Glenmede Trust Co. NA Cuts Stake in WESCO International, Inc. $WCC

Glenmede Trust Co. NA lowered its holdings in shares of WESCO International, Inc. (NYSE:WCC) by 8.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 65,138 shares of the technology company’s stock after selling 5,954 shares during the quarter. Glenmede Trust Co. NA’s holdings in WESCO International were worth $17,823,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Bank of New York Mellon Corp raised its position in WESCO International by 10.3% in the 1st quarter. Bank of New York Mellon Corp now owns 907,473 shares of the technology company’s stock worth $248,303,000 after purchasing an additional 84,905 shares during the period. Public Employees Retirement Association of Colorado boosted its position in WESCO International by 1,674.7% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 88,645 shares of the technology company’s stock valued at $21,686,000 after buying an additional 83,650 shares during the period. Van Lanschot Kempen Investment Management N.V. grew its stake in shares of WESCO International by 74.8% during the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 186,012 shares of the technology company’s stock valued at $45,506,000 after buying an additional 79,612 shares during the last quarter. Davis Selected Advisers increased its holdings 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 buying an additional 71,932 shares during the period. Finally, Azimuth Capital Investment Management LLC purchased a new position in shares of WESCO International in the fourth quarter worth about $17,545,000. Hedge funds and other institutional investors own 93.75% of the company’s stock.

WESCO International Stock Up 0.5%

Shares of NYSE:WCC opened at $344.32 on Friday. WESCO International, Inc. has a 1 year low of $197.96 and a 1 year high of $377.90. The company has a market cap of $16.77 billion, a PE ratio of 23.80, a P/E/G ratio of 2.14 and a beta of 1.54. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.09 and a quick ratio of 1.22. The stock’s 50-day moving average is $342.99 and its 200 day moving average is $314.57.

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

WESCO International Dividend Announcement

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

Insider Buying and Selling

In related news, CFO David S. Schulz sold 31,951 shares of WESCO International stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $360.44, for a total value of $11,516,418.44. Following the sale, the chief financial officer owned 77,038 shares in the company, valued at $27,767,576.72. The trade was a 29.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Christine Ann Wolf sold 2,549 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $355.25, for a total transaction of $905,532.25. Following the transaction, the executive vice president directly owned 29,570 shares in the company, valued at approximately $10,504,742.50. The trade was a 7.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 144,486 shares of company stock valued at $51,846,641 over the last three months. Insiders own 2.60% of the company’s stock.

Key Stories Impacting WESCO International

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.

Analyst Upgrades and Downgrades

WCC has been the subject of several analyst reports. DA Davidson started coverage on WESCO International in a report on Tuesday, June 16th. They set a “buy” rating and a $440.00 target price for the company. Barclays lifted their price target on WESCO International from $313.00 to $375.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Stephens upgraded WESCO International from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $350.00 to $400.00 in a research report on Tuesday, July 14th. Wall Street Zen lowered WESCO International from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Finally, Royal Bank Of Canada lifted their target price on shares of WESCO International from $421.00 to $430.00 and gave the stock an “outperform” rating in a research note on Friday. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $355.00.

WESCO International 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.