WESCO International, Inc. (NYSE:WCC) Receives $276.00 Average PT from Analysts

WESCO International, Inc. (NYSE:WCC) has been assigned an average recommendation of “Moderate Buy” from the nine research firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $276.00.

A number of equities analysts have recently weighed in on WCC shares. Barclays boosted their price target on WESCO International from $302.00 to $313.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. KeyCorp set a $340.00 price objective on WESCO International in a research note on Wednesday, February 11th. Royal Bank Of Canada boosted their target price on shares of WESCO International from $316.00 to $335.00 and gave the company an “outperform” rating in a research note on Wednesday, February 11th. Wall Street Zen lowered shares of WESCO International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, JPMorgan Chase & Co. raised their price target on shares of WESCO International from $260.00 to $290.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th.

Insider Transactions at WESCO International

In other WESCO International news, EVP Diane Lazzaris sold 2,747 shares of WESCO International stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $302.61, for a total value of $831,269.67. Following the completion of the sale, the executive vice president directly owned 28,865 shares of the company’s stock, valued at approximately $8,734,837.65. The trade was a 8.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 20,114 shares of company stock worth $6,128,353 in the last quarter. 3.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in WCC. Greenleaf Trust boosted its holdings in WESCO International by 1.6% in the fourth quarter. Greenleaf Trust now owns 2,646 shares of the technology company’s stock valued at $647,000 after acquiring an additional 41 shares during the last quarter. Cornerstone Planning Group LLC grew its position in WESCO International by 92.7% during the fourth quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company’s stock valued at $26,000 after acquiring an additional 51 shares during the period. Lazard Asset Management LLC increased its stake in WESCO International by 1.4% during the second 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 last quarter. Parallel Advisors LLC raised its holdings in shares of WESCO International by 11.5% in the 4th quarter. Parallel Advisors LLC now owns 581 shares of the technology company’s stock worth $142,000 after purchasing an additional 60 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in shares of WESCO International by 6.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,340 shares of the technology company’s stock worth $283,000 after purchasing an additional 79 shares during the period. Hedge funds and other institutional investors own 93.75% of the company’s stock.

WESCO International Price Performance

Shares of NYSE WCC opened at $251.79 on Monday. The company has a current ratio of 2.20, a quick ratio of 1.27 and a debt-to-equity ratio of 1.15. The company’s 50-day moving average price is $285.71 and its 200 day moving average price is $255.41. WESCO International has a 52 week low of $125.21 and a 52 week high of $319.67. The stock has a market cap of $12.25 billion, a price-to-earnings ratio of 19.28, a PEG ratio of 1.68 and a beta of 1.45.

WESCO International (NYSE:WCC) last released its quarterly earnings results on Tuesday, February 10th. The technology company reported $3.40 EPS for the quarter, missing the consensus estimate of $3.82 by ($0.42). WESCO International had a net margin of 2.72% and a return on equity of 13.00%. The business had revenue of $6.07 billion during the quarter, compared to analyst estimates of $6.03 billion. During the same quarter in the prior year, the company earned $3.16 earnings per share. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. WESCO International has set its FY 2026 guidance at 14.500-16.500 EPS. As a group, research analysts forecast that WESCO International will post 13.3 earnings per share for the current fiscal year.

WESCO International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from WESCO International’s previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. WESCO International’s payout ratio is currently 15.31%.

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.