Zacks Research Brokers Lower Earnings Estimates for WEC

WEC Energy Group, Inc. (NYSE:WEC) – Zacks Research reduced their Q1 2026 earnings per share (EPS) estimates for WEC Energy Group in a research note issued on Tuesday, February 25th. Zacks Research analyst R. Department now expects that the utilities provider will earn $2.25 per share for the quarter, down from their previous estimate 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.

A number of other equities analysts have also issued reports on the company. Bank of America raised WEC Energy Group from an “underperform” rating to a “neutral” rating and increased their price target for the company from $90.00 to $98.00 in a research note on Thursday, December 12th. Wells Fargo & Company raised their target price on WEC Energy Group from $112.00 to $115.00 and gave the company an “overweight” rating in a research note on Wednesday, February 5th. Scotiabank boosted their price target on shares of WEC Energy Group from $103.00 to $110.00 and gave the stock a “sector outperform” rating in a research report on Monday, December 9th. Barclays upgraded shares of WEC Energy Group from an “underweight” rating to an “equal weight” rating and raised their price objective for the company from $89.00 to $93.00 in a research report on Thursday, January 2nd. Finally, BMO Capital Markets boosted their target price on shares of WEC Energy Group from $95.00 to $100.00 and gave the stock a “market perform” rating in a report on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $101.88.

WEC Energy Group Price Performance

NYSE WEC opened at $106.73 on Friday. WEC Energy Group has a 12 month low of $76.78 and a 12 month high of $107.14. The firm has a market capitalization of $33.91 billion, a PE ratio of 22.10, a P/E/G ratio of 2.60 and a beta of 0.49. The company’s 50 day simple moving average is $98.94 and its 200 day simple moving average is $96.93. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.60 and a quick ratio of 0.43.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of WEC. Mirae Asset Global Investments Co. Ltd. grew its stake in WEC Energy Group by 45.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,209 shares of the utilities provider’s stock valued at $1,925,000 after acquiring an additional 6,355 shares in the last quarter. State of Alaska Department of Revenue boosted its holdings in shares of WEC Energy Group by 6.9% during the third quarter. State of Alaska Department of Revenue now owns 36,720 shares of the utilities provider’s stock worth $3,531,000 after purchasing an additional 2,370 shares during the period. Diversify Advisory Services LLC purchased a new position in WEC Energy Group during the third quarter valued at approximately $395,000. Fidelis Capital Partners LLC acquired a new position in WEC Energy Group in the 3rd quarter valued at approximately $237,000. Finally, First Trust Direct Indexing L.P. lifted its position in WEC Energy Group by 13.2% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 11,800 shares of the utilities provider’s stock worth $1,135,000 after buying an additional 1,378 shares in the last quarter. Hedge funds and other institutional investors own 77.20% of the company’s stock.

Insider Activity at WEC Energy Group

In other WEC Energy Group news, Director Ulice Payne, Jr. sold 1,150 shares of the business’s stock in a transaction on Monday, February 24th. The shares were 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. The trade was a 4.98 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.34% of the stock is owned by insiders.

WEC Energy Group Cuts Dividend

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

WEC Energy Group Company Profile

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.