WESCO International, Inc. (NYSE:WCC) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of WESCO International, Inc. (NYSE:WCC) have been given a consensus recommendation of “Moderate Buy” by the nine ratings firms that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $276.00.

A number of research firms have recently issued reports on WCC. Royal Bank Of Canada increased their price objective 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 cut WESCO International from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. JPMorgan Chase & Co. lifted their price target on WESCO International from $260.00 to $290.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Barclays upped their price objective on WESCO International from $302.00 to $313.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Finally, KeyCorp set a $340.00 target price on WESCO International in a research note on Wednesday, February 11th.

Insider Buying and Selling

In other news, EVP Diane Lazzaris sold 2,747 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $302.61, for a total transaction of $831,269.67. Following the transaction, the executive vice president directly owned 28,865 shares of the company’s stock, valued at approximately $8,734,837.65. This represents a 8.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Cornerstone Planning Group LLC lifted its holdings in shares of WESCO International by 92.7% in the 4th quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company’s stock valued at $26,000 after buying an additional 51 shares during the period. Brown Brothers Harriman & Co. grew its holdings in WESCO International by 166.0% during the third quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company’s stock worth $28,000 after acquiring an additional 83 shares during the period. Rothschild Investment LLC raised its position in WESCO International by 788.2% during the third quarter. Rothschild Investment LLC now owns 151 shares of the technology company’s stock valued at $32,000 after acquiring an additional 134 shares in the last quarter. Torren Management LLC acquired a new position in WESCO International in the fourth quarter valued at approximately $32,000. Finally, Root Financial Partners LLC purchased a new stake in WESCO International in the 3rd quarter worth approximately $37,000. Hedge funds and other institutional investors own 93.75% of the company’s stock.

WESCO International Price Performance

WCC opened at $302.19 on Thursday. The company has a market capitalization of $14.70 billion, a price-to-earnings ratio of 23.14, a PEG ratio of 1.93 and a beta of 1.45. The company has a current ratio of 2.20, a quick ratio of 1.27 and a debt-to-equity ratio of 1.15. WESCO International has a 12-month low of $125.21 and a 12-month high of $319.67. The business’s fifty day simple moving average is $276.68 and its 200-day simple moving average is $246.33.

WESCO International (NYSE:WCC) last released its quarterly earnings data on Tuesday, February 10th. The technology company reported $3.40 earnings per share for the quarter, missing analysts’ consensus estimates of $3.82 by ($0.42). WESCO International had a return on equity of 13.00% and a net margin of 2.72%.The business had revenue of $6.07 billion during the quarter, compared to analysts’ expectations of $6.03 billion. During the same period last year, the company earned $3.16 earnings per share. The firm’s revenue 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. On average, equities research analysts anticipate that WESCO International will post 13.3 earnings per share for the current fiscal year.

WESCO International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a dividend of $0.4538 per share. This represents a $1.82 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Friday, December 12th. WESCO International’s payout ratio is 13.94%.

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.