisconsin, Michigan Gas Utilities, Minnesota Energy Resources, Upper Michigan Energy Resources and North Dakota utility operations.