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WEC Energy Group beat earnings estimates, raised 2025 guidance, and increased dividends.
WEC Energy Group reported strong second-quarter earnings of $0.76 per share, exceeding estimates, with revenue rising 13.4% year-over-year to $2.01 billion.
The company raised its 2025 earnings guidance to $5.17–$5.27 per share and declared a quarterly dividend of $0.8925, yielding 3.1%.
Institutional investors collectively own 77.2% of the company, with several firms increasing their stakes, while the State of Alaska reduced its position.
The stock, trading at $114.56 with a market cap of $36.87 billion, has a consensus “Hold” rating and a target price of $106.89.
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WEC Energy Group superó las estimaciones de ganancias, elevó las previsiones para 2025 y aumentó los dividendos.