WEC Energy Group (NYSE:WEC) Posts Earnings Results, Beats Estimates By $0.11 EPS

WEC Energy Group (NYSE:WEC) issued its quarterly earnings data on Wednesday. The utilities provider reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11, FiscalAI reports. WEC Energy Group had a return on equity of 12.72% and a net margin of 16.25%.The business had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same period last year, the business earned $0.76 EPS. The firm’s revenue was up 2.6% compared to the same quarter last year. WEC Energy Group updated its FY 2026 guidance to 5.510-5.610 EPS.

WEC Energy Group Stock Performance

Shares of WEC traded down $1.24 during mid-day trading on Wednesday, hitting $112.37. The company’s stock had a trading volume of 649,094 shares, compared to its average volume of 2,113,145. The stock’s 50-day moving average is $113.96 and its two-hundred day moving average is $113.66. The firm has a market capitalization of $36.60 billion, a PE ratio of 22.43, a price-to-earnings-growth ratio of 1.97 and a beta of 0.47. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.54 and a current ratio of 0.68. WEC Energy Group has a one year low of $102.95 and a one year high of $119.91.

WEC Energy Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be given a $0.9525 dividend. This represents a $3.81 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Friday, August 14th. WEC Energy Group’s dividend payout ratio is currently 76.05%.

Analyst Upgrades and Downgrades

Several brokerages have commented on WEC. Wells Fargo & Company reiterated an “overweight” rating and set a $127.00 price target on shares of WEC Energy Group in a report on Tuesday, April 21st. Weiss Ratings restated a “buy (b)” rating on shares of WEC Energy Group in a research note on Friday, June 26th. Barclays raised their target price on shares of WEC Energy Group from $111.00 to $117.00 and gave the company an “equal weight” rating in a research note on Monday, April 20th. JPMorgan Chase & Co. lifted their target price on shares of WEC Energy Group from $120.00 to $124.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. Finally, Truist Financial boosted their target price on shares of WEC Energy Group from $119.00 to $122.00 and gave the stock a “hold” rating in a research report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, WEC Energy Group presently has an average rating of “Moderate Buy” and an average price target of $123.20.

Key Stories Impacting WEC Energy Group

Here are the key news stories impacting WEC Energy Group this week:

• Positive Sentiment: Second-quarter EPS beat expectations. WEC reported earnings of $0.91 per share, up from $0.76 a year earlier and above the $0.80 analyst consensus. Net income increased to $299.2 million from $245.4 million, indicating improved profitability. WEC Energy Group Q2 Earnings Beat Estimates
• Positive Sentiment: First-half results strengthened. For the first six months of 2026, WEC posted $3.36 in EPS, compared with $3.02 in the prior-year period. Quarterly revenue also grew 2.6% year over year to $2.06 billion. WEC Energy Group Reports Second-Quarter Results
• Positive Sentiment: Regulatory and data-center demand could support growth. An investment analysis argues that Wisconsin’s VLC tariff may speed data-center approvals and support high-return, long-term contracts, improving WEC’s load-growth and earnings prospects relative to Dominion. Swapping Dominion for WEC Energy Group
• Neutral Sentiment: Full-year guidance remains broadly in line with expectations. WEC reaffirmed or updated 2026 EPS guidance to $5.51-$5.61, with the $5.56 midpoint slightly below the $5.59 consensus estimate. This suggests limited near-term estimate upside despite the quarterly beat. WEC Energy Group Earnings and Guidance
• Negative Sentiment: Revenue missed analysts’ forecast. Second-quarter revenue of $2.06 billion fell short of the $2.11 billion consensus, tempering the impact of the EPS beat and highlighting potential limits to near-term top-line growth. WEC Energy Q2 Earnings Snapshot

Insider Transactions at WEC Energy Group

In related news, EVP Daniel Krueger sold 4,665 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $110.96, for a total transaction of $517,628.40. Following the completion of the transaction, the executive vice president directly owned 7,346 shares in the company, valued at $815,112.16. This represents a 38.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.46% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Moors & Cabot Inc. raised its position in shares of WEC Energy Group by 1.7% during the third quarter. Moors & Cabot Inc. now owns 5,511 shares of the utilities provider’s stock valued at $632,000 after buying an additional 93 shares during the last quarter. State of Wyoming grew its holdings in shares of WEC Energy Group by 5.7% during the 2nd quarter. State of Wyoming now owns 1,762 shares of the utilities provider’s stock worth $184,000 after purchasing an additional 95 shares in the last quarter. Stonebridge Capital Advisors LLC increased its position in shares of WEC Energy Group by 1.4% during the fourth quarter. Stonebridge Capital Advisors LLC now owns 6,808 shares of the utilities provider’s stock valued at $718,000 after purchasing an additional 96 shares during the period. Brown Brothers Harriman & Co. increased its position in shares of WEC Energy Group by 3.3% during the fourth quarter. Brown Brothers Harriman & Co. now owns 3,347 shares of the utilities provider’s stock valued at $353,000 after purchasing an additional 106 shares during the period. Finally, Loomis Sayles & Co. L P raised its stake in shares of WEC Energy Group by 17.0% in the fourth quarter. Loomis Sayles & Co. L P now owns 770 shares of the utilities provider’s stock valued at $81,000 after purchasing an additional 112 shares in the last quarter. Institutional investors own 77.20% of the company’s stock.

WEC Energy Group Company Profile

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.