WESCO International (NYSE:WCC) Given New $430.00 Price Target at Royal Bank Of Canada

WESCO International (NYSE:WCC) had its price objective lifted by Royal Bank Of Canada from $421.00 to $430.00 in a report released on Friday morning,Benzinga reports. They currently have an outperform rating on the technology company’s stock.

Other analysts have also recently issued reports about the company. Weiss Ratings raised WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. DA Davidson initiated coverage on WESCO International in a research report on Tuesday, June 16th. They issued a “buy” rating and a $440.00 target price for the company. Wall Street Zen cut WESCO International from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Stephens upgraded WESCO International from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $350.00 to $400.00 in a research report on Tuesday, July 14th. Finally, KeyCorp upped their price target on WESCO International from $340.00 to $415.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Nine equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $355.00.

WESCO International Trading Up 0.5%

NYSE:WCC opened at $344.32 on Friday. The company has a 50-day moving average price of $342.99 and a 200-day moving average price of $314.57. The stock has a market cap of $16.77 billion, a price-to-earnings ratio of 23.80, a P/E/G ratio of 2.13 and a beta of 1.54. The company has a current ratio of 2.09, a quick ratio of 1.22 and a debt-to-equity ratio of 1.13. WESCO International has a 12 month low of $197.96 and a 12 month high of $377.90.

WESCO International (NYSE:WCC) last announced its quarterly earnings results on Thursday, July 30th. The technology company reported $4.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.98 by $0.59. WESCO International had a net margin of 2.84% and a return on equity of 14.95%. The company had revenue of $6.67 billion for the quarter, compared to analysts’ expectations of $6.44 billion. During the same quarter in the previous year, the company earned $3.83 earnings per share. WESCO International’s quarterly revenue was up 13.0% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 16.000-17.500 EPS. Equities analysts predict that WESCO International will post 16.08 EPS for the current year.

WESCO International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 12th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Friday, June 12th. WESCO International’s dividend payout ratio is 14.21%.

Insider Buying and Selling at WESCO International

In other WESCO International news, CEO John Engel sold 79,440 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $358.75, for a total transaction of $28,499,100.00. Following the completion of the transaction, the chief executive officer owned 478,946 shares of the company’s stock, valued at approximately $171,821,877.50. This trade represents a 14.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Diane Lazzaris sold 9,910 shares of WESCO International stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $359.48, for a total transaction of $3,562,446.80. Following the transaction, the executive vice president owned 19,611 shares of the company’s stock, valued at $7,049,762.28. The trade was a 33.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 144,486 shares of company stock valued at $51,846,641. 2.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in WCC. EverSource Wealth Advisors LLC boosted its holdings in WESCO International by 95.6% in the second quarter. EverSource Wealth Advisors LLC now owns 753 shares of the technology company’s stock worth $139,000 after acquiring an additional 368 shares in the last quarter. Gamco Investors INC. ET AL bought a new position in shares of WESCO International during the second quarter valued at $573,000. California State Teachers Retirement System increased its holdings in shares of WESCO International by 0.8% during the second quarter. California State Teachers Retirement System now owns 45,604 shares of the technology company’s stock valued at $8,446,000 after acquiring an additional 365 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of WESCO International by 516.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 41,354 shares of the technology company’s stock worth $7,659,000 after purchasing an additional 34,649 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its stake in WESCO International by 1.4% in the 2nd quarter. Lazard Asset Management LLC now owns 4,006 shares of the technology company’s stock worth $740,000 after purchasing an additional 54 shares in the last quarter. Hedge funds and other institutional investors own 93.75% of the company’s stock.

More WESCO International News

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

• Positive Sentiment: WESCO reported record second-quarter sales of approximately $6.7 billion, up 13% year over year and above the roughly $6.44 billion analyst estimate. Adjusted EPS reached a record $4.57, exceeding consensus estimates near $3.98 and rising from $3.83 a year earlier. WESCO International Reports Second Quarter 2026 Results
• Positive Sentiment: Data-center sales increased about 45% year over year to $1.5 billion, while total company backlog grew approximately 60%. The figures provide stronger demand visibility and reinforce investor optimism about data-center, electrical infrastructure and grid-related spending.
• Positive Sentiment: Management raised its fiscal 2026 outlook to adjusted EPS of $16.00–$17.50 and revenue of $25.9–$26.3 billion, above the prior consensus revenue estimate of about $25.4 billion. Adjusted EBITDA margin also improved to 7.3% from 6.7% a year earlier. Wesco International Raises Outlook After Record Q2 Results
• Positive Sentiment: Royal Bank of Canada raised its price target from $421 to $430 and reiterated an “outperform” rating, signaling continued confidence in WCC’s earnings momentum and backlog-driven growth potential. Benzinga analyst action
• Neutral Sentiment: WESCO highlighted a significant multiyear grid-services award from a hyperscale data-center customer and the Newark Engineering acquisition, which expands its cooling and lifecycle capabilities. These initiatives may strengthen long-term growth but also require execution.
• Negative Sentiment: Reported operating cash flow was $54 million and free cash flow was $32 million, relatively modest compared with the company’s revenue scale. In addition, disclosed insider activity over the past six months was heavily weighted toward sales, although one insider purchase was also reported.

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.