WEC Energy
About: WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 48% electric generation and distribution, 36% gas distribution, 10% electric transmission, and 6% unregulated renewable energy.
Employees: 7,000
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
95% more first-time investments, than exits
New positions opened: 144 | Existing positions closed: 74
43% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 10 (+3) [Q4]
25% more repeat investments, than reductions
Existing positions increased: 436 | Existing positions reduced: 350
2% more funds holding
Funds holding: 1,117 [Q3] → 1,135 (+18) [Q4]
2% less capital invested
Capital invested by funds: $24.7B [Q3] → $24.3B (-$421M) [Q4]
7.81% less ownership
Funds ownership: 89.67% [Q3] → 81.85% (-7.81%) [Q4]
32% less call options, than puts
Call options by funds: $39.9M | Put options by funds: $58.6M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$93
11%
downside
Avg. target
$104
0%
upside
High target
$115
11%
upside
6 analyst ratings
3 positive
50%
3 neutral
50%
0 negative
0%
BMO Capital James Thalacker 80% 1-year accuracy 60 / 75 met price target | 4%downside $100 | Market Perform Maintained | 5 Feb 2025 |
Wells Fargo Neil Kalton 70% 1-year accuracy 35 / 50 met price target | 11%upside $115 | Overweight Maintained | 5 Feb 2025 |
Barclays Nicholas Campanella 64% 1-year accuracy 50 / 78 met price target | 11%downside $93 | Equal-Weight Upgraded | 2 Jan 2025 |
B of A Securities Julien Dumoulin-Smith 55% 1-year accuracy 87 / 158 met price target | 6%downside $98 | Neutral Upgraded | 12 Dec 2024 |
Scotiabank Andrew Weisel 75% 1-year accuracy 21 / 28 met price target | 6%upside $110 | Sector Outperform Maintained | 9 Dec 2024 |
Financial journalist opinion
Based on 10 articles about WEC published over the past 30 days
Positive
Seeking Alpha
1 week ago
WEC Energy: Capitalizing On AI And Energy Infrastructure Expansion
WEC Energy is poised to benefit from the AI boom, with energy consumption expected to grow significantly, driving demand for its services. The company has a diversified portfolio and plans to increase its focus on electricity generation and distribution while reducing natural gas distribution. Despite declining revenues, WEC Energy has improved operational efficiency, growing earnings per share and offering an attractive 3.5% dividend yield.
Positive
Seeking Alpha
1 week ago
AES: A Contrarian Idea Amid WEC Energy's Solid 2024 Earnings
Wisconsin-focused regulated utility WEC Energy Group, Inc. released its fourth-quarter and full-year 2024 earnings last Tuesday. After an initial negative reaction to the results, WEC shares have rebounded and are now trading back above $100, or a blended price-to-earnings ratio of almost 21. I discuss WEC's latest results and its longer-term prospects, as well as my stance on WEC stock going forward – especially against the backdrop of its premium valuation.
Neutral
Seeking Alpha
1 week ago
WEC Energy: Buy Now After The Latest Dividend Hike
WEC Energy Group just raised its quarterly dividend per share for the 22nd consecutive year. The electric and gas utility should be able to deliver on its 6.5% to 7% annual adjusted diluted EPS growth forecast. WEC Energy's financial health can support its five-year $28 billion capital spending plan.
Negative
Zacks Investment Research
2 weeks ago
WEC Energy Q4 Earnings Miss Estimates, Revenues Rise Y/Y
WEC's fourth-quarter 2024 earnings and revenues increase year over year. Total operating expenses decline during the same period.
Neutral
Seeking Alpha
2 weeks ago
WEC Energy Group, Inc. (WEC) Q4 2024 Earnings Call Transcript
WEC Energy Group, Inc. (NYSE:WEC ) Q4 2024 Earnings Conference Call February 4, 2025 2:00 PM ET Company Participants Scott Lauber - President and Chief Executive Officer Xia Liu - Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Bill Appicelli - UBS Durgesh Chopra - Evercore ISI Carly Davenport - Goldman Sachs Julien Dumoulin-Smith - Jefferies Andrew Weisel - Scotiabank Michael Sullivan - Wolfe Research Jeremy Tonet - JPMorgan Paul Fremont - Ladenburg Paul Patterson - Glenrock Associates Operator Good afternoon, and welcome to the WEC Energy Group's Conference Call for Fourth Quarter and Year-End 2024 Results. This call is being recorded for rebroadcast and all participants are in a listen-only mode at this time.
Negative
Zacks Investment Research
2 weeks ago
WEC Energy Group (WEC) Q4 Earnings and Revenues Lag Estimates
WEC Energy Group (WEC) came out with quarterly earnings of $1.43 per share, missing the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.10 per share a year ago.
Neutral
PRNewsWire
2 weeks ago
WEC Energy Group posts 2024 results
MILWAUKEE , Feb. 4, 2025 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income based on generally accepted accounting principles (GAAP) of $1.5 billion, or $4.83 per share, for 2024. This compares to earnings of $1.3 billion, or $4.22 per share, for 2023.
Positive
Seeking Alpha
2 weeks ago
My Top 10 High-Yield Dividend Stocks For February 2025
SPY kicks off 2025 with a gain of 2.67% in January. VYM is off to an even better start with a gain of 3.75%. The top 10 stocks on the watchlist for February 2025 offer a 3.43% dividend yield, nearly triple that of the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 15.95% since its inception in November 2020.
Positive
Zacks Investment Research
3 weeks ago
IBDRY vs. WEC: Which Stock Should Value Investors Buy Now?
Investors looking for stocks in the Utility - Electric Power sector might want to consider either Iberdrola S.A. (IBDRY) or WEC Energy Group (WEC).
Neutral
PRNewsWire
3 weeks ago
WEC Energy Group to announce 2024 fourth-quarter and year-end financial results Feb. 4
MILWAUKEE , Jan. 28, 2025 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2024 fourth-quarter and full-year earnings news release before the stock market opens Tuesday, Feb. 4. A conference call for investors and security analysts is scheduled for the same day at 1 p.m.
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