WEC Energy
WEC

$83.73

0.49%

Market Cap: 26.4B

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

Utilities Electric & Other Services Combined

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 11 analysts

0

News positive %

of 11 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

67% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 5 (+2) [Q1 2024]

0.78% more ownership

Funds ownership: 77.18% [Q4 2023] → 77.96% (+0.78%) [Q1 2024]

1% less capital invested

Capital invested by funds: $20.5B [Q4 2023] → $20.2B (-$285M) [Q1 2024]

3% less repeat investments, than reductions

Existing positions increased: 357 | Existing positions reduced: 367

3% less funds holding

Funds holding: 1,031 [Q4 2023] → 1,004 (-27) [Q1 2024]

23% less first-time investments, than exits

New positions opened: 88 | Existing positions closed: 115

57% less call options, than puts

Call options by funds: $19.8M | Put options by funds: $46.4M

See Fund Rankings

Research analyst outlook

11 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$75

10%

downside

Avg. target

$88

5%

upside

High target

$96

15%

upside

11 analyst ratings

4 positive

36%

4 neutral

36%

3 negative

27%

Keybanc Sophie Karp	13%upside $95	Overweight Maintained	22 Jul 2024
BMO Capital James Thalacker	4%upside $87	Market Perform Maintained	22 Jul 2024
Barclays Eric Beaumont	4%downside $80	Underweight Maintained	22 Jul 2024
BMO Capital James Thalacker	7%upside $90	Market Perform Maintained	2 May 2024
Scotiabank Andrew Weisel	7%upside $90	Sector Outperform Maintained	22 Apr 2024

See Analyst Rankings

Financial journalist opinion

Based on 11 articles about WEC published over the past 30 days

WEC Energy Group to announce 2024 second-quarter results July 31

MILWAUKEE , July 24, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2024 second-quarter earnings news release before the stock market opens Wednesday, July 31. A conference call for investors and security analysts is scheduled for the same day at 1 p.m.

WEC Energy Group to announce 2024 second-quarter results July 31

Zacks Investment Research

WEC Energy Group (WEC) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

WEC Energy (WEC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

WEC Energy Group (WEC) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

10 Dividend Stocks for Midyear

These dividend stocks to buy offer attractive yields at cheap prices.

10 Dividend Stocks for Midyear

The Motley Fool

The Ultimate Dividend Growth Stock to Buy With $500 Right Now (and It Isn't NextEra Energy)

NextEra Energy has an incredible track record of dividend growth behind it, but everyone already knows about this utility giant. Relatively small WEC Energy flies under the radar, but it has a strong record of dividend growth.

The Ultimate Dividend Growth Stock to Buy With $500 Right Now (and It Isn't NextEra Energy)

The Motley Fool

3 No-Brainer High-Yield Stocks to Buy With $1,000 Right Now

Enbridge is a midstream giant with a 29-year streak of annual dividend increases behind it and a 7.4% yield. WEC Energy is a boring utility stock, but its 4.1% yield is at the high end of the range over the past decade.

3 No-Brainer High-Yield Stocks to Buy With $1,000 Right Now

The Motley Fool

Forget NextEra Energy: Buy This Magnificent High-Yield Stock Instead.

NextEra Energy has one of the fastest-growing dividends in the utility sector. WEC Energy's dividend is growing a little bit slower than NextEra Energy's dividend.

Forget NextEra Energy: Buy This Magnificent High-Yield Stock Instead.

Wisconsin Electric declares quarterly dividends

MILWAUKEE , July 18, 2024 /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 Sept. 1, 2024, to stockholders of record on Aug. 14, 2024.

Wisconsin Electric declares quarterly dividends

WEC Energy Group declares quarterly dividend

MILWAUKEE , July 18, 2024 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 83.50 cents per share on the company's common stock. The dividend is payable Sept.

WEC Energy Group declares quarterly dividend

3 Recession-Proof Utility Stocks to Power Up Your Portfolio This July

Recession-proof utility stocks have always been stable dividend payers, making them popular long-term investments. But new exponential demand driven by artificial intelligence transforms these Wall Street wallflowers into high-growth AI plays.

3 Recession-Proof Utility Stocks to Power Up Your Portfolio This July

The Motley Fool

2 Dividend Growth Stocks With Yields up to 5.5% That Are Screaming Buys in July

Finding dividend stocks with 4%-plus yields and solid dividend growth is hard while the market is hitting all-time highs. Brookfield Renewable is building the future of the global energy market and has a yield of up to 5.5%.

2 Dividend Growth Stocks With Yields up to 5.5% That Are Screaming Buys in July

See News Rankings