WEC Energy Group Inc (WEC)

Over the past six months, WEC Energy Group's stock price increased by 18.47%, reaching an all-time high closing price of $114.59 on September 30, 2025. Analyst ratings have been mixed, with upgrades from Wall Street Zen and initiations from Citigroup, but downgrades from Goldman Sachs. The company reported Q2 earnings with an EPS of $0.76, surpassing estimates, and a year-over-year revenue increase of 13.4%. WEC Energy Group announced a quarterly dividend of $0.8925 per share and increased its dividend by 6.9% in January 2025. The company announced plans to acquire a 90% interest in the Delilah I Solar Energy Center and collaborated with ComEd to share its AMI network, also agreeing with Landis+Gyr Technology Inc. to expand AMI coverage.

Demand for WEC Energy Group's electricity and natural gas is subject to seasonality, influenced by weather conditions. Peak demand for natural gas occurs during the coldest days of winter, requiring investments in peaking capacity and LNG facilities. The company offers seasonal billing programs and emphasizes reliable energy and infrastructure modernization to meet fluctuating customer demands. Warm winters can lead to lowered first-quarter earnings guidance.

WEC Energy Group is an energy holding company in Milwaukee, Wisconsin, operating in the diversified utilities sector, focusing on electricity generation and distribution, and natural gas delivery. It also engages in steam sales, natural gas storage and hub services, electric generating plant construction and ownership, and real estate investments through its subsidiaries.

WEC Energy Group serves approximately 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota. Its utility subsidiaries include We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Minnesota Energy Resources, Michigan Gas Utilities, and Upper Michigan Energy Resources. Bluewater Gas Storage provides natural gas storage and hub services for We Energies and Wisconsin Public Service.

WEC Energy Group has emphasized its commitment to sustainability and corporate responsibility, releasing its 2024 Corporate Responsibility Report detailing its ESG performance and climate strategy. The company aims to eliminate coal as an energy source by the end of 2032 and achieve net carbon-neutral electric generation by 2050, along with net-zero methane emissions across its natural gas distribution operations by the end of 2030. Wisconsin Public Service was recognized as a top-performing midsize utility, and WEC Energy Group received the Vets Ready Award for its support for military veterans. The company provided $19 million in charitable grants and contributions, $2.5 million to low-income customer programs, and donated $200,000 to public safety agencies.

WEC Energy Group has a mixed ownership structure, with institutional investors holding a significant majority, ranging from approximately 64.56% to 75% of the company's stock. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., State Street Corp, and Wellington Management Group Llp. Mutual funds also represent a notable share of ownership. Insiders hold a small percentage, typically under 1% or 0.16% of the shares, while retail investors account for around 25% to 35.28%.