WEC Energy Group (NYSE:WEC) Azioni

WEC Energy Group

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 49% electric generation and distribution, 34% gas distribution, 10% electric transmission, and 7% unregulated renewable energy.

WEC Energy Gr

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Scopri quali azioni dei servizi pubblici, WEC Energy e Consolidated Edison, potrebbero influenzare il mercato nel terzo trimestre 2024.

2 azioni dei servizi pubblici da monitorare nel Q3 del 2024

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>HC Wainwright &amp; Co. analyst Mitchell Kapoor downgraded Sarepta Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRPT#NASDAQ">SRPT</a>) from Neutral to Sell and lowered the price target from $40 to $10. Sarepta Therapeutics shares closed at $18.98 on Tuesday. <a href="https://www.benzinga.com/quote/SRPT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BTIG analyst Gregory Lewis downgraded the rating for NuScale Power Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) from Buy to Neutral. NuScale Power shares closed at $43.24 on Tuesday. <a href="https://www.benzinga.com/quote/SMR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Goldman Sachs analyst Carly Davenport downgraded WEC Energy Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) from Neutral to Sell and lowered the price target from $106 to $100. WEC Energy shares closed at $105.36 on Tuesday. <a href="https://www.benzinga.com/quote/WEC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Macquarie analyst James Hong downgraded the rating for Honda Motor Co., Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) from Outperform to Neutral. Honda Motor shares closed at $28.88 on Tuesday. <a href="https://www.benzinga.com/quote/HMC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays analyst Julien Roch downgraded Omnicom Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMC#NYSE">OMC</a>) from Overweight to Equal-Weight and lowered the price target from $105 to $80. Omnicom Group shares closed at $72.48 on Tuesday. <a href="https://www.benzinga.com/quote/OMC/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying SRPT stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/srpt/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="635" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25101702/image-386-1024x635.png" alt="" class="wp-image-961722" style="width:653px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25101702/image-386-1024x635.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25101702/image-386-300x186.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25101702/image-386-768x477.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25101702/image-386.png 1107w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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Downgrades

Analyst Ratings

SRPT

This Sarepta Therapeutics Analyst Turns Bearish; Here Are Top 5 Downgrades For Wednesday

WEC Energy Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $108.25, along with a high estimate of $124.00 and a low estimate of $100.00. This current average has increased by 1.64% from the previous average price target of $106.50. 
<img src="https://www.benzinga.com/files/images/story/2025/1750856433_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The analysis of recent analyst actions sheds light on the perception of WEC Energy Group by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Carly Davenport</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Sell</td>
<td>$100.00</td>
<td>$106.00</td>
</tr>
<tr>
<td>Neil Kalton</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$124.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Nicholas Campanella</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$101.00</td>
<td>$99.00</td>
</tr>
<tr>
<td>Jeremy Tonet</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$108.00</td>
<td>$106.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to WEC Energy Group. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of WEC Energy Group compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of WEC Energy Group's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of WEC Energy Group's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/WEC/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on WEC Energy Group analyst ratings.</a>
<h2>Unveiling the Story Behind WEC Energy Group</h2>
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 49% electric generation and distribution, 34% gas distribution, 10% electric transmission, and 7% unregulated renewable energy.
<h3>WEC Energy Group: Delving into Financials</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: WEC Energy Group's revenue growth over a period of 3M has been noteworthy. As of 31 March, 2025, the company achieved a revenue growth rate of approximately 17.51%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Utilities sector.
Net Margin: WEC Energy Group's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 22.99%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): WEC Energy Group's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.71%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): WEC Energy Group's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.52%, the company showcases efficient use of assets and strong financial health.
Debt Management: WEC Energy Group's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.58.
<h2>The Basics of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing WEC Energy Group: Insights From 4 Financial Analysts

Goldman Sachs analyst Carly Davenport downgrades WEC Energy Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) from Neutral to Sell and lowers the price target from $106 to $100.

Price Target

Goldman Sachs Downgrades WEC Energy Group to Sell, Lowers Price Target to $100

General

We Energies  To Extend Operating Lives Of Units 7 And 8 At Oak Creek Power Plant Through End Of 2026, Postponing Retirement Date From End Of 2025

WEC Energy Group's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) short percent of float has fallen 13.21% since its last report. The company recently reported that it has 11.42 million shares sold short, which is 4.14% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.21 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>WEC Energy Group Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749664837_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for WEC Energy Group has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing WEC Energy Group's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, WEC Energy Group's peer group average for short interest as a percentage of float is 3.02%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Is the Market Bullish or Bearish on WEC Energy Group?

Reported Earlier, WEC Energy Group Upsizes Convertible Notes Offering To $775M, Pricing 3.375% Senior Notes Due 2028

WEC Energy Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) today announced that it intends to offer, subject to market and other conditions, $700,000,000 in aggregate principal amount of its convertible senior notes due 2028 (the "convertible notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In addition, WEC Energy Group expects to grant the initial purchasers of the convertible notes an option to purchase, within a 13-day period beginning on, and including, the date the convertible notes are first issued, up to an additional $105,000,000 in aggregate principal amount of the convertible notes.
Final terms of the convertible notes, including the initial conversion price, interest rate and certain other terms of the convertible notes, will be determined at the time of pricing. The convertible notes will be senior, unsecured obligations of WEC Energy Group. Interest on the convertible notes will be paid semiannually. The convertible notes will mature on June 1, 2028, unless earlier converted or repurchased in accordance with their terms.

WEC Energy Group To Offer $700M In Convertible Senior Notes Due 2028

WEC Energy Group's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) short percent of float has risen 9.26% since its last report. The company recently reported that it has 13.35 million shares sold short, which is 4.84% of all regular shares that are available for trading. Based on its trading volume, it would take traders 7.57 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>WEC Energy Group Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748268024_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for WEC Energy Group has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing WEC Energy Group's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, WEC Energy Group's peer group average for short interest as a percentage of float is 2.94%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

The security of publicly traded U.S. solar companies is in focus as Chinese communication devices were found in critical renewable energy infrastructure, particularly power inverters.
What Happened: These devices, discovered during security checks of equipment, bypass typical firewall protections despite remote access capabilities being standard for updates and maintenance, reported Reuters.
Communication devices have been found in the batteries of several Chinese suppliers over the last nine months, as per the report.
The U.S. Department of Energy said that while these features and functionality &#8220;may not have malicious intent, it is critical for those procuring to have a full understanding of the capabilities of the products received.&#8221;
Some U.S.-based solar companies that could be in focus by the presence of undocumented devices in their supply include the following.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Stocks</td>
<td>YTD Performance</td>
<td>One-Year Performance</td>
</tr>
<tr>
<td>NextEra Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>)</td>
<td>0.81%</td>
<td>-6.31%</td>
</tr>
<tr>
<td>First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>)</td>
<td>3.49%</td>
<td>0.55%</td>
</tr>
<tr>
<td>Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>)</td>
<td>24.39%</td>
<td>5.05%</td>
</tr>
<tr>
<td>CMS Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMS#NYSE">CMS</a>)</td>
<td>3.40%</td>
<td>9.21%</td>
</tr>
<tr>
<td>Primoris Services Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRIM#NYSE">PRIM</a>)</td>
<td>-0.08%</td>
<td>49.85%</td>
</tr>
<tr>
<td>WEC Energy Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>)</td>
<td>8.78%</td>
<td>20.24%</td>
</tr>
<tr>
<td>Duke Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>)</td>
<td>4.30%</td>
<td>8.81%</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/25/05/45404821/dollar-correction-imminent-sans-tariffs-to-reduce-the-us-trade-deficit-says-peter-schiff-minor-decline-would-make-trade-deficit-larger">Peter Schiff Warns Only Major Dollar Decline Or High Tariffs Can Cut US Trade Deficit — But Inflation And Rates Will Soar</a>
Why It Matters: Citing national security concerns, two U.S. Senators introduced the Decoupling from Foreign Adversarial Battery Dependence Act in February 2025. This action prohibited the Department of Homeland Security from procuring batteries from some Chinese entities, effective October 2027.
The six Chinese companies targeted included Contemporary Amperex Technology Company, BYD Company, Envision Energy, EVE Energy Company, Hithium Energy Storage Technology Company, and Gotion High-tech Company.
Meanwhile, Huawei exited the U.S. market in 2019, but it remains a dominant supplier worldwide.
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, ended higher on Wednesday. The SPY was up 0.13% to $587.59, while the QQQ advanced 0.60% to $518.68, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
On Thursday, the futures of the S&amp;P 500, Dow Jones, and Nasdaq 100 indices were trading lower.
Read Next:
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<li><a href="https://www.benzinga.com/general/market-summary/25/05/45399940/warren-buffett-shows-how-patience-pays-98-of-his-160-billion-wealth-came-after-turning-65-thanks-the-power-of-compound-interest">Warren Buffett Shows How Patience Pays: 98% Of His $160 Billion Wealth Came After Turning 65, Thanks The Power Of &#8216;Compound Interest&#8217;</a></li>
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Image Via Shutterstock

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FSLR

PRIM

DOE Warns Of Hidden Risks As Chinese Devices In Power Inverters Sparks National Security Concerns: 7 Stocks That Could Be In Focus

JPMorgan&#8217;s Carly Davenport revised her estimates for four major U.S. utilities following <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/62fe1e3886af260001885587/carly-davenport">their first-quarter earnings</a>.
The analyst cited new capital expenditure opportunities tied to load growth, evolving regulatory and legislative developments, and the broader impact of policy uncertainty and macroeconomic conditions.
<h2 class="wp-block-heading">Duke Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>)</h2>
<ul class="wp-block-list">
<li>Duke Energy maintained a Neutral rating, while raising the price target from $122 to $125.</li>
<li>The Charlotte, North Carolina-based company highlighted an incremental nuclear license renewal at the Oconee plant that it could operate into the 2050s, along with upgrades at existing gas, hydro, and nuclear units to add more than 1 gigawatts of capacity, Davenport stated.</li>
<li>"Duke plans to file a merger application for the DEC and DEP utilities to streamline operations and realize cost efficiencies," she wrote.</li>
<li>The company expects the tariff impact at 1%-3% of its five-year capital plan, the analyst added.</li>
</ul>
<h2 class="wp-block-heading">Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>)</h2>
<ul class="wp-block-list">
<li>Sempra reiterated a Neutral rating, while lifting the price target from $76 to $78.</li>
<li>The San Diego-based company plans to add $12 billion to Oncor's capex plan, Davenport said.</li>
<li>"In California, SDG&amp;E and SoCalGas filed their 2026-2028 cost of capital applications with the CPUC and are anticipating a final decision by the end of 2025 with rates effective by the start of 2026," the analyst wrote.</li>
<li>The company estimates tariff risk as 2%-3% of its base capital plan, given its diverse supply chain, she added.</li>
</ul>
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
<h2 class="wp-block-heading">WEC Energy Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>)</h2>
<ul class="wp-block-list">
<li>WEC Energy Maintained a Neutral rating, while raising the price target from $101 to $106.</li>
<li>The Milwaukee-based company is bullish about economic growth in its service territories, "especially around the I-94 corridor," Davenport said.</li>
<li>"The company recently filed a new tariff with regulators in Wisconsin specifically for customers with 500 MW or higher loads," the analyst wrote.</li>
<li>The company estimates a 2-3% cost impact from tariffs, she added.</li>
</ul>
<h2 class="wp-block-heading">Dominion Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/D#NYSE">D</a>)</h2>
<ul class="wp-block-list">
<li>Dominion Energy reiterated a Neutral rating, while lifting the price target from $60 to $61.</li>
<li>Davenport said the company has 40 gigawatts of data center capacity in its pipeline and has not witnessed any slowdown in demand in its service territory.</li>
<li>"The company's Virginia Biennial Review filing was submitted at the end of 1Q25, and through the filing, D also proposed a new rate structure for high-volume customers (such as data centers)," the analyst wrote.</li>
<li>The Richmond, Virginia-based company indicated that it was difficult to quantify the tariff impact, as it would depend on the rates at the time of delivery, which is uncertain, she added.</li>
</ul>
At the time of publication on Tuesday:
<ul class="wp-block-list">
<li>Shares of Duke Energyhad declined by 1.60% to $114.01.</li>
<li>Shares of Semprahad risen by 0.44% to $76.03.</li>
<li>Shares of WEC Energyhad declined by 0.65% to $104.29.</li>
<li>Shares of Dominion Energy had declined by 1.06% to $54.30.</li>
</ul>
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/tech/25/05/45311929/plug-power-partners-up-with-basf-will-use-german-companys-purification-tech-to-liquify-hydrogen">Duke Energy&#8217;s Segment Strength Fuels Q1 Beat, Reaffirms Guidance</a></li>
</ul>
Image: Shutterstock

Analyst Color

Reiteration

Movers

4 Energy Companies Project Tariff Impact, Analyst Raises Price Targets After Q1 Results

Management

WEC Energy Group Appointed Michael Hooper Executive Vice President And Chief Operating Officer

Wells Fargo analyst Neil Kalton maintains WEC Energy Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) with a Overweight and raises the price target from $115 to $124.

Wells Fargo Maintains Overweight on WEC Energy Group, Raises Price Target to $124

Wall Street edged lower by midday Tuesday as uncertainty surrounding trade policies lingered, with investors adopting a cautious approach ahead of <a href="https://www.benzinga.com/topic/federal-reserve">Wednesday&#8217;s Federal Reserve meeting.</a>
In a meeting with Canadian Prime Minister Mark Carney, President Donald Trump suggested the U.S. may soon begin renegotiating the USMCA. He noted that China is eager to negotiate due to its struggling economy, driven by a lack of U.S. trade, but emphasized the talks would take place &#8220;at the right time.&#8221;
Trump kept his trade stance unclear, suggesting that while some agreements may be signed, there is no obligation to finalize any, and dismissed repeated questions about the number of deals in progress.
The S&amp;P 500 dipped 30 points, or 0.6%, to 5,610, on track for its second consecutive negative session after nine straight gains. The Nasdaq 100 dropped 0.8%, while the Russell 2000 slipped 1%.
Ten of the 11 S&amp;P 500 sectors were in the red, with utilities as the only sector in the green. The U.S. dollar fell, extending its losses for a third straight session.
Commodities saw a broad rally, with oil prices surging 3.6%, pushing WTI above $59, following <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45224883/oil-soars-above-59-as-middle-east-airstrikes-jolt-markets">Israeli airstrikes in Yemen</a>. Gold also rallied, climbing 2.4% to above $3,400 per ounce amid heightened geopolitical tensions.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) reversed Monday's gains, slipping 0.4% to $94,375.
<h1 class="wp-block-heading">Tuesday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day % chg</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,614.65</td>
<td>-0.6%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>40,905.06</td>
<td>-0.8%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,796.10</td>
<td>-0.9%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1,983.93</td>
<td colspan="2">-1.0%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:55 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 0.7% to $559.24.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) eased 0.8% to $409.01.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;fell 0.9% to $481.23.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) tumbled 1.1% to $196.68.</li>
<li>The&nbsp;Utilities&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) outperformed, up 1.2%; the&nbsp;Health Care&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) lagged, down 2.4%.</li>
</ul>
<h1 class="wp-block-heading">Tuesday&#8217;s Stock Movers</h1>
Stocks reacting to earnings reports included: 
<ul>
<li>Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) up 2.70%</li>
<li>The Clorox Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLX#NYSE">CLX</a>) down 2.31%</li>
<li>Coterra Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTRA#NYSE">CTRA</a>) down 9.95%</li>
<li>Vertex Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>) down 13.9%</li>
<li>Diamondback Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FANG#NASDAQ">FANG</a>) down 0.53%</li>
<li>Realty Income Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) down 0.68%</li>
<li>The Williams Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMB#NYSE">WMB</a>) down 5.19%</li>
<li>Celanese Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CE#NYSE">CE</a>) up 9.14%</li>
<li>Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>) down 7.37%</li>
<li>Lattice Semiconductor Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>) down 13.6%</li>
<li>Mattel Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>) up 3.61%</li>
<li>Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) down 13.6%</li>
<li>Duke Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>) up 2.24%</li>
<li>Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) up 10.94%</li>
<li>TransDigm Group Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>) down 5.67%</li>
<li>Marriott International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>) up 1.26%</li>
<li>Zoetis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTS#NYSE">ZTS</a>) down 3.32%</li>
<li>American Electric Power Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) up 0.52%</li>
<li>Marathon Petroleum Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPC#NYSE">MPC</a>) up 0.37%</li>
<li>Fidelity National Information Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIS#NYSE">FIS</a>) down 2.88%</li>
<li>WEC Energy Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) up 0.77%</li>
<li>Gartner, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IT#NYSE">IT</a>) up 1.14%</li>
<li>IQVIA Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IQV#NYSE">IQV</a>) down 1.32%</li>
<li>Archer-Daniels-Midland Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>) up 2.02%</li>
<li>Waters Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAT#NYSE">WAT</a>) down 4.43%</li>
<li>Leidos Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LDOS#NYSE">LDOS</a>) up 4.11%</li>
<li>Global Payments Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPN#NYSE">GPN</a>) down 1.43%</li>
<li>GlobalFoundries Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>) down 3.57%</li>
<li>Expeditors International of Washington, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXPD#NYSE">EXPD</a>) down 3.67%</li>
<li>Ball Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BALL#NYSE">BALL</a>) up 0.55%</li>
<li>Jacobs Solutions Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/J#NYSE">J</a>) down 5.56%</li>
</ul>
Stocks slated to report earnings after the close include: Assurant Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIZ#NYSE">AIZ</a>), Arista Networks Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>), Gen Digital Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEN#NASDAQ">GEN</a>), Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), International Flavors &amp; Fragrances Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IFF#NYSE">IFF</a>), Electronic Arts Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>), Mosaic Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOS#NYSE">MOS</a>), Corpay Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPAY#NYSE">CPAY</a>), Wynn Resorts Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>), Jack Henry &amp; Associates Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JKHY#NASDAQ">JKHY</a>), Devon Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>), Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), Coty Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) and Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>).
Read now: 
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<li><a href="https://www.benzinga.com/news/large-cap/25/05/45205780/sp-500-stocks-that-defy-sell-in-may-myth-5-companies-with-strong-historical-gains">S&amp;P 500 Stocks That Defy &#8216;Sell In May&#8217; Myth: 5 Companies With Strong Historical Gains</a></li>
</ul>
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Stocks Fall On Trade Concerns, Oil And Gold Rally: What's Driving Markets Tuesday?

WEC Energy Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) affirms FY2025 GAAP EPS guidance from $5.17-$5.27 to $5.17-$5.27 vs $5.24 analyst estimate..

Guidance

WEC Energy Group Affirms FY2025 GAAP EPS Guidance of $5.17-$5.27 vs $5.24 Est

WEC Energy Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) reported quarterly earnings of $2.27 per share which beat the analyst consensus estimate of $2.17 by 4.61 percent. This is a 15.23 percent increase over earnings of $1.97 per share from the same period last year. The company reported quarterly sales of $3.15 billion which beat the analyst consensus estimate of $2.82 billion by 11.53 percent. This is a 17.54 percent increase over sales of $2.68 billion the same period last year.

Earnings

Earnings Beats

WEC Energy Group Q1 EPS $2.27 Beats $2.17 Estimate, Sales $3.15B Beat $2.82B Estimate

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Earnings Scheduled For May 6, 2025

WEC Energy Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) is preparing to release its quarterly earnings on Tuesday, 2025-05-06. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect WEC Energy Group to report an earnings per share (EPS) of $2.16.
Investors in WEC Energy Group are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.00, which was followed by a 1.68% increase in the share price the next day.
Here's a look at WEC Energy Group's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.43</td>
<td>0.70</td>
<td>0.73</td>
<td>1.92</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.43</td>
<td>0.82</td>
<td>0.67</td>
<td>1.97</td>
</tr>
<tr>
<td>Price Change %</td>
<td>2.0%</td>
<td>0.0%</td>
<td>3.0%</td>
<td>1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1746453761_0.png" alt="eps graph" />
<h3>Market Performance of WEC Energy Group's Stock</h3>
Shares of WEC Energy Group were trading at $108.62 as of May 02. Over the last 52-week period, shares are up 28.16%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Observations about WEC Energy Group</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding WEC Energy Group.
The consensus rating for WEC Energy Group is Neutral, derived from 4 analyst ratings. An average one-year price target of $106.0 implies a potential 2.41% downside.
<h3>Peer Ratings Comparison</h3>
This comparison focuses on the analyst ratings and average 1-year price targets of Public Service Enterprise, Consolidated Edison and DTE Energy, three major players in the industry, shedding light on their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Buy trajectory for Public Service Enterprise, with an average 1-year price target of $91.44, suggesting a potential 15.82% downside.</li>
<li>Analysts currently favor an Neutral trajectory for Consolidated Edison, with an average 1-year price target of $104.8, suggesting a potential 3.52% downside.</li>
<li>Analysts currently favor an Neutral trajectory for DTE Energy, with an average 1-year price target of $142.0, suggesting a potential 30.73% upside.</li>
</ul>
<h3>Key Findings: Peer Analysis Summary</h3>
The peer analysis summary presents essential metrics for Public Service Enterprise, Consolidated Edison and DTE Energy, unveiling their respective standings within the industry and providing valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>WEC Energy Group</td>
<td>Neutral</td>
<td>3.01%</td>
<td>$1.02B</td>
<td>3.71%</td>
</tr>
<tr>
<td>Public Service Enterprise</td>
<td>Buy</td>
<td>16.74%</td>
<td>$1.12B</td>
<td>3.88%</td>
</tr>
<tr>
<td>Consolidated Edison</td>
<td>Neutral</td>
<td>12.10%</td>
<td>$2.64B</td>
<td>3.46%</td>
</tr>
<tr>
<td>DTE Energy</td>
<td>Neutral</td>
<td>37.04%</td>
<td>$1.21B</td>
<td>3.76%</td>
</tr>
</tbody>
</table>

Key Takeaway:
WEC Energy Group ranks in the middle among its peers for revenue growth. It is at the bottom for gross profit and return on equity.
<h3>Get to Know WEC Energy Group Better</h3>
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 49% electric generation and distribution, 34% gas distribution, 10% electric transmission, and 7% unregulated renewable energy.
<h3>Financial Insights: WEC Energy Group</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: WEC Energy Group displayed positive results in 3 months. As of 31 December, 2024, the company achieved a solid revenue growth rate of approximately 3.01%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Utilities sector.
Net Margin: WEC Energy Group's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 19.85%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): WEC Energy Group's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 3.71%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): WEC Energy Group's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.98%, the company showcases efficient use of assets and strong financial health.
Debt Management: WEC Energy Group's debt-to-equity ratio is below the industry average. With a ratio of 1.64, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<a href="https://www.benzinga.com/quote/WEC/earnings">To track all earnings releases for WEC Energy Group visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Preview: WEC Energy Group's Earnings

In the preceding three months, 4 analysts have released ratings for WEC Energy Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>), presenting a wide array of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $106.0, with a high estimate of $115.00 and a low estimate of $100.00. This current average reflects an increase of 2.91% from the previous average price target of $103.00. 
<img src="https://www.benzinga.com/files/images/story/2025/1745964048_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive WEC Energy Group. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nicholas Campanella</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$101.00</td>
<td>$99.00</td>
</tr>
<tr>
<td>Jeremy Tonet</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$108.00</td>
<td>$106.00</td>
</tr>
<tr>
<td>James Thalacker</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$100.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Neil Kalton</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$115.00</td>
<td>$112.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to WEC Energy Group. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of WEC Energy Group compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of WEC Energy Group's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of WEC Energy Group's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/WEC/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on WEC Energy Group analyst ratings.</a>
<h2>Delving into WEC Energy Group's Background</h2>
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 49% electric generation and distribution, 34% gas distribution, 10% electric transmission, and 7% unregulated renewable energy.
<h3>Financial Insights: WEC Energy Group</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: Over the 3M period, WEC Energy Group showcased positive performance, achieving a revenue growth rate of 3.01% as of 31 December, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Utilities sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: WEC Energy Group's net margin excels beyond industry benchmarks, reaching 19.85%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): WEC Energy Group's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.71% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): WEC Energy Group's ROA stands out, surpassing industry averages. With an impressive ROA of 0.98%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: WEC Energy Group's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.64.
<h2>The Significance of Analyst Ratings Explained</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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WEC Energy Group Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)

Barclays analyst Nicholas Campanella maintains WEC Energy Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) with a Equal-Weight and raises the price target from $99 to $101.

Barclays Maintains Equal-Weight on WEC Energy Group, Raises Price Target to $101

JPMorgan analyst Jeremy Tonet sees utility companies relatively well-positioned amid concerns that recent tariff hikes could trigger <a href="https://www.benzinga.com/topic/recession">a global recession</a>.
What Happened: JPMorgan projects a -0.3%<a href="https://www.benzinga.com/topic/macro-economic-events" target="_blank" rel="noreferrer noopener"> U.S. GDP contraction in 2025</a>.
Maia G. Crook, also a JPMorgan analyst, says the probability of a U.S. recession has surged to 60%. That&#8217;s up from 40% last month, due to <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44645681/jpmorgan-raises-recession-risk-to-60-as-largest-us-tax-hike-in-60-years-hits-global-economy" target="_blank" rel="noreferrer noopener">the latest round of tariff hikes</a>.
The analysts&#8217; view on utilities reflects the sector&#8217;s regulated return profile and cost-of-service structure, which insulate them from direct tariff-related EPS impacts.
Moreover, potential rate cuts may further boost their income appeal.
Meanwhile, Tonet says that prolonged tariff uncertainty could harm sentiment and the broader economy, creating affordability challenges that may impact utilities' capex plans and returns, especially in regions with tight energy supply.
Tonet downgraded Dominion Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/D#NYSE">D</a>) from Neutral to Underweight and cut the <a href="https://www.benzinga.com/quote/d/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast from $59 to $52</a>.
The company&#8217;s Coastal Virginia Offshore Wind (CVOW) project faces increased risks with $2.5 billion in remaining non-US spending and potential steel/EU/Mexico tariff impacts, which could add $500 million-$625 million in costs.
Combined with still-to-be-finalized PJM network upgrades (+$600 million), these factors pose external challenges, adds the analyst.
Moreover, the analyst writes that administration support for offshore wind seems to be uncertain, adding to concerns.
On the other hand, Tonet raised the rating for WEC Energy Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) from Underweight to Neutral and the <a target="_blank" href="https://www.benzinga.com/quote/wec/analyst-ratings" rel="noreferrer noopener">price forecast from $106 to $108</a>.
Tonet says that WEC stands out due to its lack of rate case exposure and favorable regulatory environment in Wisconsin.
The company is well-positioned as a defensive stock, benefiting from regulatory stability and potential upside from projects like MSFT/Cloverleaf data centers, adds the analyst.
Also, the analyst upgraded Southern Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SO#NYSE">SO</a>) from Underweight to Neutral while <a target="_blank" href="https://www.benzinga.com/quote/so/analyst-ratings" rel="noreferrer noopener">maintaining the price forecast at $94</a>.
The analyst writes that SO stands out within utility coverage for its strong regulatory environment, solid balance sheet, large scale, and economic resilience in its service area.
However, ongoing regulatory uncertainty tied to the Georgia Power rate case limits immediate upside, adds the analyst.
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Upgrades

Recession Risk Is High, But Analysts Say This Sector Is Shielded From Tariff Impact

Press Releases

WEC Energy Group to announce 2024 fourth-quarter and year-end financial results Feb. 4

WEC Energy Group posts 2024 results

Dividends

WEC Energy Group declares quarterly dividend

Wisconsin Electric declares quarterly dividends

WEC Energy Group to announce 2025 first-quarter results May 6

WEC Energy Group reports first-quarter results

Klappa, Lauber highlight exceptional year for WEC Energy Group

Offerings

WEC Energy Group announces offering of Convertible Senior Notes due 2028

WEC Energy Group announces upsize and pricing of $775 million of 3.375% Convertible Senior Notes due 2028

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