Q1 EPS Forecast for WEC Energy Group Increased by Analyst

WEC Energy Group, Inc. (NYSE:WEC) – Research analysts at Zacks Research boosted their Q1 2025 earnings per share (EPS) estimates for WEC Energy Group in a research report issued to clients and investors on Monday, December 23rd. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $2.23 per share for the quarter, up from their prior forecast of $2.17. The consensus estimate for WEC Energy Group’s current full-year earnings is $4.89 per share. Zacks Research also issued estimates for WEC Energy Group’s Q3 2025 earnings at $0.86 EPS, Q4 2025 earnings at $1.36 EPS, Q1 2026 earnings at $2.30 EPS and Q3 2026 earnings at $1.03 EPS.

Several other research analysts have also recently weighed in on WEC. Barclays boosted their target price on WEC Energy Group from $86.00 to $89.00 and gave the stock an “underweight” rating in a report on Monday, October 7th. Wells Fargo & Company upped their target price on WEC Energy Group from $103.00 to $106.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. StockNews.com upgraded WEC Energy Group from a “sell” rating to a “hold” rating in a report on Friday, November 1st. BMO Capital Markets upped their price objective on shares of WEC Energy Group from $97.00 to $104.00 and gave the company a “market perform” rating in a report on Monday, December 2nd. Finally, Bank of America raised shares of WEC Energy Group from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $90.00 to $98.00 in a research report on Thursday, December 12th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $98.00.

WEC Energy Group Stock Performance

WEC opened at $95.04 on Wednesday. WEC Energy Group has a twelve month low of $75.13 and a twelve month high of $102.79. The firm has a market capitalization of $30.07 billion, a PE ratio of 23.24, a PEG ratio of 2.59 and a beta of 0.46. The company has a current ratio of 0.65, a quick ratio of 0.46 and a debt-to-equity ratio of 1.37. The firm’s 50-day moving average price is $97.61 and its 200 day moving average price is $91.11.

WEC Energy Group (NYSE:WEC) last announced its quarterly earnings data on Thursday, October 31st. The utilities provider reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.12. WEC Energy Group had a return on equity of 11.72% and a net margin of 15.14%. The company had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same quarter last year, the firm posted $1.00 EPS. The firm’s revenue for the quarter was down 4.8% on a year-over-year basis.

Hedge Funds Weigh In On WEC Energy Group

A number of institutional investors and hedge funds have recently modified their holdings of the company. Mizuho Securities USA LLC lifted its holdings in WEC Energy Group by 106,685.0% during the 3rd quarter. Mizuho Securities USA LLC now owns 26,000,000 shares of the utilities provider’s stock worth $2,500,680,000 after buying an additional 25,975,652 shares during the last quarter. Geode Capital Management LLC raised its position in shares of WEC Energy Group by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 7,952,851 shares of the utilities provider’s stock worth $762,453,000 after acquiring an additional 105,580 shares in the last quarter. Wellington Management Group LLP lifted its stake in WEC Energy Group by 17,270.5% during the third quarter. Wellington Management Group LLP now owns 4,718,179 shares of the utilities provider’s stock worth $453,794,000 after purchasing an additional 4,691,017 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in WEC Energy Group by 102.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,776,071 shares of the utilities provider’s stock valued at $362,971,000 after purchasing an additional 1,912,223 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in WEC Energy Group by 36.7% in the second quarter. American Century Companies Inc. now owns 2,566,001 shares of the utilities provider’s stock valued at $201,328,000 after purchasing an additional 688,812 shares in the last quarter. Institutional investors and hedge funds own 77.20% of the company’s stock.

Insiders Place Their Bets

In other WEC Energy Group news, Director Gale E. Klappa sold 40,269 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $99.56, for a total transaction of $4,009,181.64. Following the sale, the director now owns 273,248 shares in the company, valued at $27,204,570.88. This represents a 12.84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Scott J. Lauber sold 6,720 shares of WEC Energy Group stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $100.89, for a total value of $677,980.80. Following the completion of the transaction, the chief executive officer now owns 45,709 shares of the company’s stock, valued at $4,611,581.01. The trade was a 12.82 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 48,794 shares of company stock worth $4,866,579 over the last three months. Company insiders own 0.44% of the company’s stock.

WEC Energy Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Friday, February 14th will be given a $0.8925 dividend. This is an increase from WEC Energy Group’s previous quarterly dividend of $0.84. This represents a $3.57 annualized dividend and a yield of 3.76%. The ex-dividend date is Friday, February 14th. WEC Energy Group’s payout ratio is currently 87.29%.

About WEC Energy Group

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.