KeyCorp Boosts WESCO International (NYSE:WCC) Price Target to $415.00

Key Points

• KeyCorp raised its price target on WESCO International from $340 to $415 and kept an "overweight" rating, implying roughly a 20.66% upside from the current share price.
• WESCO beat Q1 estimates (EPS $3.37 vs. $2.88; revenue $6.08B vs. $5.86B), saw data‑center sales surge ~70% YoY to ~$1.4B, and raised FY2026 guidance to EPS $15.00–17.00 and revenue $24.8B–$25.6B.
• Despite recent analyst target increases, the consensus average target remains $285.38 with a "Moderate Buy" rating; institutional ownership is high (~93.75%) and insider activity is mixed (notable EVP sale of 17,294 shares and a separate EVP purchase of 1,400 shares).

WESCO International (NYSE:WCC - Get Free Report) had its price objective upped by analysts at KeyCorp from $340.00 to $415.00 in a research note issued on Friday,Benzinga reports. The firm presently has an "overweight" rating on the technology company's stock. KeyCorp's price objective points to a potential upside of 20.66% from the stock's current price.

Several other research firms have also recently issued reports on WCC. Wall Street Zen cut shares of WESCO International from a "buy" rating to a "hold" rating in a report on Saturday, January 17th. JPMorgan Chase & Co. upped their target price on shares of WESCO International from $260.00 to $290.00 and gave the stock an "overweight" rating in a research report on Friday, January 16th. Royal Bank Of Canada upped their target price on shares of WESCO International from $316.00 to $335.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 11th. Weiss Ratings lowered shares of WESCO International from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, April 6th. Finally, Barclays upped their target price on shares of WESCO International from $302.00 to $313.00 and gave the stock an "overweight" rating in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, WESCO International currently has an average rating of "Moderate Buy" and an average target price of $285.38.

WESCO International Stock Performance

NYSE WCC traded down $5.18 during trading on Friday, reaching $343.94. The company's stock had a trading volume of 42,078 shares, compared to its average volume of 588,936. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.27 and a current ratio of 2.20. The firm has a market cap of $16.74 billion, a price-to-earnings ratio of 26.52, a P/E/G ratio of 1.96 and a beta of 1.44. WESCO International has a twelve month low of $156.28 and a twelve month high of $355.56. The business's fifty day moving average price is $287.21 and its 200-day moving average price is $271.99.

WESCO International (NYSE:WCC - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $3.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.88 by $0.49. The firm had revenue of $6.08 billion during the quarter, compared to analysts' expectations of $5.86 billion. WESCO International had a net margin of 2.72% and a return on equity of 13.00%. The firm's revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.21 earnings per share. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. As a group, analysts anticipate that WESCO International will post 15.55 EPS for the current fiscal year.

Insider Activity

In other news, EVP Diane Lazzaris sold 17,294 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $305.00, for a total value of $5,274,670.00. Following the sale, the executive vice president directly owned 29,065 shares in the company, valued at $8,864,825. This represents a 37.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Daniel J. Castillo purchased 1,400 shares of the stock in a transaction dated Tuesday, March 31st. The stock was acquired at an average price of $266.06 per share, for a total transaction of $372,484.00. Following the completion of the transaction, the executive vice president directly owned 15,300 shares of the company's stock, valued at approximately $4,070,718. The trade was a 10.07% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold 20,114 shares of company stock worth $6,128,353 over the last 90 days. 3.30% of the stock is currently owned by company insiders.

Institutional Trading of WESCO International

Several large investors have recently modified their holdings of WCC. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in shares of WESCO International by 19.5% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 686,630 shares of the technology company's stock valued at $145,222,000 after buying an additional 111,930 shares during the period. Public Employees Retirement Association of Colorado raised its stake in WESCO International by 1,674.7% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 88,645 shares of the technology company's stock worth $21,686,000 after purchasing an additional 83,650 shares during the period. Van Lanschot Kempen Investment Management N.V. raised its stake in WESCO International by 74.8% during the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 186,012 shares of the technology company's stock worth $45,506,000 after purchasing an additional 79,612 shares during the period. Davis Selected Advisers raised its stake in WESCO International by 24.6% during the fourth quarter. Davis Selected Advisers now owns 364,502 shares of the technology company's stock worth $89,172,000 after purchasing an additional 71,932 shares during the period. Finally, Azimuth Capital Investment Management LLC purchased a new position in WESCO International during the fourth quarter worth approximately $17,545,000. 93.75% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting WESCO International

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

• Positive Sentiment: Q1 results beat expectations — adjusted EPS $3.37 vs. $2.88 expected and revenue $6.08B vs. $5.86B consensus; adjusted EPS climbed ~52% YoY. Wesco International Reports First Quarter 2026 Results
• Positive Sentiment: Data‑center business accelerating — data center sales ~ $1.4B, up ~70% YoY; company said it is “riding the data center wave,” a high‑growth end market driving higher margins and backlog. Wesco International Rides Data Center Wave Higher
• Positive Sentiment: Backlog, margins and cash flow improved — record company backlog up ~22% YoY; operating margin 4.8% (up 30 bps), adjusted EBITDA margin 6.4% (up 60 bps); operating cash flow $221M and free cash flow $213M. Wesco International Reports First Quarter 2026 Results
• Positive Sentiment: Company raised FY2026 outlook — EPS guidance 15.00–17.00 and revenue guidance $24.8B–$25.6B, signaling management confidence after a strong start to the year. Wesco International: Q1 Earnings Snapshot
• Positive Sentiment: Analyst and media reaction is bullish — multiple outlets highlight the outperformance and momentum; headlines note meaningful share gains after the print. Wesco shares jump 6% after strong earnings outperformance
• Neutral Sentiment: Guidance range leaves some uncertainty — the wide EPS range (15.00–17.00) implies execution will matter over the year despite the raise; analysts are split around the midpoint. Wesco International (WCC) Q1 Earnings and Revenues Top Estimates
• Neutral Sentiment: Corporate recognition / ESG angle — named a top company for Latinos to work for, supportive for reputation but unlikely to move near‑term fundamentals. Wesco Recognized Again as a Top Company for Latinos to Work

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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