WESCO International (NYSE:WCC – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 16.000-17.500 for the period, compared to the consensus earnings per share estimate of 16.050. The company issued revenue guidance of $25.9 billion-$26.3 billion, compared to the consensus revenue estimate of $25.4 billion.
Analyst Upgrades and Downgrades
WCC has been the subject of several research reports. KeyCorp upped their target price on WESCO International from $340.00 to $415.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Weiss Ratings raised shares of WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. DA Davidson assumed coverage on shares of WESCO International in a report on Tuesday, June 16th. They issued a “buy” rating and a $440.00 price objective for the company. Stephens raised shares of WESCO International from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $350.00 to $400.00 in a research note on Tuesday, July 14th. Finally, Royal Bank Of Canada increased their target price on shares of WESCO International from $411.00 to $421.00 and gave the company an “outperform” rating in a report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $341.22.
View Our Latest Stock Report on WESCO International
WESCO International Trading Up 11.3%
WESCO International (NYSE:WCC – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The technology company reported $4.57 earnings per share for the quarter, beating analysts’ consensus estimates of $3.98 by $0.59. WESCO International had a return on equity of 13.82% and a net margin of 2.79%.During the same quarter last year, the firm earned $3.83 earnings per share. The business’s revenue was up 13.0% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 16.000-17.500 EPS. Analysts predict that WESCO International will post 15.94 earnings per share for the current fiscal year.
WESCO International Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 12th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $2.00 annualized dividend and a yield of 0.6%. WESCO International’s dividend payout ratio is presently 14.21%.
Insiders Place Their Bets
In other WESCO International news, EVP Hemant Porwal sold 4,445 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $363.21, for a total value of $1,614,468.45. Following the transaction, the executive vice president owned 16,618 shares in the company, valued at approximately $6,035,823.78. The trade was a 21.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Akash Khurana sold 4,000 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $359.13, for a total transaction of $1,436,520.00. Following the sale, the executive vice president owned 30,775 shares of the company’s stock, valued at approximately $11,052,225.75. This represents a 11.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 144,486 shares of company stock worth $51,846,641. 2.60% of the stock is currently owned by insiders.
Key WESCO International News
Here are the key news stories impacting WESCO International this week:
- Positive Sentiment: WESCO reported record second-quarter net sales of approximately $6.7 billion, up 13% year over year and 10% sequentially. Organic sales also rose 13%, while adjusted diluted EPS reached a record $4.57, approximately 35% above the prior-year period and well ahead of Wall Street expectations near $3.96-$3.98. Wesco International Reports Second Quarter 2026 Results
- Positive Sentiment: Data center sales climbed roughly 45% to $1.5 billion, highlighting strong exposure to artificial-intelligence and hyperscale infrastructure spending. Companywide backlog increased about 60% year over year, providing greater visibility into future revenue. WESCO also cited a significant multiyear grid-services award from a hyperscale customer. Wesco International Beats Second-Quarter Expectations as Data Center Business Accelerates
- Positive Sentiment: Profitability improved, with operating margin rising to 5.7% and adjusted EBITDA margin expanding to 7.3%. Management raised its fiscal 2026 outlook to adjusted EPS of $16.00-$17.50 and revenue of $25.9-$26.3 billion, above the approximately $25.4 billion revenue consensus. Wesco International Raises Outlook After Record Q2 Results
- Neutral Sentiment: The recently completed Newark Engineering acquisition is expected to broaden WESCO’s cooling and lifecycle capabilities, potentially strengthening its data center offering, although integration and execution will remain important.
- Negative Sentiment: Recent insider activity has been heavily weighted toward selling, including transactions by senior executives. While such sales may reflect compensation or diversification, they could temper investor sentiment after the stock’s strong run. Wesco International Rallies on Record Q2 Results and a Higher 2026 Outlook
Hedge Funds Weigh In On WESCO International
Several hedge funds have recently made changes to their positions in WCC. Azimuth Capital Investment Management LLC purchased a new stake in WESCO International in the fourth quarter worth $17,545,000. BNP Paribas Financial Markets boosted its holdings in WESCO International by 516.8% in the second quarter. BNP Paribas Financial Markets now owns 41,354 shares of the technology company’s stock valued at $7,659,000 after acquiring an additional 34,649 shares in the last quarter. Ameriprise Financial Inc. increased its position in WESCO International by 6.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 324,068 shares of the technology company’s stock valued at $68,541,000 after purchasing an additional 19,056 shares during the period. Pinebridge Investments LLC purchased a new position in WESCO International during the 4th quarter valued at $3,964,000. Finally, Informed Momentum Co LLC bought a new position in WESCO International in the 4th quarter worth $3,686,000. 93.75% of the stock is owned by hedge funds and other institutional investors.
About WESCO International
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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