Shares of WESCO International, Inc. (NYSE:WCC – Get Free Report) have received an average recommendation of “Moderate Buy” from the eight brokerages that are covering the company, MarketBeat reports. One analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $402.83.
Several brokerages recently commented on WCC. Barclays raised their price objective on shares of WESCO International from $390.00 to $437.00 and gave the company an “overweight” rating in a research note on Monday, October 12th. Weiss Ratings downgraded shares of WESCO International from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Wall Street Zen upgraded WESCO International from a “hold” rating to a “buy” rating in a report on Saturday, October 24th. Zacks Research downgraded WESCO International from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 19th. Finally, Stephens raised WESCO International from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $350.00 to $400.00 in a report on Tuesday, July 14th.
Read Our Latest Stock Report on WESCO International
WESCO International Stock Performance
NYSE WCC opened at $365.17 on Tuesday. The stock has a market capitalization of $17.79 billion, a price-to-earnings ratio of 25.24, a PEG ratio of 2.07 and a beta of 1.54. The business’s 50 day moving average is $350.49 and its two-hundred day moving average is $326.66. WESCO International has a 12-month low of $221.43 and a 12-month high of $388.64. The company has a current ratio of 2.09, a quick ratio of 1.23 and a debt-to-equity ratio of 1.13.
WESCO International (NYSE:WCC – Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The technology company reported $5.77 earnings per share for the quarter, beating analysts’ consensus estimates of $4.69 by $1.08. WESCO International had a return on equity of 14.95% and a net margin of 2.84%. The firm had revenue of $7.23 billion for the quarter, compared to the consensus estimate of $6.87 billion. During the same period in the previous year, the business earned $3.92 earnings per share. The company’s revenue for the quarter was up 16.6% compared to the same quarter last year. Research analysts expect that WESCO International will post 16.77 EPS for the current year.
WESCO International Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Friday, September 11th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, September 11th. This represents a $2.00 annualized dividend and a yield of 0.5%. WESCO International’s dividend payout ratio is 13.82%.
Key Stories Impacting WESCO International
Here are the key news stories impacting WESCO International this week:
- Positive Sentiment: Results exceeded expectations: WESCO reported record net sales of $7.23 billion, up 16.6% year over year and above the $6.87 billion consensus estimate. Adjusted diluted EPS was $5.77, versus the $4.61-$4.70 analyst range and $3.92 a year earlier. Wesco Tops Q3 Earnings and Revenue Estimates
- Positive Sentiment: Data-center demand was a major growth driver: Data-center sales rose approximately 55% year over year to $1.8 billion, while non-data-center sales increased 7%. This supports the investment case tied to data-center infrastructure and related supply-chain spending. Wesco Tops Q3 Estimates on Data Center Surge
- Positive Sentiment: Profitability and backlog improved: Operating profit increased 30.5% to $450.8 million, operating margin expanded to 6.2%, and adjusted EBITDA margin reached 7.8%. Companywide backlog increased roughly 80% year over year, providing stronger visibility into future revenue. Wesco Reports Record Third Quarter Results
- Positive Sentiment: Guidance was raised: Management increased its 2026 outlook, citing record sales, profitability and backlog. Operating cash flow was $194 million, compared with a use of $83 million in the prior-year quarter, while free cash flow was $184 million. Financial leverage also declined to 2.8 times from 3.4 times at 2025 year-end. Wesco Raises 2026 Guidance
Insider Activity
In related news, Director Laura K. Thompson sold 270 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $368.45, for a total value of $99,481.50. Following the sale, the director directly owned 10,720 shares in the company, valued at $3,949,784. The trade was a 2.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Akash Khurana sold 3,400 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $366.78, for a total transaction of $1,247,052.00. Following the completion of the sale, the executive vice president owned 27,404 shares in the company, valued at $10,051,239.12. This represents a 11.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.60% of the company’s stock.
Institutional Investors Weigh In On WESCO International
Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. bought a new position in WESCO International during the 2nd quarter worth $3,094,634,000. Bank of America Corp DE acquired a new stake in WESCO International during the 2nd quarter worth about $296,304,000. Bank of New York Mellon Corp purchased a new stake in shares of WESCO International during the second quarter worth $249,503,000. Alyeska Investment Group L.P. grew its position in WESCO International by 16.2% in the second quarter. Alyeska Investment Group L.P. now owns 653,591 shares of the technology company’s stock worth $225,770,000 after acquiring an additional 91,321 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new position in WESCO International in the 2nd quarter valued at $175,189,000. Hedge funds and other institutional investors own 93.75% of the company’s stock.
About WESCO International
WESCO International, Inc is a business-to-business provider of electrical, communications, security, and supply chain solutions. The company distributes products used in electrical and electronic systems, including wire and cable, lighting, circuit protection, automation and control equipment, data communications infrastructure, security products, and other electrical and industrial supplies.
WESCO serves a broad range of customers, including electrical and data communications contractors, industrial companies, original equipment manufacturers, utilities, commercial and institutional businesses, government entities, and telecommunications providers.
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