J.P. Morgan Keeps Their Hold Rating on WEC Energy Group (WEC)

J.P. Morgan analyst Jeremy Tonet maintained a Hold rating on WEC Energy Group yesterday and set a price target of $121.00. The company’s shares closed yesterday at $117.28.

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Tonet covers the Energy sector, focusing on stocks such as Kinetik, Hess Midstream Partners, and Antero Midstream. According to TipRanks, Tonet has an average return of 8.7% and a 58.59% success rate on recommended stocks.

In addition to J.P. Morgan, WEC Energy Group also received a Hold from TD Cowen’s Shelby Tucker in a report issued today. However, on October 14, KeyBanc maintained a Buy rating on WEC Energy Group (NYSE: WEC).

Based on WEC Energy Group’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.01 billion and a net profit of $245.7 million. In comparison, last year the company earned a revenue of $1.77 billion and had a net profit of $211.6 million

Based on the recent corporate insider activity of 78 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 August 2025, Robert Garvin, the Exec VP – Ext Affs of WEC sold 14,185.00 shares for a total of $1,533,462.20.