WESCO International (NYSE:WCC) EVP Sells $998,972.80 in Stock

WESCO International, Inc. (NYSE:WCC) EVP Hemant Porwal sold 2,770 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $360.64, for a total transaction of $998,972.80. Following the sale, the executive vice president directly owned 16,618 shares of the company’s stock, valued at $5,993,115.52. The trade was a 14.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

WESCO International Trading Up 0.2%

NYSE:WCC opened at $355.92 on Monday. WESCO International, Inc. has a 52 week low of $160.70 and a 52 week high of $368.90. The firm has a 50 day moving average of $290.91 and a 200 day moving average of $275.69. The company has a quick ratio of 1.22, a current ratio of 2.12 and a debt-to-equity ratio of 1.13. The stock has a market capitalization of $17.34 billion, a price-to-earnings ratio of 25.30, a PEG ratio of 2.26 and a beta of 1.54.

WESCO International (NYSE:WCC) last posted its earnings results on Thursday, April 30th. The technology company reported $3.37 EPS for the quarter, beating analysts’ consensus estimates of $2.88 by $0.49. WESCO International had a net margin of 2.79% and a return on equity of 13.82%. The company had revenue of $6.08 billion during the quarter, compared to analysts’ expectations of $5.86 billion. During the same quarter in the prior year, the company posted $2.21 earnings per share. WESCO International’s revenue for the quarter was up 13.8% compared to the same quarter last year. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. As a group, sell-side analysts anticipate that WESCO International, Inc. will post 15.7 earnings per share for the current fiscal year.

WESCO International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, March 13th. This is a positive change from WESCO International’s previous quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. WESCO International’s dividend payout ratio is currently 14.21%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on WCC. JPMorgan Chase & Co. increased their target price on shares of WESCO International from $260.00 to $290.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Wall Street Zen cut shares of WESCO International from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Stephens raised their price target on shares of WESCO International from $275.00 to $350.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Weiss Ratings raised shares of WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Finally, KeyCorp raised their price target on shares of WESCO International from $340.00 to $415.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, WESCO International presently has an average rating of “Buy” and a consensus price target of $321.38.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in WCC. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of WESCO International by 19.5% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 686,630 shares of the technology company’s stock worth $145,222,000 after buying an additional 111,930 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of WESCO International by 10.3% in the first quarter. Bank of New York Mellon Corp now owns 907,473 shares of the technology company’s stock worth $248,303,000 after acquiring an additional 84,905 shares during the period. Public Employees Retirement Association of Colorado increased its stake in shares of WESCO International by 1,674.7% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 88,645 shares of the technology company’s stock worth $21,686,000 after acquiring an additional 83,650 shares during the period. Van Lanschot Kempen Investment Management N.V. increased its stake in shares of WESCO International by 74.8% in the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 186,012 shares of the technology company’s stock worth $45,506,000 after acquiring an additional 79,612 shares during the period. Finally, Davis Selected Advisers increased its stake in shares of WESCO International by 24.6% in the fourth quarter. Davis Selected Advisers now owns 364,502 shares of the technology company’s stock worth $89,172,000 after acquiring an additional 71,932 shares during the period. Hedge funds and other institutional investors own 93.75% of the company’s stock.

WESCO International News Roundup

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

• Positive Sentiment: WESCO’s latest results topped estimates, with EPS of $3.37 versus $2.88 expected and revenue of $6.08 billion versus $5.86 billion expected, while FY 2026 EPS guidance was raised to $15.00-$17.00. This supports the stock’s recent rally and suggests improving earnings momentum.
• Positive Sentiment: Management cited stronger data-center demand and higher forward guidance, which investors appear to view as a durable growth driver for WESCO’s distribution business.
• Positive Sentiment: Several analysts have raised price targets recently, adding credibility to the bullish outlook and helping offset concerns about valuation after the run-up.
• Neutral Sentiment: Stephens kept a Hold/Equal Weight view on WESCO International, even as it lifted its target, indicating some caution after the sharp move higher. Stephens Keeps Their Hold Rating on Wesco International (WCC)
• Negative Sentiment: Multiple insiders sold stock in recent days, including CEO John Engel and CFO David Schulz, which can pressure sentiment because it may look like executives are taking profits after the stock’s strong advance. CEO John Engel SEC Filing
• Negative Sentiment: Additional insider selling from several EVPs, the CAO, and a director reinforced the impression of broad insider profit-taking, which may weigh on the stock near term. Example SEC Filing (Diane Lazzaris)

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.