Westinghouse Appoints Justin Johnson as Chief Legal Officer
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
0mins
Should l Buy WEC?
Source: Businesswire
- Executive Appointment: Westinghouse Electric Company has appointed Justin Johnson as Executive Vice President and Chief Legal Officer, succeeding the retiring Michael Sweeney, which is expected to enhance the efficiency and professionalism of the company's legal compliance operations.
- Legal Background: Johnson brings over eight years of experience from Jacobs, where he served as Executive Vice President and General Counsel, providing robust legal support for Westinghouse's global operations with his extensive legal and commercial transaction expertise.
- Leadership Integration: Johnson will join Westinghouse's executive leadership team, reporting directly to Interim CEO Dan Sumner, which is anticipated to foster collaboration and communication within the company's internal teams.
- Strategic Support: Michael Sweeney, who has served for over 20 years, is expected to provide advisory support for strategic growth projects in 2026, ensuring stability and development in the company's future legal matters.
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Analyst Views on WEC
Wall Street analysts forecast WEC stock price to rise
13 Analyst Rating
4 Buy
8 Hold
1 Sell
Hold
Current: 114.030
Low
105.00
Averages
120.15
High
136.00
Current: 114.030
Low
105.00
Averages
120.15
High
136.00
About WEC
WEC Energy Group, Inc. is a diversified holding company. The Company, through its wholly owned subsidiaries, provides or invests in regulated natural gas and electricity, and renewable energy, as well as non-regulated renewable energy. Its segments include Wisconsin, Illinois, Other states, electric transmission, non-utility energy and infrastructure, and corporate and other segment. The Wisconsin segment is engaged in the generation of electricity and the distribution of electricity and natural gas in Wisconsin and distributes natural gas to customers located in the Upper Peninsula of Michigan. The Illinois segment is engaged in the distribution of natural gas in Illinois. Other states segment engaged primarily in the distribution of natural gas in Minnesota and Michigan. The non-utility energy infrastructure segment consists of We Power, which owns electric power-generating facilities, and Bluewater, which owns underground natural gas storage facilities in Michigan.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
WEC Energy Group Q4 2025 Earnings Call Highlights
- Significant Earnings Growth: WEC Energy Group reported adjusted earnings of $5.27 per share for 2025, reflecting a $0.39 increase over 2024, primarily driven by improved utility operations earnings and favorable weather impacts, demonstrating the company's sustained financial robustness.
- Capital Plan Expansion: The capital plan was increased from $36.5 billion to $37.5 billion due to expansions from Microsoft and Vantage data centers, with projected electric demand growth of 3.9 gigawatts over the next five years, showcasing the company's strategic responsiveness to market demand.
- Consistent Dividend Growth: The company announced a 6.7% increase in dividends to $3.81 per share, marking the 23rd consecutive year of dividend growth, reflecting a strong commitment to shareholder returns and effective cash flow management.
- Optimistic Outlook: Management reaffirmed guidance for 2026 earnings per share in the range of $5.51 to $5.61, projecting long-term annual growth of 7% to 8%, indicating confidence in future growth and sending a positive signal to investors.
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- Earnings Beat: WEC Energy's Q4 Non-GAAP EPS of $1.42 exceeded expectations by $0.03, with revenue of $2.5371 billion reflecting an 11.3% year-over-year increase, surpassing estimates by $347.1 million, indicating robust financial performance.
- Gas Delivery Growth: Natural gas deliveries in Wisconsin rose by 11.5% in 2025, although on a weather-normal basis, deliveries were 0.5% lower for the year, demonstrating the company's resilience amid market demand fluctuations.
- Guidance Reaffirmed: The company reaffirmed its 2026 EPS guidance of $5.51 to $5.61, aligning with the consensus of $5.59, reflecting confidence in short-term earnings growth, with a projected long-term CAGR of 7% to 8% over the next five years.
- Dividend Increase: The board declared a quarterly cash dividend of 95.25 cents per share, a 6.7% increase over the previous rate, marking the 23rd consecutive year of dividend growth, underscoring the company's commitment to shareholder returns.
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- Earnings Announcement: WEC Energy is set to release its FY earnings report on February 5 before market open, with consensus EPS estimated at $5.25 and revenue expected to reach $9.31 billion, indicating stable performance amid growing electricity demand.
- EPS Estimate Revisions: Over the past three months, EPS estimates for WEC Energy have seen 12 upward revisions and 1 downward revision, reflecting increased analyst confidence in the company's profitability, which could positively impact stock prices.
- Revenue Estimate Changes: Similarly, revenue estimates have experienced 11 upward revisions and 1 downward revision, suggesting a bullish market sentiment regarding WEC Energy's performance in the electricity sector, potentially attracting more investor interest.
- Electricity Demand Trends: As data centers reshape electricity demand, WEC Energy, along with AEP, EVRG, and PNW, is poised to benefit, indicating future growth potential and investment opportunities in the power industry.
See More
WEC Energy Group Announces 2025 Earnings Release Schedule
- Earnings Release Schedule: WEC Energy Group is set to release its fourth-quarter and full-year earnings for 2025 before the market opens on February 5, 2026, providing crucial financial data to guide future investment decisions.
- Investor Conference Call: A conference call for investors and security analysts is scheduled for the same day at 1 p.m. Central time, aimed at providing in-depth analysis of the earnings report and addressing investor inquiries to enhance market transparency.
- Customer Base: Serving 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota, WEC Energy Group demonstrates significant influence and market share in the U.S. energy sector.
- Company Scale: As a Fortune 500 company, WEC Energy Group has approximately 32,000 shareholders and 7,000 employees, with total assets exceeding $51 billion, reflecting its robust financial position and market standing in the energy industry.
See More
WEC Energy Group Schedules 2025 Q4 Earnings Release
- Earnings Release Schedule: WEC Energy Group will issue its 2025 fourth-quarter and full-year earnings report before the market opens on February 5, 2026, providing critical financial data and performance insights for investors.
- Investor Conference Call: A conference call for investors and security analysts is scheduled for the same day at 1 p.m. Central time, offering real-time interaction opportunities that enhance transparency and foster investor relations.
- Financial Information Access: Detailed financial information will be available on WEC Energy Group's website by 6:30 a.m. Central time on February 5, ensuring shareholders and analysts can access the latest data promptly for informed decision-making.
- Company Overview: Serving 4.7 million customers with over $51 billion in assets, WEC Energy Group is a Fortune 500 company, solidifying its position and influence in the energy sector.
See More
WEC Energy Group Appoints Scott Lauber as Chairman
- Board Transition: WEC Energy Group announced that current Chairman Gale Klappa will retire after the May annual meeting, marking a significant leadership change that could impact the company's future strategic direction.
- Leadership Achievements: Under Klappa's tenure, the company achieved 23 consecutive years of dividend increases and unprecedented capital investments, enhancing customer reliability and underscoring his importance in the company's history.
- New Chairman Appointment: Scott Lauber will assume the role of chairman following the annual meeting; he has served as CEO since February 2022 and is expected to continue driving the company's success and stability.
- Economic Development Engagement: Klappa plans to remain actively involved in economic development matters post-retirement, continuing to contribute to the economic growth of the Milwaukee region, reflecting his long-term commitment to the community.
See More
WEC Energy Group Q4 2025 Earnings Call Highlights
- Significant Earnings Growth: WEC Energy Group reported adjusted earnings of $5.27 per share for 2025, reflecting a $0.39 increase over 2024, primarily driven by improved utility operations earnings and favorable weather impacts, demonstrating the company's sustained financial robustness.
- Capital Plan Expansion: The capital plan was increased from $36.5 billion to $37.5 billion due to expansions from Microsoft and Vantage data centers, with projected electric demand growth of 3.9 gigawatts over the next five years, showcasing the company's strategic responsiveness to market demand.
- Consistent Dividend Growth: The company announced a 6.7% increase in dividends to $3.81 per share, marking the 23rd consecutive year of dividend growth, reflecting a strong commitment to shareholder returns and effective cash flow management.
- Optimistic Outlook: Management reaffirmed guidance for 2026 earnings per share in the range of $5.51 to $5.61, projecting long-term annual growth of 7% to 8%, indicating confidence in future growth and sending a positive signal to investors.
See More
WEC Energypress Reports Q4 Earnings Beat Expectations
- Earnings Beat: WEC Energy's Q4 Non-GAAP EPS of $1.42 exceeded expectations by $0.03, with revenue of $2.5371 billion reflecting an 11.3% year-over-year increase, surpassing estimates by $347.1 million, indicating robust financial performance.
- Gas Delivery Growth: Natural gas deliveries in Wisconsin rose by 11.5% in 2025, although on a weather-normal basis, deliveries were 0.5% lower for the year, demonstrating the company's resilience amid market demand fluctuations.
- Guidance Reaffirmed: The company reaffirmed its 2026 EPS guidance of $5.51 to $5.61, aligning with the consensus of $5.59, reflecting confidence in short-term earnings growth, with a projected long-term CAGR of 7% to 8% over the next five years.
- Dividend Increase: The board declared a quarterly cash dividend of 95.25 cents per share, a 6.7% increase over the previous rate, marking the 23rd consecutive year of dividend growth, underscoring the company's commitment to shareholder returns.
See More
WEC Energy to Announce FY Earnings on February 5
- Earnings Announcement: WEC Energy is set to release its FY earnings report on February 5 before market open, with consensus EPS estimated at $5.25 and revenue expected to reach $9.31 billion, indicating stable performance amid growing electricity demand.
- EPS Estimate Revisions: Over the past three months, EPS estimates for WEC Energy have seen 12 upward revisions and 1 downward revision, reflecting increased analyst confidence in the company's profitability, which could positively impact stock prices.
- Revenue Estimate Changes: Similarly, revenue estimates have experienced 11 upward revisions and 1 downward revision, suggesting a bullish market sentiment regarding WEC Energy's performance in the electricity sector, potentially attracting more investor interest.
- Electricity Demand Trends: As data centers reshape electricity demand, WEC Energy, along with AEP, EVRG, and PNW, is poised to benefit, indicating future growth potential and investment opportunities in the power industry.
See More
WEC Energy Group Announces 2025 Earnings Release Schedule
- Earnings Release Schedule: WEC Energy Group is set to release its fourth-quarter and full-year earnings for 2025 before the market opens on February 5, 2026, providing crucial financial data to guide future investment decisions.
- Investor Conference Call: A conference call for investors and security analysts is scheduled for the same day at 1 p.m. Central time, aimed at providing in-depth analysis of the earnings report and addressing investor inquiries to enhance market transparency.
- Customer Base: Serving 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota, WEC Energy Group demonstrates significant influence and market share in the U.S. energy sector.
- Company Scale: As a Fortune 500 company, WEC Energy Group has approximately 32,000 shareholders and 7,000 employees, with total assets exceeding $51 billion, reflecting its robust financial position and market standing in the energy industry.
See More
WEC Energy Group Schedules 2025 Q4 Earnings Release
- Earnings Release Schedule: WEC Energy Group will issue its 2025 fourth-quarter and full-year earnings report before the market opens on February 5, 2026, providing critical financial data and performance insights for investors.
- Investor Conference Call: A conference call for investors and security analysts is scheduled for the same day at 1 p.m. Central time, offering real-time interaction opportunities that enhance transparency and foster investor relations.
- Financial Information Access: Detailed financial information will be available on WEC Energy Group's website by 6:30 a.m. Central time on February 5, ensuring shareholders and analysts can access the latest data promptly for informed decision-making.
- Company Overview: Serving 4.7 million customers with over $51 billion in assets, WEC Energy Group is a Fortune 500 company, solidifying its position and influence in the energy sector.
See More
WEC Energy Group Appoints Scott Lauber as Chairman
- Board Transition: WEC Energy Group announced that current Chairman Gale Klappa will retire after the May annual meeting, marking a significant leadership change that could impact the company's future strategic direction.
- Leadership Achievements: Under Klappa's tenure, the company achieved 23 consecutive years of dividend increases and unprecedented capital investments, enhancing customer reliability and underscoring his importance in the company's history.
- New Chairman Appointment: Scott Lauber will assume the role of chairman following the annual meeting; he has served as CEO since February 2022 and is expected to continue driving the company's success and stability.
- Economic Development Engagement: Klappa plans to remain actively involved in economic development matters post-retirement, continuing to contribute to the economic growth of the Milwaukee region, reflecting his long-term commitment to the community.
See More
