WESCO International, Inc. (NYSE:WCC) Given Average Recommendation of "Buy" by Brokerages

Key Points

• Analysts maintain a bullish view: Eight brokerages give WESCO International a consensus “Buy” rating, with an average 12-month price target of $394.17 versus the reported share price of $350.78.
• Quarterly results exceeded expectations: WESCO reported EPS of $4.57, ahead of the $3.98 consensus estimate, while revenue rose 13% year over year to $6.67 billion. Analysts expect full-year 2026 EPS of approximately $16.89.
• The company announced a quarterly dividend of $0.50 per share, equivalent to $2.00 annually and a 0.6% yield; institutional investors own 93.75% of outstanding shares.

Shares of WESCO International, Inc. (NYSE:WCC - Get Free Report) have received a consensus recommendation of "Buy" from the eight brokerages that are covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $394.1667.

A number of research analysts recently weighed in on the stock. DA Davidson began coverage on shares of WESCO International in a report on Tuesday, June 16th. They issued a "buy" rating and a $440.00 target price for the company. Wall Street Zen downgraded WESCO International from a "buy" rating to a "hold" rating in a report on Sunday, July 12th. Barclays lifted their price objective on shares of WESCO International from $376.00 to $390.00 and gave the company an "overweight" rating in a report on Monday, August 3rd. Royal Bank Of Canada lifted their target price on WESCO International from $421.00 to $430.00 and gave the company an "outperform" rating in a research report on Friday, July 31st. Finally, Zacks Research upgraded shares of WESCO International from a "hold" rating to a "strong-buy" rating in a report on Monday, August 3rd.

WESCO International Trading Down 0.2%

WCC stock opened at $350.78 on Monday. The company has a market capitalization of $17.09 billion, a price-to-earnings ratio of 24.24, a PEG ratio of 2.08 and a beta of 1.53. The business has a 50 day simple moving average of $340.34 and a two-hundred day simple moving average of $325.52. WESCO International has a 1-year low of $203.40 and a 1-year high of $385.37. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.09 and a quick ratio of 1.23.

WESCO International (NYSE:WCC - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The technology company reported $4.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.98 by $0.59. WESCO International had a net margin of 2.84% and a return on equity of 14.95%. The company had revenue of $6.67 billion for the quarter, compared to the consensus estimate of $6.44 billion. During the same period in the previous year, the firm posted $3.83 EPS. WESCO International's revenue for the quarter was up 13.0% compared to the same quarter last year. WESCO International has set its FY 2026 guidance at 16.000-17.500 EPS. Research analysts anticipate that WESCO International will post 16.89 EPS for the current fiscal year.

WESCO International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 11th will be issued a dividend of $0.50 per share. The ex-dividend date is Friday, September 11th. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. WESCO International's dividend payout ratio is currently 13.82%.

Insider Activity at WESCO International

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

Institutional Trading of WESCO International

Large investors have recently bought and sold shares of the stock. Bell Investment Advisors Inc purchased a new stake in shares of WESCO International during the second quarter valued at $26,000. Transamerica Financial Advisors LLC purchased a new position in WESCO International during the second quarter valued at approximately $27,000. Brown Brothers Harriman & Co. lifted its stake in shares of WESCO International by 166.0% in 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 during the period. Jones Financial Companies Lllp acquired a new position in shares of WESCO International in the second quarter worth about $36,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in WESCO International in the 2nd quarter worth about $38,000. Hedge funds and other 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.

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