WESCO International (NYSE:WCC) Issues Quarterly Earnings Results, Misses Expectations By $0.42 EPS

WESCO International (NYSE:WCCGet Free Report) posted its quarterly earnings results on Tuesday. The technology company reported $3.40 EPS for the quarter, missing analysts’ consensus estimates of $3.82 by ($0.42), FiscalAI reports. WESCO International had a return on equity of 13.12% and a net margin of 2.81%.The business had revenue of $6.07 billion during the quarter, compared to analysts’ expectations of $6.03 billion. WESCO International updated its FY 2026 guidance to 14.500-16.500 EPS.

WESCO International Trading Down 4.3%

Shares of WCC stock opened at $301.73 on Tuesday. The company has a market cap of $14.68 billion, a PE ratio of 23.67, a price-to-earnings-growth ratio of 2.00 and a beta of 1.45. WESCO International has a 1 year low of $125.21 and a 1 year high of $319.67. The stock’s 50 day simple moving average is $272.54 and its two-hundred day simple moving average is $242.21. The company has a debt-to-equity ratio of 1.18, a current ratio of 2.09 and a quick ratio of 1.20.

WESCO International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a dividend of $0.4538 per share. The ex-dividend date was Friday, December 12th. This represents a $1.82 dividend on an annualized basis and a yield of 0.6%. WESCO International’s dividend payout ratio is 14.27%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Royal Bank Of Canada raised shares of WESCO International from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from $262.00 to $302.00 in a report on Wednesday, November 19th. KeyCorp boosted their price target on shares of WESCO International from $300.00 to $304.00 and gave the stock an “overweight” rating in a research note on Monday, January 26th. Barclays increased their price objective on shares of WESCO International from $274.00 to $302.00 and gave the company an “overweight” rating in a report on Monday, January 12th. Wall Street Zen cut WESCO International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, JPMorgan Chase & Co. increased their price target on WESCO International from $260.00 to $290.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. One 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 stock. Based on data from MarketBeat.com, WESCO International currently has a consensus rating of “Moderate Buy” and a consensus target price of $266.00.

Get Our Latest Report on WESCO International

Institutional Trading of WESCO International

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets boosted its stake in WESCO International by 516.8% during the second quarter. BNP Paribas Financial Markets now owns 41,354 shares of the technology company’s stock worth $7,659,000 after buying an additional 34,649 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of WESCO International by 6.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 324,068 shares of the technology company’s stock worth $68,541,000 after purchasing an additional 19,056 shares during the period. Gamco Investors INC. ET AL bought a new position in WESCO International during the 2nd quarter valued at about $573,000. Public Employees Retirement System of Ohio raised its position in WESCO International by 0.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 83,734 shares of the technology company’s stock worth $17,710,000 after purchasing an additional 777 shares during the period. Finally, Danske Bank A S bought a new stake in WESCO International in the third quarter worth about $127,000. Hedge funds and other institutional investors own 93.75% of the company’s stock.

WESCO International Company Profile

(Get Free Report)

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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Earnings History for WESCO International (NYSE:WCC)

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