WESCO International (NYSE:WCC) Hits New 1-Year High – What’s Next?

WESCO International, Inc. (NYSE:WCC)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $323.25 and last traded at $323.8450, with a volume of 53143 shares. The stock had previously closed at $307.87.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Barclays increased their target price on shares of WESCO International from $302.00 to $313.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. JPMorgan Chase & Co. increased their target price on shares of WESCO International from $260.00 to $290.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Weiss Ratings cut shares of WESCO International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. KeyCorp set a $340.00 target price on shares of WESCO International in a report on Wednesday, February 11th. Finally, Wall Street Zen cut shares of WESCO International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. One equities 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $276.00.

WESCO International Stock Up 3.4%

The firm has a market capitalization of $15.49 billion, a P/E ratio of 24.38, a PEG ratio of 1.98 and a beta of 1.44. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.27 and a current ratio of 2.20. The business’s fifty day moving average price is $283.86 and its two-hundred day moving average price is $265.92.

WESCO International (NYSE:WCC) last released its quarterly earnings results 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 net margin of 2.72% and a return on equity of 13.00%. The firm had revenue of $6.07 billion during the quarter, compared to the consensus estimate of $6.03 billion. During the same quarter in the prior year, the business posted $3.16 earnings per share. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 14.500-16.500 EPS. Equities analysts expect that WESCO International, Inc. will post 13.3 earnings per share for the current fiscal year.

WESCO International Increases Dividend

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

Insider Buying and Selling

In related 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 in the company, valued at $8,734,837.65. This trade represents a 8.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Daniel J. Castillo bought 1,400 shares of the stock in a transaction that occurred on Tuesday, March 31st. The stock was bought at an average price of $266.06 per share, with a total value of $372,484.00. Following the completion of the purchase, the executive vice president directly owned 15,300 shares in the company, valued at $4,070,718. This represents a 10.07% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 20,114 shares of company stock valued at $6,128,353 over the last quarter. 3.30% of the stock is owned by company insiders.

Institutional Trading of WESCO International

Institutional investors have recently bought and sold shares of the stock. Cornerstone Planning Group LLC boosted its stake in WESCO International by 92.7% in the 4th quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company’s stock worth $26,000 after purchasing an additional 51 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in WESCO International by 166.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company’s stock worth $28,000 after purchasing an additional 83 shares in the last quarter. Rothschild Investment LLC boosted its stake in WESCO International by 788.2% in the 3rd quarter. Rothschild Investment LLC now owns 151 shares of the technology company’s stock worth $32,000 after purchasing an additional 134 shares in the last quarter. Torren Management LLC acquired a new stake in WESCO International in the 4th quarter worth approximately $32,000. Finally, Root Financial Partners LLC acquired a new stake in WESCO International in the 3rd quarter worth approximately $37,000. 93.75% of the stock is currently owned by institutional investors and hedge funds.

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.