WESCO International, Inc. (NYSE:WCC – Free Report) – Zacks Research cut their Q1 2025 earnings per share estimates for WESCO International in a report issued on Tuesday, March 4th. Zacks Research analyst R. Department now forecasts that the technology company will post earnings of $2.23 per share for the quarter, down from their prior forecast of $2.34. The consensus estimate for WESCO International’s current full-year earnings is $13.30 per share. Zacks Research also issued estimates for WESCO International’s Q2 2025 earnings at $3.39 EPS, Q3 2025 earnings at $3.70 EPS, Q4 2025 earnings at $3.71 EPS, FY2025 earnings at $13.03 EPS, Q1 2026 earnings at $3.36 EPS, Q2 2026 earnings at $4.03 EPS, Q3 2026 earnings at $4.49 EPS, Q4 2026 earnings at $3.81 EPS, FY2026 earnings at $15.69 EPS and FY2027 earnings at $18.75 EPS.
A number of other research firms also recently commented on WCC. Stephens boosted their target price on WESCO International from $205.00 to $215.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 18th. Royal Bank of Canada boosted their target price on WESCO International from $212.00 to $213.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 12th. Jefferies Financial Group boosted their target price on WESCO International from $225.00 to $245.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. StockNews.com downgraded WESCO International from a “buy” rating to a “hold” rating in a research report on Wednesday, February 12th. Finally, KeyCorp boosted their target price on WESCO International from $225.00 to $245.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $218.88.
WESCO International Stock Down 1.7 %
WCC opened at $164.96 on Thursday. The business’s fifty day moving average is $185.28 and its two-hundred day moving average is $182.23. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.27 and a current ratio of 2.20. The company has a market cap of $8.05 billion, a price-to-earnings ratio of 12.62, a PEG ratio of 1.45 and a beta of 2.00. WESCO International has a one year low of $143.06 and a one year high of $216.17.
WESCO International (NYSE:WCC – Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The technology company reported $3.16 earnings per share for the quarter, missing analysts’ consensus estimates of $3.23 by ($0.07). WESCO International had a net margin of 3.29% and a return on equity of 13.63%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of WCC. Thompson Siegel & Walmsley LLC boosted its holdings in WESCO International by 341.8% in the third quarter. Thompson Siegel & Walmsley LLC now owns 258,486 shares of the technology company’s stock valued at $43,420,000 after purchasing an additional 199,975 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in WESCO International by 149.3% in the fourth quarter. Ameriprise Financial Inc. now owns 255,035 shares of the technology company’s stock valued at $46,148,000 after purchasing an additional 152,727 shares during the last quarter. Handelsbanken Fonder AB boosted its holdings in WESCO International by 167.3% in the fourth quarter. Handelsbanken Fonder AB now owns 192,182 shares of the technology company’s stock valued at $34,777,000 after purchasing an additional 120,289 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in WESCO International by 62.9% in the fourth quarter. Russell Investments Group Ltd. now owns 215,002 shares of the technology company’s stock valued at $38,906,000 after purchasing an additional 83,031 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in WESCO International by 3.0% in the third quarter. Geode Capital Management LLC now owns 762,653 shares of the technology company’s stock valued at $128,143,000 after purchasing an additional 22,080 shares during the last quarter. Hedge funds and other institutional investors own 93.76% of the company’s stock.
WESCO International Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.4538 dividend. This is an increase from WESCO International’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.82 annualized dividend and a dividend yield of 1.10%. WESCO International’s dividend payout ratio is presently 13.85%.
About WESCO International
WESCO International, Inc provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally. It operates through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS), and Utility and Broadband Solutions (UBS).
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