WEC Energy Group (NYSE:WEC) Stock Rating Cut to Sell at Wall Street Zen

Wall Street Zen downgraded shares of WEC Energy Group (NYSE:WEC) from a hold rating to a sell rating in a research report sent to investors on Saturday,Wall Street Zen reports.

A number of other equities analysts have also weighed in on WEC. Jefferies Financial Group decreased their target price on WEC Energy Group from $120.00 to $116.00 and set a “hold” rating on the stock in a research note on Wednesday, October 21st. BMO Capital Markets reaffirmed a “market perform” rating and issued a $117.00 price target (down from $120.00) on shares of WEC Energy Group in a report on Friday, October 16th. Wells Fargo & Company lifted their price target on WEC Energy Group from $127.00 to $129.00 and gave the company an “overweight” rating in a research report on Friday. Weiss Ratings lowered WEC Energy Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, September 25th. Finally, Royal Bank Of Canada decreased their price objective on shares of WEC Energy Group from $124.00 to $122.00 and set a “sector perform” rating on the stock in a research report on Monday, October 26th. Eight equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $118.00.

WEC Energy Group Stock Performance

WEC Energy Group stock opened at $116.19 on Friday. The firm’s 50 day simple moving average is $105.85 and its 200 day simple moving average is $111.43. The company has a current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.34. The firm has a market capitalization of $37.86 billion, a PE ratio of 21.09, a price-to-earnings-growth ratio of 2.39 and a beta of 0.45. WEC Energy Group has a 1-year low of $99.80 and a 1-year high of $119.91.

WEC Energy Group (NYSE:WEC) last announced its quarterly earnings results on Thursday, October 29th. The utilities provider reported $1.18 EPS for the quarter, beating the consensus estimate of $0.97 by $0.21. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.27 billion. WEC Energy Group had a net margin of 17.54% and a return on equity of 13.49%. The business’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period last year, the firm earned $0.83 EPS. As a group, analysts expect that WEC Energy Group will post 5.61 earnings per share for the current fiscal year.

WEC Energy Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be given a dividend of $0.9525 per share. This represents a $3.81 annualized dividend and a yield of 3.3%. The ex-dividend date is Friday, November 13th. WEC Energy Group’s dividend payout ratio is presently 69.15%.

Insider Activity

In other WEC Energy Group news, Director Ulice Payne, Jr. sold 980 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $105.58, for a total value of $103,468.40. Following the completion of the sale, the director owned 19,588 shares in the company, valued at approximately $2,068,101.04. The trade was a 4.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.46% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in WEC. Annex Advisory Services LLC raised its holdings in WEC Energy Group by 8.6% in the 2nd quarter. Annex Advisory Services LLC now owns 121,431 shares of the utilities provider’s stock valued at $14,179,000 after acquiring an additional 9,591 shares during the last quarter. DAVENPORT & Co LLC lifted its stake in WEC Energy Group by 15.3% in the 2nd quarter. DAVENPORT & Co LLC now owns 96,430 shares of the utilities provider’s stock worth $11,260,000 after purchasing an additional 12,773 shares in the last quarter. GSA Capital Partners LLP acquired a new position in shares of WEC Energy Group during the 2nd quarter worth approximately $2,783,000. Y Intercept Hong Kong Ltd acquired a new position in shares of WEC Energy Group during the 2nd quarter worth approximately $3,773,000. Finally, Hsbc Holdings PLC grew its position in shares of WEC Energy Group by 16.9% in the second quarter. Hsbc Holdings PLC now owns 617,881 shares of the utilities provider’s stock valued at $72,303,000 after purchasing an additional 89,140 shares in the last quarter. Institutional investors own 77.20% of the company’s stock.

WEC Energy Group News Summary

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

• Positive Sentiment: Third-quarter earnings beat expectations. WEC reported $1.18 in adjusted EPS versus the $0.97 analyst consensus, while revenue rose 8.9% year over year to $2.29 billion. Net income increased to $389.3 million from $271.3 million, supported by strong electricity demand, favorable weather and operating efficiencies. WEC Energy Group reports third-quarter results
• Positive Sentiment: Management raised its 2026 earnings guidance, reinforcing confidence in continued demand growth and execution. The guidance increase, combined with the quarterly earnings beat, is a key catalyst for investor optimism. WEC raises 2026 earnings guidance
• Positive Sentiment: WEC outlined a $47.5 billion 2027–2031 capital plan and is targeting annual EPS growth of 7% to 9% or more. The investment program could expand the regulated asset base and support long-term earnings and dividend growth. WEC capital plan and EPS growth targets
• Positive Sentiment: Analysts raised their price targets and issued constructive ratings. Scotiabank lifted its target to $128 with a “sector outperform” rating, while Wells Fargo raised its target to $129 and maintained an “overweight” rating. The revised targets imply approximately 10%–11% potential upside from the referenced price.
• Neutral Sentiment: WEC is reportedly in discussions regarding a 400-megawatt data-center project. Securing the project could create additional electricity demand, although the talks have not resulted in a confirmed agreement. WEC data-center project discussions
• Neutral Sentiment: HSBC initiated coverage with a “hold” rating, providing a more cautious view that offsets some of the recent bullish analyst actions.

WEC Energy Group Company Profile

WEC Energy Group, Inc is an energy holding company headquartered in Milwaukee, Wisconsin. Through its operating companies, the company generates and delivers electricity and provides natural gas distribution, storage and related energy services to residential, commercial and industrial customers.

WEC Energy’s principal utility businesses include We Energies and Wisconsin Public Service in Wisconsin, Michigan Gas Utilities, Minnesota Energy Resources, Upper Michigan Energy Resources and North Dakota utility operations.