WESCO International (NYSE:WCC – Get Free Report) had its target price hoisted by stock analysts at Royal Bank Of Canada from $421.00 to $430.00 in a report issued on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the technology company’s stock. Royal Bank Of Canada’s target price would suggest a potential upside of 24.88% from the company’s previous close.
WCC has been the subject of a number of other reports. KeyCorp increased their price target on shares of WESCO International from $340.00 to $415.00 and gave the company an “overweight” rating in a report on Friday, May 1st. DA Davidson began coverage on shares of WESCO International in a report on Tuesday, June 16th. They set a “buy” rating and a $440.00 price objective on the stock. Weiss Ratings raised shares of WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Barclays increased their target price on shares of WESCO International from $313.00 to $375.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Finally, Wall Street Zen lowered WESCO International from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. One equities research analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $342.22.
Read Our Latest Research Report on WESCO International
WESCO International Stock Performance
WESCO International (NYSE:WCC – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The technology company reported $4.57 earnings per share for the quarter, beating the consensus estimate of $3.98 by $0.59. The company had revenue of $6.67 billion during the quarter, compared to analysts’ expectations of $6.44 billion. WESCO International had a return on equity of 13.82% and a net margin of 2.79%.WESCO International’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period in the prior year, the business earned $3.83 earnings per share. WESCO International has set its FY 2026 guidance at 16.000-17.500 EPS. Equities research analysts forecast that WESCO International will post 15.94 earnings per share for the current fiscal year.
Insider Buying and Selling at WESCO International
In other news, CFO David S. Schulz sold 31,951 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $360.44, for a total transaction of $11,516,418.44. Following the completion of the sale, the chief financial officer owned 77,038 shares of the company’s stock, valued at $27,767,576.72. This represents a 29.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Christine Ann Wolf sold 2,549 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $355.25, for a total transaction of $905,532.25. Following the completion of the transaction, the executive vice president directly owned 29,570 shares of the company’s stock, valued at approximately $10,504,742.50. The trade was a 7.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 144,486 shares of company stock worth $51,846,641 in the last quarter. Company insiders own 2.60% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the company. Cornerstone Planning Group LLC raised its stake in WESCO International by 92.7% in the fourth 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. Torren Management LLC acquired a new stake in shares of WESCO International during the fourth quarter valued at about $32,000. Brown Brothers Harriman & Co. boosted its position in WESCO International by 166.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company’s stock worth $28,000 after buying an additional 83 shares during the period. Hilton Head Capital Partners LLC bought a new stake in WESCO International during the 4th quarter worth approximately $39,000. Finally, V Square Quantitative Management LLC acquired a new position in WESCO International in the 4th quarter valued at approximately $52,000. 93.75% of the stock is currently owned by institutional investors and hedge funds.
WESCO International News Summary
Here are the key news stories impacting WESCO International this week:
- Positive Sentiment: WESCO reported record second-quarter net sales of approximately $6.7 billion, up 13% year over year and ahead of the roughly $6.44 billion analyst estimate. Adjusted diluted EPS reached a record $4.57, exceeding consensus estimates near $3.96–$3.98 and rising about 35% from the prior year. WESCO International Reports Second Quarter 2026 Results
- Positive Sentiment: Growth was particularly strong in data centers, where sales increased approximately 45% year over year to $1.5 billion. Total company backlog rose about 60%, improving visibility into future revenue and supporting the view that infrastructure and hyperscale spending could strengthen WCC’s longer-term earnings power. Does WESCO’s Record Backlog Reveal a Deeper Shift in Its Earnings Power?
- Positive Sentiment: Management raised its 2026 outlook to adjusted EPS of $16.00–$17.50 and revenue of $25.9–$26.3 billion, above the previous revenue consensus of approximately $25.4 billion. The company also cited accelerating momentum, a multiyear grid-services award from a hyperscale customer and the Newark Engineering acquisition, which expands cooling and lifecycle capabilities. Wesco International Raises Outlook After Record Q2 Results
- Neutral Sentiment: Operating margin improved to 5.7% and adjusted EBITDA margin to 7.3%, but operating cash flow was $54 million and free cash flow was $32 million, suggesting investors will continue monitoring cash conversion and leverage.
- Negative Sentiment: Reported insider activity has been heavily weighted toward sales, including transactions by senior executives, although one executive made a purchase. These trades may create a modest sentiment overhang but do not outweigh the quarter’s operating results.
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.
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