Barclays Analyst Lowers Price Target On WEC Energy Group, Inc. (WEC)

Core Viewpoint - WEC Energy Group, Inc. is recognized as one of the best-performing electrical infrastructure stocks in 2025, despite recent price target reductions by analysts [1]. Group 1: Analyst Ratings and Price Targets - Barclays has lowered its price target for WEC Energy Group from $110 to $105 while maintaining an Equal Weight rating [2]. - KeyBanc also reduced its price target from $123 to $117, keeping an Overweight rating [2][3]. Group 2: Company Performance and Management - The management team of WEC Energy Group has a history of executing plans effectively, achieving outcomes close to the top of its guidance range [3]. - Wisconsin's regulatory environment is viewed as historically beneficial for the company, contributing to its promising future [3]. Group 3: Dividend Announcement - The board of WEC Energy Group declared a dividend increase to $0.9525 per share for the first quarter of 2026, representing a 6.7% annual increase to $3.81 per share [4]. - The dividend is expected to be declared in January 2026 and paid to shareholders on March 1, 2026 [4]. Group 4: Operational Scope - WEC Energy Group provides electric and gas utility services in Illinois, Michigan, Minnesota, and Wisconsin [5].