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

WESCO International (NYSE:WCC) had its target price hoisted by analysts at Stephens from $275.00 to $350.00 in a research note issued on Monday,Benzinga reports. The brokerage presently has an “equal weight” rating on the technology company’s stock. Stephens’ price target points to a potential downside of 0.87% from the company’s previous close.

A number of other equities research analysts have also recently issued reports on the company. Wall Street Zen cut WESCO International from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. JPMorgan Chase & Co. lifted their price target on shares of WESCO International from $260.00 to $290.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Barclays increased their price target on WESCO International from $302.00 to $313.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Royal Bank Of Canada increased their target price on WESCO International from $352.00 to $411.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Weiss Ratings downgraded WESCO International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. One research 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. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $313.63.

WESCO International Stock Down 0.4%

Shares of NYSE WCC opened at $353.06 on Monday. The company has a market cap of $17.18 billion, a price-to-earnings ratio of 25.14, a price-to-earnings-growth ratio of 2.28 and a beta of 1.54. WESCO International has a 12-month low of $156.35 and a 12-month high of $355.56. The company has a quick ratio of 1.22, a current ratio of 2.12 and a debt-to-equity ratio of 1.13. The firm’s 50-day simple moving average is $287.21 and its 200 day simple moving average is $272.78.

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

Insider Buying and Selling

In other WESCO International news, EVP Diane Lazzaris sold 2,747 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $302.61, for a total transaction of $831,269.67. Following the sale, the executive vice president owned 28,865 shares of the company’s stock, valued at $8,734,837.65. The trade was a 8.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Daniel J. Castillo purchased 1,400 shares of the business’s stock in a transaction dated Tuesday, March 31st. The stock was bought at an average cost of $266.06 per share, with a total value of $372,484.00. Following the completion of the acquisition, the executive vice president directly owned 15,300 shares of the company’s stock, valued at approximately $4,070,718. This trade represents a 10.07% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold a total of 20,114 shares of company stock worth $6,128,353 over the last 90 days. 2.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On WESCO International

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Cedar Mountain Advisors LLC bought a new stake in WESCO International in the 1st quarter worth $61,000. DGS Capital Management LLC bought a new position in shares of WESCO International during the first quarter valued at approximately $225,000. Hudson Edge Investment Partners Inc. boosted its holdings in WESCO International by 22.3% in the first quarter. Hudson Edge Investment Partners Inc. now owns 3,344 shares of the technology company’s stock valued at $915,000 after acquiring an additional 610 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its position in WESCO International by 49.6% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,084 shares of the technology company’s stock valued at $570,000 after purchasing an additional 691 shares during the period. Finally, Vaughan Nelson Investment Management L.P. grew its holdings in shares of WESCO International by 8.4% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 404,730 shares of the technology company’s stock worth $110,742,000 after acquiring an additional 31,210 shares during the period. 93.75% of the stock is currently owned by institutional investors.

WESCO International Company Profile

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.