WEC Energy Stock: Is WEC Outperforming the Utilities Sector?
Milwaukee-based WEC Energy Group, Inc. (WEC) provides regulated natural gas and electricity, and non-regulated renewable energy services. With a market cap of $35.7 billion, WEC Energy operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments.
Companies worth $10 billion or more are generally described as “large-cap stocks.” WEC Energy fits right into that category, with its market cap exceeding the threshold, reflecting its substantial size and influence in the utility sector.
WEC touched its all-time high of $111.90 on Aug. 5 and is currently trading marginally below that peak. Meanwhile, WEC has gained 5.6% over the past three months, slightly outperforming the Utilities Select Sector SPDR Fund’s (XLU) 5.3% uptick during the same time frame.
Over the longer term, WEC’s performance looks even more impressive. WEC stock has soared 18% on a YTD basis and 15.8% over the past 52 weeks, notably outperforming XLU’s 13.2% surge in 2025 and 9.1% gains over the past year.
Moreover, the stock has remained consistently above its 200-day moving average over the past year and mostly above its 50-day moving average since mid-July, underscoring its bullish trend.
Despite delivering better-than-expected results, WEC Energy’s stock prices observed a marginal dip in the trading session following the release of its Q2 results on Jul. 30. The quarter was marked with a warm summer, steady execution of the company’s capital plans, and continued focus on operating efficiency. WEC’s operating revenues for the quarter surged 13.4% year-over-year to $2 billion, exceeding the Street’s expectations by 8.2%. Meanwhile, its EPS also increased by 13.4% to $0.76, surpassing the consensus estimates by 7%. Following the initial dip, WEC stock prices maintained a positive momentum for the next three trading sessions.
Furthermore, WEC has also outperformed its peer, Xcel Energy Inc.’s (XEL) 8.2% gains on a YTD basis and 14.4% surge over the past 52 weeks.
However, analysts remain cautious about the stock's long-term prospects. Among the 15 analysts covering the WEC stock, the consensus rating is a “Hold.” As of writing, WEC is trading marginally above its mean price target of $110.88.
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.