WEC Energy Group raises guidance: RBC targets WEC Energy Group stock at USD 122

Published on 10/29/2026 at 14:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue reached USD 2.29 billion on October 29, 2026. The dividend for WEC Energy Group stock was USD 0.9525.

Results and shareholder dates

Net income attributable to common shareholders reached USD 389.3 million in the third quarter of 2026.
Nine-month net income totaled USD 1.49 billion through September 30, 2026.
The quarterly dividend payment is scheduled for December 1, 2026.

WEC Energy Group, US92939U1060, Illustration mit AI erstellt.

WEC Energy Group (ISIN US92939U1060) raised its 2026 earnings guidance after reporting third-quarter net income of USD 389.3 million, while RBC set a USD 122.00 target for WEC Energy Group stock. Yahoo Finance reported the results on October 29, 2026, and MarketBeat reported the RBC target reduction from USD 124.00 to USD 122.00 on October 28, 2026.

Three events reset the outlook

On October 15, 2026, WEC Energy Group declared a quarterly dividend of USD 0.9525 per share, according to WEC Energy Group. On October 22, 2026, the company scheduled its third-quarter release for October 29, 2026. On October 29, 2026, net income attributable to common shareholders reached USD 389.3 million, compared with USD 271.3 million in the third quarter of 2025.

What drove the earnings lift?

Warmer-than-normal weather and capital investment supported the quarter. Retail electricity deliveries excluding very large customers and the Michigan iron ore mine increased 3.3 percent from the third quarter of 2025, while residential electricity use rose 5.1 percent, Yahoo Finance reported.

Dates for dividend holders

The dividend is scheduled for payment on December 1, 2026, to shareholders of record on November 13, 2026, according to WEC Energy Group. The dates give income-focused shareholders a defined timetable while the higher earnings outlook remains conditional on normal weather for the rest of 2026.

Stock trades after the Xetra close

WEC Energy Group stock was trading at EUR 100.00 at Lang & Schwarz on October 29, 2026 at 1:59 p.m. CET. The primary listing is on the NYSE in USD, and the company is a component of the S&P 500, according to WEC Energy Group.

The further course of trading is shown by the continuously updated real-time quote of WEC Energy Group stock.