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 6,823 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
133% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 7 (+4) [Q3]
70% more first-time investments, than exits
New positions opened: 146 | Existing positions closed: 86
26% more repeat investments, than reductions
Existing positions increased: 424 | Existing positions reduced: 336
24% more capital invested
Capital invested by funds: $19.9B [Q2] → $24.7B (+$4.87B) [Q3]
9.38% more ownership
Funds ownership: 80.28% [Q2] → 89.66% (+9.38%) [Q3]
5% more funds holding
Funds holding: 1,064 [Q2] → 1,112 (+48) [Q3]
47% less call options, than puts
Call options by funds: $68.3M | Put options by funds: $129M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$93
6%
downside
Avg. target
$103
4%
upside
High target
$110
11%
upside
5 analyst ratings
2 positive
40%
3 neutral
60%
0 negative
0%
Barclays Nicholas Campanella 68% 1-year accuracy 50 / 74 met price target | 6%downside $93 | Equal-Weight Upgraded | 2 Jan 2025 |
B of A Securities Julien Dumoulin-Smith 54% 1-year accuracy 39 / 72 met price target | 1%downside $98 | Neutral Upgraded | 12 Dec 2024 |
Scotiabank Andrew Weisel 50% 1-year accuracy 14 / 28 met price target | 11%upside $110 | Sector Outperform Maintained | 9 Dec 2024 |
Keybanc Sophie Karp 46% 1-year accuracy 19 / 41 met price target | 10%upside $109 | Overweight Maintained | 4 Dec 2024 |
BMO Capital James Thalacker 68% 1-year accuracy 52 / 76 met price target | 5%upside $104 | Market Perform Maintained | 2 Dec 2024 |
Financial journalist opinion
Based on 8 articles about WEC published over the past 30 days
Neutral
PRNewsWire
4 days ago
Wisconsin Electric declares quarterly dividends
MILWAUKEE , Jan. 16, 2025 /PRNewswire/ -- The Wisconsin Electric board of directors today declared a quarterly cash dividend of 90 cents per share on the company's Preferred Stock, 3.60% Series, payable March 1, 2025, to stockholders of record on Feb. 14, 2025. The board also declared a quarterly cash dividend of $1.50 per share on the company's Six Per Cent Preferred Stock, payable April 30, 2025, to stockholders of record on April 14, 2025.
Neutral
PRNewsWire
4 days ago
WEC Energy Group raises quarterly dividend by 6.9 percent
MILWAUKEE , Jan. 16, 2025 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 89.25 cents per share on the company's common stock, an increase of 6.9 percent over the current quarterly dividend of 83.50 cents per share. This raises the annual dividend rate to $3.57 per share.
Neutral
Zacks Investment Research
5 days ago
IBDRY or WEC: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Iberdrola S.A. (IBDRY) and WEC Energy Group (WEC).
Positive
Zacks Investment Research
1 week ago
Down -5.14% in 4 Weeks, Here's Why You Should You Buy the Dip in WEC Energy (WEC)
WEC Energy (WEC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Positive
Seeking Alpha
2 weeks ago
My Top 10 Utilities For 2025
Long-term rates have risen, creating potential buying opportunities for utilities like AEP, AWK, AWR, BKH, ES, EVRG, SJW, WEC, WTRG, and XEL. These utilities have strong fundamentals, attractive valuations, and investment-grade balance sheets, offering potential total returns of 20% to 56% by 2025. Despite rate sensitivity, these utilities are well-positioned for long-term growth with secure dividends and robust balance sheets.
Positive
Seeking Alpha
2 weeks ago
My Top 10 High-Yield Dividend Stocks For January 2025
SPY ends 2024 on a sour note but with a total gain of 24.89%. The top 10 stocks on the watchlist for January 2025 offer a 3.45% 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 16.33% since its inception in November 2020.
Positive
Zacks Investment Research
3 weeks ago
Here's Why You Should Add WEC Energy Stock to Your Portfolio Now
WEC makes a strong case for investment, given its growth prospects, return on equity, debt management and capability to increase shareholders' value.
Positive
Zacks Investment Research
3 weeks ago
All You Need to Know About WEC Energy (WEC) Rating Upgrade to Buy
WEC Energy (WEC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
1 month ago
ETR or WEC: Which Is the Better Value Stock Right Now?
Investors with an interest in Utility - Electric Power stocks have likely encountered both Entergy (ETR) and WEC Energy Group (WEC). But which of these two stocks is more attractive to value investors?
Neutral
PRNewsWire
1 month ago
WEC Energy Group Announces Pricing Terms of Its Cash Tender Offer
MILWAUKEE , Dec. 19, 2024 /CNW/ - WEC Energy Group, Inc. (NYSE: WEC) ("WEC Energy Group") today announced the pricing terms of the previously announced upsized cash tender offer (the "Tender Offer") for $400,000,000 in aggregate principal amount (the "Aggregate Maximum Principal Amount") of the outstanding senior notes listed in the table below (the "Securities"). The table below summarizes certain information regarding the Securities and the Tender Offer, including the order of priority and purchase price information for the Securities.
Charts implemented using Lightweight Charts™