J.P. Morgan Remains a Hold on WEC Energy Group (WEC)
In a report released yesterday, Jeremy Tonet from J.P. Morgan maintained a Hold rating on WEC Energy Group, with a price target of $120.00. The company’s shares closed yesterday at $109.55.
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According to TipRanks, Tonet is a 5-star analyst with an average return of 9.3% and a 60.64% success rate. Tonet covers the Energy sector, focusing on stocks such as Pembina Pipeline, Oneok, and Kinetik.
In addition to J.P. Morgan, WEC Energy Group also received a Hold from Truist Financial’s Richard Sunderland in a report issued yesterday. However, on May 15, Wells Fargo maintained a Buy rating on WEC Energy Group (NYSE: WEC).
Based on WEC Energy Group’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.43 billion and a net profit of $804.7 million. In comparison, last year the company earned a revenue of $3.15 billion and had a net profit of $724.5 million
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WEC in relation to earlier this year. Most recently, in February 2026, Ulice Payne, a Director at WEC sold 1,450.00 shares for a total of $166,155.50.
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