WESCO International (NYSE:WCC) Given New $450.00 Price Target at Royal Bank Of Canada

WESCO International (NYSE:WCC) had its price target boosted by equities research analysts at Royal Bank Of Canada from $435.00 to $450.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has an “outperform” rating on the technology company’s stock. Royal Bank Of Canada‘s price objective would suggest a potential upside of 31.45% from the stock’s previous close.

A number of other research analysts have also commented on WCC. Barclays upped their price target on WESCO International from $390.00 to $437.00 and gave the company an “overweight” rating in a research report on Monday, October 12th. Zacks Research downgraded WESCO International from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. Weiss Ratings downgraded WESCO International from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 23rd. Wall Street Zen upgraded shares of WESCO International from a “hold” rating to a “buy” rating in a research note on Saturday, October 24th. Finally, Stephens raised shares of WESCO International from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $350.00 to $400.00 in a report on Tuesday, July 14th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, WESCO International has a consensus rating of “Moderate Buy” and an average price target of $405.33.

WESCO International Stock Performance

NYSE WCC traded down $24.38 on Friday, hitting $342.33. 179,552 shares of the stock traded hands, compared to its average volume of 606,488. The business’s fifty day moving average is $350.49 and its two-hundred day moving average is $326.66. WESCO International has a 12 month low of $240.55 and a 12 month high of $388.64. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.23 and a current ratio of 2.09. The firm has a market capitalization of $16.68 billion, a price-to-earnings ratio of 23.68, a PEG ratio of 2.07 and a beta of 1.54.

WESCO International (NYSE:WCC) last announced its quarterly earnings results on Thursday, October 29th. The technology company reported $5.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.69 by $1.08. The firm had revenue of $7.23 billion for the quarter, compared to the consensus estimate of $6.87 billion. WESCO International had a net margin of 2.84% and a return on equity of 14.95%. The company’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same period in the prior year, the firm posted $3.92 earnings per share. As a group, equities analysts anticipate that WESCO International will post 16.77 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Akash Khurana sold 3,400 shares of WESCO International stock in a transaction on Monday, August 17th. The shares were sold at an average price of $366.78, for a total transaction of $1,247,052.00. Following the completion of the sale, the executive vice president directly owned 27,404 shares in the company, valued at approximately $10,051,239.12. The trade was a 11.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Laura Thompson sold 270 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $368.45, for a total value of $99,481.50. Following the sale, the director directly owned 10,720 shares in the company, valued at $3,949,784. This represents a 2.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.60% of the stock is owned by insiders.

Hedge Funds Weigh In On WESCO International

Institutional investors have recently added to or reduced their stakes in the stock. AIA Group Ltd lifted its stake in shares of WESCO International by 12.5% in the 3rd quarter. AIA Group Ltd now owns 13,500 shares of the technology company’s stock valued at $4,854,000 after purchasing an additional 1,500 shares during the last quarter. Provenance Wealth Advisors LLC acquired a new stake in shares of WESCO International during the third quarter worth about $94,000. Oregon Public Employees Retirement Fund boosted its stake in shares of WESCO International by 0.4% in the third quarter. Oregon Public Employees Retirement Fund now owns 10,095 shares of the technology company’s stock valued at $3,630,000 after purchasing an additional 37 shares during the period. Vise Technologies Inc. grew its holdings in shares of WESCO International by 33.0% in the third quarter. Vise Technologies Inc. now owns 4,060 shares of the technology company’s stock valued at $1,460,000 after purchasing an additional 1,007 shares in the last quarter. Finally, MGO One Seven LLC grew its holdings in shares of WESCO International by 6.1% in the third quarter. MGO One Seven LLC now owns 905 shares of the technology company’s stock valued at $325,000 after purchasing an additional 52 shares in the last quarter. Hedge funds and other institutional investors own 93.75% of the company’s stock.

More WESCO International News

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

• Positive Sentiment: WESCO reported record third-quarter sales of $7.2 billion, up 16.6% year over year and 8% sequentially. Adjusted diluted EPS reached a record $5.77, well above the $4.61-$4.69 analyst estimates, while revenue also exceeded expectations. Wesco International Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Growth was led by data-center demand: sales in that business rose approximately 55% year over year to $1.8 billion. Total backlog increased about 80%, supporting expectations for continued demand tied to data-center and infrastructure investment. Wesco International Tops Q3 2026 Estimates on Data Center Surge
• Positive Sentiment: Profitability and cash generation improved. Operating margin expanded to 6.2%, adjusted EBITDA margin reached 7.8%, operating cash flow was $194 million, and financial leverage declined to 2.8 times from 3.4 times at the end of 2025. Wesco International Reports Record Third Quarter 2026 Results
• Positive Sentiment: Management raised its full-year 2026 earnings guidance and provided an outlook for the fourth quarter, citing record sales, profitability and backlog. The higher outlook reinforces confidence in sustained operating momentum. WESCO International Raises Earnings Guidance for Full Year 2026
• Neutral Sentiment: Despite the earnings and guidance beats, WCC shares have decreased. The move may reflect profit-taking or elevated investor expectations following a substantial rally, rather than deterioration in the reported fundamentals.

WESCO International Company Profile

WESCO International, Inc is a business-to-business provider of electrical, communications, security, and supply chain solutions. The company distributes products used in electrical and electronic systems, including wire and cable, lighting, circuit protection, automation and control equipment, data communications infrastructure, security products, and other electrical and industrial supplies.

WESCO serves a broad range of customers, including electrical and data communications contractors, industrial companies, original equipment manufacturers, utilities, commercial and institutional businesses, government entities, and telecommunications providers.