Key Points
- Director Ulice Payne Jr. sold 1,450 shares on Feb. 24 at an average price of $114.60 for a total of $166,170, reducing his stake by 6.59% to 20,541 shares (about $2.35M).
- WEC raised its quarterly dividend to $0.9525 from $0.89 (annualized $3.81), giving a ~3.3% yield; the dividend is payable Mar. 1 with record/ex-div date Feb. 13.
- Recent results and guidance: WEC reported $1.42 EPS (beat) and $2.54B revenue (beat but down 8.8% YoY) for the quarter, set FY2026 EPS guidance of $5.510–5.610, and carries a consensus analyst rating of "Moderate Buy" with a $120.07 target.
WEC Energy Group, Inc. (NYSE:WEC - Get Free Report) Director Ulice Payne, Jr. sold 1,450 shares of WEC Energy Group stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $114.60, for a total transaction of $166,170.00. Following the completion of the transaction, the director owned 20,541 shares in the company, valued at approximately $2,353,998.60. This represents a 6.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.
WEC Energy Group Stock Performance
Shares of WEC traded up $0.45 during mid-day trading on Thursday, hitting $115.87. 194,558 shares of the company's stock were exchanged, compared to its average volume of 2,344,642. The company has a current ratio of 0.59, a quick ratio of 0.44 and a debt-to-equity ratio of 1.35. WEC Energy Group, Inc. has a fifty-two week low of $100.61 and a fifty-two week high of $118.18. The business's 50 day moving average is $109.38 and its two-hundred day moving average is $110.17. The firm has a market capitalization of $37.72 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 (NYSE:WEC - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The utilities provider reported $1.42 EPS for the quarter, beating the consensus estimate of $1.39 by $0.03. WEC Energy Group had a return on equity of 12.40% and a net margin of 15.90%.The firm had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.19 billion. During the same period in the prior year, the business earned $1.43 EPS. The firm's revenue was down 8.8% compared to the same quarter last year. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, equities analysts expect that WEC Energy Group, Inc. will post 5.23 earnings per share for the current year.
WEC Energy Group Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Friday, February 13th will be issued a dividend of $0.9525 per share. This is a boost from WEC Energy Group's previous quarterly dividend of $0.89. This represents a $3.81 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, February 13th. WEC Energy Group's dividend payout ratio is 78.88%.
Institutional Investors Weigh In On WEC Energy Group
Hedge funds and other institutional investors have recently modified their holdings of the stock. MidFirst Bank purchased a new stake in shares of WEC Energy Group during the 4th quarter worth approximately $51,000. Astoria Portfolio Advisors LLC. raised its holdings in WEC Energy Group by 28.7% during the fourth quarter. Astoria Portfolio Advisors LLC. now owns 2,391 shares of the utilities provider's stock worth $277,000 after purchasing an additional 533 shares during the last quarter. Pacer Advisors Inc. boosted its position in WEC Energy Group by 32.5% during the fourth quarter. Pacer Advisors Inc. now owns 35,938 shares of the utilities provider's stock worth $3,790,000 after purchasing an additional 8,806 shares in the last quarter. Drake & Associates LLC grew its holdings in WEC Energy Group by 9.6% in the fourth quarter. Drake & Associates LLC now owns 10,214 shares of the utilities provider's stock valued at $1,077,000 after purchasing an additional 892 shares during the last quarter. Finally, GuidedMoney LLC acquired a new stake in WEC Energy Group in the fourth quarter valued at $246,000. 77.20% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on WEC shares. Scotiabank upped their price objective on shares of WEC Energy Group from $129.00 to $130.00 and gave the stock an "outperform" rating in a research report on Friday, October 31st. Bank of America set a $116.00 price target on shares of WEC Energy Group in a report on Wednesday, December 31st. UBS Group lowered their price objective on WEC Energy Group from $119.00 to $115.00 and set a "neutral" rating on the stock in a report on Wednesday, December 17th. BTIG Research reiterated a "buy" rating and set a $135.00 target price on shares of WEC Energy Group in a research report on Friday, January 30th. Finally, BMO Capital Markets reissued a "market perform" rating and issued a $121.00 price target on shares of WEC Energy Group in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, WEC Energy Group currently has an average rating of "Moderate Buy" and a consensus target price of $120.07.
Get Our Latest Stock Analysis on WEC Energy Group
WEC Energy Group Company Profile
(
Get Free Report)
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.
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