WEC Energy Group Appoints New Executive Vice President

WEC Energy Group ( (WEC) ) has provided an update.

On May 8, 2025, WEC Energy Group‘s Board of Directors appointed Michael Hooper as Executive Vice President and Chief Operating Officer, effective May 11, 2025. Hooper will continue as President of Wisconsin Utilities and take on additional roles as President of Michigan Gas Utilities Corporation and Minnesota Energy Resources Corporation. His compensation package was adjusted to reflect his new responsibilities. Additionally, Curt Culver retired from his director position on May 8, 2025, and received accelerated vesting of his restricted stock in recognition of his service.

The most recent analyst rating on (WEC) stock is a Hold with a $97.00 price target. To see the full list of analyst forecasts on WEC Energy Group stock, see the WEC Stock Forecast page.

Spark’s Take on WEC Stock

According to Spark, TipRanks’ AI Analyst, WEC is a Outperform.

WEC Energy Group shows a solid financial foundation and operational efficiency, supported by a positive earnings call. While the stock’s technical indicators and valuation present some challenges, the company’s robust dividend policy and strategic growth plans enhance its attractiveness. Key strengths include strong income growth and a significant investment plan, while risks include valuation and external economic factors.

To see Spark’s full report on WEC stock, click here.

More about WEC Energy Group

WEC Energy Group is a company operating in the utilities industry, primarily focusing on providing energy services through its subsidiaries, including Wisconsin Utilities, Michigan Gas Utilities Corporation, and Minnesota Energy Resources Corporation.

Average Trading Volume: 2,352,178

Technical Sentiment Signal: Buy

Current Market Cap: $34.35B

For a thorough assessment of WEC stock, go to TipRanks’ Stock Analysis page.