Stock events for WEC Energy Group, Inc. (WEC)
In the past six months, WEC Energy Group's stock has shown a modest increase of 0.10%. The company plans to increase its quarterly dividend by 6.7% in December 2025, following a 6.9% increase in January 2025. WEC Energy lowered its 2025 earnings guidance due to a $150 million charge related to increased reserves. BofA Securities lowered its price target on WEC Energy Group to $116.00 from $122.00. Analyst consensus for the stock is currently a "Hold," with an average 1-year target price of $120.64.
Demand Seasonality affecting WEC Energy Group, Inc.’s stock price
Demand for WEC Energy Group's electricity and natural gas is influenced by seasonality, driven by heating and cooling needs. Residential customers form a stable base, with residential electricity use seeing an increase in 2024 and the second quarter of 2025. Commercial and industrial customers also contribute significantly to demand, with large customers driving electric demand growth. The company's services are essential, implying consistent demand throughout the year based on weather and economic activity.
Overview of WEC Energy Group, Inc.’s business
WEC Energy Group, Inc. is an energy holding company focused on the generation, transmission, and distribution of electricity and natural gas. It operates in the Utilities sector, specifically in the Multi-Utilities and Regulated Electric industries, providing energy services through subsidiaries like We Energies and Wisconsin Public Service. The company also engages in steam sale activity and renewable energy projects.
WEC’s Geographic footprint
WEC Energy Group serves approximately 4.4 to 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota. Its infrastructure includes 72,400 miles of electric distribution lines, 47,000 miles of natural gas lines, and 8,150 megawatts of generating capacity. The company is headquartered in Milwaukee, Wisconsin.
WEC Corporate Image Assessment
WEC Energy Group has maintained a strong brand reputation, marked by high customer satisfaction and recognition for reliability. The company achieved the highest ranking in the 2024 E Source Large Business Customer Satisfaction Study. We Energies was named best in the Upper Midwest for reliability in November 2025. WEC Energy Group was added to S&P's High Yield Dividend Aristocrats Index in 2024. The company is committed to sustainability, including ambitious carbon reduction goals.
Ownership
WEC Energy Group's ownership is predominantly held by institutional investors, who collectively owned approximately 67% to 83% of the company's shares. Key institutional shareholders include The Vanguard Group, Inc., and BlackRock, Inc. Insider ownership is less than 1%.
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$107.07