WWEC Energy Group is a regulated utility that provides electricity and natural gas to about 4.4 million customers across four states. It operates a vertically integrated system, handling generation, transmission, and delivery, with rates and services overseen by public service commissions to allow stable cost recovery and returns on investments. The company is transitioning its energy mix by retiring older coal-fired plants and increasing investments in renewable energy and natural gas. Its goal is to maintain reliable service while growing earnings through regulated investments and a cleaner energy portfolio.
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Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Milwaukee, WI
Founded
2015
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WEC Energy raises 2026 earnings forecast on warm weather. WEC Energy Group Inc. (WEC) raised its 2026 earnings forecast to $5.60 to $5.64 per share on Oct. 29, after third-quarter net income rose to $389.3 million, or $1.18 per diluted share. By Yash Upadhyaya Oct 29, 2026 Key takeaways. * WEC Energy Group Inc. (WEC) said on Oct. 29 it now expects 2026 earnings of $5.60 to $5.64 per share, from $5.51 to $5.61 previously. Third-quarter net income rose to $389.3 million, or $1.18 per diluted share, from $271.3 million, or 83 cents, a year earlier. The company cited warmer-than-normal weather. WEC Energy Group Inc. (WEC) raised its 2026 earnings forecast on Oct. 29, as warmer-than-normal weather lifted third-quarter results. The company said in a press release furnished with an 8-K filing that it now expects $5.60 to $5.64 per share. Third-quarter net income attributed to common shareholders rose to $389.3 million, or $1.18 per diluted share, from $271.3 million, or 83 cents, a year earlier. Here's how the company did: * Diluted EPS: $1.18 vs. 83 cents a year earlier * Revenue: $2,290.6 million vs. $2,104.0 million a year earlier For the nine months ended Sept. 30, net income rose to $1.49 billion, or $4.54 per diluted share, from $1.24 billion, or $3.85, a year earlier. Consolidated revenues totaled $7.8 billion, up $523.9 million from the same period in 2025. 2026 guidance. The company is raising and narrowing its 2026 earnings guidance to a range of $5.60 to $5.64 per share, from the $5.51 to $5.61 range it gave on July 29. The forecast assumes normal weather for the rest of the year. The company said the change is largely due to favorable weather and capital investment supported by Very Large Customers, or VLCs, in Wisconsin. "Our strong results were driven by warmer-than-normal weather, execution of our capital plan and operating efficiency," Chairman, president and CEO Scott Lauber said. "Our continued focus on the fundamentals of our business is creating value for our customers and stockholders. We remain on track to deliver solid financial and operational performance in 2026." Sales and capital spending. Retail electricity deliveries, excluding the iron ore mine in Michigan's Upper Peninsula and VLCs in Wisconsin, rose 3.3% in the third quarter from a year earlier. On a weather-normal basis, they rose 0.4%, the company said in the filing. Residential electricity use rose 5.1%. Small commercial and industrial use rose 3.5%, and large commercial and industrial use, excluding the iron ore mine and VLCs, rose 1.0%. For the nine months, net cash provided by operating activities was $3.41 billion, compared with $2.95 billion a year earlier. Capital expenditures, including AFUDC-Debt, were $3.32 billion, the filing showed. Long-term debt stood at $19.72 billion on Sept. 30, up from $18.50 billion at Dec. 31, 2025, according to the company's balance sheet. The company will hold a conference call at 1 p.m. Central time on Oct. 29 to review third-quarter earnings and its outlook.
WEC Energy Group in talks for 400-megawatt data center project. Milwaukee Journal Sentinel Oct. 29, 2026, 3:29 p.m. CT WEC Energy Group, parent company of We Energies and the Wisconsin Public Service Corporation, is in discussions for a new hyperscale data center project in the state. In an Oct. 29 earnings call, the energy company announced its updated five-year capital plan that includes another 400 megawatts of demand from a new data center developer. That would be in addition to projected demand from the campuses under construction in Mount Pleasant and Port Washington. WEC Energy Group CEO Scott Lauber did not reveal who is behind the project, where it would be located, or whether it consists of a single site or many. Sites within both We Energies' and Wisconsin Public Service's territories are under consideration, he said. "You've got to make sure you have a community that's excited about it and interested in it," Lauber said during the earnings call. "You've got to make sure the transmission lines are available, the capacity - there's a lot of factors going in." WEC Energy Group will announce more details in the future, he added. At 400 megawatts, this data center company would use less energy than Microsoft's Mount Pleasant campus or the Port Washington facilities being built by Vantage, Oracle and OpenAI. The Port Washington project could use up to 3.5 gigawatts at full build-out - nearly nine times more power. Still, it's more than the 220-megawatt Meta data center under construction in Beaver Dam and equivalent to powering over 200,000 homes. We Energies' new special electric rate, modified and approved by state regulators in April, applies to data centers that use at least 100 megawatts. It's intended to protect existing customers from data center-related energy costs. Wisconsin Public Service does not have a such a rate structure in place. It's also unclear if the data center project includes potential expansion beyond the five-year window of WEC Energy Group's capital plan. Under the updated capital plan, WEC Energy Group expects to invest $47.5 billion in new capital projects between 2027 and 2031. That's an increase of $10 billion, or 26%, from its 2026-30 estimates. Projected transmission investments also jumped $1.2 billion. WEC Energy Group has 60% ownership of American Transmission Co., the power line company that serves eastern Wisconsin. "The majority of this increase is being driven and therefore paid for by our very large customers" - data centers, Lauber said. We Energies' data center build-out has already begun, with billions of dollars in newly approved solar, wind, natural gas and battery storage facilities. Still more are pending regulatory approval. Francesca Pica can be reached at [email protected].
Equitable Holdings Inc. purchased a new stake in WEC Energy Group, Inc. (NYSE:WEC – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 9,122 shares of the utilities provider’s stock, valued at approximately $1,065,000. Other large investors have also recently modified their holdings of the company. Godfrey Financial Associates Inc. bought a […]
WEC Energy Group (NYSE:WEC) Downgraded to "Neutral" Rating by LADENBURG THALM/SH SH. August 4, 2026 Key points. * LADENBURG THALM/SH SH downgraded WEC Energy Group from "buy" to "neutral" and set a $110.50 price target, implying only about 1% upside from the prior close. * Analyst sentiment remains generally positive, with a consensus rating of "Moderate Buy" and an average price target of $122.41, although several firms maintain "hold" or lower ratings. * WEC reported quarterly EPS of $0.91, exceeding the $0.80 consensus estimate, while revenue of $2.06 billion fell short of expectations. Institutional investors own 77.2% of the company, and an executive recently sold 4,665 shares. * MarketBeat previews top five stocks to own in September. WEC Energy Group (NYSE:WEC - Get Free Report) was downgraded by equities researchers at LADENBURG THALM/SH SH from a "buy" rating to a "neutral" rating in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. They currently have a $110.50 price objective on the utilities provider's stock. LADENBURG THALM/SH SH's target price points to a potential upside of 1.03% from the stock's previous close. WEC has been the topic of several other research reports. Wells Fargo & Company reiterated an "overweight" rating and set a $127.00 price objective on shares of WEC Energy Group in a research report on Tuesday, April 21st. Wall Street Zen cut shares of WEC Energy Group from a "hold" rating to a "sell" rating in a research report on Sunday, May 24th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of WEC Energy Group in a research report on Friday, June 26th. BMO Capital Markets dropped their price objective on shares of WEC Energy Group from $120.00 to $117.00 and set a "market perform" rating for the company in a research note on Wednesday, July 22nd. Finally, Barclays boosted their price objective on shares of WEC Energy Group from $111.00 to $117.00 and gave the company an "equal weight" rating in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $122.41. WEC Energy Group trading down 0.0%. Shares of WEC Energy Group stock opened at $109.38 on Tuesday. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.53 and a quick ratio of 0.39. The business has a fifty day simple moving average of $113.78 and a two-hundred day simple moving average of $113.80. WEC Energy Group has a 1 year low of $102.95 and a 1 year high of $119.91. The company has a market capitalization of $35.63 billion, a price-to-earnings ratio of 21.20, a P/E/G ratio of 1.89 and a beta of 0.47. WEC Energy Group (NYSE:WEC - Get Free Report) last posted its earnings results on Wednesday, July 29th. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.11. The company had revenue of $2.06 billion during the quarter, compared to analysts' expectations of $2.11 billion. WEC Energy Group had a net margin of 16.69% and a return on equity of 12.90%. WEC Energy Group's quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.76 EPS. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. Research analysts forecast that WEC Energy Group will post 5.59 EPS for the current year. Insiders place their bets. In other news, EVP Daniel Krueger sold 4,665 shares of the firm'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 owned 7,346 shares of the company's stock, valued at approximately $815,112.16. This trade represents a 38.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.46% of the stock is owned by insiders. Institutional inflows and outflows. A number of large investors have recently modified their holdings of WEC. Empowered Funds LLC boosted its holdings in WEC Energy Group by 16.9% during the first quarter. Empowered Funds LLC now owns 16,698 shares of the utilities provider's stock worth $1,820,000 after purchasing an additional 2,417 shares during the last quarter. Woodline Partners LP grew its stake in WEC Energy Group by 41.3% in the 1st quarter. Woodline Partners LP now owns 26,839 shares of the utilities provider's stock valued at $2,925,000 after purchasing an additional 7,841 shares during the period. Cerity Partners LLC increased its position in shares of WEC Energy Group by 7.3% during the 2nd quarter. Cerity Partners LLC now owns 44,286 shares of the utilities provider's stock valued at $4,616,000 after purchasing an additional 3,006 shares during the last quarter. Qube Research & Technologies Ltd increased its position in shares of WEC Energy Group by 477.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 333,552 shares of the utilities provider's stock valued at $34,756,000 after purchasing an additional 275,786 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of WEC Energy Group by 8.8% during the 2nd quarter. NewEdge Advisors LLC now owns 58,364 shares of the utilities provider's stock worth $6,082,000 after purchasing an additional 4,730 shares during the period. Institutional investors own 77.20% of the company's stock. About WEC Energy Group. 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. Further reading. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider WEC Energy Group, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WEC Energy Group wasn't on the list. While WEC Energy Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
Argent Capital Management LLC takes position in WEC Energy Group, Inc. $WEC. August 1, 2026 Argent Capital Management LLC purchased a new position in WEC Energy Group, Inc. (NYSE:WEC - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 155,296 shares of the utilities provider's stock, valued at approximately $17,979,000. Several other institutional investors and hedge funds have also modified their holdings of WEC. Oak Thistle LLC acquired a new stake in shares of WEC Energy Group in the fourth quarter worth $5,363,000. BLB&B Advisors LLC purchased a new stake in WEC Energy Group in the fourth quarter valued at $6,096,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in WEC Energy Group by 24.9% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 53,220 shares of the utilities provider's stock valued at $5,613,000 after purchasing an additional 10,606 shares during the last quarter. NBC Securities Inc. grew its position in WEC Energy Group by 5,040.6% during the 4th quarter. NBC Securities Inc. now owns 32,386 shares of the utilities provider's stock worth $3,415,000 after purchasing an additional 31,756 shares during the period. Finally, Pictet Asset Management Holding SA grew its position in WEC Energy Group by 195.1% during the 4th quarter. Pictet Asset Management Holding SA now owns 482,309 shares of the utilities provider's stock worth $50,864,000 after purchasing an additional 318,846 shares during the period. Hedge funds and other institutional investors own 77.20% of the company's stock. More WEC Energy Group news. Here are the key news stories impacting WEC Energy Group this week: * Positive Sentiment: WEC reported second-quarter 2026 adjusted earnings of $0.91 per share, exceeding the $0.80 analyst consensus and rising from $0.76 a year earlier. Rate-base growth, infrastructure investment and stronger commercial electricity demand helped lift profitability. WEC Energy Group Announces Q2 and First Half 2026 Financial Results * Positive Sentiment: Management reaffirmed its 2026 earnings guidance of approximately $5.51 to $5.61 per share, consistent with the current analyst consensus near $5.59. The company also highlighted a roughly $37.5 billion capital investment plan, which is intended to expand the rate base and support future regulated growth. WEC Energy Group Q2 2026 Earnings Call Highlights * Positive Sentiment: Growing electricity needs from commercial customers and potential additional data centers in Wisconsin could provide incremental long-term demand and strengthen the case for investment in generation and transmission capacity. WEC Energy Says More Data Centers May Be Coming to Wisconsin * Neutral Sentiment: Brokerages collectively maintain a "Moderate Buy" recommendation, suggesting analysts remain generally constructive but are not signaling an overwhelming near-term catalyst. WEC Energy Group Receives Moderate Buy Recommendation * Negative Sentiment: Revenue of approximately $2.06 billion fell short of the roughly $2.11 billion consensus estimate. Although revenue increased year over year, the miss and unchanged guidance appear to be weighing on the shares after the earnings release. WEC Energy Beats Earnings Forecast but Revenue Miss and Outlook Weigh on Shares Analysts set new price targets. Several equities analysts have recently issued reports on the company. Barclays boosted their price objective on WEC Energy Group from $111.00 to $117.00 and gave the company an "equal weight" rating in a report on Monday, April 20th. Wells Fargo & Company reiterated an "overweight" rating and set a $127.00 price target on shares of WEC Energy Group in a research report on Tuesday, April 21st. Weiss Ratings reissued a "buy (b)" rating on shares of WEC Energy Group in a report on Friday, June 26th. Wall Street Zen lowered WEC Energy Group from a "hold" rating to a "sell" rating in a research report on Sunday, May 24th. Finally, Truist Financial raised their price objective on shares of WEC Energy Group from $119.00 to $122.00 and gave the stock a "hold" rating in a research note on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $123.20. Discover more Company News Cryptocurrency News Insider buying and selling at WEC Energy Group. In related news, EVP Daniel Krueger sold 4,665 shares of the company's stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $110.96, for a total value of $517,628.40. Following the completion of the sale, the executive vice president owned 7,346 shares of the company's stock, valued at approximately $815,112.16. This represents a 38.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.46% of the company's stock. WEC Energy Group stock down 0.4%. Shares of NYSE WEC opened at $109.64 on Friday. The stock has a market cap of $35.71 billion, a PE ratio of 21.25, a P/E/G ratio of 1.91 and a beta of 0.47. The company has a current ratio of 0.53, a quick ratio of 0.54 and a debt-to-equity ratio of 1.35. WEC Energy Group, Inc. has a 12-month low of $102.95 and a 12-month high of $119.91. The company has a 50-day moving average of $113.86 and a 200 day moving average of $113.71. WEC Energy Group (NYSE:WEC - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.11. WEC Energy Group had a return on equity of 12.90% and a net margin of 16.69%.The business had revenue of $2.06 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same period in the prior year, the business earned $0.76 earnings per share. The business's revenue was up 2.6% compared to the same quarter last year. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. As a group, sell-side analysts predict that WEC Energy Group, Inc. will post 5.59 EPS for the current fiscal year. WEC Energy Group dividend announcement. The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be issued a dividend of $0.9525 per share. This represents a $3.81 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Friday, August 14th. WEC Energy Group's payout ratio is currently 73.84%. About WEC Energy Group. 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. Want to see what other hedge funds are holding WEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WEC Energy Group, Inc. (NYSE:WEC - Free Report). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider WEC Energy Group, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WEC Energy Group wasn't on the list. While WEC Energy Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. Discover the 10 Best High-Yield Dividend Stocks for 2026 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
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Industries
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Milwaukee, WI
Founded
2015
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs