WESCO International, Inc. (NYSE:WCC – Get Free Report) has received a consensus rating of “Buy” from the nine analysts that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $321.3750.
A number of equities analysts have commented on WCC shares. Weiss Ratings raised WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Stephens upped their price target on WESCO International from $275.00 to $350.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. JPMorgan Chase & Co. upped their price target on WESCO International from $260.00 to $290.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. KeyCorp upped their price target on WESCO International from $340.00 to $415.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Finally, Wall Street Zen lowered WESCO International from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th.
View Our Latest Analysis on WCC
WESCO International Price Performance
WESCO International (NYSE:WCC – Get Free Report) last announced its earnings results on Thursday, April 30th. The technology company reported $3.37 EPS for the quarter, beating analysts’ consensus estimates of $2.88 by $0.49. WESCO International had a return on equity of 13.82% and a net margin of 2.79%.The business had revenue of $6.08 billion during the quarter, compared to analysts’ expectations of $5.86 billion. During the same quarter in the prior year, the firm earned $2.21 earnings per share. The business’s revenue was up 13.8% compared to the same quarter last year. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. As a group, analysts predict that WESCO International will post 15.7 EPS for the current fiscal year.
WESCO International Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. This is a boost from WESCO International’s previous quarterly dividend of $0.45. The ex-dividend date was Friday, March 13th. WESCO International’s dividend payout ratio (DPR) is currently 14.21%.
Insiders Place Their Bets
In related news, CEO John Engel sold 79,440 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $358.75, for a total value of $28,499,100.00. Following the completion of the transaction, the chief executive officer directly owned 478,946 shares in the company, valued at approximately $171,821,877.50. This represents a 14.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO David S. Schulz sold 31,951 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $360.44, for a total value of $11,516,418.44. Following the completion of the transaction, the chief financial officer owned 77,038 shares of the company’s stock, valued at $27,767,576.72. The trade was a 29.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 160,155 shares of company stock valued at $56,360,525. Insiders own 2.60% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. Bessemer Group Inc. grew its position in WESCO International by 2.4% in the first quarter. Bessemer Group Inc. now owns 2,214 shares of the technology company’s stock worth $606,000 after acquiring an additional 51 shares during the period. Bank of New York Mellon Corp grew its position in WESCO International by 10.3% in the first quarter. Bank of New York Mellon Corp now owns 907,473 shares of the technology company’s stock worth $248,303,000 after acquiring an additional 84,905 shares during the period. Teachers Retirement System of The State of Kentucky grew its position in WESCO International by 3.5% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 14,878 shares of the technology company’s stock worth $4,071,000 after acquiring an additional 500 shares during the period. Cedar Mountain Advisors LLC purchased a new position in WESCO International in the first quarter worth approximately $61,000. Finally, DGS Capital Management LLC purchased a new position in WESCO International in the first quarter worth approximately $225,000. 93.75% of the stock is currently owned by hedge funds and other institutional investors.
Key WESCO International News
Here are the key news stories impacting WESCO International this week:
- Positive Sentiment: WESCO’s latest results topped estimates, with EPS of $3.37 versus $2.88 expected and revenue of $6.08 billion versus $5.86 billion expected, while FY 2026 EPS guidance was raised to $15.00-$17.00. This supports the stock’s recent rally and suggests improving earnings momentum.
- Positive Sentiment: Management cited stronger data-center demand and higher forward guidance, which investors appear to view as a durable growth driver for WESCO’s distribution business.
- Positive Sentiment: Several analysts have raised price targets recently, adding credibility to the bullish outlook and helping offset concerns about valuation after the run-up.
- Neutral Sentiment: Stephens kept a Hold/Equal Weight view on WESCO International, even as it lifted its target, indicating some caution after the sharp move higher. Stephens Keeps Their Hold Rating on Wesco International (WCC)
- Negative Sentiment: Multiple insiders sold stock in recent days, including CEO John Engel and CFO David Schulz, which can pressure sentiment because it may look like executives are taking profits after the stock’s strong advance. CEO John Engel SEC Filing
- Negative Sentiment: Additional insider selling from several EVPs, the CAO, and a director reinforced the impression of broad insider profit-taking, which may weigh on the stock near term. Example SEC Filing (Diane Lazzaris)
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.
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