WESCO International (NYSE:WCC) Releases FY 2026 Earnings Guidance

WESCO International (NYSE:WCCGet Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 15.000-17.000 for the period, compared to the consensus estimate of 15.640. The company issued revenue guidance of $24.8 billion-$25.6 billion, compared to the consensus revenue estimate of $25.2 billion.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Weiss Ratings lowered shares of WESCO International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Barclays raised their price objective on shares of WESCO International from $302.00 to $313.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. JPMorgan Chase & Co. raised their price objective on shares of WESCO International from $260.00 to $290.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Wall Street Zen lowered shares of WESCO International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, KeyCorp set a $340.00 price objective on shares of WESCO International in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $276.00.

Get Our Latest Stock Analysis on WESCO International

WESCO International Trading Up 14.5%

WESCO International stock traded up $44.38 during mid-day trading on Thursday, hitting $349.65. 1,594,369 shares of the stock were exchanged, compared to its average volume of 509,525. The company has a quick ratio of 1.27, a current ratio of 2.20 and a debt-to-equity ratio of 1.15. WESCO International has a 12 month low of $151.45 and a 12 month high of $355.56. The firm’s fifty day simple moving average is $287.21 and its two-hundred day simple moving average is $271.99. The stock has a market capitalization of $17.01 billion, a price-to-earnings ratio of 26.77, a PEG ratio of 1.96 and a beta of 1.44.

WESCO International (NYSE:WCCGet Free Report) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $3.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.82 by $0.55. WESCO International had a net margin of 2.72% and a return on equity of 13.00%. The firm had revenue of $6.08 billion during the quarter, compared to analyst estimates of $5.85 billion. During the same quarter last year, the business earned $2.21 EPS. The company’s revenue was up 13.8% compared to the same quarter last year. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. Analysts forecast that WESCO International will post 15.55 EPS for the current year.

WESCO International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were paid a $0.50 dividend. The ex-dividend date was Friday, March 13th. This represents a $2.00 annualized dividend and a dividend yield of 0.6%. This is an increase from WESCO International’s previous quarterly dividend of $0.45. WESCO International’s dividend payout ratio (DPR) is presently 15.31%.

Insider Buying and Selling at WESCO International

In related news, EVP Daniel J. Castillo acquired 1,400 shares of the stock in a transaction dated Tuesday, March 31st. The stock was bought at an average price of $266.06 per share, for a total transaction of $372,484.00. Following the purchase, the executive vice president directly owned 15,300 shares of the company’s stock, valued at $4,070,718. The trade was a 10.07% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Diane Lazzaris sold 2,747 shares of WESCO International 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 completion of the sale, the executive vice president owned 28,865 shares of the company’s stock, valued at $8,734,837.65. This represents a 8.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 20,114 shares of company stock valued at $6,128,353 in the last quarter. 3.30% of the stock is currently owned by company insiders.

More WESCO International News

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

Institutional Trading of WESCO International

Several hedge funds have recently modified their holdings of the stock. Lazard Asset Management LLC increased its stake in shares of WESCO International by 1.4% in the 2nd quarter. Lazard Asset Management LLC now owns 4,006 shares of the technology company’s stock valued at $740,000 after acquiring an additional 54 shares in the last quarter. Parallel Advisors LLC increased its stake 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 valued at $142,000 after acquiring an additional 60 shares in the last quarter. Brown Brothers Harriman & Co. increased its stake in shares of WESCO International by 166.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company’s stock valued at $28,000 after acquiring an additional 83 shares in the last quarter. Third Avenue Management LLC increased its stake in shares of WESCO International by 1.0% in the 4th quarter. Third Avenue Management LLC now owns 20,295 shares of the technology company’s stock valued at $4,965,000 after acquiring an additional 202 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new stake in shares of WESCO International in the 4th quarter valued at $56,000. 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.

Read More

Earnings History and Estimates for WESCO International (NYSE:WCC)

Receive News & Ratings for WESCO International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WESCO International and related companies with MarketBeat.com's FREE daily email newsletter.