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

Key Points

• WESCO International has a consensus “Buy” rating from eight analysts, with six buys, one hold, and one strong buy. The average 12-month price target is $394.17.
• The company reported quarterly EPS of $4.57, exceeding the $3.98 analyst consensus, while revenue rose 13% year over year to $6.67 billion. Fiscal 2026 EPS guidance is $16.00–$17.50.
• WCC shares opened at $370.47, up 3.0%, near their 52-week high of $385.37. WESCO also declared a quarterly dividend of $0.50 per share, equivalent to a 0.5% annual yield.

WESCO International, Inc. (NYSE:WCC - Get Free Report) has earned a consensus rating of "Buy" from the eight research firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $394.17.

WCC has been the subject of several recent analyst reports. Wall Street Zen downgraded shares of WESCO International from a "buy" rating to a "hold" rating in a research report on Sunday, July 12th. Zacks Research upgraded shares of WESCO International from a "hold" rating to a "strong-buy" rating in a report on Monday, August 3rd. Royal Bank Of Canada increased their price objective on shares of WESCO International from $421.00 to $430.00 and gave the stock an "outperform" rating in a research report on Friday, July 31st. Weiss Ratings downgraded WESCO International from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday, September 1st. Finally, Barclays boosted their price objective on WESCO International from $376.00 to $390.00 and gave the company an "overweight" rating in a report on Monday, August 3rd.

Insider Transactions at WESCO International

In other news, EVP Akash Khurana sold 3,400 shares of the company'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 value of $1,247,052.00. Following the completion of the transaction, the executive vice president directly owned 27,404 shares of the company's stock, valued at $10,051,239.12. This represents a 11.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Laura Thompson sold 270 shares of the business's stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $368.45, for a total transaction of $99,481.50. Following the completion of the transaction, the director directly owned 10,720 shares in the company, valued at $3,949,784. This trade represents a 2.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 2.60% of the company's stock.

Institutional Investors Weigh In On WESCO International

Several institutional investors have recently made changes to their positions in the stock. Trust Point Inc. raised its position in WESCO International by 4.5% during the second quarter. Trust Point Inc. now owns 771 shares of the technology company's stock valued at $266,000 after purchasing an additional 33 shares in the last quarter. Sheets Smith Wealth Management grew its position in shares of WESCO International by 2.2% in the 2nd quarter. Sheets Smith Wealth Management now owns 1,565 shares of the technology company's stock worth $541,000 after buying an additional 34 shares during the last quarter. Bessemer Group Inc. increased its position in shares of WESCO International by 2.4% during the first quarter. Bessemer Group Inc. now owns 2,214 shares of the technology company's stock valued at $606,000 after buying an additional 51 shares during the period. Arizona State Retirement System grew its holdings in shares of WESCO International by 0.5% during the 2nd quarter. Arizona State Retirement System now owns 13,427 shares of the technology company's stock worth $4,638,000 after acquiring an additional 65 shares during the period. Finally, Bell Investment Advisors Inc bought a new position in WESCO International in the second quarter worth $26,000. Hedge funds and other institutional investors own 93.75% of the company's stock.

WESCO International Trading Up 3.0%

Shares of WCC stock opened at $370.47 on Friday. WESCO International has a 1-year low of $207.39 and a 1-year high of $385.37. The company has a current ratio of 2.09, a quick ratio of 1.23 and a debt-to-equity ratio of 1.13. The stock has a market cap of $18.05 billion, a price-to-earnings ratio of 25.60, a PEG ratio of 2.14 and a beta of 1.54. The stock has a 50-day moving average of $351.00 and a 200-day moving average of $334.91.

WESCO International (NYSE:WCC - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The technology company reported $4.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.98 by $0.59. WESCO International had a net margin of 2.84% and a return on equity of 14.95%. The firm had revenue of $6.67 billion during the quarter, compared to analyst estimates of $6.44 billion. During the same quarter last year, the business earned $3.83 EPS. The company's revenue 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. On average, equities research analysts forecast that WESCO International will post 16.77 earnings per share for the current year.

WESCO International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Friday, September 11th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Friday, September 11th. WESCO International's payout ratio is currently 13.82%.

About WESCO International

WESCO International, Inc is a global provider of electrical, communications, utility and supply chain solutions. Through its distribution and service operations, the company supplies products used in commercial, industrial, institutional, utility, data center, broadband and residential markets.

Its product offerings include electrical and electronic components, wire and cable, lighting and controls, network infrastructure, security and safety products, automation equipment, and general industrial supplies.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.