Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>WEC Energy Group reported second quarter 2026 earnings of $0.91 per share, representing a $0.15 increase from the same period in 2025.</li><li>The results reflect the company's focus on operational execution, financial discipline, and efficiency, positioning it on track to meet its full-year earnings guidance of $5.51 to $5.61 per share, assuming normal weather conditions for the remainder of the year.</li><li>Weather negatively impacted earnings in the quarter by approximately $0.05 compared to last year, though rate base growth and increased equity returns from capital projects contributed positively, alongside sales growth and tax benefits.</li></ul>

WEC Energy Group reported second quarter 2026 earnings of $0.91 per share, representing a $0.15 increase from the same period in 2025.The results reflect the company's focus on operational execution, financial discipline, and efficiency, positioning it on track to meet its full-year earnings guidance of $5.51 to $5.61 per share, assuming normal weather conditions for the remainder of the year.Weather negatively impacted earnings in the quarter by approximately $0.05 compared to last year, though rate base growth and increased equity returns from capital projects contributed positively, alongside sales growth and tax benefits.

WEC Energy’s $37.5 Billion Buildout Targets A Massive Data Center Power Boom!

Smartkarma AI Primers, Smartkarma

αSK Primers

Smartkarma AI Primers

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

<ul>
  <li>WEC Energy Group is a pure-play regulated utility with a clear growth trajectory driven by a substantial five-year capital investment plan of $37.5 billion, primarily focused on renewable energy and grid modernization.</li>
  <li>The company has a long and consistent history of dividend growth, with 23 consecutive years of increases, supported by a targeted 65-70% payout ratio and a long-term EPS growth target of 7-8%.</li>
  <li>Significant projected load growth from data centers in its Wisconsin service territory provides a unique upside catalyst, with management forecasting a 2.6 GW demand increase in the region through 2030.</li>
</ul><p><em>This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.</em></p>


  WEC Energy Group is a pure-play regulated utility with a clear growth trajectory driven by a substantial five-year capital investment plan of $37.5 billion, primarily focused on renewable energy and grid modernization.
  The company has a long and consistent history of dividend growth, with 23 consecutive years of increases, supported by a targeted 65-70% payout ratio and a long-term EPS growth target of 7-8%.
  Significant projected load growth from data centers in its Wisconsin service territory provides a unique upside catalyst, with management forecasting a 2.6 GW demand increase in the region through 2030.
This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.

Primer: Wec Energy Group (WEC US) - Aug 2026

<ul><li>WEC Energy Group's recent financial results and strategic updates highlight several important facets of the company's operations and future outlook, which are essential for investors to consider.</li><li>Starting with the positives, WEC Energy Group reported a robust 2025 adjusted earnings per share of $5.27, representing an increase of $0.39 per share over the previous year.</li><li>This growth is supported by several factors including favorable weather conditions, which positively impacted earnings by $0.35 compared to the previous year's unfavorable conditions.</li></ul>

WEC Energy Group's recent financial results and strategic updates highlight several important facets of the company's operations and future outlook, which are essential for investors to consider.Starting with the positives, WEC Energy Group reported a robust 2025 adjusted earnings per share of $5.27, representing an increase of $0.39 per share over the previous year.This growth is supported by several factors including favorable weather conditions, which positively impacted earnings by $0.35 compared to the previous year's unfavorable conditions.

WEC Energy Group: How Could the $2.3 Billion Case Settlement Unlock a Clearer Earnings Path?

<ul><li>WEC Energy Group recently reported its financial results for the third quarter of 2025, showcasing progress and challenges within the company.</li><li>The company announced earnings per share of $0.83 for this quarter, signaling a year-over-year improvement when compared to adjusted earnings from the same period last year.</li><li>For the full year, WEC Energy Group reaffirmed its earnings guidance, predicting a range between $5.17 and $5.27 per share, assuming normal weather patterns continue for the remainder of the year.</li></ul>

WEC Energy Group recently reported its financial results for the third quarter of 2025, showcasing progress and challenges within the company.The company announced earnings per share of $0.83 for this quarter, signaling a year-over-year improvement when compared to adjusted earnings from the same period last year.For the full year, WEC Energy Group reaffirmed its earnings guidance, predicting a range between $5.17 and $5.27 per share, assuming normal weather patterns continue for the remainder of the year.

WEC Energy’s Massive Capex Surge—A Bold Bet on the Future of Power?

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

<ul>
<li>We will stay near-term bullish as long as crucial support levels of 6780-6824 on SPX and $255-$257 on IWM continue to hold</li>
<li>We see deterioration in market dynamics, and while we still expect a period of consolidation/pullback, aforementioned support levels need to break to give us confidence that the pullback has begun.</li>
<li>We are upgrading Staples (XLP) to overweight, and we are downgrading Services to underweight</li>
</ul>


We will stay near-term bullish as long as crucial support levels of 6780-6824 on SPX and $255-$257 on IWM continue to hold
We see deterioration in market dynamics, and while we still expect a period of consolidation/pullback, aforementioned support levels need to break to give us confidence that the pullback has begun.
We are upgrading Staples (XLP) to overweight, and we are downgrading Services to underweight


Upgrading Staples to Overweight; Downgrading Services. Still Cautious; Market Dynamics Deteriorating

United States

WEC Energy Group, Inc. operates as a utilities provider. The Company distributes electricity and natural gas to its customers in Wisconsin, Illinois, Michigan and Minnesota.

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Wec Energy Group (WEC US)

WEC Energy’s $37.5 Billion Buildout Targets A Massive Data Center Power Boom!

WEC Energy Group reported second quarter 2026 earnings of $0.91 per share, representing a $0.15 increase from the same period in 2025. The results...

Baptista Research

Primer: Wec Energy Group (WEC US) - Aug 2026

WEC Energy Group is a pure-play regulated utility with a clear growth trajectory driven by a substantial five-year capital investment plan of...

αSK Primers

WEC Energy Group: How Could the $2.3 Billion Case Settlement Unlock a Clearer Earnings Path?

WEC Energy Group's recent financial results and strategic updates highlight several important facets of the company's operations and future...

Baptista Research

WEC Energy’s Massive Capex Surge—A Bold Bet on the Future of Power?

WEC Energy Group recently reported its financial results for the third quarter of 2025, showcasing progress and challenges within the company. The...

Baptista Research

Upgrading Staples to Overweight; Downgrading Services. Still Cautious; Market Dynamics Deteriorating

Upgrading Staples $XLP to Overweight; Downgrading Services. Cautious $SPX $QQQ; Market Dynamics Deteriorating as Defensives Take the Lead $XLU...

Vermilion Research

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