Q1 EPS Estimates for WEC Energy Group Cut by Zacks Research

WEC Energy Group, Inc. (NYSE:WEC - Free Report) - Analysts at Zacks Research dropped their Q1 2026 earnings per share (EPS) estimates for WEC Energy Group in a research note issued to investors on Tuesday, February 25th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings per share of $2.25 for the quarter, down from their prior 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.

WEC Energy Group (NYSE:WEC - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The utilities provider reported $1.43 earnings per share for the quarter, missing the consensus estimate 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 analyst estimates of $2.50 billion. During the same quarter in the previous year, the business posted $1.10 EPS. The company's revenue was up 3.0% compared to the same quarter last year.

Several other equities research analysts have also recently commented on WEC. Bank of America raised WEC Energy Group from an "underperform" rating to a "neutral" rating and lifted their target price for the company from $90.00 to $98.00 in a research note on Thursday, December 12th. Wells Fargo & Company raised their price target on WEC Energy Group from $112.00 to $115.00 and gave the company an "overweight" rating in a report on Wednesday, February 5th. Barclays raised WEC Energy Group from an "underweight" rating to an "equal weight" rating and boosted their price objective for the stock from $89.00 to $93.00 in a report on Thursday, January 2nd. KeyCorp raised their target price on shares of WEC Energy Group from $108.00 to $109.00 and gave the company an "overweight" rating in a research note on Wednesday, December 4th. Finally, BMO Capital Markets lifted their price target on shares of WEC Energy Group from $95.00 to $100.00 and gave the stock a "market perform" rating in a research report on Wednesday, February 5th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $101.88.

WEC Energy Group Trading Down 2.6 %

WEC stock traded down $2.86 during trading on Friday, hitting $105.50. The company had a trading volume of 3,444,519 shares, compared to its average volume of 2,236,591. The firm has a 50-day moving average price of $99.21 and a 200-day moving average price of $97.17. WEC Energy Group has a 12 month low of $77.47 and a 12 month high of $108.87. The company has a quick ratio of 0.43, a current ratio of 0.60 and a debt-to-equity ratio of 1.37. The stock has a market cap of $33.52 billion, a price-to-earnings ratio of 21.84, a PEG ratio of 2.60 and a beta of 0.49.

Institutional Investors Weigh In On WEC Energy Group

Hedge funds have recently modified their holdings of the business. Siemens Fonds Invest GmbH acquired a new position in shares of WEC Energy Group in the fourth quarter valued at approximately $10,775,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of WEC Energy Group during the fourth quarter worth about $11,596,000. Talaria Asset Management Pty Ltd bought a new position in shares of WEC Energy Group during the 4th quarter worth approximately $53,970,000. LifeWealth Investments LLC bought a new position in shares of WEC Energy Group in the 4th quarter valued at about $200,000. Finally, Heck Capital Advisors LLC bought a new stake in shares of WEC Energy Group in the 4th quarter valued at about $1,139,000. Institutional investors and hedge funds 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 WEC Energy Group stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $104.17, for a total transaction of $119,795.50. Following the transaction, the director now directly owns 21,951 shares in the company, valued at approximately $2,286,635.67. The trade was a 4.98 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.34% of the company's stock.

WEC Energy Group Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Investors of record on Friday, February 14th were paid a dividend of $0.835 per share. This represents a $3.34 annualized dividend and a yield of 3.17%. The ex-dividend date of this dividend was Friday, February 14th. WEC Energy Group's payout ratio is 73.91%.

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.