Is WEC Energy Stock Outperforming the Dow?
Milwaukee, Wisconsin-based WEC Energy Group, Inc. (WEC) provides regulated natural gas and electricity, and renewable and nonregulated energy services in the United States. With a market cap of $33.5 billion, the company operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments.
Companies worth $10 billion or more are typically referred to as "large-cap stocks." WEC fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the regulated electric utilities industry. WEC benefits from offering more than 2.4 million natural gas lateral services, 510 natural gas distribution and transmission gate stations, along with approximately 35,300 miles of overhead distribution lines.
The company touched its all-time high of $111 on Apr. 3 and has fallen 6.2% from that peak. In the past three months, WEC stock has declined 2.4%, underperforming the Dow Jones Industrial Average’s ($DOWI) 2.5% uptick during the same time frame.
However, WEC stock has grown 32.1% over the past 52 weeks and 10.8% on a YTD basis, outperforming Dow’s 10.2% gains over the past year and a marginal decline in 2025.
WEC stock has been trading above its 200-day moving average since August last year and along its up-trending 50-day moving average since May, underscoring its bullish trend.
WEC stock grew marginally following the release of its better-than-expected Q1 earnings on May 6. The company’s operating revenues increased 17.5% year-over-year to $3.1 billion, mainly driven by a 15.5% increase in natural gas deliveries in Wisconsin and a 2.9% growth in retail deliveries of electricity. Moreover, the company’s operating income rose 15.3% from the prior year’s quarter to $937.5 million. Its net income grew 16.5% year-over-year to $725.5 million. Furthermore, WEC’s EPS increased 15.2% from the prior year’s quarter to $2.27 and surpassed the consensus estimates by 3.7%.
Its peer, Xcel Energy Inc. (XEL), has surged 24.2% over the past year but has declined 1.1% in 2025, underperforming the stock.
Among the 16 analysts covering the WEC stock, the consensus rating is a “Moderate Buy.” Its mean price target of $110.25 suggests a modest 5.9% upside potential from current price levels.
On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.