WESCO International, Inc. (NYSE:WCC) Receives Consensus Rating of “Buy” from Analysts

Shares of WESCO International, Inc. (NYSE:WCC) have been assigned an average rating of “Buy” from the nine analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $276.00.

Several brokerages recently issued reports on WCC. Barclays raised their target price on WESCO International from $302.00 to $313.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Wall Street Zen lowered WESCO International from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. KeyCorp set a $340.00 price target on WESCO International in a research note on Wednesday, February 11th. Royal Bank Of Canada lifted their price objective on WESCO International from $316.00 to $335.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 11th. Finally, Weiss Ratings upgraded WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday.

WESCO International Trading Down 3.0%

WCC opened at $250.34 on Monday. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.20 and a quick ratio of 1.27. WESCO International has a fifty-two week low of $125.21 and a fifty-two week high of $319.67. The company’s 50 day moving average price is $285.14 and its two-hundred day moving average price is $256.16. The firm has a market capitalization of $12.18 billion, a price-to-earnings ratio of 19.17, a PEG ratio of 1.61 and a beta of 1.45.

WESCO International (NYSE:WCC) last released its quarterly earnings results on Tuesday, February 10th. The technology company reported $3.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.82 by ($0.42). The business had revenue of $6.07 billion for the quarter, compared to the consensus estimate of $6.03 billion. WESCO International had a net margin of 2.72% and a return on equity of 13.00%. WESCO International’s revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the business posted $3.16 EPS. WESCO International has set its FY 2026 guidance at 14.500-16.500 EPS. As a group, research analysts predict that WESCO International will post 13.3 earnings per share for the current year.

WESCO International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.8%. This is an increase from WESCO International’s previous quarterly dividend of $0.45. WESCO International’s payout ratio is currently 15.31%.

Insider Buying and Selling at WESCO International

In other news, EVP Diane Lazzaris sold 2,747 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $302.61, for a total transaction of $831,269.67. Following the completion of the sale, the executive vice president directly owned 28,865 shares in the company, valued at $8,734,837.65. This represents a 8.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold 20,114 shares of company stock worth $6,128,353 in the last ninety days. Corporate insiders own 3.10% of the company’s stock.

Institutional Trading of WESCO International

A number of institutional investors have recently bought and sold shares of the company. Cornerstone Planning Group LLC grew its holdings in WESCO International by 92.7% during the 4th quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company’s stock worth $26,000 after acquiring an additional 51 shares during the period. Torren Management LLC acquired a new position in shares of WESCO International in the 4th quarter valued at about $32,000. Brown Brothers Harriman & Co. boosted its position in shares of WESCO International by 166.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company’s stock valued at $28,000 after purchasing an additional 83 shares in the last quarter. Rothschild Investment LLC grew its stake in WESCO International by 788.2% during the third quarter. Rothschild Investment LLC now owns 151 shares of the technology company’s stock worth $32,000 after purchasing an additional 134 shares during the period. Finally, Hilton Head Capital Partners LLC acquired a new stake in WESCO International during the fourth quarter worth approximately $39,000. Institutional investors own 93.75% of the company’s stock.

WESCO International Company Profile

WESCO International, Inc is a leading global distributor of electrical, industrial, communications and utility products, serving a diverse customer base across maintenance, repair and operations (MRO), original equipment manufacturing (OEM) and construction markets. The company offers a comprehensive portfolio of products ranging from power distribution and automation solutions to data communications, security systems and lighting controls. Through an extensive branch network, WESCO provides critical components and value‐added services that help organizations streamline operations and improve reliability in their facilities and infrastructure.

In addition to its broad product offering, WESCO delivers advanced supply chain management and logistics solutions designed to optimize inventory levels, reduce downtime and lower overall procurement costs.