WESCO International (NYSE:WCC) Given New $415.00 Price Target at KeyCorp

WESCO International (NYSE:WCC) had its target price raised by KeyCorp from $340.00 to $415.00 in a report released on Friday,Benzinga reports. They currently have an overweight rating on the technology company’s stock.

A number of other equities analysts also recently commented on WCC. Wall Street Zen downgraded shares of WESCO International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. JPMorgan Chase & Co. raised their price target on shares of WESCO International from $260.00 to $290.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Barclays lifted their price target 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. Weiss Ratings downgraded shares of WESCO International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. Finally, Royal Bank Of Canada raised their target price on shares of WESCO International from $316.00 to $335.00 and gave the stock an “outperform” rating in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $294.88.

WESCO International Stock Up 1.6%

NYSE WCC traded up $5.66 on Friday, hitting $354.78. 764,405 shares of the stock traded hands, compared to its average volume of 566,568. The company has a current ratio of 2.12, a quick ratio of 1.27 and a debt-to-equity ratio of 1.13. The stock has a 50-day moving average of $287.21 and a 200 day moving average of $271.99. WESCO International has a twelve month low of $156.28 and a twelve month high of $355.56. The company has a market capitalization of $17.26 billion, a P/E ratio of 27.17, a price-to-earnings-growth ratio of 2.24 and a beta of 1.54.

WESCO International (NYSE:WCC) last issued its 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 return on equity of 13.82% and a net margin of 2.79%.The company had revenue of $6.08 billion during the quarter, compared to analyst estimates of $5.86 billion. The business’s revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.21 EPS. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. As a group, analysts expect that WESCO International will post 15.55 earnings per share for the current fiscal year.

WESCO International Increases Dividend

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

Insider Activity

In other WESCO International news, EVP Diane Lazzaris sold 2,747 shares of the firm’s 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 sale, the executive vice president owned 28,865 shares in the company, valued at approximately $8,734,837.65. This trade represents a 8.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 shares were acquired at an average cost of $266.06 per share, for a total transaction of $372,484.00. Following the acquisition, the executive vice president owned 15,300 shares of the company’s stock, valued at approximately $4,070,718. The trade was a 10.07% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders sold 20,114 shares of company stock worth $6,128,353. 3.30% of the stock is currently owned by insiders.

Institutional Trading of WESCO International

Several hedge funds have recently added to or reduced their stakes in WCC. Cedar Mountain Advisors LLC bought a new stake in WESCO International during the 1st quarter valued at $61,000. DGS Capital Management LLC bought a new position in shares of WESCO International in the first quarter worth $225,000. Hudson Edge Investment Partners Inc. increased its holdings in shares of WESCO International by 22.3% during the first quarter. Hudson Edge Investment Partners Inc. now owns 3,344 shares of the technology company’s stock valued at $915,000 after purchasing an additional 610 shares during the period. Fifth Third Wealth Advisors LLC raised its stake in shares of WESCO International by 49.6% during the first 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 in the last quarter. Finally, Vaughan Nelson Investment Management L.P. lifted its holdings in WESCO International by 8.4% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 404,730 shares of the technology company’s stock worth $110,742,000 after purchasing an additional 31,210 shares during the period. Institutional investors own 93.75% of the company’s stock.

Key Stories Impacting WESCO International

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

• Positive Sentiment: Q1 results beat expectations — adjusted EPS $3.37 vs. $2.88 consensus and revenue of ~$6.08B (up ~14% Y/Y). Management highlighted record sales, stronger margins and robust operating and free cash flow, which supported an upgraded tone for the year. WESCO Q1 Earnings Surpass Expectations, Revenues Increase Y/Y
• Positive Sentiment: Company press release: record Q1 net sales ~$6.1B, organic sales +12% Y/Y, data?center sales ~$1.4B (?+70% Y/Y), backlog +22% and raised FY outlook — all bullish signals for sustained growth and margin expansion. Wesco International Reports First Quarter 2026 Results
• Positive Sentiment: Sell?side upgrades pushed upside expectations: KeyCorp raised its target to $415 (overweight) and RBC boosted its target to $411 (outperform), signaling analyst confidence in the company’s growth trajectory. Benzinga
• Positive Sentiment: Investor coverage and commentary emphasize WESCO’s exposure to the data?center build cycle and industrial momentum, reinforcing the growth narrative that drove today’s buying. Wesco International Rides Data Center Wave Higher
• Neutral Sentiment: Analyst write?ups and the earnings call transcript provide deeper detail (metrics, segment performance, slides). Useful for modeling and conviction, but largely confirm what drove the move rather than introduce new surprises. Zacks Q1 Analysis Earnings Call Presentation

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.