FMP
Jan 23, 2026
WEC Energy Group (NYSE:WEC) is a major player in the energy sector, providing electricity and natural gas to millions of customers across the Midwest. The company has a strong presence in Wisconsin, Illinois, Michigan, and Minnesota. WEC's main competitors include other large utility companies like Exelon and Duke Energy.
On January 23, 2026, RBC Capital maintained its "Sector Perform" rating for WEC, suggesting investors hold their shares. At that time, WEC's stock price was $108.01. RBC Capital also adjusted its price target for WEC from $131 to $127, indicating a more cautious outlook for the stock's future performance.
Gale Klappa, a key figure in WEC's history, is set to retire from the board in May. Klappa has been instrumental in the company's growth since 2003, including the acquisition of Integrys Energy Group in 2015. His leadership has been pivotal, especially during challenging times, as highlighted by his return as CEO in 2017.
Currently, WEC's stock price is $108.41, a slight decrease of 0.86% from the previous day. The stock has traded between $107.87 and $109.11 today. Over the past year, WEC's stock has seen a high of $118.19 and a low of $96.37, reflecting some volatility in its performance. WEC's market capitalization is approximately $35.27 billion, indicating its significant size in the energy sector. Today's trading volume on the NYSE is 386,468 shares, showing active investor interest. As WEC transitions leadership, investors will be watching closely for any impact on the company's future direction.
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