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WESCO International (NYSE:WCC) Stock Price Expected to Rise, Barclays Analyst Says

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Key Points

  • Barclays raised its target on WESCO from $313 to $375 and maintained an overweight rating, implying about a 9.3% upside from the recent price.
  • WESCO beat quarterly estimates with $3.37 EPS vs. $2.88 and revenue of $6.08B vs. $5.86B, and set FY2026 guidance of 15.0–17.0 EPS (analysts average 15.56).
  • The analyst consensus is a Moderate Buy with a consensus price target of $321.38, though several firms have recently lifted targets while a few have trimmed ratings.
  • MarketBeat previews top five stocks to own in June.

WESCO International (NYSE:WCC - Get Free Report) had its target price boosted by research analysts at Barclays from $313.00 to $375.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has an "overweight" rating on the technology company's stock. Barclays's target price indicates a potential upside of 9.26% from the stock's current price.

Other analysts have also recently issued research reports about the company. JPMorgan Chase & Co. lifted their price target on WESCO International from $260.00 to $290.00 and gave the company an "overweight" rating in a report on Friday, January 16th. Royal Bank Of Canada boosted their target price on WESCO International from $352.00 to $411.00 and gave the stock an "outperform" rating in a report on Friday. Stephens boosted their target price on WESCO International from $275.00 to $350.00 and gave the stock an "equal weight" rating in a report on Monday. Weiss Ratings cut WESCO International from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, April 6th. Finally, Wall Street Zen cut WESCO International from a "buy" rating to a "hold" rating in a report on Saturday, January 17th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $321.38.

Read Our Latest Stock Report on WCC

WESCO International Trading Down 3.2%

WCC traded down $11.36 during midday trading on Monday, hitting $343.23. The company's stock had a trading volume of 129,389 shares, compared to its average volume of 591,949. The company has a current ratio of 2.12, a quick ratio of 1.22 and a debt-to-equity ratio of 1.13. The firm has a market cap of $16.70 billion, a P/E ratio of 24.40, a PEG ratio of 2.28 and a beta of 1.54. The firm has a 50-day moving average price of $287.21 and a two-hundred day moving average price of $272.78. WESCO International has a 52-week low of $156.35 and a 52-week high of $355.56.

WESCO International (NYSE:WCC - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $3.37 EPS for the quarter, beating the consensus estimate of $2.88 by $0.49. The company had revenue of $6.08 billion during the quarter, compared to analysts' expectations of $5.86 billion. WESCO International had a return on equity of 13.82% and a net margin of 2.79%.The firm's revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.21 EPS. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. On average, research analysts anticipate that WESCO International will post 15.56 earnings per share for the current year.

Insider Transactions at WESCO International

In related news, EVP Daniel J. Castillo purchased 1,400 shares of the firm's stock in a transaction on Tuesday, March 31st. The stock was purchased at an average price of $266.06 per share, for a total transaction of $372,484.00. Following the acquisition, the executive vice president directly owned 15,300 shares in the company, valued at $4,070,718. The trade was a 10.07% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Diane Lazzaris sold 2,747 shares of the company's stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $302.61, for a total value of $831,269.67. Following the completion of the transaction, the executive vice president owned 28,865 shares of the company's stock, valued at approximately $8,734,837.65. This represents a 8.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 20,114 shares of company stock valued at $6,128,353 in the last quarter. Company insiders own 2.60% of the company's stock.

Hedge Funds Weigh In On WESCO International

A number of institutional investors and hedge funds have recently bought and sold shares of WCC. EverSource Wealth Advisors LLC boosted its holdings in WESCO International by 95.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 753 shares of the technology company's stock worth $139,000 after acquiring an additional 368 shares during the period. Gamco Investors INC. ET AL purchased a new position in WESCO International in the 2nd quarter worth approximately $573,000. California State Teachers Retirement System boosted its holdings in WESCO International by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 45,604 shares of the technology company's stock worth $8,446,000 after acquiring an additional 365 shares during the period. BNP Paribas Financial Markets boosted its holdings in WESCO International by 516.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 41,354 shares of the technology company's stock worth $7,659,000 after acquiring an additional 34,649 shares during the period. Finally, Lazard Asset Management LLC boosted its holdings in WESCO International by 1.4% in the 2nd quarter. Lazard Asset Management LLC now owns 4,006 shares of the technology company's stock worth $740,000 after acquiring an additional 54 shares during the period. Hedge funds and other institutional investors own 93.75% of the company's stock.

WESCO International Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for WESCO International (NYSE:WCC)

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.

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