Aureus Asset Management LLC Acquires Shares of 24,182 WESCO International, Inc. $WCC

Aureus Asset Management LLC acquired a new stake in WESCO International, Inc. (NYSE:WCC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 24,182 shares of the technology company’s stock, valued at approximately $5,916,000.

Several other hedge funds also recently bought and sold shares of WCC. Barrow Hanley Mewhinney & Strauss LLC grew its position in WESCO International by 19.5% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 686,630 shares of the technology company’s stock valued at $145,222,000 after acquiring an additional 111,930 shares during the last quarter. Public Employees Retirement Association of Colorado grew its position in shares of WESCO International by 1,674.7% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 88,645 shares of the technology company’s stock worth $21,686,000 after buying an additional 83,650 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. grew its position in shares of WESCO International by 74.8% during the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 186,012 shares of the technology company’s stock worth $45,506,000 after buying an additional 79,612 shares in the last quarter. Davis Selected Advisers grew its position in shares of WESCO International by 24.6% during the 4th quarter. Davis Selected Advisers now owns 364,502 shares of the technology company’s stock worth $89,172,000 after buying an additional 71,932 shares in the last quarter. Finally, Azimuth Capital Investment Management LLC bought a new position in shares of WESCO International during the 4th quarter worth $17,545,000. Institutional investors own 93.75% of the company’s stock.

WESCO International Stock Down 1.1%

Shares of WCC stock opened at $352.32 on Thursday. WESCO International, Inc. has a fifty-two week low of $171.66 and a fifty-two week high of $377.90. The firm has a market capitalization of $17.16 billion, a PE ratio of 25.04, a P/E/G ratio of 2.24 and a beta of 1.53. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.22 and a current ratio of 2.12. The stock’s 50-day simple moving average is $340.53 and its 200-day simple moving average is $298.28.

WESCO International (NYSE:WCC) last announced its quarterly earnings data on Thursday, April 30th. The technology company reported $3.37 earnings per share (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 firm had revenue of $6.08 billion during the quarter, compared to analysts’ expectations of $5.86 billion. During the same period last year, the business posted $2.21 earnings per share. The company’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. Equities analysts expect that WESCO International, Inc. will post 15.9 earnings per share for the current year.

WESCO International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 12th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, June 12th. WESCO International’s dividend payout ratio (DPR) is presently 14.21%.

Analyst Ratings Changes

WCC has been the subject of a number of analyst reports. Weiss Ratings upgraded WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. Barclays increased their price target on WESCO International from $313.00 to $375.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Royal Bank Of Canada increased their price target on WESCO International from $352.00 to $411.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. DA Davidson began coverage on WESCO International in a research note on Tuesday. They issued a “buy” rating and a $440.00 price target for the company. Finally, KeyCorp increased their price target on WESCO International from $340.00 to $415.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $334.56.

Insider Transactions at WESCO International

In other news, CEO John Engel sold 79,440 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $358.75, for a total value of $28,499,100.00. Following the completion of the transaction, the chief executive officer directly owned 478,946 shares in the company, valued at $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 SEC, which is available through the SEC website. Also, EVP Akash Khurana sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $359.13, for a total value of $1,436,520.00. Following the completion of the transaction, the executive vice president owned 30,775 shares of the company’s stock, valued at approximately $11,052,225.75. The trade was a 11.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 144,486 shares of company stock valued at $51,846,641. 2.60% of the stock is owned by company insiders.

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.