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WEC Energy Group (NYSE:WEC) Inc reached an all-time high stock price of 111.05 USD, marking a significant milestone for the company. According to InvestingPro data, the utility giant, with a market capitalization of $35.68 billion, has demonstrated remarkable stability with historically low price volatility. This achievement reflects a notable 22.94% increase over the past year, with an impressive year-to-date return of 18.02%, underscoring the stock’s robust performance in the market. The company maintains a healthy 3.27% dividend yield and has raised its dividend for 21 consecutive years. Investors have shown increased confidence in WEC’s strategic initiatives and growth prospects, contributing to this upward trajectory. Trading at a P/E ratio of 21.2, the stock appears to be trading above its Fair Value according to InvestingPro analysis. The company’s ability to navigate market challenges and capitalize on opportunities has played a crucial role in achieving this record high, positioning WEC Energy Group as a formidable player in the energy sector. For deeper insights into WEC’s valuation and growth prospects, access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, WEC Energy Group reported strong financial results for the second quarter of 2025. The company achieved earnings per share of $0.76, surpassing the consensus estimate of $0.71. Additionally, WEC Energy’s revenue exceeded expectations, reaching $2.01 billion compared to the anticipated $1.88 billion. This strong performance was largely driven by the company’s Utility segment. In light of these results, Mizuho (NYSE:MFG) raised its price target for WEC Energy Group to $117 from $116, maintaining an Outperform rating. These developments reflect positively on the company’s financial health and operational efficiency. The earnings report and subsequent price target adjustment highlight WEC Energy’s ability to exceed market expectations.
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