WESCO International (WCC) News Today

WESCO International, Inc. (NYSE:WCC) is trading with mixed cues from corporate developments, analyst revisions and market positioning. Recent headlines have driven both positive sentiment and headwinds for the shares.

• Launched 2025 VOLT Scholarship program recipients, boosting corporate responsibility profile and workforce development.
• Held its annual stockholders meeting on May 22, covering governance items and board elections without major surprises.
• Featured in a Q1 holdings update of Seth Klarman’s Baupost Group; no significant change in its WCC stake was reported.
• Equity analysts published their Q2 estimates, with consensus EPS of $3.37 and full-year forecasts near $13.30 per share.
• Zacks Research reduced its Q2 EPS estimate from $3.39 to $3.37 and trimmed the FY2025 outlook slightly.
• JPMorgan Chase cut its WCC price target from $210 to $180, though it kept an “overweight” rating.
• Short interest climbed 25.2% in May to 1.39 million shares, lifting the days-to-cover ratio to 1.7.

Overall, earnings forecast downgrades and rising bearish bets are creating pressure on WCC shares, partially offset by positive corporate initiatives and supportive analyst ratings.