WEC WEC Energy Group Inc

B of A Securities has lowered its price target for WEC Energy Group (WEC) from $122.00 to $116.00, while maintaining a "Neutral" rating. This adjustment reflects a 4.92% decrease in the anticipated stock value. Other financial institutions have also recently adjusted their price targets for WEC, with the average target price from 17 analysts being $121.06, suggesting a 14.11% upside from its current price.

Pacer Advisors Inc. significantly reduced its holdings in WEC Energy Group by 33.2% in the third quarter, selling 13,501 shares and retaining 27,132 shares valued at approximately $3.11 million. Despite this, WEC Energy Group recently increased its quarterly dividend to $0.9525, representing an annualized dividend of $3.81 and a 3.6% yield. The company's stock currently holds a "Hold" consensus rating from analysts, with an average price target of $120.92.

Cushing Asset Management LP, operating as NXG Investment Management, initiated a new position in WEC Energy Group, Inc. (NYSE:WEC) during the third quarter, acquiring 26,000 shares valued at approximately $2.98 million. WEC Energy Group recently increased its quarterly dividend to $0.9525, translating to an annualized payout of $3.81 and a yield of approximately 3.6%. The company has seen mixed analyst ratings, with an average "Hold" consensus and an average price target of $120.92.

BofA Securities has lowered its price target for WEC Energy Group (NYSE:WEC) to $116 from $122, while maintaining a Neutral rating. The adjustment reflects current peer group P/E multiples and updated EPS estimates, despite WEC's strong performance record and dividend consistency. Concerns about the company's development pipeline, data center development in Wisconsin, and regulatory uncertainty led to the Neutral rating.

Pacific Gas and Electric (PG&E) announced a fourth rate decrease in two years, effective January 1, 2026. Residential electric rates will decrease by about 5% ($7 per month for a typical household) and natural gas rates by 3% ($1 per month). These reductions mean residential electric rates will be 11% lower than in January 2024, driven by completed safety projects, lower commodity costs, and reduced greenhouse gas compliance costs.

Kieckhefer Group LLC has acquired a new stake of 24,000 shares, valued at approximately $2.75 million, in WEC Energy Group during the 3rd quarter, making it their 14th-largest holding. WEC Energy Group recently increased its quarterly dividend to $0.9525, representing a 3.6% yield, and maintains a "Hold" consensus rating from analysts with an average price target of $120.92. The company's financials include a market cap of $34.37 billion and 77.2% institutional ownership.