WESCO International (NYSE:WCC) Stock Gets Price Target Increase from Royal Bank Of Canada

Key Points

• Royal Bank of Canada raised WESCO International’s price target to $450 from $435 while maintaining an “outperform” rating, implying 31.45% upside from the reported share price.
• Analyst sentiment remains broadly positive: seven analysts rate WCC a Buy and one rates it Hold, producing a consensus “Moderate Buy” rating and an average price target of $405.33.
• WESCO reported stronger-than-expected quarterly results, with EPS of $5.77 and revenue of $7.23 billion, although shares fell 6.6% to $342.33 during Friday trading.

WESCO International (NYSE:WCC - Get Free Report) had its target price increased by analysts at Royal Bank Of Canada from $435.00 to $450.00 in a research note issued on Friday, Benzinga reports. The firm currently has an "outperform" rating on the technology company's stock. Royal Bank Of Canada's target price would suggest a potential upside of 31.45% from the stock's current price.

A number of other research firms also recently commented on WCC. 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. Wall Street Zen raised WESCO International from a "hold" rating to a "buy" rating in a research report on Saturday, October 24th. Weiss Ratings lowered WESCO International from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, October 23rd. Zacks Research downgraded shares of WESCO International from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 19th. Finally, Barclays upped their price objective on shares of WESCO International from $390.00 to $437.00 and gave the company an "overweight" rating in a research report on Monday, October 12th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $405.33.

WESCO International Stock Down 6.6%

Shares of WCC traded down $24.38 during mid-day trading on Friday, hitting $342.33. 179,552 shares of the company's stock were exchanged, compared to its average volume of 606,488. WESCO International has a fifty-two week low of $240.55 and a fifty-two week high of $388.64. The stock's 50-day moving average is $350.49 and its 200-day moving average is $326.66. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.23 and a current ratio of 2.09. The company has a market cap of $16.68 billion, a price-to-earnings ratio of 23.68, a P/E/G ratio of 2.07 and a beta of 1.54.

WESCO International (NYSE:WCC - Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The technology company reported $5.77 EPS for the quarter, beating the consensus estimate of $4.69 by $1.08. WESCO International had a net margin of 2.84% and a return on equity of 14.95%. The company had revenue of $7.23 billion for the quarter, compared to analyst estimates of $6.87 billion. During the same period in the prior year, the firm posted $3.92 earnings per share. The firm's revenue was up 16.6% on a year-over-year basis. On average, sell-side analysts anticipate that WESCO International will post 16.77 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Akash Khurana sold 3,400 shares of the business's stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $366.78, for a total transaction of $1,247,052.00. Following the completion of the transaction, the executive vice president directly owned 27,404 shares in the company, valued at approximately $10,051,239.12. The trade was a 11.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Daniel J. Castillo purchased 960 shares of WESCO International stock in a transaction on Tuesday, August 4th. The shares were acquired at an average price of $365.89 per share, with a total value of $351,254.40. Following the transaction, the executive vice president directly owned 16,305 shares in the company, valued at $5,965,836.45. This trade represents a 6.26% increase in their position. The disclosure for this purchase is available in the SEC filing. 2.60% of the stock is owned by insiders.

Hedge Funds Weigh In On WESCO International

Hedge funds have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of WESCO International in the second quarter valued at approximately $3,094,634,000. Bank of America Corp DE acquired a new stake in WESCO International in the 2nd quarter valued at approximately $296,304,000. Bank of New York Mellon Corp bought a new stake in shares of WESCO International during the 2nd quarter worth approximately $249,503,000. Alyeska Investment Group L.P. raised its holdings in shares of WESCO International by 16.2% in the 2nd quarter. Alyeska Investment Group L.P. now owns 653,591 shares of the technology company's stock valued at $225,770,000 after purchasing an additional 91,321 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of WESCO International during the 2nd quarter worth about $175,189,000. 93.75% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about WESCO International

Here are the key news stories impacting WESCO International this week:

• Positive Sentiment: WESCO reported record third-quarter sales of $7.2 billion, up 16.6% year over year and 8% sequentially. Adjusted diluted EPS reached a record $5.77, well above the $4.61-$4.69 analyst estimates, while revenue also exceeded expectations. Wesco International Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Growth was led by data-center demand: sales in that business rose approximately 55% year over year to $1.8 billion. Total backlog increased about 80%, supporting expectations for continued demand tied to data-center and infrastructure investment. Wesco International Tops Q3 2026 Estimates on Data Center Surge
• Positive Sentiment: Profitability and cash generation improved. Operating margin expanded to 6.2%, adjusted EBITDA margin reached 7.8%, operating cash flow was $194 million, and financial leverage declined to 2.8 times from 3.4 times at the end of 2025. Wesco International Reports Record Third Quarter 2026 Results
• Positive Sentiment: Management raised its full-year 2026 earnings guidance and provided an outlook for the fourth quarter, citing record sales, profitability and backlog. The higher outlook reinforces confidence in sustained operating momentum. WESCO International Raises Earnings Guidance for Full Year 2026
• Neutral Sentiment: Despite the earnings and guidance beats, WCC shares have decreased. The move may reflect profit-taking or elevated investor expectations following a substantial rally, rather than deterioration in the reported fundamentals.

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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